Tag: Tech News

Musk’s ‘Name and Shame’ Strategy Works as Apple Resumes Advertising on Twitter

Elon Musk has said that Apple has “fully resumed” advertising on Twitter, adding that the tech giant is the largest advertiser on the platform, as tensions appear to be simmering down between the two companies. The comments were made during a Twitter Spaces conversation on Saturday, which featured more than 90,000 listeners. Later on Sunday,…


GM’s Cruise Plans to Enter ‘A Large Number of Markets’ in 2023

DETROIT—Cruise, General Motors Co’s robotaxi unit, plans to enter a “large number of markets” and scale operations up to “thousands of vehicles” in 2023, Chief Operating Officer Gil West told Reuters. Cruise has announced plans to start offering rides in Austin and Phoenix, adding those cities to its current base in San Francisco. West said…


Musk Delivers First Tesla Truck, but No Update on Output, Pricing

Tesla Inc. Chief Executive Elon Musk delivered the company’s first heavy-duty Semi on Thursday to PepsiCo without offering updated forecasts for the truck’s pricing, production plans or how much cargo it could haul. Musk, who appeared onstage at an event at Tesla’s Nevada plant, said the battery-powered, long-haul truck would reduce highway emissions, outperform existing…


Twitter Offering ‘Largest Advertiser Incentive Ever’ as Brands Leave Platform and Revenues Decline

Twitter is offering advertisers incentives to increase spending after Elon Musk’s takeover and management directives resulted in multiple brands curbing their ad investment on the social media platform. Advertising sales account for about 90 percent of Twitter’s revenue. Platforms and ad networks approach agencies for advertising as part of their business model. In emails sent…


SpaceX Gets US Approval to Deploy up to 7,500 Satellites

WASHINGTON—The U.S. Federal Communications Commission (FCC) said on Thursday it approved SpaceX’s bid to deploy up to 7,500 satellites, but put on hold some other decisions. SpaceX’s Starlink, a fast-growing network of more than 3,500 satellites in low-Earth orbit, has tens of thousands of users in the United States so far, with consumers paying at…


Sam Bankman-Fried Says FTX US Users Will Get 100 Percent of Their Money Back

Sam Bankman-Fried, the former CEO of the bankrupt crypto exchange FTX, has dismissed the notion that users of the platform will not recover anything substantial from the collapsed firm. In an interview with YouTube commentator Tiffany Fong, Bankman-Fried said that FTX U.S. will get “a dollar on the dollar” and that international users can expect…


Musk Meets Apple’s Tim Cook, Gives Critical Update on App Store Twitter Ban ‘Misunderstanding’

Tesla CEO Elon Musk said he met with Apple CEO Tim Cook and the two resolved the issue of Twitter potentially being cut from Apple’s App Store, which Musk had earlier identified as a threat facing the social media giant. Musk said in a post on Twitter late Wednesday that he and Cook had a “good…


Elon Musk’s Brain Implant Startup Neuralink Holds ‘Show and Tell’ Recruitment Drive

Elon Musk’s neurotechnology company Neuralink hosted a “show and tell” on Wednesday aimed at recruiting new talent. The event was held at 9 p.m. ET after previously being delayed, and live-streamed on YouTube. It featured a demonstration of a monkey operating a virtual keyboard as the firm showcased its technology. In the description box of…


Russian Hackers Who attacked Australia’s Largest Medical Insurer Release Massive 6.5 Gigabytes of Stolen Data

The Russian cybercriminals that stole personal data from nearly 10 million Australians have released the single largest data dump to date, announcing it was “case closed” for the Medibank hacking saga. Six zipped folders, with around 6.5 gigabytes of raw data in a folder called “full” was published by the hacking group on Thursday. A…


Bosch, Mercedes-Benz to Roll out Fully-Automated Parking at Stuttgart Airport

BERLIN—Bosch, and Mercedes-Benz have received approval for a fully automated self-parking software which enables cars to drive themselves into a pre-booked parking spot at a Stuttgart Airport parking lot and back out again, Bosch said on Wednesday. The software relies on communication with sensors in the parking location to detect obstacles in its path, and…