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Tesla Recognizes Anti-Musk Protests as a Risk to Its Business

Tesla has formally recognized the potential impact of global protests on its operations in a recent risk factor included in its filings. The acknowledgment came during a quarterly earnings call…

Ford Introduces Exclusive Experience Program for High-End Pickups

Ford Motor is launching a premium ownership experience for its highest-end pickup truck customers with a new program designed for “Platinum Plus” buyers. This service aims to provide a more…

Threads Expands Advertising Reach to Global Advertisers

Meta’s Threads, a burgeoning social media platform, has announced its expansion of advertising capabilities to global advertisers, marking a significant step in its growth strategy. As of this writing, Threads…

Tesla Stock Jumps After Trump’s Comments on China Tariffs and Powell, Despite Weak Earnings

Tesla’s stock soared 5.3% after CEO Elon Musk recently told investors he would be spending more time on the company. Investors responded enthusiastically to his promise, sending the stock soaring.…

Linktree Unveils New Monetization Features to Empower Creators

Linktree recently released a new monetization suite that provides creators with incredible tools to boost their income. These new tools will allow creators to significantly increase what they earn straight…

Intel Set to Lay Off Over 21,000 Employees, Reports Say

Intel Corporation is on the cusp of radical transformation. Under the leadership of new CEO Pat Gelsinger, TSMC’s biggest rival is launching a massive restructuring plan to double the company’s…

Apple and Meta Slam ‘Unfair’ €700 Million EU Fines

Over the last few years, the European Union has slapped tech giants like Apple and Meta with multibillion-dollar fines. They’ve received fines totaling €700 million for breaching antitrust rules. Additionally,…

Elon Musk Discusses the Impact of Tariffs on Tesla’s Future

Elon Musk, the CEO of Tesla, recently addressed the convoluted world of tariffs. During the call, he discussed how these tariffs are affecting his company in particular. In one of…

FDA to Remove Dyes from Flamin’ Hot Cheetos, Skittles, and Other Popular Snacks

Robert F. Kennedy Jr., the newly appointed head of a $1.7 trillion federal agency overseeing food and tobacco products, vaccines, and other medicines, is leading a significant shift in American…

Tesla Profits Fall 71% Due to Weak Sales and Growing Backlash Against Elon Musk

For Tesla Inc., it was a $1 billion profit plunge. In Q2 2024, this has resulted in earnings of just $1.5 billion, a 45% drop from Q2 2023. This downturn…

SpaceX Raises Starlink Congestion Fees in Multiple US Cities

Starlink, SpaceX’s new satellite in – started to implement a $100 congestion charge. This monthly fee would only be charged in specific neighborhoods where network demand has recently skyrocketed past…

Uber Accused by Feds of Charging Customers for Unapproved Subscriptions

The Federal Trade Commission (FTC) has accused Uber Technologies Inc. of unlawfully charging customers for subscription services without their explicit consent. Industry observers are not impressed with this unusual enforcement…

Elon Musk Chooses Rural Texas for His Expanding Business Empire

Elon Musk’s controversial recent relocation from California to Texas has attracted much controversy, and some excitement, from Texans. The billionaire entrepreneur has set up his corporate campus in rural, neighboring…

Musk Aims to Establish ‘Proper Value’ for xAI in Upcoming Investor Call

Elon Musk is focusing on establishing a “proper value” for his artificial intelligence startup, xAI, during an upcoming investor call. Founded in July 2023, xAI aims to “understand the true…

Tesla Accused of Odometer Fraud to Avoid Repair Payouts Under Warranty

Tesla is defending itself against a different California class-action lawsuit right now. The charges allege that the corporation has been systematically rolling back odometers to steer clear of paying costly…

Zuckerberg Admits TikTok Has Slowed Meta’s Growth

Mark Zuckerberg, CEO of Meta Platforms Inc., recently spoke about the impact of competing social media platforms, specifically TikTok, on Meta’s growth during a trial. He even admitted TikTok’s rapid…

Johnson & Johnson Faces $400 Million in Tariff Costs, Mainly Due to China

Health care giant Johnson & Johnson is anticipating approximately $400 million in tariff-related costs this year. The primary impact is expected to hit the company’s medical technology unit, which manufactures…

Hermès to Raise U.S. Prices for Iconic Bags and Scarves Due to Trump Tariffs

French luxury group Hermès announced that it will raise prices in the U.S. starting in May, aiming to counteract the impact of President Donald Trump’s tariffs on its products. The…

Tesla Whistleblower Wins Latest Legal Victory Against Musk

Cristina Balan, a former Tesla engineer, has emerged victorious in her long-running legal dispute with Tesla and CEO Elon Musk. Balan, who was dismissed in 2014 after raising concerns about…

Temu Cuts U.S. Ad Spending and Drops in App Store Rankings After Trump’s China Tariffs

Temu, the Chinese online retailer that gained significant attention for its “Shop like a billionaire” marketing campaign during last year’s Super Bowl, has seen a sharp decline in its U.S.…