Today: September 08, 2024
Today: September 08, 2024

Latest From Akash Sriram

Business|Finance|Technology

Tesla shares gain on plans to launch Full Self-Driving in Europe, China

Tesla shares rose more than 6% on Thursday after the electric automaker stuck to its plans to launch the Full Self-Driving (FSD) advanced driver assistance software in China

Tesla shares gain on plans to launch Full Self-Driving in Europe, China
Business|Technology

AI startup Recogni unveils new computing method to slash costs, power requirements

AI chip and software startup Recogni unveiled a novel computing method on Tuesday that could make its chips used to train and run artificial intelligence systems smaller,

AI startup Recogni unveils new computing method to slash costs, power requirements
Asia|Business|Technology

Uber, BYD partner to bring EVs to ride-hailing platform globally

Uber and Chinese automaker BYD announced a multi-year partnership on Wednesday aimed at bringing 100,000 new electric vehicles to the ride-hailing platform globally.

Uber, BYD partner to bring EVs to ride-hailing platform globally
Business|Technology

California DMV puts 42 million car titles on blockchain to fight fraud

California's Department of Motor Vehicles (DMV) has digitized 42 million car titles using blockchain technology in a bid to detect fraud and smoothen the title transfer

California DMV puts 42 million car titles on blockchain to fight fraud
Economy|Election|News|Political|Technology

Musk says any Trump move against EV support would hurt competitors more than Tesla

Tesla CEO Elon Musk said on Tuesday that U.S. presidential candidate Donald Trump's potential removal of support for electric vehicles would hurt other automakers more than

Musk says any Trump move against EV support would hurt competitors more than Tesla
Business|Economy|Technology

Tesla margins likely dipped in Q2; robotaxi, AI ventures in focus

Tesla's second-quarter margin hit a more than five-year low, the electric vehicle maker is likely to report on Tuesday, and its CEO Elon Musk is expected to double down on

Tesla margins likely dipped in Q2; robotaxi, AI ventures in focus
Business|Economy|Technology

Intuit to cut about 1,800 jobs as it looks to increase AI investments (July 10)

TurboTax-parent Intuit said on Wednesday it will let go

Business|Science|Technology

Space startups funding continues to recover as investors bet on government spending

Space startups attracted $2.41 billion in global investments from April to June, marking a third consecutive quarter of growth in funding, according to British investment

Space startups funding continues to recover as investors bet on government spending
World

Ukraine opens new front in Minecraft game to tackle alleged Russian misinformation

War-torn Ukraine on Thursday opened a new front in its battle against alleged Russian misinformation through video games by launching a game that replicates the salt-mining

Business|Science|Technology

Tesla could start selling Optimus robots by the end of next year, Musk says

Tesla's humanoid robot is still in the lab, but it may be ready to sell as soon as the end of next year, chief executive Elon Musk said on Tuesday.

Business|Technology

Rivian says lower-cost second generation EVs to help in push for profitability

Rivian will be able to slash a fifth of its material costs from electric SUVs and pickups by the end of 2024, CEO RJ Scaringe said on Thursday, after a

Rivian says lower-cost second generation EVs to help in push for profitability
Business|Economy|Technology

Rivian jumps as $5 billion Volkswagen investment signals 'vote of confidence'

Rivian Automotive surged about 36% on Wednesday after a $5 billion investment from Volkswagen offered the loss-making startup more firepower to roll out new models to

Rivian jumps as $5 billion Volkswagen investment signals 'vote of confidence'
Business

Super Micro Computer rides AI server boom to join S&P 500

Super Micro Computer, which joins the S&P 500 on Monday, enjoys a rare advantage among server makers that are trying to tap the generative AI boom - close ties with Nvidia

Super Micro Computer rides AI server boom to join S&P 500
Business

GitLab shares drop as 'less conservative' forecast disappoints investors

GitLab shares fell 24% on Tuesday after the software developer forecast full-year 2025 revenue and profit below Wall Street estimates, citing a cautious spending

GitLab shares drop as 'less conservative' forecast disappoints investors
Business

Gravity opens fastest EV charger in US to public in New York City

Google-backed EV infrastructure startup Gravity Mobility has opened the fastest charging solution in the United States to the public, as it looks to attract fleet customers

Gravity opens fastest EV charger in US to public in New York City
Business

EV sector grapples with layoffs, production cuts and altered plans

A global slowdown in electric-vehicle demand is rippling through the industry, costing jobs and leading to changes in strategic plans, layoffs and production cuts,

EV sector grapples with layoffs, production cuts and altered plans
Business

Uber, Lyft drivers strike across US, demanding fairer pay

Drivers for Uber Technologies, Lyft and delivery workers for DoorDash were staging a strike on Wednesday, seeking fair pay and better treatment.

Uber, Lyft drivers strike across US, demanding fairer pay
Business

Lyft profit beats estimates as benefits from cost cuts kick in

Lyft beat estimates for fourth-quarter profit on Tuesday and said it would generate positive free cash flow for the first time in 2024, as the ride-share platform reaps the

Lyft profit beats estimates as benefits from cost cuts kick in
Business

Uber, Lyft, DoorDash drivers in the US to strike on Valentine's Day for fair pay

Thousands of drivers for ride-sharing platforms Uber, Lyft and food delivery app DoorDash will strike across the United States on Valentine's Day seeking fair pay, drivers'

Uber, Lyft, DoorDash drivers in the US to strike on Valentine's Day for fair pay
Business

Lyft guarantees weekly earnings to lure more drivers

Lyft said on Tuesday the company will guarantee weekly earnings for drivers, a first in the U.S. ride-hailing industry dominated by larger rival Uber Technologies, in a

Lyft guarantees weekly earnings to lure more drivers
Business

Tesla price cuts, delivery plan and CEO pay in focus ahead of results

Tesla's profitability and deliveries will be on top of investors' minds when the world's most valuable automaker reports results on Wednesday, days after sharp price cuts

Tesla price cuts, delivery plan and CEO pay in focus ahead of results
Business

Super Micro Computer shares surge as AI server demand powers big forecast raise

Shares of Super Micro Computer jumped about 25% to a record high on Friday after the company projected quarterly results well above its current estimates due to strong

Super Micro Computer shares surge as AI server demand powers big forecast raise
Business

Tesla deliveries beat estimates as year-end sales push pays off

Tesla delivered a record number of electric vehicles in the fourth quarter, beating market estimates and meeting its 2023 target of 1.8 million vehicles as a year-end sales

Tesla deliveries beat estimates as year-end sales push pays off
Business

Microsoft ending support for Windows 10 could send 240 million PCs to landfills - report

Microsoft Corp's plan to end support for Windows 10 operating system could result in about 240 million personal computers (PCs) being disposed, potentially adding to

Microsoft ending support for Windows 10 could send 240 million PCs to landfills - report
Business

SentinelOne soars on 'emerging cybersecurity challenger' label from Wall St

SentinelOne surged nearly 14% on Wednesday after a strong quarterly revenue forecast signaled its entry into the cybersecurity big leagues, challenging larger rivals like

SentinelOne soars on 'emerging cybersecurity challenger' label from Wall St

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