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Elon Musk states that AI is dangerous technology and should be regulated to ensure it operates in the public’s best interests

March 4, 2023 By Peter Leave a Comment

[TAG0][TAG1] Elon Musk raised concerns about artificial intelligence during Wednesday's Tesla investor day. Tesla CEO Stephen Tesla believed that he had done "some things" to accelerate the "dangerous technology". An investor asked him if AI could be used to help Musk create cars. Elon Musk says that artificial intelligence won't help Tesla make … [Read more...]

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Tesla Shows Off ‘Pre-Production Beta Cybertruck’ At Investor Day

March 3, 2023 By Peter Leave a Comment

---------------------------------------------------------------------------------------------------------------------------------------By: Oliver HaslamTitle: Tesla Shows Off ‘Pre-Production Beta Cybertruck’ At Investor DaySourced From: www.redmondpie.com/tesla-shows-off-pre-production-beta-cybertruck-at-investor-day/Published Date: Thu, 02 Mar 2023 15:03:50 +0000 … [Read more...]

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Salesforce: A New Dawn. Marc Benioff, CEO, is taking Salesforce from its roots in family to profitability.

March 2, 2023 By Peter Leave a Comment

Reader, drama is growing. Diamond Naga Siu is my name. I am fascinated by the Salesforce spectacle. Marc Benioff, Salesforce CEO, recently oversaw two of the most prominent candidates for the throne. The succession crisis has also caught the attention of angry activist shareholders. Multiple activist investors increased their stakes in Salesforce within a matter of months. Benioff now has to … [Read more...]

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While users abandon Twitter, fledgling social media platforms are fighting to become the next Twitter. These are the leading social media sites.

March 1, 2023 By Peter Leave a Comment

[TAG0][TAG9] Other social media sites have seen an increase in users since Elon Musk acquired Twitter. To accommodate users looking for alternatives, platforms like Cohost or Hive Social have grown. Ex-Twitter staff members Spill and T2 are starting new startups that could be the next big thing. In protest of Elon Musk's November $44 billion purchase of Twitter, … [Read more...]

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US stocks trade mixed as Santa Claus rallies remains elusive despite China’s further reopening

February 27, 2023 By Peter Leave a Comment

Spencer Platt/Getty Images According to Reuters, US stocks were mixed in the last week of 2022 trading. This was because the slowdown at China's Shanghai factory continued through January. The final week of US trading in 2022 saw stocks finish mixed as the so-called Santa Claus rally, which typically closes each year, failed to materialize. Despite new signs that China is shedding its zero … [Read more...]

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According to reports, the Twitter manager Elon Musk admired for embodying his ‘hardcore” work culture was laid off. She stated that she had no regrets about going all-in on Twitter 2.0.

February 27, 2023 By Peter Leave a Comment

[TAG0][TAG1] Esther Crawford was seen sleeping on the floor at Twitter HQ shortly following Elon Musk's purchase of the company. According to reports, Crawford, a Twitter manager who was regarded as embodying Musk’s "hardcore” work culture, has since been laid off. Crawford tweeted Sunday that she didn't regret going "all in on Twitter 2.0." After being … [Read more...]

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Warner Bros shares beat Tesla and other S&P500 peers in a fierce comeback. Hogwarts Legacy success brings back Harry Pottermania

February 27, 2023 By Peter Leave a Comment

[TAG0][TAG1] Warner Bros. Warner Bros. Due to the huge success of "Hogwarts Legacy", the media giant has seen its stock surge 64% this year. The Harry Potter-themed video game has been a huge success, bringing in $850,000,000 in its first two weeks of launch. Warner Bros. Discovery's stock has seen a strong comeback in this year, surpassing its S&P 500 … [Read more...]

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Jeff Bezos and Elon Mussos are among 6 richest Americans who have seen their wealth disappear by nearly $400 billion.

February 26, 2023 By Peter Leave a Comment

Elon Musk, Jeff Bezos.John Locher/AP/Odd Andersen/AFP via Getty Images Eight of the richest Americans have had their fortunes reduced by close to $400 billion this year. Elon Musk's net worth shrank by $140billion, while Jeff Bezos has lost $86billion. This is due to rising interest rates and historic inflation. As historic inflation, high interest rates and rising fears of recession continue to … [Read more...]

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Nobel laureate Paul Krugman compared Tesla to bitcoin, and said he wouldn’t trust Elon Muss to feed his cat.

February 26, 2023 By Peter Leave a Comment

Paul Krugman.BI Paul Krugman said Tesla was like bitcoin and that hype and faith underpin both asset's prices. Krugman joked about Elon Musk and how he would not trust him to feed his cat. Paul Krugman compared Tesla stock with bitcoin. He said hype and faith underpin both assets’ valuations. Krugman also joked that he would not trust Elon Musk to care for his cat. Between the November 2021 … [Read more...]

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Tesla is still the benchmark for electric vehicles, while some competitors will fail or get bought, according to former Ford CEO.

February 24, 2023 By Peter Leave a Comment

[TAG0][TAG1] Former Ford CEO Mark Fields said that Tesla remains the EV market leader. CNBC reported that he said Thursday that smaller players in the field could fail or be bought out by rivals. Fields stated that it is only going to get more difficult, particularly at the higher end of the price range, where there is fierce competition. Mark Fields, former chief executive … [Read more...]

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