In Tesla’s recent earnings call, Elon Musk expressed his belief that Chinese electric automakers are the most competitive globally and predicted they would achieve significant success outside of China. Despite facing intense competition from these Chinese companies, Musk acknowledged their potential to outperform other global automakers, particularly if there are no trade barriers or tariffs.… Continue reading Elon Musk says Chinese EV makers will ‘pretty much demolish’ most competitors without trade barriers

Microsoft is set to lay off approximately 1,900 employees in its Gaming unit, constituting about 9% of Microsoft Gaming’s workforce. The layoffs come as part of a broader “execution plan” aimed at reducing areas of overlap, following Microsoft’s $69 billion acquisition of Activision Blizzard. Phil Spencer, the CEO of Microsoft Gaming, emphasized that the company… Continue reading Microsoft lays off 1,900 workers, nearly 9% of gaming division, after Activision Blizzard acquisition

Amazon’s Ring announced plans to discontinue its “Request for Assistance” tool, which allowed law enforcement to submit requests for users’ doorbell video footage through its Neighbors app. In a blog post, Eric Kuhn, head of Neighbors, mentioned that public safety agencies can still use the app to share safety tips, updates, and community events, but… Continue reading Amazon’s Ring will stop allowing police to request doorbell video footage from users

Meta’s market capitalization exceeded $1 trillion during intraday trading, experiencing a more than 2% increase, reaching around $396 per share in a record rally. This marks the second time Meta has achieved a $1 trillion market cap, with the first instance occurring in 2021 when it approached $1.1 trillion in September of that year. The… Continue reading Meta passes $1 trillion in market cap

Jack Ma and Joe Tsai, co-founders of Alibaba, have made significant stock acquisitions on the open market, with Tsai’s family office, Blue Pool, acquiring nearly 2 million Alibaba depositary shares worth $152 million in the fourth quarter, and Jack Ma acquiring $50 million worth of Alibaba’s Hong Kong stock during the same period. This move… Continue reading Alibaba co-founders buy more than $200 million worth of shares, sending stock up

Alphabet has severed its contractual ties with Appen, the artificial intelligence data firm that played a crucial role in training Google’s chatbot Bard, refining Google Search results, and supporting other AI products. The termination, effective March 19, was communicated to Appen after a “strategic review process,” catching the latter by surprise. Approximately one-third of Appen’s… Continue reading Alphabet cuts ties with Australian AI firm that helped train Bard and Google Search

The Vision Pro, Apple’s highly anticipated virtual reality headset, experienced a rapid sell-out shortly after preorders opened, with shipping times for all models extending to five to seven weeks. According to Ming-Chi Kuo, a top Apple analyst, an estimated 160,000 to 180,000 units were sold over the weekend. However, Kuo expressed concern as the extended… Continue reading Initial demand for Apple’s Vision Pro headset could wane, top analyst cautions

 Liberty Defense Holdings Ltd. (“Liberty” or the “Company“) (TSXV: SCAN) (OTCQB: LDDFF) (FRANKFURT: LD2A), a leading technology provider of Artificial Intelligence (AI) based next generation detection solutions for protecting secure locations against prohibited weapons and other threats, is pleased to announce that the HEXWAVE™ system will be deployed at an international airport in the Philippines. The sale was made… Continue reading Liberty Defense Announces First Sale of HEXWAVE to an International Airport in Asia Pacific

Super Micro Computer, a notable tech stock, experienced a remarkable surge, soaring over 30% to reach a record high after the data center hardware manufacturer announced preliminary financial results that exceeded expectations. The company anticipates fiscal second-quarter revenue, concluding on December 31, to be between $3.6 billion and $3.65 billion, surpassing prior guidance of $2.7… Continue reading Super Micro shares soar more than 30% to record on uplifting preliminary results

Apple’s much-anticipated Vision Pro headset, priced at $3,499, opened for preorders in the United States on Thursday, with a slated release date of February 2. This marks Apple’s first foray into a new product category since the launch of the Apple Watch in 2015. While Wall Street analysts do not anticipate the Vision Pro achieving… Continue reading Apple $3,499 Vision Pro headset now available to order ahead of Feb. 2 release

Apple has offered concessions to European antitrust regulators by proposing to grant rivals access to its contactless payment technology. Apple Pay, the company’s mobile wallet feature, allows iPhone users to make purchases by tapping their devices. The European Commission raised concerns in 2022, noting that Apple’s exclusive control over its iOS operating system limited third-party… Continue reading Apple offers rivals access to mobile payment tech in EU antitrust case

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, reported better-than-expected financial results for the fourth quarter despite facing challenges in the global semiconductor industry. TSMC’s revenue reached 625.53 billion New Taiwan dollars ($19.62 billion), surpassing the expected 618.31 billion New Taiwan dollars. Net income was NT$238.71 billion, exceeding the expected NT$225.22 billion. The… Continue reading TSMC beats profit and revenue expectations in the fourth quarter