Business

Amazon CEO Jeff Bezos Considers Purchasing CNN: Bankers

Amazon CEO Jeff Bezos spoke to the media about the company’s sustainability efforts on 19 Sept 2019 in Washington, DC. The world’s richest man is ostensibly considering to purchase news network CNN. An individual close to Mr. Bezos told the outlet that there have been zero talks about it. CNN is potentially an asset that

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Business

Elon Musk Says Tesla India Launch Will Be Next Year For Sure

Elon Musk: In what can be touted as a piece of exciting news for all EV (electric vehicle) fans, especially Tesla aficionados, The U.S. based EV manufacturer could be making its foray into the Indian market next year. This claim comes from a formidable authority – Elon Musk. The Tesla CEO was responding to a

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Business

Elon Musk Says Tesla Will Not Reduce Model 3 Price To Lure More Buyers

Elon Musk realizes that it is important to offer an inexpensive, yet impressive range of products in a bid to ramp up sales figures, and the Tesla CEO has been vocal about his plan to have a product that is smaller, more affordable as compared to the Model 3, which is currently Tesla’s cheapest offering.

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Business

Elon Musk Plans To Spin SpaceX’s Starlink Off For An IPO

Tesla CEO Elon Musk wants to list SpaceX;s space internet venture, Starlink, numerous years in the future when revenue growth is predictable and effortless. Last year, Musk said that Starlink will serve as a vital new revenue stream for his California-based aerospace company SpaceX. or Space Exploration Technologies Corp. “Public market does *not* like erratic

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Business

Judge Urges US Government To Block TikTok Ban

TikTok Ban: An executive order issued by the Commerce Department of the United States compelled Apple and Google to restrict the availability of WeChat and TikTok from their app stores, but now US District Judge Carl Nichols has blocked the decision. The government “must file a response to a request by TikTok for a preliminary

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Business

Non-Stop Attacks From US Govt. Puts Huawei In A Difficult Situation

Huawei says it is in survival mode in the wake of attacks from the United States that threaten to restrict the Chinese company’s access to key technology. “Huawei is in a difficult situation these days. Nonstop aggression from the US government has put us under significant pressure,” Huawei’s rotating chief executive Guo Ping said at

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Business

Elon Musk Promises A Next-Gen Battery Equipped $25,000 Electric Car

Tesla announced that it will considerably reduce the asking prices of its battery cells and packs, meaning, the company’s next goal is a $25,000 electric car. It looks like Tesla will soon be coming with a new electric car carrying a $25,000 price tag. The company’s chief executive Elon Musk said its new “tabless” battery

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Business

LIVE: How To Watch Tesla Battery Day Reveal; Expect Big Surprises

Elon Musk on Sept. 21 confirmed that Tesla’s “high volume” battery cell production isn’t likely to kick off before 2022. In other words, it will most affect Roadster programs, Tesla Semi, and the Cybertruck. Tesla Battery Day 2020 will be held today, Sept. 22. It is an event where the automaker is widely expected to

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Business

Twitter To Follow In Facebook’s Footsteps? Algorithm Shows Racial Bias

Twitter is getting wise to the challenges involved with getting rid of racial bias in algorithms. The social network’s Liz Kelley explained that the company had more analysis to do after cryptographic engineer Tony Arcieri carried out an experiment suggesting Twitter’s algorithm was biased when it comes to prioritizing photos. For the sake of an

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