Elon Musk buying Nvidia hardware even as Tesla aims to build AI rival

Elon Musk buying Nvidia hardware even as Tesla aims to build AI rival

Tesla CEO, Elon Musk (L), and Nvidia CEO, Jensen Huang (R). Reuters In November 2023, at an all-hands meeting with employees, Nvidia CEO Jensen Huang was asked whether the company would follow the lead of Apple and Disney and suspend its advertising on X due to rising levels of antisemitism and other hate speech on … Read more

Tesla settles racial discrimination lawsuit

Tesla settles racial discrimination lawsuit

Workers assemble cars on the line at Tesla’s factory in Fremont. David Butow (Photo by David Butow/Corbis via Getty Images) David Butow | Corbis News | Getty Images Electric vehicle maker Tesla has settled a racist discrimination lawsuit in which a federal jury previously awarded $3.2 million in damages to Owen Diaz, a Black man … Read more

Former Treasury Secretary Mnuchin is putting together an investor group to buy TikTok

Former Treasury Secretary Mnuchin is putting together an investor group to buy TikTok

Former Treasury Secretary Steve Mnuchin speaking on CNBC’s Squawk Box in New York on March 14th, 2024.  CNBC Former Treasury Secretary Steven Mnuchin is building an investor group to acquire ByteDance’s TikTok, as a bipartisan piece of legislation winding its way through Congress threatens its continued existence in the U.S. The House of Representatives on … Read more

India’s booming tech sector takes a major blow with Byju’s, Paytm crises

India’s booming tech sector takes a major blow with Byju’s, Paytm crises

Workers inspect smart phone components at the visual inspection area of the surface mount technology workshop inside the Realme factory in Greater Noida, India: Anindito Mukerjee | Bloomberg | Getty Images Anindito Mukerjee | Bloomberg | Getty Images India’s booming tech sector has suffered a major blow as startup darlings Byju’s and Paytm plunge into … Read more

Elon Musk endorsed Jeremy Sylestine for Travis County DA, lost Tuesday

Elon Musk endorsed Jeremy Sylestine for Travis County DA, lost Tuesday

Tesla CEO Elon Musk photographed in Austin, Texas, on April 7, 2022. The electric vehicle firm has also made forays into battery storage. Suzanne Cordeiro | AFP | Getty Images Elon Musk’s pick to be district attorney of Texas’ Travis County lost on Tuesday, hours after the Tesla CEO sent a companywide email urging employees … Read more

OpenAI shares Elon Musk emails urging startup to raise $1 billion, see Tesla as a cash cow

OpenAI shares Elon Musk emails urging startup to raise  billion, see Tesla as a cash cow

OpenAI on Tuesday publicly responded to a lawsuit brought by co-founder Elon Musk, highlighting apparent hypocrisy on the part of the now-billionaire and early backer of the company. In its response, OpenAI reproduced old emails from Musk in which the Tesla and SpaceX CEO encouraged the rising startup to raise at least $1 billion in … Read more

Tesla to earn billions from charging partnerships with Ford, others

Tesla to earn billions from charging partnerships with Ford, others

A Tesla electric car is plugged into a recharging terminal at a Healthy Living Market store in South Burlington, Vermont, June 18, 2023. Robert Nickelsberg | Getty Images As of Thursday, owners of Ford electric vehicles — the Mustang Mach-E and F-150 Lightning — in North America finally have the ability to power up using … Read more

Affirm buy now pay later vendor discusses loans, delinquencies

Affirm buy now pay later vendor discusses loans, delinquencies

A young man holds a credit card and uses a laptop for online shopping. Diy13 | Istock | Getty Images Americans shopping online after midnight often make riskier transactions and are more likely to default on their loans, according to Affirm Chief Financial Officer Michael Linford. The fintech firm uses the hour a consumer attempts … Read more

Crypto VC funding climbs for first time in 2 years after bitcoin rally

Crypto VC funding climbs for first time in 2 years after bitcoin rally

Jonathan Raa | Nurphoto | Getty Images Crypto had a big bounceback year in 2023. Now, venture investors are returning. Venture funding for crypto-related companies in the fourth quarter of 2023 totaled $1.9 billion, a 2.5% increase from the prior quarter, PitchBook said Thursday. It marks the first time that venture VC investments in crypto … Read more

SpaceX files to move incorporation site from Delaware to Texas

SpaceX files to move incorporation site from Delaware to Texas

A SpaceX Falcon 9 rocket lifts off on the USSF-124 mission for the U.S. Space Force and Missile Defense Agency in Cape Canaveral, Florida, U.S., February 14, 2024.  Joe Skipper | Reuters SpaceX has filed to change its incorporation location to Texas from Delaware, according to public filings with the Texas Secretary of State. It’s … Read more