| Getty Images Key Takeaways The Washington Post reported that Elon Musk plans to lay off roughly 5,000 employees if the Twitter acquisition continues. The Twitter deal initially fell through in the s...
Tag: Elon Musk
Elon Musk Shares Video Inside Twitter HQ As Deal Close Appears Imminent
Topline Elon Musk all but confirmed on Wednesday that his $44 billion acquisition of Twitter will indeed go through, sharing the news with a joke video on the social media platform. Twitter’s Sa...
India’s Digital Health Ecosystem Is An Unparalleled Opportunity
The Indian healthcare system is a remarkable phenomenon in many ways. Boasting one of the largest social health programs in the world, in addition to incredible research and development facilities, th...
Elon Musk Reportedly Tells Bankers He’ll Buy Twitter By Friday Deadline
Topline Elon Musk told the banks that are partially funding his $44 billion Twitter acquisition he plans to close the deal by Friday, a deadline set by Delaware state court judge, Bloomberg reported T...
Toyota About to Make a Big Change to Challenge Tesla
Toyota (TM) seems set to do an about-face. In the face of the industrywide race toward electric vehicles, the Japanese automaker has boasted of its unique strategy. For Toyota, the world’s sec...
Andreessen Horowitz-backed Apex Space aims to mass produce spacecraft
Co-founders Max Benassi, left, and Ian Cinnamon Apex Space A pair of heavy-hitter startup founders is turning their attention to what they see as a key bottleneck in the space industry, and has alread...
Space race to connect satellites to phones with Apple, SpaceX, AT&T
The race to provide high-speed internet from satellites is well underway – but another, more ambitious competition, to connect directly from space to devices like smartphones, began in earnest earlier...
Cybersecurity Must Become A Top Priority In Healthcare
As if physician attrition, nursing shortages, and a global sense of burnout isn’t enough to crumble an already exhausted healthcare industry, cybersecurity breaches have become an inescapable plague o...
Cathie Wood Loads Up On Tesla Stock During Sell-Off
Summary The ARK Innovation ETF purchased $13.7 biliion worth of stock. Tesla reported its earnings on Wednesday evening. After Tesla Inc. (TSLA, Financial) shares fell on Thursday on the back of lackl...
Google’s New Medical Imaging Suite Will Enable A Bright Future Ahead For Healthcare
Earlier this month, Google Cloud announced its latest venture within the realm of healthcare: a new Medical Imaging Suite. This initiative builds on years of hard work by the Google Cloud team, aimed ...
Edison’s Solar Power Prediction, Elon Musk’s $100 Billion Loss And Green Gas From Landfills
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. Bettmann Archive One of the perks of work...
Memes With Kanye And Trump, Joking With A Former Russian President And A Possible Federal Probe
Topline The world’s wealthiest man Elon Musk had yet another eventful week, chumming up to Kanye West even as the rapper comes under fire for a series of antisemitic comments, trading barbs with Russi...
Tesla Stock Could Rebound in 3 Months. Here’s What it Would Take.
Elon Musk says that Tesla could someday be worth more than Apple and Saudi Aramco, combined. First, it needs to get through the next few months. Before Tesla (ticker: TSLA) reported third-quarter earn...
Twitter Stock Down 4% Over Possible Biden Security Review Of Musk
Topline Twitter shares fell Friday after Bloomberg reported about increased scrutiny from the federal government into its pending sale to Elon Musk, dropping to nearly their lowest level since Musk sa...
Musk Offers Dismal Recession Prediction: ‘Probably Until Spring 2024’
Topline Billionaire Tesla and SpaceX CEO Elon Musk became the latest high-profile corporate bigwig to offer a dismal economic outlook amid high inflation and three rounds of interest rate hikes, doubl...
Elon Musk says a global recession could last until the spring of 2024
Tesla Inc CEO Elon Musk attends the World Artificial Intelligence Conference (WAIC) in Shanghai, China August 29, 2019. Aly Song | Reuters Tesla founder and CEO Elon Musk thinks the global economic de...
Musk’s Twitter Deal And Starlink May Face National Security Review, Report Says
Topline Elon Musk’s acquisition of Twitter and some of his businesses, including the Starlink satellite internet service, may come under national security review, according to a Bloomberg report, a mo...
“Tesla Could Be Worth More Than Apple And Saudi Aramco Combined” As Q3 Revenue Target Misses
Key Takeaways Tesla missed their Q3 revenue target, bringing in $21.45 billion against the expected $22 billion. This was mainly as a result of logistical challenges which saw 343,830 vehicles deliver...
Elon Musk Prepares Huge Gift for Tesla Investors
Elon Musk took out the carrot. The CEO of Tesla (TSLA) tried on October 19 to reassure the electric vehicle maker’s shareholders after a completely disastrous first half of October for Tesla ...
SpaceX launches Starlink aviation product for satellite internet to private jets
One of the company’s flat aviation-specific Starlink antennas is seen on top of an aircraft. SpaceX SpaceX rolled out aviation-specific Starlink satellite internet service on Tuesday, with Elon ...
Jeff Bezos Says It’s Time To “Batten Down The Hatches” In Latest Recession Warning
Jeff Bezos has said it could be time to “batten down the hatches.” (Photo by David Ryder/Getty … [+] Images) Getty Images Key takeaways Jeff Bezos is the latest high profile CEO to s...
Tesla Humiliates Volkswagen, Mercedes – TheStreet
In the race for electric vehicles, every detail counts because it can make the difference. And there are often details that can give a significant psychological advantage to some of the players or un...
Kanye West agrees to buy Parler, company says
Kanye West arrives at the Vanity Fair Oscar Party on Feb. 9, 2020, in Beverly Hills, Calif. Evan Agostini | Invision | AP Kanye West, the superstar rapper who has made several inflammatory and antisem...
Charging An Electric Vehicle In 10 Minutes, Making Construction Greener And Becoming Nature-Positive
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. Getty Images The World Wildlife Fund rele...
Viasat takeover of UK rival Inmarsat faces in-depth competition probe
The offices of satellite operator Inmarsat in central London. Leon Neal | AFP | Getty Images The U.K.’s competition regulator launched an in-depth probe into American satellite internet company ...
Elon Musk ‘Presently’ Under Federal Investigation Over Twitter Deal, Company Alleges
Topline Lawyers representing Twitter claimed in a legal filing that Elon Musk is “presently under investigation by federal authorities for his conduct in connection with the acquisition of Twitt...
Elon Musk Loves Karl Marx—Here’s Why
Elon Musk, the richest capitalist ever to walk the earth, just took a page out of Karl Marx’s playbook. Karl Marx? Wasn’t he the creator of communism and one of the world’s greatest anti-capitalists? ...
Space tourism pioneer Dennis Tito books private moon trip
Dennis Tito, most widely known as being the first space tourist back in mid-2001. Wikipedia Entrepreneur Dennis Tito and his wife Akiko purchased seats on a private trip with SpaceX’s Starship r...
Tesla Billionaire Hawks ‘Burnt Hair’ Perfume For $100 A Bottle
Topline Elon Musk, the world’s richest man, announced a fresh foray into the perfume industry on Tuesday, hawking a “Burnt Hair” fragrance that he claimed sold 10,000 bottles within hours of launching...