Recently, an Indiana jury found Tesla and one of its employees partially liable for a 2017 crash involving a company-owned Ford truck and a motorcycle. This tragic incident left the motorcyclist with a partial amputation, permanent disfigurement, and a traumatic brain injury. The jury ordered Tesla and the employee, Kyle Kaszuba, to pay over $42
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The tech world is on edge with the recent escalation of tensions between two of its most prominent figures: Elon Musk and Sam Altman. Once comrades-in-arms who co-founded OpenAI, an organization dedicated to developing safe and beneficial artificial intelligence, the two visionaries are now embroiled in a bitter feud that could have profound repercussions for
In a recent interview with CNBC, Palantir CEO Alex Karp unleashed a scathing critique of short sellers, accusing them of attempting to profit off the downfall of successful American companies. Karp expressed a visceral satisfaction in witnessing short sellers endure losses, stating that depriving them of their profits was akin to taking away their “lines
Michael Saylor, the CEO of MicroStrategy, has been on a buying spree when it comes to Bitcoin. His recent announcement of purchasing another 12,000 Bitcoins for $822 million sent shockwaves through the market. This brings MicroStrategy’s total Bitcoin holdings to a staggering 205,000, valued at over $15 billion. The company’s shares have been closely tied
When Tesla CEO Elon Musk filed a lawsuit against OpenAI earlier this month, claiming breach of contract, the startup wasted no time in responding. OpenAI has challenged the foundational claim made by Musk in his complaint, stating that there is no actual “founding agreement” as claimed by Musk. This has sparked a legal battle between
The relationship between the U.S. and China has been in flux for some time now, with the U.S. taking steps to limit the influence of Chinese companies within its borders. Steven Okun, founder and CEO of consultancy APAC Advisors, highlighted that “the decoupling is really in full force,” indicating a clear trajectory towards stricter measures
Former U.S. President Donald Trump recently expressed concerns about the potential ban of Chinese-owned social media app TikTok in the United States. He argued that banning TikTok would only serve to benefit Meta’s Facebook platform, which he considers to be “an enemy of the people.” Despite acknowledging the national security and data privacy issues associated
Walmart, a major player in the retail space, is making waves with its use of generative AI to enhance the shopping experience for customers. CEO Doug McMillon highlighted how the company’s gen AI search capabilities have significantly improved, positioning Walmart as a leader in innovative search solutions. This move towards a more comprehensive approach to
In a groundbreaking move, a group of around 600 software testers at Activision made history by establishing the largest union in the U.S. video game industry. This monumental union, known as Activision Quality Assurance United-CWA, represents a pivotal moment for labor rights within the gaming sector. The formation of this union comes following Microsoft’s $69
The retirement of Sony Interactive Entertainment president and CEO Jim Ryan in March 2024 marks the end of an era for the gaming industry. Ryan’s tenure began in 1994, coinciding with the launch of the iconic PlayStation console in Japan. His leadership played a significant role in shaping the success of the brand over the