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Category Archives: Tech
Tesla profits drop 71% on weak sales and anti-Elon Musk sentiment
Tesla’s flailing sales figures have put the company closer to the red than it has been in years, according to financial results released Tuesday, threatening one of its biggest advantages over other EV players. The electric automaker reported $409 million … Continue reading
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A Chinese AI video startup appears to be blocking politically sensitive images
A China-based startup, Sand AI, has released an openly licensed video-generating AI model that’s garnered praise from entrepreneurs like Microsoft Research Asia founding director Kai-Fu Lee. But Sand AI appears to be censoring images that might raise the ire of … Continue reading
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Tesla earnings Q1 2025: What we’re watching for
This might be the most hyped Tesla earnings in recent memory. And not for all the right reasons. Tesla has taken many hits this year as its CEO Elon Musk leans further into right-wing politics and oversees DOGE, the advisory … Continue reading
Meta could take a $7 billion hit this year because of Trump’s tough China tariffs
Meta’s core online advertising business could take a $7 billion hit this year due to China tariffs impacting retailers in the country.
Vibe coding helps Supabase nab $200M at $2B valuation just seven months after its last raise
In 2020, when open source database Supabase was founded, its New Zealand-based CEO, Paul Copplestone, couldn’t have imagined it would be sitting in the sweet spot for 2025’s biggest trend: vibe coding. But on Tuesday, the fruits of that became … Continue reading
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Character.AI unveils AvatarFX, an AI video model to create lifelike chatbots
Character.AI, a leading platform for chatting and roleplaying with AI-generated characters, unveiled its forthcoming video generation model, AvatarFX, on Tuesday. Available in closed beta, the model animates the platform’s characters in a variety of styles and voices, from human-like characters … Continue reading
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Tesla short sellers have made $11.5 billion from this year’s selloff
Tesla has been the biggest winner for short sellers this year, beating out Nvidia, according to data from S3 Partners.
Instagram launches Edits app for video, rivaling TikTok
Instagram’s Edits app includes background replacement, automatic captioning and artificial intelligence tools that can turn images into video.
Tesla set to report first-quarter results after the bell
Tesla’s first-quarter earnings report lands as investors reckon with a steep slide in the company’s stock price.
Meta releases its CapCut rival Edits globally
Meta announced on Tuesday that it’s officially launching Edits, its CapCut-like video-creation app. Releasing globally, Edits will allow creators to do things like keep track of video ideas, get inspiration for new content, and create videos with effects and AI … Continue reading