List of All Articles with Tag 'tec'

Kokusai Electric Corp. is set to go public on the Tokyo Stock Exchange Wednesday in Japan’s biggest initial

SINGAPORE Cyrptocurrency bitcoin leapt as much as 14% to a 2-1/2 year high of $34,283 in early Asia

Paramount Pictures is delaying the release of several movies, including an installment of its Mission: Impossible series, becoming

Bitcoin extended a rally fueled by expectations of fresh demand from exchange-traded funds, reaching the highest price since

A federal appeals court formalized a victory for Grayscale Investments LLC in its bid to create an exchange-traded

By Stephen Nellis and Max A. Cherney Nvidia dominates the market for artificial intelligence computing chips. Now it

Elon Musk has been accused of acting like “a little baby” and being “almost in tears” during an earnings call in which the billionaire struck a pessimistic tone about the economy. The Tesla CEO’s behaviour on the third-quarter earnings call was slammed as “terrible” by financial analyst Kevin Paffrath and the electric automaker’s stock price dropped 15 per cent in the two days following it. “For a leader to cry about the economy rather than funnelling that and coming up with a plan is pathetic,” Mr Paffrath, who owns Tesla stock, told Yahoo Finance. And he added: “We need to know the light is at the end of the tunnel rather than hearing a complaining CEO who’s not actually providing that path.” Tesla reported weaker-than-expected third-quarter results, with both earnings per share and revenue of $23.35bn falling short of analysts’ estimates, according to Yahoo Finance. But despite the issues as of Friday, the company’s share price was up 96 per cent year-to-date. Mr Paffrath, a YouTuber with 1.9 million followers, was not the only analyst to criticise Mr Musk’s performance. Wedbush Securities analyst Dan Ives described the call as a “mini disaster” during which a “cautious” Mr Musk downplayed expectations for the Cybertruck and focused on high interest rates. “We dug our own grave with Cybertruck” Mr Musk said on the call, calling it a “great product” but also said he wanted to “temper expectations” for the long-awaited pickup truck. “Demand is off the charts. We have over 1 million people who have reserved the car, so it’s not a demand issue,” he said. “But we have to make it, and we need to make it a price that people can afford, insanely difficult things.” The Independent has reached out to Tesla for comment. Read More Slack to retire its status account on Elon Musk’s X Tesla’s profits dip as Musk goes on rant about staff working from home Elon Musk’s X may charge some users $1 a year to post on platform

Apple could be about to launch a host of new MacBooks. The company is planning a major event next week at which it will update at least some of its Macs, according to a new report. The most likely new computer is an update to the 24-inch iMac, which was first released in April 2021 and has not been updated since. But Apple could also be planning new versions of the MacBook Pro. Apple is preparing for a Mac-related launch event that could happen on either Monday, 30 October or the following day, according to Bloomberg reporter Mark Gurman. He cited sources with knowledge of Apple’s plans, but also noted that stock for Apple’s existing Macs is running low. That 24-inch iMac as well as the 13-, 14- and 16-inch MacBook Pro all show long waits for delivery in both the online and physical Apple stores, he noted. That can suggest that an update is incoming, as Apple clears out old units before the new ones arrive. The last time that Apple held its results in November came in 2018, when Apple released new iPads and Macs in late October. Apple will also be holding its quarterly results in November this year, Mr Gurman noted. The new reports do not indicate what changes Apple might be planning for the new computers. But the 24-inch iMac has now gone almost three years without an update, and is still using Apple’s old M1 chip, making it the only computer in Apple’s line-up to do so. A new 24-inch iMac would presumably update that processor while presumably making other changes. It is less clear how Apple would update its 14- and 16-inch MacBook Pro, which are the very top of its professional line-up. Those received upgrades to Apple’s top-of-the-line M2 processor family in January. Mr Gurman suggested that the computers could also get “minor improvements to displays”. Previous reports have suggested that Apple could be adding more efficient screens to those premium laptops. Read More Apple just released a new Pencil after days of excitement Sadiq Khan, Met Commissioner to ask phone companies to ‘design out’ theft Apple is planning to make a cheaper Vision Pro headset without key features

Bitcoin rose 3.95% to $31,187 at 17:05 GMT on Monday, adding $1,185 to its previous close. Bitcoin, the

The ACC Men’s Basketball season is set to be bold and exciting in 2023-24. Get ready for predictions, player performances, and potential upsets for Duke, UNC, Miami, Louisville and more.

The challenge for the latest episode of Hello World was this: Could I go to Zurich, sit in

The discovery of beautiful, ancient rock engravings has been a bitter-sweet experience for experts in Brazil’s Amazon. On the one hand, the carvings offer an exciting insight into the first people who inhabited the region. On the other, it is a worrying signal that the Negro River, which runs through the region, may soon cease to exist. An extreme drought in parts of the rainforest has led to a dramatic drop in river water levels – with the Negro’s flow reaching its lowest level for 121 years last week. The drop exposed dozens of normally submerged rock formations featuring carvings of human forms that may date back some 2,000 years. Livia Ribeiro, a longtime resident of the Amazon's largest city, Manaus, said she heard about the rock engravings from friends and wanted to check them out. "I thought it was a lie,” she told the AFP news agency. “I had never seen this and I've lived in Manaus for 27 years.” She admitted that whilst scientists and members of the public were delighted at the discovery, they acknowledged that it also raised unsettling questions. "We come, we look at (the engravings) and we think they are beautiful. But at the same time, it is worrying,” she said. “I also think about whether this river will exist in 50 or 100 years.” Drought in Brazil's Amazon has drastically reduced river levels in recent weeks, affecting a region that depends on a labrynth of waterways for transportation and supplies. The Brazilian government has sent emergency aid to the area, where normally bustling riverbanks are dry and littered with stranded boats. According to experts, the dry season has worsened this year due to El Niño, an irregular climate pattern over the Pacific Ocean that disrupts normal weather, adding to the effect of climate change. Jaime Oliveira, of the Brazilian Institute of Historical Heritage (Iphan), said the engravings comprise an archaeological site of "great relevance”. They are located at a site known as Praia das Lajes and were first seen in 2010, during another period of drought (which was not as severe as the current one). Most of the engravings are of human faces, some of them rectangular and others oval, with smiles or grim expressions. "The site expresses emotions, feelings, it is an engraved rock record, but it has something in common with current works of art," Oliveira said. For Beatriz Carneiro, historian and member of Iphan, Praia das Lajes has an "inestimable" value in understanding the first people who inhabited the region, a field still little explored. "Unhappily it is now reappearing with the worsening of the drought," she said. "Having our rivers back (flooded) and keeping the engravings submerged will help preserve them, even more than our work." Sign up for our free Indy100 weekly newsletter Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings