Elon Musk, the enigmatic CEO of Tesla and SpaceX, is no stranger to controversy. However, his latest announcement has raised eyebrows and sparked a new wave of speculation. Musk expressed his desire to obtain approximately 25% of voting control over Tesla, the electric vehicle giant he co-founded. This move comes as a surprise, considering Musk
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Microsoft has recently announced that its Copilot virtual assistant will now be available for small businesses. In addition, consumers who subscribe to the Microsoft 365 software can access a paid version of Copilot. These updates aim to expose more customers to generative artificial intelligence, which was popularized by OpenAI’s ChatGPT chatbot last year. By expanding
With the introduction of bitcoin ETFs in U.S. public markets, the long-awaited entry of large money managers into the cryptocurrency space is now a reality. For the wealth management industry, which oversees approximately $30 trillion in assets, this could unleash a torrent of new opportunities. According to analysts at Standard Chartered, the industry could witness
Discord, a widely-used messaging service popular among gamers, has recently confirmed that it will lay off 17% of its workforce, amounting to 170 employees. This move comes after a previous reduction of 40 jobs in August and is part of a growing trend of companies announcing cuts since the beginning of this year. CEO Jason
Tesla has recently announced “market adjustment” pay increases for its factory workers in multiple locations across the United States. The notices regarding the pay rate adjustments were prominently posted at Tesla’s vehicle assembly plant in Fremont, California. These increases were confirmed by an anonymous employee at the Fremont site, who emphasized that the company had
In a groundbreaking move, the U.S. Securities and Exchange Commission (SEC) recently approved 11 applications for bitcoin exchange-traded funds (ETFs) submitted by major asset managers like BlackRock and Fidelity. This long-awaited decision marks a significant turning point for the cryptocurrency industry, making it easier and more affordable than ever before to invest in bitcoin. Traditionally,
In a recent move that has sent shockwaves through the tech industry, Hewlett Packard Enterprise (HPE) has announced its agreement to acquire networking gear vendor Juniper Networks for a staggering $14 billion. This all-cash deal, priced at $40 per share, marks a significant milestone for both companies and is expected to have far-reaching implications for
Nvidia, a dominant player in the field of artificial intelligence, has cemented its position in the market with its expensive server graphics processors. The company’s role in training and deploying generative AI, such as OpenAI’s ChatGPT, has made it a pivotal figure in the AI boom. However, Nvidia is now shifting its focus towards consumer
Apple fans and tech enthusiasts around the world are eagerly anticipating the launch of Apple’s latest innovation – the Vision Pro. Set to debut in the United States on February 2, the Vision Pro is a groundbreaking development in spatial computing. With its unique features and capabilities, this headset is poised to redefine the way
The gaming industry has been abuzz with speculation that Nintendo, the Japanese gaming giant, will be releasing a new console this year. Industry analysts have pointed to various factors, including the success of the Nintendo Switch and the need for something new to sustain sales momentum. In this article, we will delve into the details