Google and Meta are Profiting from Temu’s U.S. Expansion
A huge online store Temu is at the top of Meta’s list of ads because it made the most money on the site in 2023. …
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Apple may buy Rivian After Canceling Apple Car
The subject of Apple acquiring Rivian was brought up in a Tesla Money Mafia group chat including X, Matty Mogul, the Tesla Podcast, and Jfilche, …
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Nissan, Fisker in Advanced Investment, Cooperation Talks
According to two people familiar with the talks, Nissan is close to investing in Fisker, a company that makes electric cars. If the deal goes …
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Andreessen Horowitz Nears $7 Billion Fundraise
Several people have told Axios that Andreessen Horowitz is about to close on up to $7 billion in new funds. This makes a16z even more …
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Mark Cuban’s Cost Plus Drugs will make its Drugs
Dr. Alex Oshmyansky, co-founder and chief executive officer of the Mark Cuban Cost Plus Drug Company, made the announcement Monday during a White House forum …
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Fisker Fears it may not Survive 2024 due to Cash Shortages
Even though more EVs are being sold, businesses that depend on plug-in power are not doing as well. Some of them might go out of …
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Apple Car Project Cost Over $10 Billion Before Cancellation
A story from The New York Times talks about the problems the project ran into while it was being built and says Apple spent more …
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There will be no more Apple Electric Cars
Bloomberg says that Apple has ended the long-rumored “Project Titan” work on making an electric car. It is said that the news was shared within …
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The Startup Simplifies Retailer AI Tool Creation
AI is going to be very important in the future of online shopping, but businesses will have to learn a lot quickly. AI models are …
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Amazon and Google Just Lost Value To Nvidia
On Monday, Nvidia’s market value surpassed that of fellow tech giants Amazon and Alphabet. This is an almost unbelievable accomplishment, given that Nvidia’s stock has …
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Bezos’ ex MacKenzie Scott sold $10B in Amazon shares in 2023
It sounds like a great deal. A regulatory report says that MacKenzie Scott, who used to be married to Jeff Bezos, sold about a quarter …
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Tesla Begins $3.6B Giga Nevada Semi with 4680 Cell Expansion
The $3.6 billion expansion of Tesla’s Gigafactory Nevada has begun. The new buildings will add 4 million square feet of manufacturing room and two new …
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Dua Lipa’s third album, a “tribute to UK rave culture,” will reflect Massive Attack and Britpop
Catch her or she’ll run away! Even though Dua Lipa hasn’t been seen or heard from much since Houdini came out at the end of …
LG Wants 57-Inch LCD Displays in Cars at CES 2024
At the moment, most cars have a big screen for entertainment in front of the driver. LG’s new display for cars is different. The company …
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IBM funds AI venture fund with $500M
IBM has put $500 million into a startup AI innovation fund to get it started. According to a news release, the fund will put its …
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Dua Lipa Regains Publishing Catalogue Rights
The music company TAP Music Publishing said today that Dua Lipa got the rights to her publishing catalog. The sale comes more than a year …
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Toyota EPU electric truck could challenge Ford Maverick hybrid
Over the weekend, Toyota showed off an idea of a small pickup truck that runs on electricity alone. It will be about the same size …
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Toyota Previewed EV Sports Car, Crossover
Toyota showed two fully electric concept cars on Monday. The designs look new and well-coordinated, and they may be a sign that production models are …
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Wireless Charging Company Wiferion sold by Tesla
To start with the confirmed deal, both Puls and Wiferion made comments about the new owners. Puls, a company that makes power electronics, writes, “Wireless …
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Tesla Cybertruck Performance Gets Model S Plaid Tri-Motor Drivetrain
The version with four motors is not going to happen, at least not yet. Elon Musk’s speed version will utilize the Model X and Model …
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Xiaomi-Backed Firm Unveils 425-hp SC-01 EV Sports Car
In China, the SSC SC-01 electric car is officially shown off. It is a speed electric vehicle that is light and quick. It has 425 …
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Amazon Invests $4B in OpenAI Alumni Anthropic, Beginning Microsoft-Google AI Cloud War
Reports say that Amazon has agreed to spend up to $4 billion on Anthropic, a startup that works with artificial intelligence. This comes as the …
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China Halted Supplying Two Valuable Minerals to Chipmakers
A month after Beijing put limitations on sales overseas, citing national security concerns, China’s exports of two rare minerals critical for manufacturing semiconductors plunged to …
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Hyundai Plans Georgia EV Production for Autumn 2024
On Tuesday, Hyundai’s senior U.S. executive hinted that the firm wants to speed up the building of its $7.6 billion manufacturing complex outside Savannah, Georgia, …
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Tesla Cybertruck Pre-Orders Exceed 2 Million
According to crowdsourced data, the number of pre-orders for Tesla Cybertrucks has risen above 2 million. Deliveries of the pickup truck, which debuted at the …
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iPhone 15 Gets USB-C, a Better Camera, and Dynamic Island
The USB-C port is the most notable new feature of the iPhone 15 and 15 Plus, which Apple just introduced. Finally! We’ve been hoping the …
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Mercedes Launches Longer-Range EV Than Tesla Amid China Threat
As part of its effort to take on Tesla Inc., Mercedes-Benz Group AG has introduced an electric vehicle with a more excellent range than any …
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Hyundai & LG will add $2 B to the Georgia EV Battery Plant
According to Hyundai Motor Group and LG Energy Solution, the automaker will need $2 billion and 400 additional battery manufacturers to build its huge electric …
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Dynamic Light Assist From Volkswagen is Groundbreaking
To sum up, it’s not standard on every Volkswagen, but it comes standard on the great majority. The ID.3, ID.4, and ID.4, as well as …
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Power Of The Hunch: Bootstrapping An Off-The-Wall Idea
It is common knowledge that before investing significant resources into a startup, one must conduct a thorough risk assessment. And as any shrewd counsel will …
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Stealth Startup 3D Prints Carbon using Seaweed and Coffee Grounds
People have said that 3D printing can move output back to the country where it was made and use less material overall than traditional methods. …
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Wedbush Values Tesla at $190 Billion
According to Dan Ives, an analyst at Wedbush, Tesla’s valuation may increase by $190 billion. In a letter, he defended a $50 increase in his …
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The largest Office Block in India is Bigger than Pentagon
Even though the diamond trade center is in Antwerp, Belgium, most diamonds come from mines in Russia and Africa. However, Surat, India, some 150 miles …
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