Category Archives: Tech

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CNBC Daily Open: Tesla’s revenue rose — but so did its operating costs

Tesla’s revenue rose 12% year on year, the first increase in three quarters. Despite that, net income plunged 37% from a year earlier.

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As China’s 996 culture spreads, South Korea’s tech sector grapples with 52-hour limit

South Korea’s 52-hour workweek cap is stricter than the U.S. and Singapore but more flexible than much of Europe. Still deep tech founders and investors worry it’s too restrictive.

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Reddit sues Perplexity for scraping of posts, expanding user data battle with AI industry

In its latest data-rights battle with the AI industry, Reddit has launched a suit against Perplexity alleging the AI company illegally scraped its users’ posts.

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Elon Musk said Tesla’s robot will be ‘incredible surgeon,’ left Wall Street with no guidance on EVs

In Tesla’s quarter earnings call, Elon Musk and other executives talked a lot about the future but said little about the core business.

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CNBC Daily Open: Tesla’s increased costs outweighed its revenue growth

Tesla’s revenue rose 12% year on year, the first increase in three quarters. Despite that, net income plunged 37% from a year earlier.

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Amazon unveils prototype AI smart glasses for its delivery drivers

The tech giant says the glasses are designed for its delivery drivers rather than the general public.

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Elon Musk says Tesla ‘not about to replace Nvidia’ as EV maker develops chips for cars, robots

On Tesla’s earnings call, Elon Musk said that if the company has too many of its AI5 chips, it can use them in the data center.

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Tesla profits slide despite record revenue

Elon Musk’s electric car maker reported record revenue as US buyers rushed to secure a key tax credit.

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New Jersey sues Amazon for allegedly discriminating against thousands of pregnant warehouse workers

The state said the lawsuit follows a years-long investigation by its civil rights division into Amazon’s treatment of workers at warehouses across New Jersey.

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Elon Musk frets over controlling Tesla’s ‘robot army’ as car biz rebounds slightly

Tesla’s profit actually fell 37% compared to the same period last year, despite buyers rushing to take advantage of the expiring EV tax credit.

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