Elon Musk PAC investigated by Michigan secretary of state

Elon Musk PAC investigated by Michigan secretary of state

Elon Musk, CEO of SpaceX and Tesla, applauds as Israeli Prime Minister Benjamin Netanyahu addresses a joint meeting of Congress at the U.S. Capitol in Washington, U.S., July 24, 2024.  Craig Hudson | Reuters A political action committee backed by billionaire Elon Musk is being investigated by the Michigan secretary of state’s office amid efforts … Read more

Elon Musk PAC data backs Trump over Harris in election

Elon Musk PAC data backs Trump over Harris in election

Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X speaks during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024.  David Swanson | Reuters If a voter in Michigan performs a search on Google, a somewhat shocking ad might pop up. … Read more

Li Auto’s July deliveries hit record as China’s EV buyers prefer hybrids

Li Auto’s July deliveries hit record as China’s EV buyers prefer hybrids

A newly released Li Auto L6 new energy vehicle is displayed at a store in Shanghai, China, on April 19, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese new energy vehicle company Li Auto announced Thursday it delivered a record number of cars in July, boosted by sales of its new, lower-cost Li … Read more

How Russian hackers stole millions from U.S. investors

How Russian hackers stole millions from U.S. investors

WASHINGTON — The White House announced a massive, multinational prisoner swap Thursday between the United States, Russia and other nations. As part of the historic deal, the Russian government released high-profile Americans held in captivity there, including Wall Street Journal reporter Evan Gershkovich, who had been in a Russian prison for more than a year.  … Read more

More than 100 techies sign VCs for Kamala pledge, backing VP Harris

More than 100 techies sign VCs for Kamala pledge, backing VP Harris

U.S. Vice President Kamala Harris speaks at a campaign rally at the Georgia State Convocation Center in Atlanta on July 30, 2024. Elijah Nouvelage | AFP | Getty Images After Donald Trump, the Republican nominee for president, gained the vocal support of a slice of the tech investing world, a large group of venture capitalists … Read more

Uber to start using BYD cars in Europe, Latin America and develop ‘autonomous-capable vehicles’

Uber to start using BYD cars in Europe, Latin America and develop ‘autonomous-capable vehicles’

BYD launched the BYD Seal in Europe at the IAA auto show in Munich, Germany. The electric sedan has a starting price of 44,900 euros ($48,479). Arjun Kharpal | CNBC BEIJING — Uber and BYD announced Wednesday that drivers on the ride-hailing platform can get pricing and financing deals for the Chinese company’s electric cars, … Read more

WeRide expands globally as transportation industry adopts AI

WeRide expands globally as transportation industry adopts AI

BEIJING, CHINA – JULY 11: People take photos of WeRide Robobus, a fully-driverless shuttle capable of SAE Level 4 autonomous driving, at Beijing High-level Autonomous Driving Demonstration Area on July 11, 2024 in Beijing, China. (Photo by Jia Tianyong/China News Service/VCG via Getty Images) China News Service | China News Service | Getty Images Self-driving … Read more

Apple says its AI models were trained on Google’s custom chips

Apple says its AI models were trained on Google’s custom chips

Google CEO Sundar Pichai (L) and Apple CEO Tim Cook (R) listen as U.S. President Joe Biden speaks during a roundtable with American and Indian business leaders in the East Room of the White House in Washington, D.C., on June 23, 2023. Anna Moneymaker | Getty Images Apple said on Monday that the artificial intelligence … Read more

Temu, Shein soaring popularity could hit Amazon, Meta, eBay earnings

Temu, Shein soaring popularity could hit Amazon, Meta, eBay earnings

In just 17 days after launch, Temu surpassed Instagram, WhatsApp, Snapchat and Shein on the Apple App Store in the U.S., according to Apptopia data shared with CNBC. Stefani Reynolds | Afp | Getty Images Temu and Shein have exploded in the U.S. by going on an online marketing blitz and offering consumers inexpensive goods … Read more

‘Great rotation’ faces big test with Big Tech earnings

‘Great rotation’ faces big test with Big Tech earnings

When I was a cub reporter in Los Angeles, covering crime for the now-deceased Los Angeles Herald Examiner, we used to joke that we should never let the facts get in the way of a good story. It was a horrendous paper — don’t ask me what I was doing there other than booking a … Read more