Tesla, a leading electric vehicle manufacturer, has recently faced challenges with its Cybertruck pickups, leading to multiple recalls in the U.S. These recalls, the third and fourth for the Cybertruck, highlight issues with trim pieces and faulty motor controllers in the front windshield wipers. While Tesla aims to address these problems promptly, the recurring recalls
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The European Union regulators recently announced that Apple is violating the new tech rules by preventing customers of its App Store from being directed to alternative platforms. This breach of the Digital Markets Act (DMA) is a significant concern for the EU’s executive arm, the European Commission. The probe into Apple’s anti-steering rules has raised
Global Times reported that China is pushing for the European Union to retract its decision to impose provisional tariffs on Chinese electric vehicles. This request comes after the agreement between China’s commerce minister, Wang Wentao, and Valdis Dombrovskis, executive vice president of the European Commission, to initiate discussions regarding the EU’s anti-subsidy investigation into Chinese
Tech giants like Apple, Microsoft, Amazon, and Google often dominate the global brands list. However, in 2023, Nvidia emerged as one of the most valuable companies in the world, surpassing Microsoft to become the largest by market cap. Despite its impressive $3.1 trillion valuation, which briefly reached $3.3 trillion, Nvidia’s brand recognition lags far behind.
In a recent public appearance, SoftBank CEO Masayoshi Son shared his vision for the future of artificial intelligence (AI), predicting the arrival of artificial super intelligence (ASI) within the next decade. Son believes that ASI, which will be 10,000 times smarter than humans, will revolutionize the way we live and interact with technology. This bold
Apple’s foray into the artificial intelligence (AI) space with Apple Intelligence faces a multitude of challenges in China, known for its stringent rules around this innovative technology. With Beijing enacting various regulations focusing on data protection and large language models, Apple finds itself at a crossroads in one of its most critical markets. The Chinese
Elon Musk recently attended the Cannes Lions advertising festival in Cannes, France where he clarified his previous remarks regarding advertisers abandoning his X social media platform. He was questioned by WPP CEO Mark Read about his previous statement telling advertisers threatening to pull ads from the platform to “go f— yourself.” During the event, Musk
Apple, along with other tech giants such as Alphabet and Meta, is currently under investigation by the European Commission for potential violations of the Digital Markets Act (DMA). Margrethe Vestager, the EU’s competition chief, has expressed serious concerns about Apple’s conduct, specifically regarding the blocking of businesses from informing users about cheaper alternatives to products
Starboard Value, an activist fund managed by Jeff Smith, has acquired a substantial stake in the graphics-design firm Autodesk. The fund has engaged in discussions with the company’s board regarding several serious concerns related to its disclosures surrounding an internal investigation that led to the removal of its chief financial officer. Sources familiar with the
The introduction of bitcoin exchange traded funds has been highly anticipated in the financial industry. BlackRock’s Samara Cohen mentioned at the Coinbase State of Crypto Summit in New York City that financial advisors are gradually moving towards adopting these new products. Currently, it is estimated that approximately 80% of bitcoin ETF purchases are being made