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On this episode of the Elon, Inc. podcast,we discuss Tesla's biggest layoffs to date and why Elon Musk's rationale may be more than just about cost reduction ... Show more omny.fm/shows/elon-inc/the-most-important-earnings-of-elons-life
Tesla Gains as EV Maker Says It’ll Accelerate Affordable Models
bloomberg.com/news/live-blog/2024-04-23/tesla-first-quarter-earnings
Oracle plans to move headquarters to Nashville: Oracle plans to move its headquarters to Nashville, four years after departing Bay Area
sfchronicle.com/tech/article/oracle-hq-nashville-19418940.php
TikTok ban expected to become law, but it's not so simple. What's next? : The Senate is poised to pass the bill the House advanced over the weekend ...
npr.org/2024/04/22/1246391855/tiktok-ban-congress-biden-china-lawsuit
Quick Glance: San Francisco's Real Estate Market in Turmoil
- The city of San Francisco, once seen as the shining star of the West Coast, is now on the verge of collapse, with seemingly no one raising the alarm.
- In particular, the city's housing market has been severely impacted over the past year, with prices plummeting and homeowners fleeing en masse.
- Jamie Dimon, CEO of JPMorgan Chase, did not hold back in his comparison of San Francisco's issues to those of New York City, stating that the Bay Area is 'in far worse shape.'
- San Francisco is failing in all aspects, leading to a quiet collapse of its housing market, where once luxurious properties are now being offered at significant discounts.
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 ...
reuters.com/technology/tesla-could-start-selling-optimus-robots-by-end-next-year-musk-says-2024-04-24/
Quick Glance: Tesla aims to potentially launch its humanoid robot Optimus next year, Elon Musk suggests
- Elon Musk hinted at the possibility of Tesla introducing its humanoid robot Optimus to the market next year. The company plans to deploy the robot in its own factory by the year's end.
- Not long ago, Tesla revealed “Optimus Gen 2”, a new iteration of its humanoid robot designed to assume repetitive human tasks.
- Tesla's confidence in achieving this stems from its utilization of AI technologies in the self-driving vehicle sector and its proficiency in battery and electric motor innovations. The notion that its vehicles are essentially robots on wheels was posited.
- Envisioning a future where households incorporate a Tesla Optimus robot that assumes various manufacturing and service roles, the CEO's perspective is clear.
Tesla Earnings Report Could Add to Concerns About Its Strategy: The first-quarter results will very likely fuel worries that competitors will continue grabbing a ...
nytimes.com/2024/04/23/business/tesla-earnings-first-quarter-elon-musk.html
Quick Glance: Tesla Profit Decline Alarms Investors
- Tesla's profit fell by 55% in the first quarter due to tepid car sales.
- Revenue dropped by 9% to $21.3 billion.
- Price cuts and job layoffs indicate challenges in cost control.
- Investors concerned about Tesla's declining sales and profits.
In-N-Out proposes second Clark County location in east Vancouver: California fast-food chain In-N-Out has proposed a second restaurant in Clark County — this one ...
columbian.com/news/2024/apr/23/in-n-out-proposes-second-clark-county-location-in-east-vancouver/
Quick Glance: In-N-Out Proposes Second Location in Clark County's East Vancouver
- In-N-Out has proposed a new location in Clark County to meet the growing demand in East Vancouver, as indicated by the pre-planning documents submitted.
- The proposed property currently hosts a vacant Rite Aid building and is set to make room for a modern development with a new restaurant if the planning application is approved.
- The plans include a spacious building accommodating 84 guests, along with a well-designed drive-thru lane for 30 cars and ample parking spaces for 74 vehicles.
- In addition to the stucco building, the restaurant will feature a patio with seating and will operate from 10:30 a.m. until midnight on weekdays and until 1:30 a.m. on weekends.
The pink moon is here and will appear full for several days this week, from Monday morning to Thursday morning, according to NASA ... Show more abcnews.go.com/Site/fullpage/page-unavailable-61369435
Tesla brings forward new models as profits halve : The EV maker brings forward launch plans for new models as profits drop by more than half.
bbc.com/news/articles/c72pvz18x4lo
Goldman Talks With Private Credit for Beyond Meat Capital (BYND): Goldman Sachs Group Inc. has held conversations with private credit lenders to help shore up ...
bloomberg.com/news/articles/2024-04-23/goldman-talks-with-private-credit-firms-for-beyond-meat-capital
Tesla Promises 'More Affordable Vehicles' and a 'Cybercab': Elon Musk’s automaker told investors Tuesday that sales and revenue are down but that new “more ...
wired.com/story/tesla-promises-more-affordable-vehicles-cybercab/
ARK Funds Continue to Struggle. Investors Are Leaving Rapidly.: So far this year, investors have pulled $2.2 billion out of the six actively managed ARK ETFs.
barrons.com/articles/ark-funds-investors-88146cbb
Paid articlePaid
$TSLA | Tesla Q1 Earnings:
- Adj EPS $0.45 (Est. $0.51) 🔴
- Sales $21.301B (Est. $22.151B) 🔴
- Q1 Total Production 433,371 ... Show more
Tesla launches new souped-up Model 3 as it battles slumping sales: Tesla announced a new version of its Model 3 Performance sedan ahead of its quarterly earnings ...
businessinsider.com/tesla-launches-new-model-3-as-it-battles-slumping-sales-2024-4
Tesla recently recalled almost 4,000 Cybertrucks, just months after the automaker began delivering the EVs.
What happened to Tesla? Weak sales, layoffs and recalls weigh on outlook.: The company is facing its greatest set of challenges since a series of unforced errors ...
washingtonpost.com/technology/2024/04/23/elon-musk-tesla-earnings-outlook/
Musk Plays Up ‘Sentient Humanoid’ Robots as Tesla Flounders: Perhaps investors will ignore falling profits and revenues in favor of a sexy—though not yet ...
thedailybeast.com/musk-plays-up-sentient-humanoid-robots-as-tesla-flounders
Paid articlePaid
Tesla doubts reach fever pitch as earnings show 9% quarterly loss for Musk-led company
nbcnews.com/business/business-news/tesla-earnings-report-elon-musk-what-happens-next-sales-robotaxis-rcna148987
Tesla offers zero down payments on Model 3, Model Y in China: Tesla Inc has offered zero down payments on its Model 3 and Model Y vehicles in China ...
reuters.com/business/autos-transportation/tesla-offers-zero-down-payments-model-3-model-y-china-2024-04-24/
Cheaper Teslas are arriving sooner than planned: Tesla said cheaper models are coming sooner than it had planned. The move comes as it reported a steep Q1 ...
businessinsider.com/cheaper-teslas-arriving-sooner-than-planned-2024-4
Paid articlePaid Injury rates at Elon Musk’s rocket firm SpaceX continue to be abnormally high by industry standards, according to a @Reuters review of safety data reported to ... Show more www.reuters.com/technology/injury-rates-musks-spacex-exceed-industry-average-second-year-2024-04-22/
Quick Glance: Injury Rates at SpaceX Exceed Industry Average
- Injury rates at SpaceX facilities surpassed industry average in 2023.
- Injuries at SpaceX locations worsened compared to 2022.
- Experts raise concerns about the quality of work at SpaceX.
- SpaceX and Musk have not publicly addressed safety record in detail.
Apple announces event on May 7 amid reports of new iPad model launches: Apple will hold an event on May 7, the company said on Tuesday, amid reports that it ...
reuters.com/technology/apple-says-it-will-hold-event-may-7-2024-04-23/
Quick Glance: Apple announces event on May 7
- Apple will host an event on May 7, where the long-awaited revamped versions of the iPad Pro and iPad Air are expected to be revealed.
- These new models would signify Apple's first major overhaul of this product line since 2018, as iPad sales have decreased, prompting the company to introduce new products to stimulate demand.
- In the first quarter, iPad sales dropped by 25% to $7.02 billion, alongside a slowdown in iPhone sales.
- The event is scheduled to commence at 7 a.m. PT, corresponding to 2 p.m. GMT, and Apple is also preparing for its Worldwide Developers Conference from June 10 to June 14.
SunPower (SPWR) Stock Falls After Disclosing Plans to Restate Earnings: SunPower Corp. tumbled after the rooftop solar company said it plans to restate some ...
bloomberg.com/news/articles/2024-04-23/sunpower-slides-after-disclosing-plans-to-restate-earnings
Paid articlePaid Scenes of Campus Protests at Columbia, Yale, MIT and NYU in Photos and Video: The arrests of more than 100 protesters at Columbia last week led to more campus ...
nytimes.com/2024/04/22/nyregion/college-campus-protests-photos-yale-columbia.html
Tesla said it had pulled forward the launch of new models from the second half of 2025, sending its shares up nearly 7% in after-hours trading
reut.rs/3QfUFo5
Sydney Sweeney and Glen Powell on How ‘Anyone but You’ Beat the Rom-Com Odds: Here are their takeaways after the film, debuting on Netflix, went from box office ...
nytimes.com/2024/04/23/movies/anyone-but-you-sydney-sweeney-glen-powell.html
Here's what Tesla's Uber competitor would look like: Elon Musk's Tesla is emphasizing its self-driving and robotaxi businesses as EV demand softens ...
businessinsider.com/tesla-reveals-uber-competitor-ride-hailing-app-photos-2024-4
Paid articlePaid Tesla to lay off nearly 2,700 employees in Texas factory, notice shows: Tesla will lay off 2,688 employees at its Texas factory, the electric vehicle maker said ...
reuters.com/business/autos-transportation/tesla-lay-off-nearly-2700-employees-texas-factory-notice-shows-2024-04-23/
Quick Glance: Tesla to Lay Off Nearly 2,700 Employees in Texas Factory
- Tesla will lay off 2,688 employees at its Texas factory, as indicated in a notification.
- The layoff was done under the WARN Act, a U.S. labor law requiring companies with 100+ employees to notify ahead of planned closings or mass layoffs.
- Tesla announced that the layoffs will begin on June 14, amidst falling sales and an escalating price war.
- The global job cuts include 285 employees in Buffalo, New York, as part of another round of layoffs cutting over 10% of jobs.
After the protests at Google which led to 28 employees being fired, the company confirmed Monday that it was firing around 20 more workers.
Zelda Montes ... Show more @NoTechApartheid @EVYSTADIUM
Tesla’s $939 Billion Valuation Lead Over Toyota Is Almost Gone: Two and a half years ago, Tesla Inc. was worth almost $1 trillion more than Toyota Motor Corp. ...
bloomberg.com/news/articles/2024-04-23/tesla-s-939-billion-valuation-lead-over-toyota-is-almost-gone
Paid articlePaid
Meta's new AI assistant wanted to answer users' questions and now it's getting on their nerves
qz.com/meta-ai-tool-users-instagram-chatgpt-1851430125
Tesla’s earnings plunge, but the company promises cheaper car model: Tesla reported its first quarter adjusted earnings plunged 48%, falling short of lowered ...
cnn.com/2024/04/23/business/tesla-report-earnings-result/
Efforts to tackle student protests in America have backfired badly: Police intervention at Columbia has provoked protests at other universities
economist.com/united-states/2024/04/23/efforts-to-tackle-student-protests-in-america-have-backfired-badly
Tesla previews ride-hailing experience ahead of August robotaxi unveil: Tesla has shown off a preview of an upcoming ride-hailing feature in its app ahead of an ...
engt.co/3Jxf2JN
Ben Stiller was blindsided over ‘Zoolander 2’ failure: I ‘really f--ked this up': Ben Stiller said that the epic failure of "Zoolander 2" changed his ...
nypost.com/2024/04/23/entertainment/ben-stiller-blindsided-over-zoolander-2-failure-really-f-ked-this-up/
Tesla cuts its car prices around the world after week of turmoil for the company: The company dropped its starting prices of its Model X, Model Y and Model S by ...
npr.org/2024/04/21/1246256484/tesla-car-price-cuts-elon-musk-cybertruck
Is Elon Musk's robotaxi dream plunging Tesla into chaos and jeopardizing its vision of a cheap EV?
@EdLudlow reports www.bloomberg.com/news/features/2024-04-21/tesla-tsla-cybertruck-recall-is-latest-setback-to-stock-s-rough-2024
Quick Glance: Tesla Cybertruck Recall and Stock Decline 2024
- Elon Musk's underlings at Tesla Inc. are accustomed to chaos, but this year has been particularly turbulent. The stock price has plummeted, there has been confusion around product decisions and price cuts. Tesla's position in the Chinese EV market is under threat, and a meeting with India's Prime Minister for a planned investment announcement was abruptly called off.
- Tesla is expected to report a significant drop in operating profit and its first revenue decline in four years. Musk has ordered massive layoffs and is staking the company's future on a self-driving vehicle concept called the robotaxi. Many employees are unsettled by the changes the CEO wants to implement.
- Musk has been discussing the concept of an autonomous taxi service for at least eight years, but Tesla has not yet built the infrastructure required for it. The focus is now on the robotaxi instead of a cheaper mass-market vehicle that many investors deem crucial. Key managers have left the company, and analysts are concerned about Tesla's strategy.
- Musk has announced that more than 10% of the workforce will be laid off. Transitioning to the robotaxi service is risky, as regulation at the state and local level can be challenging. Nevertheless, Musk is betting on Tesla making robotaxis a reality by promoting FSD and cutting prices. Some of the Tesla layoffs were poorly organized and perceived as humiliating.
This Bank-Stock Fund Owns Coinbase and PayPal. The Manager Explains Why.: The Hennessy Large Cap Financial Fund is betting on fintech leaders.
barrons.com/articles/bank-stock-fund-coinbase-paypal-272ca62d
Paid articlePaid
She was saving money to move back to Nicaragua. Then she was killed on a Metro train.
latimes.com/california/story/2024-04-23/lonely-in-america-killed-by-a-stranger-on-the-subway
China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show
reuters.com/world/china/china-acquired-recently-banned-nvidia-chips-super-micro-dell-servers-tenders-2024-04-23/
Quick Glance: China Acquires Banned Nvidia Chips in Super Micro, Dell Servers
- Chinese universities obtained Nvidia chips through third parties despite ban
- Tenders reveal acquisition of advanced chips in server products
- Sales by unknown Chinese retailers bypass U.S. regulations
- Tenders demonstrate China's access to advanced technology, potential export control violations
Tesla profits fell 55% to $1.13 billion in the first quarter from the same year-ago period as a protracted EV price-cutting strategy continued to cut into the ... Show more techcrunch.com/2024/04/23/tesla-profits-drop-55-company-says-ev-sales-under-pressure-from-hybrids/ #TechCrunch #technews #Tesla #ElonMusk
Google fires more workers who protested its deal with Israel: An activist group says Google fired at least 20 more workers in the aftermath of protests over ...
apnews.com/article/google-israel-protest-workers-gaza-palestinians-96d2871f1340cb84c953118b7ef88b3f
Quick Glance: Google Fires More Employees Following Israel Deal Protests
- An activist group has reported that Google has terminated at least 20 more employees in response to protests over the technology supplied to the Israeli government amid the Gaza conflict, bringing the total number of dismissed employees to over 50.
- This serves as another indication of internal unrest at the tech giant, revolving around 'Project Nimbus,' a $1.2 billion contract signed in 2021 for Google and Amazon to provide cloud computing and AI services to the Israeli government.
- Last week, demonstrations were held by employees at Google offices in New York and Sunnyvale, California, resulting in the company contacting law enforcement, leading to subsequent arrests.
- According to Google, the additional terminations were carried out after an investigation gathered information from colleagues who were 'physically disrupted,' and employees were identified who wore masks and did not carry their ID badges to conceal their identities. The company refuted the group's allegations, asserting that it meticulously verified that 'each individual whose employment was terminated was personally and conclusively involved in disruptive activities within our premises.'
Tesla sees biggest revenue drop since 2012 but company shares still surge: Shares are up despite a revenue decline of 9% after company said it expects to release ...
theguardian.com/technology/2024/apr/23/tesla-tsla-earnings-report-cybertruck
Elon Musk vague when asked if he would step back from Tesla in 3 years: Elon Musk did not give a direct answer on Tuesday about whether he plans to reduce his ...
businessinsider.com/elon-musk-vague-if-he-would-step-back-from-tesla-2024-4
Meta is putting AI front and center in its apps, and some users are annoyed: Meta’s artificial intelligence-powered assistant is suddenly everywhere in its ...
nbcnews.com/tech/tech-news/meta-putting-ai-front-center-apps-users-are-annoyed-rcna148857
Several Crew Members Injured in Crash on Set of Eddie Murphy Film ‘The Pickup’: Eddie Murphy and the film’s other stars, Keke Palmer and Pete Davidson ...
thedailybeast.com/several-crew-members-injured-in-crash-on-set-of-eddie-murphy-film-the-pickup
Stock Market's ‘Humbling’ Cycle Forces Morgan Stanley's Wilson to Stay Nimble
bloomberg.com/news/newsletters/2024-04-23/stock-market-s-humbling-cycle-forces-morgan-stanley-s-wilson-to-stay-nimble
Block (SQ) Finishes Development of Bitcoin Mining Chip: Digital payments company Block Inc., formerly known as Square, has finished the development of its ...
bloomberg.com/news/articles/2024-04-23/jack-dorsey-s-block-finishes-development-of-bitcoin-mining-chip
Paid articlePaid Tesla (TSLA) Global Job Cuts Includes Layoffs in Austin: Tesla Inc. plans to cut more than 6,000 jobs across Texas and California as part of Chief Executive ...
bloomberg.com/news/articles/2024-04-23/tesla-to-cut-2-688-roles-in-texas-as-it-slashes-global-workforce
Weak business figures: Tesla's quarterly profit falls by 55 percent: The US electric car manufacturer Tesla is struggling with falling sales figures ...
n-tv.de/wirtschaft/Teslas-Quartalsgewinn-faellt-um-55-Prozent-article24896184.html
🔴WATCH LIVE: Tesla Q1 2024 Earnings Call | $TSLA: Benzinga Live on X (Twitter)
twitter.com/i/broadcasts/1vOxwjVvDYrJB
Apple sinks to 3rd place in China as iPhone sales slide: The sales slump marks the iPhone's worst performance in China since 2020 and signals increasingly tough ...
businessinsider.com/apple-china-iphone-sales-slide-huawei-counterpoint-tim-cook-2024-4
X planning smart TV app, promising ‘immersive entertainment’: Social platform X is planning to roll out an application for users on smart TVs ...
thehill.com/homenews/media/4615396-x-planning-smart-tv-app-promising-immersive-entertainment/
🔊 Tesla CEO Elon Musk faces tough questions from investors amid challenges at the electric vehicle maker. Find out the latest on the Reuters World News podcast
reut.rs/4dlh6lY
Tesla targeting about 400 voluntary job cuts in Germany: Tesla is targeting around 400 job cuts at its German gigafactory near Berlin, or about 3% of the plant's ...
reuters.com/business/autos-transportation/tesla-aims-cut-400-jobs-germany-via-voluntary-programme-2024-04-23/
Tesla mass layoffs impact Bay Area, with over 2,750 jobs lost: Tesla mass layoffs slam Bay Area workers in Fremont and Palo Alto facilities, with over 2 ...
sfchronicle.com/bayarea/article/tesla-layoffs-bay-area-19418511.php
Quick Glance: Tesla Layoffs Impact Bay Area with Over 2,750 Jobs Lost
- Tesla mass layoffs hit Bay Area's Fremont and Palo Alto facilities, resulting in over 2,750 job cuts. The job cuts are part of a broader 10% workforce reduction at Tesla, affecting various locations.
- The layoffs are set to commence on June 14, impacting employees across multiple sites in Fremont and Palo Alto. In addition, significant job losses will occur in Lathrop, Burbank, and Austin, totaling thousands of affected workers.
- Tesla's decision to eliminate a large portion of its workforce stems from the need to reduce costs amidst industry challenges. CEO Elon Musk emphasized the necessity of these layoffs despite their impact on employees and communities.
- The company's restructuring plan reflects a shift in focus and operational strategies to address market dynamics, including declining stock value and competitive pressures in the electric vehicle sector. Tesla's future direction aims to navigate these challenges while maintaining its position in the industry.
Meta earnings preview: What Wall Street expects from Facebook parent: Wall Street is upbeat heading into Meta Platforms' first-quarter earnings ...
markets.businessinsider.com/news/stocks/meta-earnings-preview-1q-stock-price-outlook-ai-instagram-reels-2024-4
Jelly Roll’s wife, Bunnie XO, says bullying over his weight drove the star off social media
cnn.com/2024/04/23/entertainment/jelly-roll-wife-bunnie-bullying/
Mark Zuckerberg spilled the beans on his new chain necklace look: Mark Zuckerberg's been in the spotlight recently thanks to his chain necklace ...
businessinsider.com/mark-zuckerberg-dug-into-new-chain-necklace-look-2024-4
Paid articlePaid Google invests $640 mln in new data centre in Netherlands: Alphabet-owned Google is investing 600 million euros ($640.62 million) in a new data centre in the ...
reuters.com/technology/google-invests-640-mln-new-data-centre-netherlands-2024-04-23/
Colleges struggle with allowing protests and preventing antisemitism and intimidation
pbs.org/newshour/show/colleges-struggle-with-allowing-protests-and-preventing-antisemitism-and-intimidation
Nvidia is also there: Will these 2 AI stocks actually crash by up to 65% soon?: On Friday, AI stocks like Nvidia suffered a severe setback on the stock exchanges ...
boerse-online.de/nachrichten/aktien/auch-nvidia-ist-dabei-stuerzen-diese-2-ki-aktien-tatsaechlich-bald-um-bis-zu-65-ab-20355935.html
IBM Is in Advanced Talks to Acquire Software Provider HashiCorp: International Business Machines Corp. is in advanced talks to acquire software company HashiCorp ...
bloomberg.com/news/articles/2024-04-23/ibm-is-in-advanced-talks-to-acquire-software-provider-hashicorp
Apple's (AAPL) IPhone Sales in China Falls to Worst Level Since 2020: Apple Inc.’s iPhone sales in China fell 19% during the March quarter ...
bloomberg.com/news/articles/2024-04-23/apple-s-china-iphone-sales-dive-19-in-worst-quarter-since-2020
Tesla's chaotic layoffs leaves workers nervous about future: In the wake of Tesla's week of layoffs some workers say they feel as if they've been left in limbo.
businessinsider.com/teslas-workers-nervous-about-future-after-layoffs-2024-4
Apple's smartphone shipments in China fell 19% in the first quarter of the year, market data showed. It's the iPhone maker's worst performance since 2020 ... Show more reut.rs/49PDcKl
Plant-Based Meat Boomed. Here Comes the Bust: Sales of vegan meat are trending downward in the US, with companies scrambling to win back customers.
wired.com/story/plant-based-meat-sales-2023/
Fisker may seek bankruptcy protection in 30 days if unable to meet debt obligations
reuters.com/business/autos-transportation/fisker-may-seek-bankruptcy-protection-30-days-if-unable-meet-debt-obligations-2024-04-23/
Tesla to lay off more than 3,000 employees in California, notices show: Tesla is set to cut 3,332 jobs in California, the electric-vehicle maker said in multiple ...
reuters.com/business/autos-transportation/tesla-lay-off-more-than-3000-employees-california-notices-show-2024-04-23/
Google has fired 50 employees after protests over Israel cloud deal, organizers say
cnn.com/2024/04/23/tech/google-fires-employees-protest-israel/
Quick Glance: Google dismisses workers following protests on technology deal with Israeli government
- Following protests regarding the technology supplied to the Israeli government, Google has terminated employees, heightening tensions around a sensitive contract.
- The confirmed dismissals by Google on Wednesday occurred after nine individuals were detained during sit-in demonstrations in New York and Sunnyvale, California, a day subsequent to police intervention.
- Demonstrations are predominantly coordinated by a faction known as No Tech For Apartheid. Google states that Nimbus is not utilized for weaponry or intelligence purposes.
- Stated in a blog post, Google's CEO Sundar Pichai implied a close supervision of employees as the company enhances efforts in advancing its AI technology, marking a crucial phase in the industry and potentially humanity.
US CDC warns of harmful reactions to fake Botox injections: The U.S. Centers for Disease Control and Prevention (CDC) on Tuesday alerted clinicians about risks ...
reuters.com/business/healthcare-pharmaceuticals/us-cdc-warns-harmful-reactions-fake-botox-injections-2024-04-23/
A Tiktok ban is a win for Mark Zuckerberg: Mark Zuckerberg is likely paying close attention to the possible ban or forced sale of TikTok ...
businessinsider.com/tiktok-ban-win-mark-zuckerberg-meta-instagram-reels-why-2024-4
Quick Glance: Congress Approves Potential TikTok Ban: What's Next?
- Congress has passed a law that could result in a nationwide TikTok ban. President Biden is expected to sign the bill, forcing TikTok to find a new owner or be banned from the US.
- The law gives TikTok's Chinese parent company 270 days to sell the app. Biden could extend the deadline by 90 days. The law was attached to a foreign aid package to expedite its passage.
- Since Biden has supported the law, he is likely to sign it. TikTok has vowed to take the government to court if the bill is signed.
- Experts suggest that a TikTok ban could violate free speech rights. A court challenge could temporarily block the law, but TikTok would need to comply if no injunction is granted.
Google fired 20 more workers after protests against its contract with Israel: No Tech for Apartheid, which represents the workers who protested ...
qz.com/google-fires-workers-protests-israel-project-nimbus-1851428444
$MSFT | Microsoft Rattles OpenAI With New AI Model That's 'As Capable As' GPT-3.5, While Apple Is Still Hashing Out Its Google Gemini Plans For ... Show more
Quick Glance: Microsoft unveils Phi-3 as latest AI model
- Phi-3 Mini is the first of three small AI models Microsoft plans to release that are capable of performing multiple AI tasks at lower computational costs.
- Microsoft launched the latest version of its lightweight AI model Phi-3 Mini, the first of three small models the company aims to release.
Henry Cavill net worth: How he makes and spends his millions: Thanks to Superman, "The Witcher," and endorsements Henry Cavill is making bank ...
businessinsider.com/henry-cavill-net-worth-makes-spends-millions
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