Salesforce profit outlook buoys software maker against activist investors
Salesforce hopes that the improved profitability it has gained from layoffs, especially in its Mergers and Acquisitions group will ward off attacks by activist investors.
Tesla’s growth ambition comes with a $175 billion price tag
Tesla plans to go from 1.3 million to 20 million cars per year at a $150 billion cost, according to Elon Musk's 'master plan' outlined during the EV maker's Investor Day.
Ford applies for patent that allows cars to self-repossess
Ford has reportedly filed for a patent on technology that could lead to cars remotely repossess due to non-payment.
Musk looks to build ChatGPT alternative to combat 'woke AI': report
Billionaire entrepreneur Elon Musk is reportedly gathering a team to develop a non-woke alternative to OpenAI's artificial intelligence chatbot, ChatGPT.
Tesla readies revamp of Model Y codenamed 'Juniper' - sources
As Tesla's investor day approaches, Elon Musk's EV maker is set to revamp its top selling models by 2024. Changes would help cut costs through efficient manufacturing.
Twitter's next CEO may be Musk right hand
Speculation is rising that Twitter owner Elon Musk may tap longtime associate and The Boring Company chief Steve Davis to replace him as CEO of the social media platform.
Instacart’s revenue and profit climb ahead of public listing
Instacart had higher sales and profit in Q4 as it continues to float an IPO. Instacart has waited since late 2022 for a more cooperative market before going public.
EV startups from Lucid to Rivian see demand fade, supply chain issues linger
US EV startups Rivian, Lucid Motors, Nikola and Fisker struggle with sales as legacy auto makers' and Tesla's margins allow them to sell vehicles at much lower costs.
TikTok sets default screen time limit for teens
TikTok on Wednesday announced that it is setting a new default time limit for users under 18 years old amid growing scrutiny over the popular social media app.
Zuckerberg says new Meta team to work on 'AI personas,' other features
Mark Zuckerberg on Monday announced a new team is being formed at Facebook parent Meta Platforms whose work is supposed to bring generative AI-based features.
Goldman Sachs gives strategy update at investor day
Goldman Sachs chairman and CEO David Solomon said the company made mistakes in its consumer business and would initiate other strategies to repair the issue.
Pentagon to reap rewards from $53B Chips Act
Commerce Secretary Gina Raimondo has outlined further details of the implementation of the Chips Act, which will include government sharing in excess profits and DOD priority.
China mocks TikTok ban on US government devices, asks why 'top superpower' fears 'young people app'
An official with the Chinese Ministry of Foreign Affairs mocked on Tuesday the White House's decision to ban the TikTok social media app from government devices.
FTC threatens to go after businesses that overhype AI claims: 'Our bread and butter'
The Federal Trade Commission issued a warning in a Monday blog post, instructing businesses to "keep [their] AI claims in check" amid hype over the technology.
Tesla investor day comes with stock rebounding, CEO Musk tweets Master Plan will be unveiled
Tesla will host the company’s first annual investor day on March 1, at its gigafactory facility in Austin, Texas and unveil its third Master Plan.
Coinbase to suspend Binance stablecoin
Cryptocurrency exchange Coinbase revealed on Monday that it has plans for the suspension of trading Binance’s stablecoin starting in two weeks.
Elizabeth Holmes gives birth to second child
Court documents reveal Theranos founder Elizabeth Holmes has given birth to her second child. The convicted fraudster is asking to remain out of prison pending appeal.
Nokia updates logo as company rebrands identity
Nokia signaled plans to change its brand identity for the first time in nearly 60 years, and the strategic shift includes the unveiling of a new logo.
Apple iPhone thieves using simple trick to take everything, report finds
iPhone thieves who spied on a victim's passcode before stealing the Apple device can reset multiple settings and prevent its rightful owner from accessing it.
Carvana veers clear of junkyard—for now
Carvana’s fourth-quarter results showed revenue fell 24% compared with a year earlier.



















