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Tesla short-sellers have lost $7Billion in 2023 due to Tesla’s stock rising 86%

February 22, 2023 By Peter Leave a Comment

[TAG0][TAG1] According to S3 Partners, short sellers of Tesla have made $7.2 billion in 2023 losses. The stock of the EV manufacturer soared 86% in the past year amid a wider tech rally. Ten of the most shorted stocks, which includes Meta and Apple, suffered losses totalling nearly $17 billion this year. Those who bet against Tesla feel the pain, as Tesla's stock gains … [Read more...]

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Canadian Warren Buffett warns technology stocks are more expensive than during the dotcom boom and predicts a painful sale

February 21, 2023 By Peter Leave a Comment

[TAG0][TAG1] Prem Watsa stated that growth stocks are now more overvalued than they were during the dotcom boom. According to "Canadian Warren Buffett", tech stocks are extremely overpriced in comparison to value stocks. Fairfax Financial Chief and billionaire investor, Fairfax Financial, warned that growth stocks could plummet. The "Canadian Warren … [Read more...]

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ChatGPT creator Sam Altman invested in dozens companies over the years – from Reddit’s Neuralink to Elon Musk’s Neuralink.

February 19, 2023 By Peter Leave a Comment

[TAG0][TAG27] Sam Altman, CEO of OpenAI, has made investments in many tech and energy companies. He was the principal investor in rounds of companies such as Reddit, Helion Energy and Asana. Neuralink, a brainchip company that Elon Musk founded with OpenAI, was also his investment. These are his most noteworthy investments. Neuralink[TAG1][TAG28] According to … [Read more...]

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Apple and Meta’s Cold War over Privacy is Coming to an End

February 18, 2023 By Peter Leave a Comment

Reader, do you live with your parents? I don't. I am Diamond Naga Siu and may have made the wrong decisions in my life. Insider spoke to a 25-year old about her extravagant lifestyle, which she credits to not having to rent. She enjoys weekend trips, luxury goods, and drives a decent car. She is part of a growing trend in young people who live in multigenerational homes. A study revealed … [Read more...]

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Elon Musk announces that Twitter will bring legal action against a disgruntled employee. The CEO claims that he leaked false information to show his tweets were boosted.

February 18, 2023 By Peter Leave a Comment

[TAG0][TAG1] Elon Musk stated that Twitter is taking legal action against a worker, whose CEO claimed that he had leaked false information. He claimed that the worker was responsible for a Platformer report which stated Musk's tweets were boosted. Musk's brief statement about a bug caused some replies to be as prominent as the primary tweets. Elon Musk stated that … [Read more...]

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Elon Musk: Twitter solves its Elon Musk tweet problem

February 15, 2023 By Peter Leave a Comment

You may have noticed a problem if you are using Twitter's "For You", instead of the chronological tab "Following". Many users noticed that the algorithmic feed was showing too many Elon Musk tweets and replies. This is regardless of whether they follow him. The CEO of Twitter confirmed the fact by tweeting, "Please stay tuned while we adjust the uh... 'algorithm.'" Musk may be joking by using … [Read more...]

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Jury rules Elon Musk’s tweets about “funding secured” are not subject to liability for shareholders’ losses

February 15, 2023 By Peter Leave a Comment

Elon Musk has been exonerated of his tweets in 2018 claiming that he had "funding secured" for Tesla's privatization for $420 per share. After a lengthy trial in San Francisco, a jury found Musk not responsible for the losses of Tesla investors. Musk could have been held liable for billions in damages, but the verdict is a significant victory. Musk testified before federal court that simply … [Read more...]

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Here’s what we know so far about Hamilton 68, a Russian online influencer that was exposed by the ‘Twitter Files.

February 10, 2023 By Peter Leave a Comment

[TAG0][TAG2] An "Twitter Files” drop recently revealed deep concern among Twitter executives over a database that claimed it could track Russian propaganda in "near-real time." Hamilton 68, a now defunct database was widely cited in media outlets like Insider before it was closed down in 2018. Conservatives accuse it of being left-leaning, but its creators claim … [Read more...]

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Twitter crashed because an employee accidentally deleted data. The team responsible was not able to recover the data due Elon Musk’s cuts.

February 10, 2023 By Peter Leave a Comment

[TAG0][TAG1] Twitter users received a warning on Wednesday: "You have exceeded the daily limit to send tweets." Platformer said that this is because an employee accidentally deleted data regarding these limits. Platformer reported that the entire team responsible for this service had left the company in November. According to Platformer, Twitter's Wednesday … [Read more...]

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Hyundai’s futuristic electric car, the new Hyundai Elantra, offers Tesla-beating performance in a sleek package

February 9, 2023 By Peter Leave a Comment

[TAG0][TAG2] The Hyundai Ioniq 6 sedan has a sleek design and impressive driving range. According to the EPA, it can travel 361 miles without charging up. The maximum range of Tesla's Model 3 is 358 miles Hyundai's newest electric car is not designed with a dolphin-like, slippery shape. It was created by Hyundai because it looks cool. (It does.) It was not decided to … [Read more...]

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