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TikTok is preparing to remove a key executive responsible for convincing the US government that the company was doing enough to stave off national security concerns about its connections to China, according to people familiar with the matter. Erich Andersen, the US-based general counsel for TikTok and its Chinese parent …
Tesla this week offered a slew of new information to investors ahead of its June annual shareholder meeting, including a rundown of various expenses that Elon Musk’s businesses billed each other. Among the companies where he serves as an executive, director or major stockholder, the total amount incurred from one …
Elon Musk postponed a visit to India which would have included a meeting with Prime Minister Narendra Modi, saying he must tend to pressing issues at Tesla Inc. “Unfortunately, very heavy Tesla obligations require that the visit to India be delayed, but I do very much look forward to visiting …
Wedbush analyst Dan Ives ramped up his warnings on a Tesla robo-taxi—if CEO Elon Musk makes it a priority and relegates a lower-priced electric vehicle to the back seat. The longtime Tesla bull told CNBC on Friday that such a move would be a gamble that could define the future …
The US House on Saturday put legislation forcing TikTok’s Chinese parent ByteDance Ltd. to divest its ownership stake on a fast-track to become law, tying it to a crucial aid package for Ukraine and Israel. A massive lobbying effort led by TikTok Chief Executive Officer Shou Chew failed to overcome …
Tesla Inc. cut prices of its best-selling Model Y, as well as the Model S and X, by $2,000 after disappointing first-quarter sales contributed to swelling inventory. The cheapest version of the Model Y is now $42,990 in the US, returning the sport utility vehicle’s starting price to the lowest it’s …
Tech companies such as OpenAI, Google and Meta are jostling for a lead in the AI arms race, fighting a shortage of engineers and advanced chips as they gear up for the huge growth expected in the coming years. But in the AI infrastructure sector, which includes the vital data …
According to a blog post from the Avail team, 354,605 wallet addresses are eligible to claim the 600 million tokens in their “unification drop.” Recipients are widespread, but the team said that they must be either blockchain ecosystem developers, testnet contributors, users of rollups (Polygon, zkSync, Starknet, Optimism, and Arbitrum), …
Alphabet Inc.’s Google has fired 28 employees after they were involved in protests against Project Nimbus, a $1.2 billion joint contract with Amazon.com Inc. to provide the Israeli government with AI and cloud services. The protests, which were led by the No Tech for Apartheid organization, took place Tuesday across Google …
Tech giant Google is catering to the increasing number of electric vehicle (EV) owners globally by enhancing its Maps service to make travel easier. In the coming weeks, Google Maps will provide even greater detail on the locations of EV chargers, especially those in multi-storey car parks by showing which …
Suku, a provider of Web3 tools, in collaboration with Alchemy and Privy, has launched SukuPay, “a simple, free and fully non-custodial global money transfer solution,” according to the team: “Leveraging account abstraction, SukuPay removes the need for initial setup like creating a wallet or remembering a seed phrase, while still …