Tag Archives: CNBC

Elon Musk’s support for Trump pushes a corporate customer away from Tesla

Posted on August 6, 2024 by Techme101

Rossmann announced Tuesday it will no longer buy Teslas for its fleet, effective immediately, citing CEO Elon Musk’s pro-Trump political activism.

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Super Micro announces 10 for 1 stock split

Posted on August 6, 2024 by Techme101

Super Micro announced a 10-for-1 stock split and issued upbeat guidance for the first quarter.

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Reddit reports better-than-expected results for second quarter as digital ad market improves

Posted on August 6, 2024 by Techme101

Reddit reported better-than-expected results in the second quarter, boosted by data-licensing revenue.

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Airbnb shares drop 14% on earnings miss as company warns of slowing U.S. demand

Posted on August 6, 2024 by Techme101
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Microsoft fires back at Delta after massive outage, says airline declined ‘repeated’ offers for help

Posted on August 6, 2024 by Techme101

Microsoft said Delta turned down several offers for help during the flight disruptions following the outage.

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Elon Musk’s X sues advertisers over alleged ‘massive advertiser boycott’ after Twitter takeover

Posted on August 6, 2024 by Techme101

The company formerly known as Twitter filed the lawsuit against the World Federation of Advertisers and member companies Unilever, Mars, CVS Health and Orsted.

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Elon Musk slammed by government after comments on UK riots

Posted on August 6, 2024 by Techme101

The U.K. government hit back at Elon Musk after the billionaire made controversial comments about far-right riots taking place across the country.

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China launches its rival to Elon Musk’s Starlink internet satellites

Posted on August 6, 2024 by Techme101

By 2025, China is aiming to deploy 648 satellites of the “Thousand Sails Constellation” to create global internet coverage, according to state media CCTV.

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Crytpo ETFs get first major test after $370 billion market sell-off

Posted on August 6, 2024 by Techme101

The huge plunge in the crypto market on Monday will test the resolve of investors new to the market through spot ETFs.

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Bitcoin miner Core Scientific rides AI from bankruptcy to $6.7 billion partnership in eight months

Posted on August 6, 2024 by Techme101

Bitcoin miner Core Scientific is expanding its AI business through a $6.7 billion partnership with cloud company CoreWeave.

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