Posted inEconomy
Tesla agrees to first deal to build China’s largest grid-scale battery power plant
Tesla has inked its first deal to build a grid-scale battery power plant in China…
Posted inEconomy
Streaming overtakes cable and broadcast as the most-watched form of TV
A new king reigns in TV land. Streaming has officially surpassed broadcast and cable as…
Posted inEconomy
Amazon expects to cut corporate jobs as it relies more on AI
Amazon CEO Andy Jassy said Tuesday that the company expects artificial intelligence ‘will reduce our…
Posted inEconomy
DOJ seizes record $225 million in crypto tied to global ‘pig butchering’ scams
The Justice Department announced Wednesday the largest-ever U.S. seizure of cryptocurrency linked to so-called “pig…
Posted inEconomy
Tesla stock sinks as Musk and Trump ridicule each other
One day after seeing their largest-ever one-day drop, Tesla shares recovered some losses Friday as…
Posted inEconomy
Trump implies government could cut contracts and subsidies to Musk’s companies
President Donald Trump has escalated his sudden rupture with Elon Musk by implying the government…
Posted inEconomy
Shein and Temu see U.S. demand plunge as loophole for cheap goods closes
Use of low-cost e-commerce giants Temu and Shein has slowed significantly in the key U.S.…
Posted inEconomy
Uber delivery chief Gore-Coty is leaving after almost 13 years at ride-hailing company
Uber said Monday that Pierre-Dimitri Gore-Coty, one of the company’s longest-tenured top executives and the…
Posted inEconomy
Elon Musk’s Neuralink raises $650 million in fresh capital
Elon Musk’s brain tech startup Neuralink has closed a $650 million funding round, the company…
Posted inEconomy
Tesla’s robotaxi launch in tech-friendly Austin has Musk playing catch-up in his hometown
Tesla’s long-awaited entry into the robotaxi market — expected later this month — is coming…