Tesla’s stock tumbled nearly 10% on Thursday after CEO Elon Musk signalled the electric vehicle maker will keep cutting prices.
Author: Agency Staff
President Cyril Ramaphosa is facing increasing pressure to hand powers to his new electricity minister.
US-based Biofire Tech is taking orders for a smart gun enabled by facial recognition technology.
SpaceX on Thursday successfully launched its next-generation Starship cruise vessel that ended minutes later with the vehicle exploding in the sky.
Huawei Technologies has developed enterprise IT management software to replace Oracle’s, taking another step toward reducing its reliance on US tech.
Elon Musk said Tesla likely will launch full self-drive technology this year.
Seagate has agreed to pay a $300-million penalty in a settlement with US authorities for shipping over $1.1-billion worth of hard disk drives to Huawei.
Meta Platforms is set to commence company-wide layoffs as it works towards founder Mark Zuckerberg’s goal of greater efficiency.
Netflix beat Wall Street earnings estimates for the first quarter but offered a lighter-than-expected forecast.
Billionaire Elon Musk said he will launch an artificial intelligence platform called TruthGPT to challenge the offerings from Microsoft and Google.