Technology
Tesla AI leader Andrej Karpathy announces he’s leaving the company
A Tesla Model S car equipped with Autopilot David Paul Morris | Bloomberg | Getty Images Tesla AI and Autopilot leader Andrej Karpathy announced Wednesday that he’s no longer working for the electric vehicle maker. “It’s been a great pleasure to help Tesla towards its goals over the last 5 years and a difficult decision […]
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Uber sued by more than 500 women over sexual assault claims
An iPhone displays the Uber ride-hailing app on 26 September 2017, in Hong Kong. studioEAST | Getty Images Uber is being sued by more than 500 women who claim they were assaulted by drivers on the platform. The complaint, filed Wednesday, claims that “women passengers in multiple states were kidnapped, sexually assaulted, sexually battered, raped, […]
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Panasonic reportedly building new factory in Kansas to produce batteries for Tesla and rest of EV industry
An aerial view of the Tesla Gigafactory near Sparks, Nevada Bob Strong | Reuters Panasonic is planning to build a new battery factory in Kansas to produce high-capacity cells for Tesla, according to a report out Wednesday from Nikkei Asia. Kansas Gov. Laura Kelly, a Democrat, has scheduled a news conference in Topeka today at […]
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LGBTQ harassment, slurs abound on social media, per GLAAD report
Social media platforms including Facebook and TikTok are failing to stop hate and threats against LGBTQ users, a report issued Wednesday from advocacy group GLAAD found. Those are some of the internet’s most vulnerable users, with a majority of LGBTQ people saying they’ve faced menacing posts or comments when they’re scrolling through social media. But it’s unclear how […]
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IPO market stays dormant as Justworks and Fresh Market withdraw their filings
A person checks her phone at Wall Street near the New York Stock Exchange (NYSE) in New York on May 27, 2022. Angela Weiss | AFP | Getty Images The IPO market has been frozen for most of 2022, and it shows no signs of reopening. On Wednesday, software vendor Justworks and food retailer Fresh […]
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Bill Gates donates $20 billion to personal foundation as it works to ramp up spending
Bill Gates, co-founder of Microsoft and Chair of the Gates Foundation, walks to a morning session during the Allen & Company Sun Valley Conference on July 08, 2022 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Bill Gates announced Wednesday he’s donating $20 billion to the Bill & Melinda Gates Foundation this month as […]
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Here are Wednesday’s biggest analyst calls: Amazon, Apple, Tesla, Netflix, Twitter, Snowflake & more
Here are Wednesday’s biggest calls on Wall Street: KeyBanc initiates Lyft and Uber as equal weight KeyBanc said the ride-sharing companies need to prove that profitability is sustainable. “For Uber profitable growth is necessary to prove out. Investors already view Uber as a LT outperformer due to its scale. … . For Lyft , profitability […]
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Apple hovers above competition even as smartphone market stumbles, sources say
Tim Cook introduces iPhone 13 Source: Apple Inc. The global smartphone market may be in the toilet, but the iPhone 13 continues to sell well, and Apple is expecting its upcoming iPhone 14 to do even better at launch. Apple’s slightly higher expectations for the forthcoming iPhone 14 underscore a growing belief among Wall Street analysts […]
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Here are Twitter’s biggest accusations against Musk in its lawsuit
NEW YORK, NEW YORK – MAY 02: Elon Musk attends The 2022 Met Gala Celebrating “In America: An Anthology of Fashion” at The Metropolitan Museum of Art on May 02, 2022 in New York City. (Photo by Theo Wargo/WireImage) Theo Wargo | Wireimage | Getty Images Twitter has filed suit against Elon Musk to seek […]
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Unity shares down 13% on lowered 2022 guidance, merger agreement with IronSource
IronSource at the NYSE Source: NYSE Shares of Unity fell 13% Wednesday morning after it lowered 2022 guidance and announced a merger agreement with IronSource. IronSource shares surged nearly 50%. The company lets game developers manage advertising and marketing, and view engagement through dashboards and other tools that show how agame is performing. In tandem […]
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