Tesla has released its fourth-quarter vehicle production and delivery report for 2023, revealing impressive figures. In Q4 2023, Tesla achieved total deliveries of 484,507 vehicles and total production of 494,989 vehicles. The annual figures for 2023 are even more notable, with total deliveries reaching 1,808,581 vehicles and total production at 1,845,985 vehicles. These numbers represent… Continue reading Tesla reported 485,000 deliveries for the fourth quarter, bringing 2023 total to 1.8 million

Nvidia, the U.S. chipmaking giant, is preparing to release a modified version of its gaming processor, the Nvidia RTX 4090D, in China to comply with U.S. export restrictions. The adjusted model, scheduled for launch in January, will have 11% fewer CUDA (Compute Unified Device Architecture) cores compared to versions sold outside China. The CUDA architecture… Continue reading Nvidia to launch slower version of its gaming chip in China to comply with U.S. export controls

In 2023, Apple experienced a significant stock rally, but this performance was overshadowed by four consecutive quarters of declining revenue, marking the longest such slide for the tech giant since the dot-com bust of 2001. Apple faced challenges due to an adverse economic environment for phones and computers, with total smartphone sales being the slowest… Continue reading Apple’s stock underperformed top tech peers in 2023 due to longest revenue slide in 22 years

In 2022, Affirm faced significant challenges with a 90% decline in shares, attributed to rising interest rates, economic concerns, and reduced consumer spending. However, the landscape shifted dramatically in 2023, witnessing a 430% surge in Affirm’s stock value, outperforming other U.S. tech companies valued at $5 billion or more. The Federal Reserve’s indication of upcoming… Continue reading Affirm’s stock quintupled this year, beating all tech peers, on buy now, pay later boom

The article discusses the shifting landscape of venture capital and technology investments, highlighting the contrast between the past decade and the current state of the industry. The last decade was characterized by abundant capital, with the Federal Reserve’s low-interest rate policy and Covid-related stimulus measures fueling investments in various sectors, including electric scooters, co-working spaces,… Continue reading Startup bubble fueled by Fed’s cheap money policy finally burst in 2023

On Wednesday, the price of Ether experienced a notable increase as investors directed their funds towards the cryptocurrency in anticipation of significant positive developments in January. According to Coin Metrics, Ether saw a 6% surge, while Solana’s SOL token, a leading performer in the crypto space, observed a 2% rise. Analyst John Todaro from Needham… Continue reading Ether rallies 6% in catchup trade as investors position for January

In a significant victory for Apple, an appeals court temporarily lifted the import ban on the latest Apple Watches, allowing the tech giant to resume sales. The ban was initially imposed by the International Trade Commission (ITC) in October following a finding that the blood oxygen sensor in Apple’s Series 9 and Ultra 2 watches… Continue reading Apple Watch import ban temporarily stopped by U.S. appeals court

Anthropic, a startup founded by former employees of OpenAI, is reportedly in discussions to secure a $750 million funding round led by Menlo Ventures. The valuation of the company is anticipated to reach up to $18.4 billion, a substantial increase from its earlier valuation of $4.1 billion this year. Anthropic, established in 2021 and backed… Continue reading Anthropic, the OpenAI rival, is in talks to raise $750 million in funding at an $18.4 billion valuation

Liberty Defense Holdings Ltd. (“Liberty” or the “Company“) (TSXV: SCAN) (OTCQB: LDDFF) (FRANKFURT: LD2A), a leading provider of Artificial Intelligence (AI) based weapons detection and physical security solutions for high risk and secure facilities, is pleased to announce that HEXWAVE™ achieved outstanding results in recent U.S. military and government agency trials. HEXWAVE is a walkthrough screening portal… Continue reading Liberty Defense Completes Successful U.S. Military and Government Agency Trial

Several of Apple’s payment features, including Apple Pay, experienced disruptions on Wednesday morning, as reported on Apple’s system status page. The outage, affecting Apple Card, Cash, Pay, and Wallet, occurred from 6:15 a.m. to 6:49 a.m. for some users. Notably, the system status page was not promptly updated to reflect the issue’s resolution, with the… Continue reading Apple resolves outage affecting its payment features, including Apple Pay, Card, Cash and Wallet

The latest study by LendingTree reveals that Tesla drivers in the U.S. were involved in accidents at a higher rate than drivers of any other brand of vehicle over the past year. Analyzing quotes from individuals seeking insurance for their vehicles, the study excluded incident data related to rental cars. Tesla drivers exhibited the worst… Continue reading Tesla drivers had highest accident rate, BMW drivers highest DUI rate, study finds

Tesla has disclosed plans to implement pay increases of around 10% for set-rate hourly workers at its battery factory in Sparks, Nevada, starting in early January 2024. Internal documents and information from plant workers reveal that the “cost of living adjustments” will raise the hourly wage from $20 to $22 at the low end and… Continue reading Tesla to raise pay for hourly Nevada Gigafactory workers in January — move could stave off union interest