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Tesla CFO Sells Additional $1.7 Million in Stock

Tesla Chief Financial Officer Vaibhav Taneja executed two stock sales last week, offloading roughly $1.2 million on July 7 and another $587,880 on July 8, according to recent securities filings.…

Meta Plans to Invest Hundreds of Billions in AI Data Centers

Mark Zuckerberg, founder of Meta, announced that the company will invest hundreds of billions of dollars building vast AI data centers across the United States, aimed at powering advanced artificial…

Musk and X to Stand Trial in Don Lemon Breach of Contract Lawsuit

A San Francisco judge ruled this week that former CNN anchor Don Lemon’s lawsuit against Elon Musk and his social media platform X can move forward to trial. The suit…

Starbucks Employees Must Return to Office Four Days a Week or Accept Payout

Starbucks announced on Monday that its corporate employees will be required to work from the office four days per week beginning in October. Voluntary Exit Program Offered CEO Brian Niccol…

China’s Geely Takes Luxury EV Startup Zeekr Private

China’s Geely Auto is moving to take its luxury electric vehicle subsidiary, Zeekr, private just over a year after the company went public on the New York Stock Exchange. This…

Anthropic, Google, OpenAI, and xAI Receive Up to $200 Million from Defense Department for AI Projects

The U.S. Department of Defense announced on Monday contract awards of up to $200 million for artificial intelligence development projects involving Anthropic, Google, OpenAI, and Elon Musk’s xAI. The DoD’s…

Weekly Subscriptions Top iOS App Earnings, Study Shows

Weekly subscriptions have become a major driver of revenue for iOS apps, now accounting for 46% of total earnings, according to a new report by app revenue management platform Adapty.…

Musk Opposes Tesla-xAI Merger but Supports Investment

Elon Musk on Monday stated he does not support merging his artificial intelligence company, xAI, with electric automaker Tesla, amid ongoing speculation about how the two businesses might collaborate or…

TikTok CEO Requests Meeting with Industry Minister Amid Shutdown Order

TikTok CEO Shou Chew has formally requested an urgent meeting with Industry Minister Mélanie Joly concerning the federal government’s order for the company to cease its Canadian operations. Chew’s letter,…

Tesla Officially Launches in India Nine Years After Elon Musk’s Initial Tease

Tesla has officially entered the Indian market with the opening of its first showroom, marking a significant milestone nearly nine years after CEO Elon Musk first hinted at the move…

SpaceX May Invest $2 Billion in Elon Musk’s xAI

One of Elon Musk’s companies may soon be making a significant financial commitment to another. According to a Wall Street Journal report citing investors close to SpaceX, the aerospace firm…

Ford Recalls 200,000 Vehicles Due to Backup Camera Display Fault

Ford is recalling certain 2021-2023 Bronco Sport models due to a software fault in the SYNC 3 infotainment system that can cause backup camera failures. This issue limits the driver’s…

Elon Musk’s xAI Launches Grok 4 with $300 Monthly Subscription Option

Elon Musk’s AI company, xAI, released its latest flagship model, Grok 4, late Wednesday, along with a new premium subscription plan called SuperGrok Heavy priced at $300 per month. Competing…

Nvidia Hits Historic $4 Trillion Valuation, Surpassing Apple Thanks to AI

Nvidia has made history as the first company to reach a $4 trillion market valuation, propelled by the growing demand for artificial intelligence technologies. This milestone cements Nvidia’s position as…

Super Micro Aims to Boost European Manufacturing to Meet Growing AI Demand

Super Micro is gearing up to increase its investment in Europe, including expanding the production of its AI servers, CEO Charles Liang said in a recent interview. Meeting Growing Demand…

Apple Announces COO Jeff Williams to Retire Later This Year

Apple announced Tuesday that Jeff Williams, its Chief Operating Officer and 27-year company veteran, will retire later this year. Current operations leader Sabih Khan will take over much of the…

Competition Bureau Secures Court Order in Amazon Pricing Policy Investigation

Canada’s Competition Bureau has obtained a court order as part of its ongoing investigation into Amazon’s conduct concerning its online marketplace in Canada. The probe focuses on Amazon’s fair pricing…

Marks & Spencer Chair Declines to Confirm Whether Retailer Paid Hackers Following Ransomware Attack

The chairman of U.K. retail giant Marks & Spencer, Archie Norman, refused to tell a panel of lawmakers whether the company paid a hacking group following a ransomware attack earlier…

Robinhood CEO Minimizes OpenAI Concerns Over Tokenized Stock Structure

Robinhood CEO Vlad Tenev said Tuesday that it’s not “entirely relevant” that the trading platform’s tokenized shares of OpenAI and SpaceX aren’t technically equity in those companies. This statement comes…

Amazon Starts Selling Nintendo Switch 2—Here’s What You Need to Know First

After some delay, Amazon has finally started selling Nintendo’s Switch 2 console. However, instead of a standard first-come, first-served sale, Amazon is using a raffle system that requires customers to…