Carmaker’s shares fell this week over concerns CEO would offload stock to help fund takeover of platform Elon Musk has sold almost $4bn (£3.2bn) worth of Tesla shares since securing his $44bn deal to take control of Twitter. Musk, the electric carmaker’s chief executive, sold the stock on Tuesday and Wednesday, according to a regulatory …
Elon Musk sells almost $4bn worth of Tesla shares after Twitter deal Read More »
Tech giant’s revenues grew at a sluggish 7% in the first quarter to $116.4bn as shoppers switch back to bricks and mortar Amazon announced its first loss since 2015 on Thursday as sales slowed, costs rose and its investment in electric vehicle company Rivian wiped out profits. The news sent Amazon’s shares tumbling by 10% …
Amazon sees first loss since 2015 as shares tumble 10% Read More »
The tech giant saw nearly $3t in profits despite challenges created by the Russia-Ukraine war and the global supply chain Apple on Thursday reported quarterly results that topped analysts’ projections despite supply shortages, economic fallout from the Russia-Ukraine war and a comedown from the huge sales lift that technology products and service got from pandemic …
Apple reports positive results despite shortages and economic fallout Read More »
Founder says his company is committed to augmenting the real world rather than replacing it The Snapchat founder, Evan Spiegel, has dismissed Facebook’s “metaverse” ambitions as “ambiguous and hypothetical” as he announced a raft of new augmented reality features coming to phones and Snap’s experimental AR Spectacles over the next year. Speaking ahead of the …
Snapchat’s Evan Spiegel dismisses Facebook’s metaverse as ‘hypothetical’ Read More »
Reclaim These Streets joins running groups in calling ad insensitive ‘especially in light of Ashling Murphy’ A Samsung advertisement featuring a woman jogging alone at 2am has been criticised as “unrealistic” and insensitive. The ad, titled Night Owls, which was promoting the Galaxy Watch4, Galaxy Buds 2 and Galaxy S22 phone, features a young woman …
Samsung ad featuring woman running alone at 2am criticised as ‘naive’ Read More »
World’s richest man aims to reassure followers saying he will not seek to politicise social media network Controversy grows after Musk engages with tweets criticising staff Elon Musk has said Twitter must be “politically neutral”, in a comment posted last night after a wave of account deletions by left-leaning users on the social media network. …
Elon Musk says Twitter must be ‘neutral’ as wave of leftwing users quit Read More »
Information released under data protection laws sheds light on apparent effort to undermine Canadian research group Citizen Lab When Downing Street was recently named as the suspected victim of a phone hack by the United Arab Emirates using the Israeli-made spyware, Pegasus, few were surprised at who was behind the discovery. The Citizen Lab at …
Private equity executive sought to undermine NSO critics, data suggests Read More »
He’s been incubating his latest work for the past two years. Now the Canadian film-maker is auctioning it off to the crypto community – and what an incredible bargain it is Nothing on earth is quite as depressing as the moment a celebrity starts getting into NFTs. There you’ll be, quite happy following them on …
Body shock: why Cronenberg’s kidney stones could be the saviour of NFTs Read More »
What is driving the box-office success of Sonic the Hedgehog 2, reboots of classic games such as Crazy Taxi and even talk of a Sega Cinematic Universe? Sega, it seems, is having a moment. The veteran publisher’s movie sequel Sonic the Hedgehog 2 has become a huge box office success, hitting $300m in revenue, despite …
Unicef says virus is ‘canary in the coalmine’ that shows up the gaps in vaccination campaigns for preventable illness Measles cases have surged nearly 80% worldwide this year amid disruption caused by Covid-19, the UN has said, warning that the rise of the “canary in a coalmine” illness indicated that outbreaks of other diseases were …
