Secondary sector of the economy & Politics
industries that produce a finished, usable product or are involved in construction
A group of Google employees staged sit-ins at the company’s offices to protest the tech giant’s work with Israel’s government ... Show more www.washingtonpost.com/technology/2024/04/16/google-sit-in-employee-protest-nimbus-israel/
Quick Glance: Google Employees Rally Against Cloud Agreement with Israel's Government
- Google staff members are protesting a cloud deal with the Israeli government amid the Hamas conflict.
- Activists are staging sit-ins at Google offices in New York and California as a form of protest.
- These actions represent an intensification in the resistance against tech companies' association with the Israeli government.
- Employees are urging the immediate termination of the project and condemning the IDF's utilization of Google services.
Mark Zuckerberg net worth overtakes Elon Musk's for world's 3rd-richest: Musk and Zuckerberg have been at odds with each other in the past, with both agreeing to ...
businessinsider.com/mark-zuckerberg-elon-musk-net-worth-comparison-3rd-richest-person-2024-4
Google Fires 28 Employees Who Protested an Israeli Cloud Contract: The dismissals escalated longstanding tensions between company leaders and activist employees ...
nytimes.com/2024/04/18/technology/google-firing-israeli-cloud-contract.html
Quick Glance: Google terminates 28 employees after office occupation due to anti-Israel protests
- Google terminated 28 employees on Thursday who had occupied its offices to protest against contracts with the Israeli government, as confirmed by a Google spokesperson.
- The protesters were arrested and after refusing to leave the office of Google Cloud CEO Thomas Kurian in Sunnyvale or the workspace in New York City for nearly 10 hours, they were transferred to administrative positions to urge Google to terminate the Project Nimbus contract and cease business with the Israeli government.
- No Tech For Apartheid, a project by Jewish Voice for Peace and Linda Sarsour’s MPower Change, described the terminations as an "indiscriminate act of mass retaliation."
- The office occupations at Google were accompanied by demonstrations on-site and in Seattle, aiming to compel Google to withdraw from the project to establish cloud-based data centers and transition a significant portion of the Israeli government's IT infrastructure to cloud-based servers.
Tesla shares tumble below $150 per share, giving up all gains made over the past year
apnews.com/article/tesla-stock-elon-musk-electric-vehicles-a58609b126ba5f5b7655f6049ecb27f1
Quick Glance: Tesla Shares Plummet Below $150, Erasing Year's Gains
- Tesla's stock tumbled below $150 per share, erasing all gains made in the past year, reflecting falling sales and deep discounts to attract buyers.
- Shares of Tesla have fallen by 12.4% this week and over 39% this year, accompanied by a global staff reduction of 10% amounting to around 14,000 jobs.
- Tesla's stock hit an all-time high in November 2021 but sales plummeted last quarter due to increased competition and failed price cuts to bolster demand.
- Anticipated lower first-quarter earnings for Tesla raise concerns about potential catalysts to reverse the stock decline amidst uncertainties surrounding the release of a new affordable electric vehicle and strategic shifts within the company.
Google fires 28 employees after protest against cloud contract with Israel : Google has fired 28 employees who were involved in protests over the tech company’s ...
apnews.com/article/google-israel-protest-8c0ff2d46e19b90bdc49ffe6ec4ae274
Petrobras’ Prates Aligns Himself With Lula to Boost Shipbuilding: Brazil’s state-controlled oil producer Petrobras is getting behind President Luiz Inacio Lula ...
bloomberg.com/news/articles/2024-04-18/petrobras-prates-aligns-himself-with-lula-to-boost-shipbuilding
Paid articlePaid
Northrop Grumman working with Musk's SpaceX on U.S. spy satellite system: Aerospace and defense company Northrop Grumman is working with SpaceX ...
reut.rs/4aBz8OU
LVMH's Arnault Has Hopes Xi Visit Will Smooth Paris-Beijing Trade Relations: Billionaire Bernard Arnault said he hopes a planned visit to France next month ...
bloomberg.com/news/articles/2024-04-18/arnault-says-he-hopes-tensions-with-china-on-luxury-quiet-down
Paid articlePaid Seeking edge over rivals, Intel first to assemble ASML's next-gen chip tool: Intel said on Thursday it had become the first company to assemble one of Dutch tech ...
reuters.com/technology/seeking-edge-over-rivals-intel-first-assemble-asmls-next-gen-chip-tool-2024-04-18/
Boston Dynamics, the robotics company that has been a social media sensation, is retiring its hydraulic powered robot, but that’s not quite the end for the ... Show more
Quick Glance: Boston Dynamics' New Fully Electric Atlas Robot
- Boston Dynamics has retired its hydraulic Atlas robots after 11 years and introduced a new fully electric version, marking a significant evolution in the company's product lineup.
- The electric Atlas offers enhanced strength, range of motion, and versatile applications across various industries, starting with automotive manufacturing for parent company Hyundai.
- Boston Dynamics has had a tumultuous history, from its founding as a promising research-focused startup to multiple acquisitions, but now seems to be focusing more on commercial applications.
- The launch of the electric Atlas not only signifies a milestone in robotics but also provides a glimpse into the future where humanoid robots are poised to play an increasingly integral role in the industry.
Thames Water Delays Business Plan Update Scheduled for Friday: Thames Water Utilities Ltd has postponed an update to its business plan originally scheduled for ...
bloomberg.com/news/articles/2024-04-18/thames-water-delays-business-plan-update-scheduled-for-friday
Meta releases early versions of its Llama 3 AI model: Meta Platforms on Thursday released early versions of its latest large language model, Llama 3 ...
reuters.com/technology/meta-releases-early-versions-its-llama-3-ai-model-2024-04-18/
From @Breakingviews : Tesla shareholders will soon vote on re-ratifying its CEO’s court-voided $40-billion pay package. It’s not a tough decision, instead ... Show more @JMAGuilford www.reuters.com/legal/transactional/musks-next-big-payday-matters-more-than-his-last-2024-04-17/
Xiaomi says sales of its electric car 3-5 times higher than expected: Sales of Chinese smartphone maker Xiaomi's first electric car have been 3-5 times higher ...
reuters.com/business/autos-transportation/xiaomi-says-sales-its-new-ev-have-been-3-5-times-higher-than-expected-2024-04-18/
Musk’s next big payday matters more than his last: Yesterday’s paycheck is a poor guarantee of good work tomorrow. Electric-car maker Tesla is asking investors ...
reuters.com/legal/transactional/musks-next-big-payday-matters-more-than-his-last-2024-04-17/
From Breakingviews: Tesla is asking investors to re-ratify Elon Musk’s court-voided $40-billion pay package, which Jonathan Guilford explains ... Show more reut.rs/4cWUc4d
A Trove of ByteDance Records Mistakenly Went Public. Here’s What They Say.: The records briefly surfaced in a lawsuit involving the Republican megadonor Jeff ...
nyti.ms/3vO6PxL
Tesla tries legal 'Band-Aid' to revive Musk's huge pay deal: Tesla and Elon Musk are seizing upon an obscure provision in corporate law to attempt to restore ...
reuters.com/legal/tesla-tries-legal-band-aid-revive-musks-huge-pay-deal-2024-04-18/
Satirist irritates with video: Did Jan Böhmermann cave in?: In his podcast, Jan Böhmermann has been talking for a long time about wanting to buy an electric car ...
n-tv.de/leute/Ist-Jan-Boehmermann-eingeknickt-article24882828.html
United Airlines says Boeing to compensate for damages caused by MAX 9 grounding
reuters.com/business/aerospace-defense/united-airlines-says-boeing-will-compensate-financial-hit-caused-by-737-max-9-2024-04-17/
Tesla seeks to award Elon Musk $56bn pay package: The deal, if approved by shareholders and judges, would be the largest in corporate America.
bbc.com/news/articles/cqqndqndpq5o
Javier Milei, Argentina's president and social media addict: The populist and ultra-liberal leader elected last November spends an average of two hours a day on ...
lemonde.fr/en/international/article/2024/04/18/javier-milei-argentina-s-president-and-social-media-addict_6668793_4.html
Performance of Taylor Swift's latest album, “The Tortured Poets Department,” will answer whether there’s any ceiling to her accomplishments ... Show more edition.cnn.com/2024/04/17/entertainment/the-music-industry-is-bracing-for-another-massive-release-from-taylor-swift-with-the-tortured-poets-department-album/index.html
Slow clean power generation growth hits Texas power sector: Maguire: Drops in power generation from wind farms, hydro dams and nuclear reactors has forced the ...
reuters.com/sustainability/climate-energy/slow-clean-power-generation-growth-hits-texas-power-sector-maguire-2024-04-17/
Revealed: Tory MP allegedly demanded campaign cash to pay ‘bad people’: Mark Menzies, MP for Fylde, used thousands of pounds raised by donors for private ...
thetimes.co.uk/article/tory-mp-mark-menzies-under-investigation-campaign-funds-bhksggpwl
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Joe Biden takes his first jab at Donald Trump over hush-money trial: With the slightest of jabs Wednesday, President Joe Biden publicly acknowledged former ...
usatoday.com/story/news/politics/elections/2024/04/17/biden-jabs-trump-over-hush-money-trial/73354008007/
Quick Glance: Joe Biden Calls for Significant Increase in Tariffs on Chinese Steel
- US President Joe Biden is pushing for an increase in tariffs on Chinese steel and aluminium to strengthen union support in the swing state of Pennsylvania.
- During a meeting with United Steelworkers union members in Pittsburgh, Biden calls on trade representative Katherine Tai to raise the tariffs from the current average of 7.5 percent.
- The main focus of the measures is to combat China's new export surge and the ongoing price pressure that makes it difficult for American steel companies to compete.
- The Biden administration's decision to increase tariffs is expected to impact recent efforts by Washington and Beijing to stabilize relations.
T. Rowe Price says 2018 Tesla pay aligned with investor interests: Mutual fund firm T. Rowe Price said Elon Musk's record-breaking 2018 pay package from Tesla ...
reuters.com/business/autos-transportation/t-rowe-price-says-2018-tesla-pay-aligned-with-investor-interests-2024-04-18/
Why Tesla wants to give Elon Musk $55 billion pay package: Tesla says Elon Musk's pay package is a "matter of fundamental fairness and respect to our CEO."
businessinsider.com/why-tesla-wants-give-elon-musk-billion-pay-package-2024-4
Quick Glance: Why Tesla Wants Approval for Elon Musk's $55 Billion Compensation Package
- Tesla is seeking shareholder approval for Elon Musk's compensation package, which was previously rejected by a judge.
- The company asserts that implementing the plan is crucial for Tesla's future growth.
- Elon Musk will be rewarded with stock options that become available when Tesla achieves specific financial objectives.
Wall Street wants answers from Elon Musk on Tesla's Model 2 car: Elon Musk has kept investors hanging since he issued cryptic social posts following an exclusive ...
reuters.com/business/autos-transportation/wall-street-wants-answers-musk-teslas-affordable-car-2024-04-17/
With just three stocks, Bill Gates earns $1 million in dividends every day: Bill Gates earns over $1 million a day from dividends from Microsoft ...
boerse-online.de/nachrichten/aktien/mit-nur-drei-aktien-verdient-bill-gates-jeden-tag-1-million-dollar-dividende-20355569.html
Higher interest rates pose risk to renewable sector, hurting energy transition, say analysts
reuters.com/sustainability/climate-energy/higher-interest-rates-pose-risk-renewable-sector-hurting-energy-transition-say-2024-04-18/
'This is a criminal cover up': Ed Pierson, a former senior manager at Boeing, said the company continues to 'conceal the truth' about the safety of their ... Show more reut.rs/49HU4T2
Tesla asks shareholders to reapprove huge Musk compensation package: The proposals come amid a difficult stretch for Tesla, whose shares have fallen 37 percent ...
lemonde.fr/en/international/article/2024/04/18/tesla-asks-shareholders-to-reapprove-huge-musk-compensation-package_6668778_4.html
How did customer service get so bad?: The collapse of standards is costing companies a fortune and the rest of us our sanity
ft.com/content/0a5d30ed-164f-4b9f-a049-fc9692219f79
Whistleblower makes serious allegations against Boeing in hearing: In a hearing before the US Senate, a Boeing engineer pointed out significant safety ...
tagesschau.de/wirtschaft/unternehmen/boeing-anhoerung-102.html
Quick Glance: United Airlines cuts 2024 aircraft delivery plan
- United Airlines has reduced its aircraft delivery expectations for the year due to Boeing delays.
- The company plans to lease 35 Airbus A321neos in 2026 and 2027.
- United Airlines incurred a $200 million loss due to the temporary grounding of the Boeing 737 Max 9 in January.
- The company exceeded Wall Street's expectations for the first quarter.
TotalEnergies investors call for split of CEO and chair roles: A group of TotalEnergies investors is calling for the French oil and gas major to split the roles ...
reuters.com/business/energy/investors-ask-totalenergies-split-ceo-board-chair-roles-ahead-may-agm-2024-04-18/
Nigeria strikes deal with Shell to supply $3.8 bln methanol project: Nigeria has struck a deal for Shell to supply gas to its proposed $3.8 billion Brass ...
reuters.com/business/energy/nigeria-strikes-deal-with-shell-supply-38-bln-methanol-project-2024-04-18/
Tesla asks shareholders to restore Elon Musk’s $56bn pay deal: Tesla Chair Robyn Denholm says company believes in ‘big risks for the chance of big rewards’.
aljazeera.com/economy/2024/4/18/tesla-asks-shareholders-to-restore-elon-musks-56bn-pay-deal
Why this vote at a Tennessee Volkswagen plant is historic for the South: Volkswagen workers in Chattanooga, Tenn., are voting this week on whether to join the ...
npr.org/2024/04/17/1244279860/volkswagen-uaw-south-union-election-chattanooga-tennessee
Quick Glance: Historic Vote at Volkswagen Plant in Tennessee
- This week, 4,300 hourly workers at a Volkswagen plant in Chattanooga, Tennessee, are voting on whether to join the United Auto Workers union.
- The significance of this vote lies in the potential shift in union dynamics in the South, with the UAW launching a strong campaign to penetrate non-union auto factories in the region.
- The outcome of this vote could either significantly strengthen or hinder the union, with the UAW needing a majority of yes votes to win.
- Southern politicians warn of job losses if unionization occurs in the region, while Volkswagen emphasizes respecting employees' right to choose and its substantial investments in the plant.
Elon Musk says in email that Tesla sent 'incorrectly low' severance packages to some laid-off employees
cnbc.com/2024/04/17/tesla-says-in-email-it-sent-some-incorrectly-low-severance-packages.html
Martin Scorsese Eyes Frank Sinatra Biopic With DiCaprio, Jennifer Lawrence: Martin Scorsese is eyeing a Frank Sinatra biopic, Steven Spielberg is set to make a ...
variety.com/2024/film/news/martin-scorsese-frank-sinatra-biopic-dicaprio-jennifer-lawrence-1235973769/
Paid articlePaidQuick Glance: Scorsese Plans Sinatra Biopic with DiCaprio and Lawrence; Spielberg Plots UFO Film
- Martin Scorsese is planning a Sinatra biopic with Leonardo DiCaprio and Jennifer Lawrence. Tina Sinatra's approval is pending.
- 'A Life of Jesus' is scheduled to film in Italy, Egypt, and Israel this year. Steven Spielberg is working on a UFO film.
- Andrew Garfield and Miles Teller are being considered for 'A Life of Jesus'. Spielberg opts for a UFO film over Bullitt.
- David Koepp will pen the script for Spielberg's UFO film. The psychological components will be significant post 'Fabelmans'.
Ecopetrol and Petrobras should collaborate on green hydrogen, Colombian president says
reuters.com/sustainability/climate-energy/ecopetrol-petrobras-should-collaborate-green-hydrogen-colombian-president-says-2024-04-17/
Takeaways from the day a jury was selected to decide Donald Trump’s fate in the hush money trial
edition.cnn.com/2024/04/18/politics/takeaway-day-3-trump-hush-money-trial/index.html
Do you know Herbert Kickl? Of course you know him. But what do you really know about the FPÖ leader? The new season of our investigative podcast starts on ... Show more www.profil.at/ angebote.profil.at/
NPR Editor Who Wrote Critical Essay On Company Resigns After Being Suspended: A National Public Radio editor who wrote a critical essay saying that his company ...
huffpost.com/entry/media-npr-editor_n_6620fe1de4b07db21fd66578
Quick Glance: NPR Suspends Senior Editor Following Critical Substack Analysis
- Senior business editor Uri Berliner at NPR was suspended due to critical remarks about the broadcaster.
- Berliner faced a five-day suspension after releasing an analysis claiming NPR's coverage was influenced by liberal bias.
- NPR accused Berliner of breaching company policies by publishing his work outside the organization without approval.
- Following the essay's release, NPR employees lost confidence in Berliner, and the network's new CEO came under scrutiny from conservative activists.
Hackers Linked to Russia’s Military Claim Credit for Sabotaging US Water Utilities
wired.com/story/cyber-army-of-russia-reborn-sandworm-us-cyberattacks/
Dieter Hallervorden publishes video with poem about Gaza: Dieter Hallervorden expresses criticism of the conditions in Gaza in lyrical form ...
stern.de/lifestyle/leute/dieter-hallervorden-veroeffentlicht-video-mit-gedicht-ueber-gaza-34634520.html
The World Economic Forum's Special Meeting on Global Collaboration, Growth and Energy for Development will take place 28-29 April 2024 ... Show more #SpecialMeeting24 www.weforum.org/events/special-meeting-on-global-collaboration-growth-and-energy-for-development-2024/
US auto sector 'whipsawed' by politicians, Ford chairman says: The U.S. auto industry needs regulatory certainty from politicians in Washington and the back and ...
reuters.com/business/autos-transportation/us-auto-sector-whipsawed-by-politicians-ford-chairman-says-2024-04-17/
Members of a US Senate committee said in a hearing that Boeing needs to do more to improve its safety culture after panel members released a February report ...
reut.rs/3Q7obN3
Adidas on front foot after exiting Kanye West deal: The Samba, Gazelle and Campus shoe maker expects to make €700m (£598m) operating profits in 2024.
bbc.com/news/business-68832173
Unilever Recalls Magnum Almond Ice-Cream Sticks in UK & Ireland: Unilever Plc is recalling a limited number of its Magnum almond ice-cream sticks in the UK and ...
bloomberg.com/news/articles/2024-04-17/unilever-recalls-magnum-almond-ice-cream-sticks-in-uk-ireland
India 'considering deal' with Nvidia to get GPUs for national AI mission: Powerful chips will be provided to local startups, researchers, academic institutions ...
business-standard.com/companies/news/india-considering-deal-with-nvidia-to-get-gpus-for-national-ai-mission-124041700194_1.html
UK Inflation Stronger Than Expected on Higher Fuel Prices: Get briefed ahead of your morning calls with the latest UK business headlines, key data and market ...
bloomberg.com/news/newsletters/2024-04-17/uk-inflation-stronger-than-expected-on-higher-fuel-prices-lv3ha2jn
Elon Musk is feuding with Brazil’s powerful Supreme Court: The court has become the de facto regulator of social media in the country
economist.com/the-americas/2024/04/14/elon-musk-is-feuding-with-brazils-powerful-supreme-court
Paid articlePaidQuick Glance: Elon Musk's Clash with Brazil's Supreme Court
- Serial entrepreneur Elon Musk has been publicly criticizing Alexandre de Moraes, one of Brazil's Supreme Court judges, for the past week.
- The dispute revolves around X, a social media company owned by Mr. Musk, which announced on April 6th that a Brazilian court had ordered it to block a set of 'popular' accounts or face hefty fines.
- Mr. Moraes then initiated an inquiry against Mr. Musk for obstruction of justice, leading Mr. Musk to claim that censorship in Brazil is worse than in any other country where the platform operates.
- The row highlights the power of Brazil's Supreme Court and the debate on regulating social media without harming freedom of speech, which is a crucial battleground in Brazil.
Brazil seeks to weaken fiscal targets it set only a year ago: Leftist administration of Luiz Inácio Lula da Silva wants greater flexibility on budget surplus ...
ft.com/content/14e6a4d4-8be7-46cf-bb51-8445b0e85dc1
Quick Glance: Brazil Moves to Relax Fiscal Targets Set a Year Ago
- The leftist administration of Luiz Inácio Lula da Silva wants more flexibility on budget surplus goals
- Brazilian President Luiz Inácio Lula da Silva’s government is seeking to loosen its own budget targets as investor concerns rise about the risk of fiscal slippage in Latin America’s largest economy
- Ministers intend to balance the budget next year, replacing the previous goal for income to exceed outgoings by 0.5 per cent of gross domestic product
- Analysts warn that the current deficit targets are unrealistic and likely to be tweaked, prompting investors to express concerns about Brazil’s economic approach under Lula
US Republican Kari Lake tells supporters: 'Strap on a Glock' as election nears: Republican U.S. Senate candidate Kari Lake, an ardent supporter of former ...
reut.rs/43YgqyF
U.S. Awards Samsung $6.4 Billion to Bolster Semiconductor Production: The federal grants will support Samsung’s new chip manufacturing hub in Taylor, Texas ...
nytimes.com/2024/04/15/us/politics/samsung-biden-administration-award-taylor-texas.html
Voting machine company Smartmatic and OANN settle defamation suit : Voting machine company Smartmatic has settled its defamation suit against One America News ...
nbcnews.com/politics/elections/voting-machine-company-smartmatic-oann-settle-defamation-suit-rcna148148
Quick Glance: OAN and Smartmatic Reach Settlement in Defamation Lawsuit
- Voting technology company Smartmatic and the far-right network One America News announced on Tuesday that they have agreed to a confidential settlement of a defamation lawsuit stemming from the outlet's lies about the 2020 presidential elections.
- The settlement followed a lawsuit filed by Smartmatic against OAN in 2021, alleging that the right-wing conspiracy network 'victimized' the company and spread lies about its role in the 2020 elections to boost viewership and revenue.
- OAN previously settled a defamation suit in September with former Dominion executive Eric Coomer, revealing collaboration with individuals to propagate falsehoods about the elections.
- While the Smartmatic case has concluded, OAN still faces another defamation lawsuit from Dominion regarding the dissemination of falsehoods about the 2020 elections.
Adobe might partner with OpenAI to offer AI video generation: The company told Reuters it would offer third party tools from OpenAI and other AI startups on ...
qz.com/adobe-openai-ai-video-generation-tools-1851413377
Paid articlePaid
Live Nation Stock Is Tumbling. An Antitrust Lawsuit May Be on the Way.: The Justice Department is preparing to sue Live Nation, the parent of Ticketmaster ...
on.barrons.com/3W5PqeJ
Tesla ditches EV inventory discounts to ‘streamline’ sales and delivery: Tesla has ended discounts on inventory across its electric vehicle lineup — even as ...
techcrunch.com/2024/04/16/tesla-ditches-ev-inventory-discounts-to-streamline-sales-and-delivery/
Transgender influencer Dylan Mulvaney to speak at St. Louis University: Previous speakers hosted by the committee include actress and activist Jameela Jamil ...
stltoday.com/news/local/education/transgender-influencer-dylan-mulvaney-to-speak-at-st-louis-university/article_124fedda-fc02-11ee-89a4-87bab9442f3a.html
Tesla will lay off more than 10% of global workforce: Read the Elon Musk memo: Tesla will lay off more than 10% of its global workforce, according to a memo sent ...
cnbc.com/2024/04/15/tesla-shares-dip-in-premarket-trade-on-global-layoff-reports.html
Quick Glance: Tesla to Cut 14,000 Jobs, Elon Musk Aims for Lean Brand
- Tesla is laying off more than 10% of its global workforce, equivalent to at least 14,000 roles, in response to slowing demand and price pressure.
- Elon Musk announced the 'difficult decision' in a memo, mentioning that Tesla had experienced role and function duplications in certain areas due to rapid growth in recent years.
- The job cuts follow a difficult start to the year for the electric carmaker, citing production problems caused by unforeseen factors and a decline in global demand.
- Tesla recorded a gross profit margin of 17.6% in the fourth quarter, the lowest in over four years, attributed to repeated price cuts and increased competition in China.
Cisco warns of large-scale brute-force attacks against VPN services: Cisco warns about a large-scale credential brute-forcing campaign targeting VPN and SSH ...
bleepingcomputer.com/news/security/cisco-warns-of-large-scale-brute-force-attacks-against-vpn-services/
UK Jobs and Pay Data Poses a Dilemma for the Bank of England: Sticky wages and falling vacancies don’t make the Bank of England’s life any easier.
bloomberg.com/news/newsletters/2024-04-16/uk-jobs-and-pay-data-poses-a-dilemma-for-the-bank-of-england
India defers approval of Paytm's investment in its payments arm, sources say: India has deferred approval of Paytm’s 500 million rupee ($6 million) investment in ...
reuters.com/world/india/india-defers-approval-paytms-investment-its-payments-arm-sources-say-2024-04-16/
Native American group seeks to overturn US court ruling on Rio's Arizona copper mine
reut.rs/4azeaA5
Donald Trump’s Truth Social Unveils Streaming Platform, Stock Tanks Anyway: Look out, Netflix. The company plans to focus on content that is otherwise being ...
thedailybeast.com/donald-trumps-truth-social-unveils-streaming-platform-stock-tanks-anyway
Paid articlePaidQuick Glance: Trump Launches Streaming Platform, Stock Plummets
- The parent company of Truth Social revealed a new plan for a streaming service featuring religious, family-friendly, and suppressed content.
- Following the announcement, Trump Media & Technology Group's stock dropped over 12 percent, now down 65 percent since late March.
- The company plans to roll out the streaming platform in three phases, emphasizing the importance of providing a platform for discriminated content.
- Despite significant losses last year, expanding offerings will be crucial for long-term survival.
Tesla will lay off more than 10% of global workforce: Read the Elon Musk memo: Tesla will lay off more than 10% of its global workforce, according to a memo sent ...
cnbc.com/2024/04/15/tesla-shares-dip-in-premarket-trade-on-global-layoff-reports.html
Quick Glance: Tesla to Cut 14,000 Jobs, Elon Musk Aims for Lean Brand
- Tesla is laying off more than 10% of its global workforce, equivalent to at least 14,000 roles, in response to slowing demand and price pressure.
- Elon Musk announced the 'difficult decision' in a memo, mentioning that Tesla had experienced role and function duplications in certain areas due to rapid growth in recent years.
- The job cuts follow a difficult start to the year for the electric carmaker, citing production problems caused by unforeseen factors and a decline in global demand.
- Tesla recorded a gross profit margin of 17.6% in the fourth quarter, the lowest in over four years, attributed to repeated price cuts and increased competition in China.
Elon Musk proposes small fee for new X users to combat fake accounts: Elon Musk, chief executive officer of social media platform X, on April 15 proposed a small ...
thestar.com.my/tech/tech-news/2024/04/16/elon-musk-proposes-small-fee-for-new-x-users-to-combat-fake-accounts
Quick Glance: Musk Plans Fee for New X Users
- Elon Musk intends to charge new users of X in the initial months to curb the activity of automated bot accounts.
- The fee is set to be waived after three months to allow free posting.
- Tests in New Zealand and the Philippines raised skepticism about the effectiveness of the fee as a countermeasure against bots.
- Declining revenues at X post-rebranding and Twitter acquisition, along with a negative brand perception by companies, are impacting the service's business.
Justice Dept. to hit concert promoter Live Nation with antitrust lawsuit : Critics — including performers, politicians and competitors — have argued that Live ...
washingtonpost.com/business/2024/04/16/live-nation-antitrust-justice/
Video game series "Fallout" on Amazon: Unfortunately more morality: Violence and predictable characters: The "Fallout" series is about a dark world after nuclear ...
taz.de/!6001648/
The Dow drops 250 points as Tesla and Trump Media struggles overwhelm bank earnings and retail sales
qz.com/dow-jones-tesla-trump-media-goldman-sachs-reddit-1851411400
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