Tag Archives: TEC08

Musk delivers first Tesla truck, but no updates on production and pricing

Tesla ships first Semi to PepsiCo five years after introducing it No order details or capacity for electric truck Semi uses existing Tesla engines to introduce new Supercharger Dec 1 (Reuters) – Tesla Inc (TSLA.O) Chief Executive Elon Musk delivered the company’s first semi-heavy truck on Thursday to PepsiCo (PEP.O), without offering updated forecasts on… Read More »

Wall Street ends mixed; Salesforce liquidation pressures Dow

Salesforce abandons co-CEO exit plan Dollar General falls on reduced full-year profit outlook US production shrinks for the first time in 2½ years in November End of indices: S&P 500 -0.08%, Nasdaq +0.13%, Dow -0.56% Dec 1 (Reuters) – Wall Street ended mixed on Thursday as a selloff in Salesforce weighed on the Dow as… Read More »

Elon Musk expects Neuralink brain chip to start human trials in 6 months

Nov 30 (Reuters) – Elon Musk said on Wednesday he expects a wireless brain chip developed by his company Neuralink to begin human clinical trials within six months, after the company missed earlier deadlines set by him. The company is developing brain-chip interfaces that it says could help disabled patients move and communicate again, with… Read More »

Sam Bankman-Fried says he ‘never tried to commit fraud’

NEW YORK, Nov 30 (Reuters) – Sam Bankman-Fried, founder and former CEO of now bankrupt cryptocurrency exchange FTX, tried to distance himself from suggestions of fraud in his first public appearance since his company’s collapse, which stunned investors. investors and left creditors facing billions of dollars in losses. Speaking via video link at the New… Read More »

S&P 500 ends lower as Apple falls and traders eye Powell speech

Investors look to Powell’s speech for clues about interest rates US Consumer Confidence Falls in November S&P 500 -0.16%, Nasdaq -0.59%, Dow +0.01% Nov 29 (Reuters) – The S&P 500 ended lower on Tuesday, with losses at Apple Inc and Amazon Inc ahead of an upcoming speech by Federal Reserve Chairman Jerome Powell that could… Read More »

Iran’s Khamenei praises Basij forces for confronting ‘rioters’

DUBAI, Nov 26 (Reuters) – Supreme Leader Ayatollah Ali Khamenei said on Saturday that Iranian Basij militia forces had sacrificed their lives in what he called the riots, the wave of protests sparked by the death in custody of a young Kurdish woman. Iranian in September. The protests that began after the death of 22-year-old… Read More »

India’s first private rocket company wants to cut satellite costs

BENGALURU, Nov 26 (Reuters) – The startup behind India’s first private space launch plans to put a satellite into orbit by 2023 and hopes to be able to do so at half the cost of established launch companies, the founders of Skyroot Aerospace have said. told Reuters in an interview. The Hyderabad-based company, backed by… Read More »

Reality shatters some Qatar dreams of World Cup rental bonanza

Agency says Qatari hotel group demanded new payments Some reduced rates, but many empty properties Realtor says some landlords were chasing unrealistic rents DOHA, Nov 25 (Reuters) – Qatar has faced an unexpected glut of rooms in the busy group stage of the World Cup, with online portals showing rooms in at least 42 hotels… Read More »

China’s COVID-19 restriction slows fuel reaction

BEIJING, Nov 25 (Reuters) – Frustration boiled over in China among residents and business groups navigating tighter COVID-19 control restrictions, as the country on Friday reported another all-time high of daily infections just weeks later. raising hopes for easing measures. The resurgence of COVID cases in China, with 32,695 new local infections reported on Thursday… Read More »

Foxconn’s woes will have a bigger impact on the giant iPhone factory in China as more workers leave, source

November shipments from Foxconn factory in Zhengzhou will fall further: source Factory workers’ unhappiness turned into protests this week More than 20,000 workers, mostly new recruits, left – source TAIPEI, Nov 25 (Reuters) – Foxconn’s main iPhone factory (2317.TW) in China is expected to see its November shipments reduced further due to the latest outbreak… Read More »