Ripple CEO Brad Garlinghouse speaks during the Milken Institute Global Conference in Beverly Hills, California, on Oct. 19, 2021. Kyle Grillot | Bloomberg | Getty Images Blockchain firm Ripple said Wednesday it has acquired Metaco, a Swiss firm that holds digital assets securely on behalf of clients, in a bid to expand its international footprint
In 2008, California voted yes on a $9 billion bond authorization to build the nation’s first high-speed railway. The plan is to construct an electric train that will connect Los Angeles with the Central Valley and then San Francisco in two hours and 40 minutes. But 15 years later, there is not a single mile
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft CEO Satya Nadella said during a taped interview with CNBC’s Andrew Ross Sorkin that what scares him most about artificial intelligence is “the entire society” has to come together to “maximize the opportunity and mitigate the dangers” of the technology, “We definitely want the benefits
The King and Queen have carried out their first official engagement together since the coronation. The couple spoke to traders and members of the public in Covent Garden’s Apple Market in London and waved to large crowds that had gathered. They also met children outside St Paul’s Church, known as the Actors’ Church, to mark
The troubled online estate agent Purplebricks has revealed a sale of the business to rival Strike, for the token sum of just £1. Purplebricks Group, which put itself up for sale in February after a series of profit warnings, said it had entered a conditional agreement to transfer its business to Strike that would include
The chief executive of JD Sports Fashion has told Sky News he sees further price increases ahead following a year of record profits for the retailer. The company, which has not been immune from the energy-led surge in costs linked to the war in Ukraine, reported profit before tax and exceptional items of £991.4m for
Tesla gave an update on its humanoid robot program, which is known as Tesla Bot or Optimus. New images of prototypes were quite impressive – making the project look less like a sideshow and increasingly like a potentially real product. When Elon Musk first announced the Tesla Bot, many laughed it off as a sideshow
Rob Dawson, CorrespondentMay 16, 2023, 10:06 AM ET Kyle Walker has admitted criticism from Pep Guardiola “hurt” during his spell out of the Manchester City team earlier this season. Guardiola said in April that Walker was not equipped to play in the inverted full-back role and instead picked natural centre-back John Stones for the position.
Cesar Hernandez May 16, 2023, 04:42 PM ET Mexico captain and all-time caps leader Andres Guardado announced his retirement from the national team on Tuesday. Guardado, 36, said before the 2022 World Cup that the tournament in Qatar would be his “last opportunity to achieve something for the national team” and he made it official
Tesla co-founder and former CTO JB Straubel is officially joining the company’s board of directors following a shareholder vote. JB Straubel was a co-founder at Tesla and the company’s longtime chief technology officer until he left in 2019 to launch Redwood Materials, which is helping create a North American battery supply chain. After Elon Musk, Straubel
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla CEO Elon Musk sat down for a sprawling interview with CNBC anchor David Faber on Tuesday following Tesla’s 2023 annual shareholder meeting in Austin, Texas. During the course of their approximately hour long conversation, Musk reflected on: How he has managed a takeover of
Elon Musk told CNBC’s David Faber on Tuesday that he doesn’t care if his inflammatory tweets scare advertisers away from Twitter. “I’ll say what I want, and if the consequence of that is losing money, so be it,” said Musk, who owns Twitter. Musk replied defensively as Faber pressed him over a tweet Monday night
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Tesla CEO Elon Musk claimed on Tuesday he is “the reason that OpenAI exists,” citing his past investment in the entity, and that Microsoft exerts control over the AI company, an assertion strongly denied by Microsoft CEO Satya Nadella. “I came up with the name,”
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Sundar Pichai, chief executive officer of Alphabet Inc., during the Google I/O Developers Conference in Mountain View, California, on Wednesday, May 10, 2023. David Paul Morris | Bloomberg | Getty Images Google’s new large language model, which the company announced last week, uses almost five
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla CEO Elon Musk said in an interview with CNBC’s David Faber on Tuesday that he believes the Fed was too slow to increase rates, and it will likely be too slow to lower them in the coming months. “My concern with the way the
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT The Tesla Inc. Gigafactory stands in Shanghai, China, on Friday, Nov. 1, 2019. Qilai Shen | Bloomberg | Getty Images Tesla CEO Elon Musk said Tuesday that people ought to be worried about tension between the U.S. and China. The comments come a year after
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Silicon Valley “laptop classes” need to get off their “moral high horse” with their “work-from-home bulls***,” Tesla CEO Elon Musk told CNBC’s David Faber in a Tuesday interview. Musk was discussing return-to-office imperatives that have caused significant concern among tech workers in Silicon Valley and
Tesla has teased its next electric car with a new image of the silhouette, and Elon Musk says it is already being built. Today, Tesla held its annual shareholder meeting. While CEO Elon Musk said that the meeting was not the right place to make a new product announcement, he still decided to tease Tesla’s
Tesla CEO Elon Musk said that the company is going to “try advertising” after years of resisting the idea and even saying that he “hates advertising.” For years, Musk has famously said that he despises advertising. He said that Tesla doesn’t pay or provide discounts for celebrities to drive its cars and that the automaker
Tesla is planning to finish the design and engineering of the next-generation Tesla Roadster by the end of this year and “hopefully” put the vehicle into production next year, according to CEO Elon Musk at Tesla’s shareholder meeting today. The next-generation Roadster was originally announced by surprise in 2017 at the Tesla Semi Unveiling event.