Just ahead of Tesla’s quarterly earnings release, a powerful coalition of labor unions and corporate accountability groups has launched a campaign challenging Elon Musk’s record-breaking $1 trillion compensation package. The initiative, called “Take Back Tesla,” is led by organizations including the American Federation of Teachers and Public Citizen. The campaign’s newly launched website urges Tesla […]
Bill Gates has spoken out strongly against recent U.S. cuts to global aid programs, calling the decision “devastating” but still reversible. The billionaire philanthropist and Microsoft co-founder urged policymakers to restore funding for critical international initiatives, warning that the consequences of inaction are already proving fatal. In a post on X (formerly Twitter), Gates responded […]
Just days after demanding the resignation of Intel’s chief executive, President Donald Trump has now lauded Lip-Bu Tan as a “success,” marking a dramatic shift in tone. On Monday, Trump revealed that he and his cabinet met with Tan, alongside Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent. “The meeting was a very interesting […]
Google has made a major move in the escalating race for AI expertise by bringing on board Varun Mohan, co-founder and CEO of AI coding startup Windsurf. Alongside Mohan, several top-level research and development team members from Windsurf will also be joining Google. Rather than acquiring the startup, Google has secured a non-exclusive license to […]
Instagram has officially surpassed 3 billion monthly active users, according to Meta CEO Mark Zuckerberg. Celebrating the milestone, Zuckerberg shared on his Instagram channel, “What an incredible community we’ve built here.” This achievement marks a significant moment for the photo and video-sharing app, which was acquired by Meta in 2012 for $1 billion. The last […]
With the release of the online version of its cutting-edge Thread program, Meta, the software behemoth once known as Facebook, has once again made important advancements in social media and communication. This action demonstrates Meta’s unwavering dedication to improving how people interact and communicate in the digital age. Thread: Revolutionizing Online Conversations Due to […]
State Street is doubling down on its optimism toward artificial intelligence investments, even after the Nasdaq suffered its steepest weekly decline since April. Chief Business Officer Anna Paglia said momentum-driven tech stocks continue to show strength as investors remain captivated by the transformative potential of AI. “How could anyone not want exposure to the growth […]
Affirm CEO Max Levchin revealed on Friday that while the company hasn’t observed credit stress among federal employees impacted by the ongoing U.S. government shutdown, there are early signs of reduced shopping enthusiasm within that group. “We’re noticing a very subtle decline in shopping activity — just a few basis points — specifically among furloughed […]
Nvidia CEO Jensen Huang visited the White House on Thursday for a meeting with former President Donald Trump, coinciding with Nvidia’s historic climb to become the first publicly traded company to close a trading session with a market valuation surpassing $4 trillion—outpacing both Apple and Microsoft. The meeting took place as Nvidia’s stock saw a […]
1. Tesla Hits a Speed Bump All eyes were on Tesla yesterday as it kicked off the new earnings season among the “Magnificent Seven” tech giants. Despite a slight recovery in revenue after two declining quarters, earnings per share fell short of market expectations due to rising capital expenditures. During the company’s earnings call, Elon […]