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Tesla CEO Elon Musk looks on as U.S. President Donald Trump speaks to the press as they stand next to a Tesla vehicle on the South Portico of the White House in Washington, D.C., on March 11, 2025. Mandel Ngan | AFP | Getty Images Tesla shares rose for a second straight day in early…
A Northvolt building in Sweden, photographed in February 2022. Mikael Sjoberg | Bloomberg | Getty Images Struggling electric vehicle battery manufacturer Northvolt on Wednesday said it has filed for bankruptcy in Sweden. The firm said it that it submitted the insolvency filing after an “exhaustive effort to explore all available means to secure a viable…
Marc Benioff, Chairman & CEO of Salesforce, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Gerry Miller | CNBC Salesforce on Wednesday announced plans to invest $1 billion in Singapore over the next five years. The cloud software giant said the investment is designed to accelerate the…
DOGE chief Elon Musk said Monday that he is running his businesses “with great difficulty,” as shares of his automotive firm Tesla suffered their worst drop in a half-decade, and as his social media company X experienced several outages. Musk also said during an interview on Fox Business that he expected to remain in the…
Hinge Health’s Enso product. Courtesy: Hinge Health Hinge Health, a provider of digital physical therapy services, filed to go public on Monday, the latest sign that the IPO market is starting to crack open. Hinge Health uses software to help patients treat musculoskeletal injuries, chronic pain and carry out post-surgery rehabilitation remotely. The company’s revenue last…
Tesla’s sell-off on Wall Street intensified on Monday, with shares of the electric vehicle maker plunging 15%, their worst day on the market since September 2020. On Friday, Tesla wrapped up a seventh straight week of losses, its longest losing streak since debuting on the Nasdaq in 2010. The stock has fallen every week since…
Asana CEO and Facebook co-founder Dustin Moskovitz PATRICIA DE MELO MOREIRA | AFP | Getty Images Dustin Moskovitz, the CEO of Asana and one of the original founders of Facebook, is retiring from the software company he started in 2008. Asana announced Moskovitz’s retirement on Monday as part of the company’s fiscal fourth-quarter earnings report,…
A satellite dish in a ground network of satellites at Eutelsat’s Madeira office. Photographer: /Bloomberg via Getty Images Zed Jameson | Bloomberg via Getty Images Shares of French satellite operator Eutelsat skyrocketed almost 390% last week — and a potential change of tack in European defense has been helping the rally. The firm’s stock price…
A mural depicting Samsui women in Chinatown in Singapore. Edwin Koo | Getty Images From listening devices that detect falls to “patient sitter” systems in hospitals and robots helping with exercise in care homes, Singapore is looking to artificial intelligence to help manage the health of its elderly population. By 2030, a quarter of Singaporeans…
A person walks past the entrance to a Google building in Dublin, Feb. 15, 2023. Artur Widak | Anadolu | Getty Images After landing internship offers from Amazon, Meta and TikTok, computer science student Chungin “Roy” Lee has decided to move to San Francisco. But he won’t be joining any of those companies. Instead, Lee will…
