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xAI, Elon Musk’s OpenAI rival, is closing on $6B in funding and X, his social network, is already one of its shareholders
techcrunch.com/2024/04/25/xai-elon-musks-openai-rival-is-closing-on-6b-in-funding-and-x-his-social-network-is-already-one-of-its-shareholders/
xAI, Elon Musk’s OpenAI rival, is closing on $6B in funding and X ...
Quick Glance: Sequoia backs Elon Musk’s xAI venture
  • Sequoia Capital, a well-known venture capital firm in Silicon Valley, has committed to supporting Elon Musk's artificial intelligence start-up xAI to help him raise billions and compete with OpenAI, Meta, and Google.

  • The exact amount of Sequoia's investment in xAI remains undisclosed.

  • Sequoia, an early investor in Google, YouTube, and Apple, has backed several Musk projects in recent years, including The Boring Company and SpaceX.
Profile picture of The Hill (newspaper)
Forecasting pioneer: ‘A lot would have to go wrong for Biden to lose’: A notable forecaster of presidential elections said in a recent interview that “a lot ...
thehill.com/homenews/campaign/4624541-forecasting-pioneer-lictman-biden-trump-2024/
Forecasting pioneer: ‘A lot would have to go wrong for Biden to lose’
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Elon Musk is once again richer than Mark Zuckerberg: Facebook parent Meta's hundred-billion-dollar market cap loss has cost Zuckerberg, while Musk's Tesla stock ...
qz.com/elon-musk-richer-than-mark-zuckerbrg-tesla-meta-earning-1851438236
Elon Musk is once again richer than Mark Zuckerberg
Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
  • Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.

  • Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.

  • Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.

  • Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
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Elon Musk Reveals His Tactics for Building Successful Companies, Including Sleeping Under His Desk and 'Working Every Waking Hour'
entrepreneur.com/business-news/elon-musk-defines-ultra-hard-work-while-building-a-company/473323
Elon Musk Reveals His Tactics for Building Successful Companies ...
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Tesla slashes car and self-driving software prices after chaotic week: Three models are $2,000 cheaper in the US, while the self-driving software now costs $8 ...
businessinsider.com/tesla-slashes-prices-suv-cars-self-driving-software-before-earnings-2024-4
Tesla slashes car and self-driving software prices after chaotic week
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Biden administration pushes back plan to ban menthol cigarettes: The Biden administration has reportedly abandoned its plans to ban menthol cigarettes after ...
thehill.com/homenews/administration/4624481-biden-dropping-plan-ban-menthol-cigarettes-report/
Biden administration pushes back plan to ban menthol cigarettes
Quick Glance: Biden administration faces delays in menthol cigarettes ban
  • The planned implementation of a ban on menthol cigarettes in the US is expected to take 'significantly more time,' according to US Health and Human Services Secretary Xavier Becerra in a statement on Friday.

  • In April 2022, the US Food and Drug Administration (FDA) initially announced the ban on the popular mint flavor, setting a deadline for August 2023. Final rules were sent to the White House Office of Management and Budget for review in October, with the status listed as 'pending.'

  • According to the proposed FDA regulations, the manufacturing and sale of menthols would be prohibited, without direct regulation of smokers themselves.

  • A prohibition on menthol cigarettes could potentially save up to 650,000 lives over the next 40 years, with a third of these lives being saved within the black community, as stated by the Campaign for Tobacco-Free Kids.
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ByteDance says it won’t sell TikTok business in US: TikTok’s Chinese parent company ByteDance said it will not sell the popular video sharing app to continue its ...
trib.al/rPv9P4n
ByteDance says it won’t sell TikTok business in US
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
  • ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.

  • Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.

  • ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.

  • As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
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Mars colony: Elon Musk talks about Mars plans and Starship 2 and 3 - Golem.de: More spaceships and launch options are needed to colonize Mars. Elon Musk even ...
golem.de/news/marskolonie-elon-musk-spricht-ueber-marsplaene-sowie-starship-2-und-3-2404-184583.html
Mars colony: Elon Musk talks about Mars plans and Starship 2 and 3 - Golem ...
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Tesla axed its entire marketing team—here’s why that matters: It a reminder of just how little Tesla has invested in its own brand beyond Elon Musk.
fastcompany.com/91113609/tesla-axed-its-entire-marketing-team-heres-why-that-matters
Tesla axed its entire marketing team—here’s why that matters
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Asana CEO accuses Tesla of being the next 'Enron': Asana founder Dustin Moskovitz called Tesla the next "Enron" and speculated that people "are going to jail at ...
businessinsider.com/asana-ceo-dustin-moskovitz-tesla-accusations-enron-sec-2024-4
Asana CEO accuses Tesla of being the next 'Enron'
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Ford tapped the brakes on EVs and bet on hybrids. It's paying off.: Ford announced in its earnings on Wednesday that hybrid sales rose 36% in the first quarter ...
businessinsider.com/ford-pulled-back-on-evs-focused-on-hybrids-paid-off-2024-4
Ford tapped the brakes on EVs and bet on hybrids. It's paying off.
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Musk puts seat belts in cybertrucks. Now he must put them in cyberspace: What Elon Musk is doing is rogue even in an industry of rogues. He needs to be strapped ...
smh.com.au/politics/federal/musk-puts-seat-belts-in-cybertrucks-now-he-must-put-them-in-cyberspace-20240426-p5fms0.html
Musk puts seat belts in cybertrucks. Now he must put them in cyberspace
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Tesla’s Most Crucial Metric Drops to the Lowest in Three Years: The metric Tesla Inc. told investors early last year was most important to its executives is in ...
bloomberg.com/news/articles/2024-04-26/tesla-s-most-crucial-metric-drops-to-the-lowest-in-three-years
Tesla’s Most Crucial Metric Drops to the Lowest in Three Years
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Utah congressional candidate says Jan. 6 protesters are ‘politically persecuted’ — and he’s a Democrat
sltrib.com/news/politics/2024/04/26/utah-congressional-candidate-says/
Utah congressional candidate says Jan. 6 protesters are ‘politically ...
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Exclusive: Biden opens first field office in Florida: The campaign now has a footprint in a county that went Democrat in the past two presidential elections.
axios.com/local/tampa-bay/2024/04/25/biden-campaign-field-office-florida
Exclusive: Biden opens first field office in Florida
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Leaked USAID Document Concludes Israel Impeded Gaza Aid: "Biden is breaking the law and defying his own agencies to fund Israeli war crimes ...
commondreams.org/news/usaid-israel-weapons
Leaked USAID Document Concludes Israel Impeded Gaza Aid
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CNN Poll: Few think Trump is being treated the same as other defendants: As the first criminal prosecution of a former American president began just 13% ...
cnn.com/2024/04/25/politics/cnn-poll-trump-trial/
CNN Poll: Few think Trump is being treated the same as other defendants
Profile picture of Quartz
Tesla stock bounces back after a dreadful few months marked by layoffs and tanking sales
qz.com/tesla-stock-ev-elon-musk-wealth-bounces-back-1851438895
Tesla stock bounces back after a dreadful few months marked by layoffs and ...
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Biden vs. GOP: Tax fight heats up ahead of election: Rhetoric is heating up on competing visions for taxes from Democrats and Republicans ahead of the 2024 ...
thehill.com/business/4621855-biden-gop-tax-fight-heats-up-ahead-of-elections/
Biden vs. GOP: Tax fight heats up ahead of election
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Could Australia ban X (formerly Twitter) or is it untouchable? The worst-case scenario for Elon Musk
abc.net.au/news/2024-04-25/elon-musk-x-versus-australia-on-sydney-church-stabbing-video/103761694
Could Australia ban X (formerly Twitter) or is it untouchable? The ...
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Tesla Is Not the Next Ford. It’s the Next Con Ed.: Elon Musk’s EV empire is crumbling.
theatlantic.com/technology/archive/2024/04/tesla-cars-batteries-power-company/678168/
Tesla Is Not the Next Ford. It’s the Next Con Ed.
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Biden and the Dems Are Slowing Big Oil’s LNG Gravy Train: Citizens like me are grateful that some of our elected leaders are finally standing up to Big Oil.
commondreams.org/opinion/biden-dems-lng
Biden and the Dems Are Slowing Big Oil’s LNG Gravy Train
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CEOs ask for patience on their big bets on AI: Right now, CEOs are betting big on AI, pouring vast amount of resources and money into the technology ...
businessinsider.com/when-will-companies-monetize-ai-ceos-ask-for-patience-2024-4
CEOs ask for patience on their big bets on AI
Quick Glance: AI Revolutionizing Call Centers: TCS Insights
  • The head of Tata Consultancy Services predicts chatbots will reduce the need for human call center agents significantly, revolutionizing the industry.

  • TCS's generative AI projects have doubled in value to $900 million by March, highlighting the increasing demand for tech talent and the need for workforce training.

  • Reports suggest that overall IT services growth is affected by global uncertainties like inflation, war, and elections, leading to a decline in spending and slower revenue growth for companies like TCS and Infosys.

  • Infosys anticipates a modest 1-3% sales growth in the upcoming financial year due to customers delaying discretionary spending on new tech projects amidst the current economic climate.
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TikTok Vows to Challenge Law Forcing It to “Ban or Divest”: TikTok said it will challenge legislation signed by President Biden yesterday which forces TikTok’s ...
democracynow.org/2024/4/25/headlines/tiktok_vows_to_challenge_law_forcing_it_to_ban_or_divest
TikTok Vows to Challenge Law Forcing It to “Ban or Divest”
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Elon Musk Says Tesla’s Humanoid Optimus Robot Could Launch Next Year—Here's What Experts Think
go.forbes.com/c/73PB
Elon Musk Says Tesla’s Humanoid Optimus Robot Could Launch Next ...
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Elon Musk Is a Once-in-a-Lifetime Leader. But Is He Really Worth 250 CEOs?: Tesla's record-breaking CEO pay was voided in court. The board just asked ...
inc.com/minda-zetlin/elon-musk-is-a-once-in-a-lifetime-leader-but-is-he-really-worth-250-ceos.html
Elon Musk Is a Once-in-a-Lifetime Leader. But Is He Really Worth 250 CEOs?
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Gordon Gekko Actor Michael Douglas Helps Raise Cash for Biden: President Joe Biden is courting actors and business leaders in Westchester County, New York ...
bloomberg.com/news/articles/2024-04-25/gordon-gekko-actor-michael-douglas-helps-raise-cash-for-biden
Gordon Gekko Actor Michael Douglas Helps Raise Cash for Biden
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Jefferies' CEO sold millions in stock to buy himself a yacht: Rich Handler said the purchase was gift for himself and his family
qz.com/jefferies-ceo-rich-handler-stock-sale-yacht-purchase-1851435140
Jefferies' CEO sold millions in stock to buy himself a yacht
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Tesla vs. Meta earnings prove the power of Musk's word despite failed promises: Elon Musk managed to turn around Tesla's stock slide with a couple promises.
businessinsider.com/tesla-meta-earnings-prove-power-of-musk-word-despite-promises-2024-4
Tesla vs. Meta earnings prove the power of Musk's word despite failed ...
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Threads reportedly has more daily active users than Twitter: Mark Zuckerberg's plan to overtake Elon Musk's X with Threads is slowly bearing fruit ...
t3n.de/news/threads-hat-angeblich-mehr-taeglich-aktive-nutzer-als-twitter-1621284/
Threads reportedly has more daily active users than Twitter
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Finley: Trump's right. Prosecution isn't fair. It's politics: The Democratic strategy to engage Donald Trump in the courtroom rather than on the campaign trail ...
detroitnews.com/story/opinion/columnists/nolan-finley/2024/04/24/finley-trumps-right-prosecution-isnt-fair-its-politics/73424071007/
Finley: Trump's right. Prosecution isn't fair. It's politics
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Tesla's Plan for Lower-Priced Models Takes a Page From Detroit's Past Strategies: Automaking may be harder to disrupt on a wholesale basis, as Elon Musk shifts ...
inc.com/reuters/teslas-plan-for-lower-priced-models-takes-a-page-from-detroits-past-strategies.html
Tesla's Plan for Lower-Priced Models Takes a Page From Detroit's Past ...
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Social media companies can’t be immune from the need for a social licence: The fight between Elon Musk and the government is in court, but in the court of public ...
abc.net.au/news/2024-04-26/michelle-grattan-australian-government-elon-musk/103769978
Social media companies can’t be immune from the need for a social licence
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White House doesn’t want to touch House speaker drama: Even though Johnson helped move his foreign policy aid package, the president isn’t going to intervene on ...
politico.com/news/2024/04/25/biden-mike-johnson-future-00154254
White House doesn’t want to touch House speaker drama
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Ballooning immigrant detention enrages advocates: Human rights advocates see the Biden administration’s expansion of detention-reliant immigration enforcement as ...
thehill.com/latino/4621399-immigrant-detention-advocates-border-biden/
Ballooning immigrant detention enrages advocates
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Elon Musk to Be Deposed in Twitter Arbitration Case on Layoffs: Elon Musk is set to be deposed on Monday as the first arbitration hearings get underway involving ...
bloomberg.com/news/articles/2024-04-25/musk-to-be-deposed-monday-in-twitter-arbitration-case-on-layoffs
Elon Musk to Be Deposed in Twitter Arbitration Case on Layoffs
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McConnell hits Biden for ‘sending a green light to Putin’ with Afghanistan withdrawal
trib.al/m4ZcJco
McConnell hits Biden for ‘sending a green light to Putin’ with Afghanistan ...
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Exclusive poll: America warms to mass deportations: Nearly two-thirds of Americans said illegal immigration is a real crisis, not a politically driven media ...
axios.com/2024/04/25/trump-biden-americans-illegal-immigration-poll
Exclusive poll: America warms to mass deportations
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From domestic violence to terrorism and war, social media is a thread that connects all the issues that now challenge us
abc.net.au/news/2024-04-27/social-media-connects-domestic-violence-war-terrorism/103772856
From domestic violence to terrorism and war, social media is a thread that ...
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Trump gets handed a lot more Truth Social stock: Trump may earn more from being kicked off Twitter than Elon Musk will ever earn from buying it.
axios.com/2024/04/25/trump-truth-social-stock
Trump gets handed a lot more Truth Social stock
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Cities that could benefit from the Ukraine aid: The recently approved US aid to Ukraine could help create American jobs. Here are some of the cities that could ...
businessinsider.com/ukraine-aid-bill-help-american-jobs-military-defense-business-economy-2024-4
Cities that could benefit from the Ukraine aid
Quick Glance: Biden signs Comprehensive Military Aid Package for Ukraine, Israel, and Taiwan
  • President Biden announces the signing of a substantial $95 billion military assistance package for Ukraine, Israel, and Taiwan, with a significant portion of the funds directed towards Ukraine.

  • Despite initial resistance from Republicans in Congress, Biden has signed the aid package, highlighting the reinforcement of allies and ensuring prompt deliveries to Ukraine.

  • The assistance for Ukraine includes weapons and military equipment valued at around $1 billion, encompassing artillery shells and air defense missiles.

  • Military analysts do not foresee significant changes on the frontlines in eastern Ukraine, while the US support aims to aid Ukraine in operations in southern Ukraine, particularly focusing on Crimea and the Black Sea.
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Poll: Trump remains vulnerable on abortion with independents, some Republicans: Half of voters in a new POLITICO-Morning Consult poll support states making their ...
politico.com/news/2024/04/25/trump-abortion-polling-00154213
Poll: Trump remains vulnerable on abortion with independents ...
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Biden replaces coordinator for Gaza aid with head of US Institute of Peace: The Biden administration is appointing the head of the U.S. Institute of Peace (USIP) ...
thehill.com/policy/4620628-biden-replaces-coordinator-for-gaza-aid-with-head-of-us-institute-of-peace/
Biden replaces coordinator for Gaza aid with head of US Institute of Peace
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Arizona indicts 18, including Rudy Giuliani, for 'fake elector' scheme to overturn 2020 election for Donald Trump
abc.net.au/news/2024-04-25/arizona-indicts-republicans-donald-trump-election-fraud/103767788
Arizona indicts 18, including Rudy Giuliani, for 'fake elector' scheme to ...
Quick Glance: 11 Republican 'Fake Electors' Charged in Arizona
  • Eleven Republicans were charged in Arizona for falsely claiming that Donald Trump won the 2020 presidential election in Arizona against Joe Biden.

  • They met in Phoenix to sign a certificate declaring Trump had won the state. The document was sent to Congress and the National Archives but ignored.

  • The Arizona charges follow indictments against fake electors in Nevada, Michigan, and Georgia.

  • The charges allege conspiracy, fraud, and forgery as they falsely declared Trump as the winner in Arizona despite Biden's victory by over 10,000 votes.
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Tesla (TSLA): Can Musk’s Robotaxi Dream Help EV Maker Fix Its Troubles?: Tesla Inc. became one of the most valuable companies in the world by proving it was ...
bloomberg.com/news/articles/2024-04-24/tesla-tsla-can-musk-s-robotaxi-dream-help-ev-maker-fix-its-troubles
Tesla (TSLA): Can Musk’s Robotaxi Dream Help EV Maker Fix Its Troubles?
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Mark Zuckerberg faces $25B wealth drop as Big Tech set for $350B rout: Meta shares tumbled ahead of Thursday's opening bell, paving the way for a big chunk of ...
businessinsider.com/mark-zuckerberg-meta-stock-price-wealth-big-tech-billionaires-ai-2024-4
Mark Zuckerberg faces $25B wealth drop as Big Tech set for $350B rout
Quick Glance: Meta Invests Heavily in Artificial Intelligence
  • Meta focuses on AI to enhance app appeal

  • The smart glasses with AI capabilities aim to attract users

  • Meta envisions AI assistants for complex tasks in communication

  • Meta aims to become a global leader in AI, despite significant investments
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South Korean woman loses over ₹41 lakh to Elon Musk deepfake video: ‘Added me on Instagram, said I love you’ | Mint
livemint.com/news/world/south-korea-deepfake-scam-video-elon-musk-tesla-x-artificial-intelligence-bank-account-details-instagram-11714098873197.html
South Korean woman loses over ₹41 lakh to Elon Musk deepfake video: ...
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Elon Musk defies takedown order from federal court: The billionaire's social media platform X insists no government has the right to impose a global ban on ...
9news.com.au/national/elon-musk-billionaire-escalates-dispute-with-australian-government/88a369c5-8d2c-409f-a14c-c9f06006e964
Elon Musk defies takedown order from federal court
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Tesla Optimus Bot: Musk is optimistic about the start of sales: Tesla boss Elon Musk is optimistic about the Optimus Bot robot. It will soon be used in Tesla ...
heise.de/news/Tesla-Optimus-Bot-Musk-aeussert-sich-optimistisch-zu-Verkaufsbeginn-9697340.html
Tesla Optimus Bot: Musk is optimistic about the start of sales
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Poll: Biden economy is a big concern for independent Mass. voters: Independents are less likely to share Democrats’ rosy take on the state’s economy ...
bostonglobe.com/2024/04/25/business/massachusetts-voter-poll-independents-biden-economy/
Poll: Biden economy is a big concern for independent Mass. voters
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Former Tesla SVP Drew Baglino is selling $181.5 million worth of stock, SEC filing says
cnbc.com/2024/04/25/former-tesla-svp-drew-baglino-is-selling-181point5-million-worth-of-stock.html
Former Tesla SVP Drew Baglino is selling $181.5 million worth of stock ...
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How Latino Voters Will Decide the 2024 Election: Latino voters are "geographically concentrated" in key states, meaning they will play a "decisive role" in the ...
newsweek.com/how-latino-voters-will-decide-2024-election-1893129
How Latino Voters Will Decide the 2024 Election
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Plunging Home Prices, Fleeing Companies: Austin’s Glow Is Fading: Oracle Corp. is moving its headquarters out of the city. Tesla Inc. is pulling back after a ...
bloomberg.com/news/articles/2024-04-25/larry-ellison-s-austin-snub-adds-to-city-s-housing-office-woes
Plunging Home Prices, Fleeing Companies: Austin’s Glow Is Fading
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Foreign Aid Package Comes With New Sanctions Risks for Companies: Prosecutors will now have up to 10 years to investigate sanctions violations ...
on.wsj.com/4baX2AN
Foreign Aid Package Comes With New Sanctions Risks for Companies
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How Australia Struggled to Get Elon Musk’s X to Remove Video of a Terrorist Attack
on.wsj.com/4aOn8cR
How Australia Struggled to Get Elon Musk’s X to Remove Video of a ...
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Anti-democratic warning signs are blinking in current polling: The Pew Research Center found indifference among Republicans about Donald Trump’s actions in 2020 ...
washingtonpost.com/politics/2024/04/25/trump-republicans-election-polling/
Anti-democratic warning signs are blinking in current polling
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JPMorgan Chase CEO Jamie Dimon says Bidenomics is only ‘partially’ working as many Americans aren’t feeling ‘lifted up by this economy’
fortune.com/2024/04/25/jamie-dimon-on-bidenomics-jpmorgan-chase-economy-inflation-infrastructure/
JPMorgan Chase CEO Jamie Dimon says Bidenomics is only ‘partially’ working ...
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The Biden Administration’s Plan to Make American Homes More Efficient: Bill McKibben on a ruling by HUD that will require home builders to follow stricter energy ...
newyorker.com/news/daily-comment/the-biden-administrations-plan-to-make-american-homes-more-efficient
The Biden Administration’s Plan to Make American Homes More Efficient
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Tesla's Earnings Highlight the Company's Biggest Problem. It's a Cautionary Tale for Every Leader
inc.com/jason-aten/teslas-earnings-highlight-companys-biggest-problem-its-a-cautionary-tale-for-every-leader.html
Tesla's Earnings Highlight the Company's Biggest Problem. It's a ...
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Sydney bishop stabbed during service backs X’s legal case to share video of attack
scmp.com/news/asia/australasia/article/3260373/sydney-bishop-stabbed-during-service-backs-xs-legal-case-share-video-attack
Sydney bishop stabbed during service backs X’s legal case to share video ...
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Zelenskyy gave three arguments for Republicans not voting for aid to Ukraine - Euromaidan Press
euromaidanpress.com/2024/04/25/zelenskyy-to-republicans-not-voting-for-aid-it-is-beneficial-for-the-us/
Zelenskyy gave three arguments for Republicans not voting for aid to ...
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There Is No TikTok in China, Only Douyin. Here’s What It Is.: ByteDance owns both TikTok and Douyin, and although TikTok has more users around the world ...
nytimes.com/2024/04/25/business/china-tiktok-douyin.html
There Is No TikTok in China, Only Douyin. Here’s What It Is.
Quick Glance: Chinese TikTok App Sale Required for National Security Measures
  • A newly enacted law mandates the sale of the Chinese-owned TikTok app to address national security concerns.

  • According to experts, China has intensified its online information operations in recent years to advance its broader objectives.

  • China has actively sought to leverage TikTok to influence politics in Taiwan, yet these endeavors ultimately proved unsuccessful.

  • While TikTok was utilized in these publicly identified Chinese operations, researchers have not observed a specific emphasis on the app compared to other popular platforms.