Sonali Ray, writer Brief news China’s Finance Minister announced potential expansion of debt and deficit, indicating room for growth but no immediate fiscal support disclosed. […]
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Boeing will lay off 17,000 workers as the plant strike’s losses worsen.
Rohit Baniwal, writer Brief news Boeing will reduce its workforce by 10% (approximately 17,000 employees) due to ongoing losses and a machinist strike affecting production. […]
Following the unimpressive reveal of Cybercab robotaxi, Tesla shares fall by 9%.
Nandini Roy Choudhury, writer Brief news Tesla’s shares dropped 9% after CEO Elon Musk unveiled the Cybercab self-driving concept at the “We, Robot” event, which […]
Elon Musk shows the $30,000 Tesla self-driving Cybercab and the bigger Robovan at the robotaxi presentation,
Nandini Roy Choudhury, writer Brief news Elon Musk showcased Tesla’s Cybercab concept at the “We, Robot” event, revealing plans for a low-cost, autonomous vehicle priced […]
Leading Wall Street banks provide a $650 million credit line to Nvidia-backed CoreWeave.
Nandini Roy Choudhury, writer Brief news CoreWeave secured a $650 million credit line to expand its AI business and data center portfolio, following $12.7 billion […]
The Tesla robotaxi event follows ten years of unmet Elon Musk promises
Anamika Dey, editor Brief news Tesla’s upcoming robotaxi event, dubbed CyberCab, faces skepticism due to past unfulfilled promises of autonomous vehicles and safety concerns, including […]
OpenAI chair Bret Taylor discusses AI agents, regulation, and tech boom.
Nandini Roy Choudhury, writer Brief news – Bret Taylor, chairperson of OpenAI, discussed his AI venture Sierra, aimed at helping businesses create AI agents for […]
A DC lawsuit examines TikTok’s purported usage of virtual cash akin to a casino to abuse minors.
Anamika Dey, editor Brief news A bipartisan group of 13 state attorneys general, led by D.C. AG Brian Schwalb, filed lawsuits against TikTok for allegedly […]
The FAA may grant SpaceX a license to launch the next Starship in time for Sunday’s attempt.
Rohit Baniwal, writer Brief news SpaceX is seeking FAA approval for its fifth Starship launch, potentially as early as October 13, despite previous delays and […]
The DOJ has indicated that it is exploring Google’s breakup following the monopoly verdict
Nandini Roy Choudhury, writer Brief news The DOJ issued guidelines suggesting potential antitrust sanctions against Google, including contract prohibitions and structural remedies to prevent monopoly […]