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List of All Articles with Tag 'tec'

WeWork Shares Sink After Report It Plans to File for Bankruptcy
WeWork Shares Sink After Report It Plans to File for Bankruptcy
WeWork Inc. shares fell as much as 42% in premarket trading following a report in the Wall Street
1970-01-01 08:00
Singapore Set to Direct Largest Bank DBS to Fix ‘Unacceptable’ Online Outages
Singapore Set to Direct Largest Bank DBS to Fix ‘Unacceptable’ Online Outages
Singapore’s financial regulator is set to direct DBS Group Holdings Ltd. to take further steps to resolve a
1970-01-01 08:00
Taiwan Probes Alleged Election Graft Linked to Foxconn’s Gou
Taiwan Probes Alleged Election Graft Linked to Foxconn’s Gou
Taiwan is investigating suspected bribes connected to Foxconn Technology Group founder Terry Gou’s presidential campaign, as the billionaire
1970-01-01 08:00
Biden and Xi Will Meet in San Francisco Next Month
Biden and Xi Will Meet in San Francisco Next Month
President Joe Biden will meet with Chinese leader Xi Jinping on the sidelines of the Asia-Pacific Economic Cooperation
1970-01-01 08:00
Saudi Arabia’s Tabby Valued at $1.5 Billion in Pre-IPO Fundraise
Saudi Arabia’s Tabby Valued at $1.5 Billion in Pre-IPO Fundraise
Saudi Arabia-based Tabby raised $200 million in a funding round that values the buy-now-pay-later firm at over $1.5
1970-01-01 08:00
Baidu launches paid version of ChatGPT-like Ernie Bot
Baidu launches paid version of ChatGPT-like Ernie Bot
BEIJING Chinese search engine giant Baidu launched on Wednesday a paid version of its ChatGPT-like product Ernie bot,
1970-01-01 08:00
Tesla to offer ‘beast mode’ version of Cybertruck with bulletproof panels
Tesla to offer ‘beast mode’ version of Cybertruck with bulletproof panels
Tesla will offer a “beast mode version” for its much anticipated Cybertruck once it is rolled out by the end of this year, Elon Musk has said. In his latest interview with Joe Rogan on Tuesday, Mr Musk expressed hope that the “beast mode” version of the vehicle will be able to go from zero to 60 mph in under three seconds. The multibillionaire owner of X/Twitter had earlier said the Cybertruck will also get “performance” and “kicks ass” versions. However, Mr Musk did not elaborate on the other features that will be included in these versions of the electric vehicle (EV). He also reiterated that the Cybertruck, expected to launch in November, will have bulletproof steel panels and an option for people to purchase bulletproof glass. “You can make anything bulletproof if you want, but the glass has to be very thick to be bulletproof, so it can’t go up and down,” Mr Musk said. During the interview, Mr Rogan tried shooting an arrow at the vehicle’s stainless steel body. The projectile caused a small dent on the side of the Cybertruck model. Mr Musk said upcoming demonstrations will show the Cybertruck is bulletproof. The Tesla titan said one demonstration will have the vehicle being shot at with a Tommy gun, a 45mm shotgun and a 9mm gun. “Trucks are supposed to be tough, right?” he said. The bulletproof nature of the truck, dubbed “an armoured personal carrier from the future”, has been the subject of intense hype ever since it was unveiled. Mr Musk’s first demonstration of the toughness of the Cybertruck in 2019 had become a misfire as the window of the vehicle immediately smashed after he invited an audience member to throw a small metal ball at it. “Oh my f***ing god. Well, maybe that was a little too hard. It didn’t go through, so that’s a plus... room for improvement,” Mr Musk exclaimed, later adding on social media that prior testing before the event had compromised the window. “Sledgehammer impact on door cracked base of glass, which is why steel ball didn’t bounce off. Should have done steel ball on window, *then* sledgehammer the door,” the Tesla chief had said. Last month, Mr Musk dampened hopes that the Cybertruck will revive profits for the company in the near future. He announced in an earnings call that it will take at least 18 months for the truck to become profitable. “There will be enormous challenges in reaching volume production with Cybertruck and making the Cybertruck cash flow positive,” the Tesla titan told investors and analysts. “The blood, sweat, and tears that will be required to achieve that is just staggering,” he said. Read More Kamala Harris arrives in the UK ahead of AI safety summit X now valued at $19bn – less than half of what Elon Musk paid for it Elon Musk slammed by Israel for offering to send Starlink to Gaza Elon Musk says X posts with misinformation are ‘ineligible for revenue share’ Twitter adds video calling – and lets strangers ring you Elon Musk was ‘almost in tears’ on Tesla earnings call, analyst claims
1970-01-01 08:00
South Korean Exports Return to Growth in Boost to Outlook
South Korean Exports Return to Growth in Boost to Outlook
South Korea’s exports rose for the first time since late last year in a positive sign for the
1970-01-01 08:00
Alphabet to Pay $40 Million to Match in Google Play Accord
Alphabet to Pay $40 Million to Match in Google Play Accord
Alphabet Inc. agreed to pay $40 million to Match Group Inc. to settle claims that Google Play policies
1970-01-01 08:00
AMD’s AI Optimism Helps Investors Look Past Tepid Forecast
AMD’s AI Optimism Helps Investors Look Past Tepid Forecast
Advanced Micro Devices Inc. said a new AI chip will generate $2 billion in sales next year, fueling
1970-01-01 08:00
Kamala Harris arrives in the UK ahead of AI safety summit
Kamala Harris arrives in the UK ahead of AI safety summit
US Vice President Kamala Harris has arrived in the UK ahead of attending Rishi Sunak’s summit focused on the safe use of artificial intelligence (AI). Ms Harris touched down at Stansted Airport on Tuesday evening with her husband Second Gentleman Douglas Emhoff for the summit. She will represent the US at Bletchley Park, near Milton Keynes, on Wednesday and Thursday in place of President Joe Biden. French President Emmanuel Macron will also not be in attendance, whilst Canadian Prime Minister Justin Trudeau and German Chancellor Olaf Scholz are also believed to be unlikely to show up. But Downing Street denied on Monday that the summit was being snubbed by world leaders. Elon Musk, the Tesla CEO and owner of the social media site X, will attend and join Mr Sunak for a live interview after the summit closes. The Prime Minister hopes the summit on AI safety will cement the UK’s status as a leading world player in the cutting-edge technology. Mr Sunak also said last week that mitigating the risk of extinction because of AI should be a global priority alongside pandemics and nuclear war. It comes as Mr Biden signed an executive order on AI on Monday, and said the technology was driving change at “warp speed” and carries tremendous potential as well as perils. The order seeks to steer how AI is developed so that companies can profit without putting public safety in jeopardy. Using the Defence Production Act, it requires leading AI developers to share safety test results and other information with the government.
1970-01-01 08:00
SBF’s Evasiveness Undermines His Case on Cusp of Final Arguments
SBF’s Evasiveness Undermines His Case on Cusp of Final Arguments
After weeks listening to the government’s criminal case against him, Sam Bankman-Fried finally got his chance to respond
1970-01-01 08:00
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