Elon Musk’s Firm Dismisses Accusations Elon Musk, the entrepreneur behind SpaceX, refuted claims that his company has been selling Starlink terminals to Russia. He adamantly denied these allegations, emphasizing that…
Category: Technology
Arm’s Share Price Soars
Arm, the UK-based chipmaker, has experienced a significant surge in its share price, nearly doubling since it announced its earnings last week. The company’s shares closed at $148.97 on Monday,…
Judge Orders Elon Musk to Testify Again
Elon Musk, CEO of Tesla and SpaceX, has been ordered by a judge to testify for the third time in the Securities and Exchange Commission’s (SEC) investigation into his acquisition…
Meta Challenges Supervisory Fee Imposed by DSA
Meta, designated as a Very Large Online Platform (VLOP) by the European Commission, has filed a legal complaint against the supervisory fee mandated by the Digital Services Act (DSA). The…
Samsung Chairman Acquitted: A Controversial Verdict
In a significant legal development, a South Korean court has acquitted Samsung chairman Lee Jae-yong of charges related to accounting fraud and stock manipulation. The case, stemming from a contentious…
Microsoft Surpasses $3 Trillion Valuation Driven by AI Investments
Microsoft Achieves Historic $3 Trillion Valuation, Second Only to Apple In a groundbreaking feat, Microsoft has reached a valuation exceeding $3 trillion (€2.7 trillion), making it the second company, following…
Tech Industry Layoffs: Unraveling the Trend
Unveiling the Wave of Layoffs in Tech Companies Recent announcements of layoffs by several tech companies, from Google to eBay, have triggered worker outrage and industry-wide speculation. In the wake…
Tesla Stock Decline: Earnings Fall Short
Strong Net Income Amidst Challenges Despite Tesla’s net income more than doubling in the last quarter, reaching $7.93 billion from October to December 2023, the company experienced a drop in…
Japan’s Precision Moon Lander Achieves Historic Touchdown
Japan has secured its place as the fifth country in history to successfully reach the moon, as its lunar mission, led by the Japan Aerospace Exploration Agency (JAXA), demonstrated remarkable…
Reviving the Affordable EV Dream: Tesla’s Redwood Project
Resurrecting Elon Musk’s Vision Tesla’s long-discussed and once-paused ambition of introducing an affordable electric vehicle may be gaining momentum again. According to insiders, Tesla aims to commence production of an…