Tesla hasn’t yet shipped the Cybertruck or the full-size Cyberquad that made an impression at the unveiling of its Blade Runner-esque pickup truck, but if you purchase one now from its website, you can get a mini Cyberquad built for the kids in 2-4 weeks. The Tesla “Cyberquad for Kids” is available for $1,900 on…
Square, a financial services firm co-founded by now-former Twitter CEO Jack Dorsey, has changed its name to Block. Square has expanded outside banking services, as seen by its recent acquisition of a majority share in music streaming provider Tidal, which Block is citing to justify the new moniker. The new name, starting Dec. 10, “acknowledges…
In addition to his promotion, Twitter’s new CEO will be paid handsomely. According to records filed with the Securities and Exchange Commission, Parag Agrawal, who served as the social network’s chief technical officer until Jack Dorsey’s stunning departure on Monday, will be paid a $1 million yearly salary. Agrawal, 37, will also be eligible for…
Twitter CEO Jack Dorsey will leave the company he co-founded a decade and a half ago, according to a statement released by the company on Monday. Dorsey will remain a member of the board until his term expires at next year’s stockholders’ meeting, according to the firm. Parag Agrawal, a board member and former chief…
Tesla announced on Friday that it has withdrawn its application for state aid for its proposed battery factory near Berlin, after CEO Elon Musk declared his company’s opposition to government subsidies. The European Union agreed a proposal in January that includes offering state funding to Tesla, BMW, and other companies to encourage the development of…
For the fiscal year 2022, which begins on Oct. 1, the Walt Disney Company aims to increase its overall content spending to $33 billion. The company’s annual report, which was submitted with the Securities and Exchange Commission on Wednesday, contained details about the previous year and its outlook for the coming year. The $33 billion…
Ford Motor and Rivian confirmed on Friday that they will no longer collaborate on an electric vehicle. When Ford invested $500 million in Rivian in 2019, the two firms said they were working on a combined vehicle. They then stated that it would be for Ford’s high-end Lincoln brand, but those plans were scrapped last…
As rivalry in China’s new energy vehicle industry heats up, Xpeng introduced a new electric sports utility vehicle on Friday. Xpeng’s fourth manufacturing model is the G9. According to a source close to the situation, the car would be released in China in the third quarter of 2022. Because the situation is private, the person…
President Joe Biden announced on Thursday that the United States has purchased 10 million courses of Pfizer’s Covid treatment tablet, an oral antiviral medicine that was shown in a clinical trial to be very successful in reducing hospitalisation among high-risk patients. Paxlovid, the tablet, has the potential to revolutionise the fight against the virus by…
Apple has launched a new subscription service for small businesses called Apple Business Essentials. Business Essentials, as Apple is calling the service, is like management software that organizations, for example, Microsoft Corp or VMware Inc offer to huge business for setting up and keeping secure their armadas of telephones, PCs and tablets. Incorporating gadget the…