[TAG0][TAG1] On Tuesday, Elon Musk made an apology for making fun of a Twitter employee with muscular dystrophy. Musk accused the employee of not doing "actual" work and asked him to justify why he should be kept his job. Insider Musk was told by a lawyer that Musk's attitude toward people with disabilities is hostile. Elon Musk apologized publicly for accusing … [Read more...]
Jim Simons’ RenTech was the first to bet on Tesla a decade before. Elon Musk owned a stake in RenTech worth $12B today.
[TAG0][TAG1] Jim Simons' quant fund Renaissance Technologies made the first bet on Elon Musk’s Tesla in 2013. It purchased 2.7 million shares in split-adjusted for $19 million back then and more than $500 million today. RenTech's stake reached 59 million shares in 2019, or $12 billion today at Tesla's stock prices. Renaissance Technologies invested in Tesla 10 … [Read more...]
According to a book that describes his first startup in 1990, Elon Musk’s office sleeping patterns have been around since the early 90s.
[TAG0][TAG2] In 1995, Elon Musk and his brother founded Zip2, his first startup. Jimmy Soni's book "The Founders", details how he slept in the office and publicly criticized colleagues. The billionaire still manages Twitter almost three decades later. Although Elon Musk's Twitter management has been criticized for his long hours and demanding work schedules, … [Read more...]
Elon Musk should’ve included cheap EVs in his Master Plan for Tesla. Instead, we got much more of everything.
[TAG0][TAG1] The world is eager for affordable EVs but Tesla is not ready to deliver yet. Elon Musk's electric vehicle company hosted an investor day in Texas. It featured everything except cheap EVs. This is a major omission for a company struggling with fluctuating demand and rising competition. Tesla fans have been on a rollercoaster ride for the past few months. So … [Read more...]
Elon Musk states that AI is dangerous technology and should be regulated to ensure it operates in the public’s best interests
[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...]
Tesla Shows Off ‘Pre-Production Beta Cybertruck’ At Investor Day
---------------------------------------------------------------------------------------------------------------------------------------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...]
Salesforce: A New Dawn. Marc Benioff, CEO, is taking Salesforce from its roots in family to profitability.
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...]
While users abandon Twitter, fledgling social media platforms are fighting to become the next Twitter. These are the leading social media sites.
[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...]
US stocks trade mixed as Santa Claus rallies remains elusive despite China’s further reopening
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...]
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.
[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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