For any other company’s stock, the combination of such poor results with Elon Musk’s political priorities would spell doom.
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Intel is poised to announce plans this week to cut more than 20% of its workforce, a source has said.
ERP, sales and accounting systems will accommodate increase and reversal easily, but business operations will suffer.
Economic gains from AI will boost global output by around 0.5%/year between 2025 and 2030, the IMF said.
Chinese car maker Chery is making a big entry into the hybrid vehicle market.
The US, the world’s former champion of free trade and globalisation, has become its biggest challenger.
Circle is launching a payments network for for settling cross-border transactions, sources said.
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China’s CATL on Monday launched a new brand for its sodium-ion batteries, Naxtra, for electric cars.
Venture capital funding for African start-ups shrank again last year, though the share of homegrown investors advanced.
CATL, the top maker of batteries for EVs, has won Hong Kong’s approval to proceed with a listing in the city
Netflix is testing new search technology for subscribers that employs AI to help them find TV shows and movies.