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Musk Is Pushing For Tesla's AI Goals To Be Powered By China Data

As part of a strategic move by Elon Musk, Tesla is moving forward with plans to power the worldwide development of its self-driving system using data from China that might be processed within the nation, according to people with knowledge of the effort.   As part of that endeavour, two...

Low Pricing Strategy Employed By Chinese Retailer JD.Com Helps Sales Surpass Projections

Price reductions and discount coupons helped Chinese online retailer JD.com raise sales after being negatively impacted by wary customers, as the company announced first-quarter revenue that above market projections.   In order to maintain their e-commerce market share in the second-largest...

Walmart's Optimistic Outlook Suggests A Tenacious Customer Base

In accordance with previous comments made by one of its major suppliers and a competitor retailer, Walmart's optimistic outlook for the retail industry indicated that American consumers were resilient.   According to Walmart officials on Thursday, American consumers are pulling out their...

EU Is Investigating Meta For Possible Child Safety Hazards

EU officials said on Thursday that Meta Platforms' social media platforms, Facebook and Instagram, will be examined for possible violations of EU online content regulations concerning child safety. If found in violation, the EU regulators might impose heavy fines.   The landmark Digital...

Walmart Raises Its Profit And Sales Projection For The Full Year

Walmart increased its prediction for the entire year and released first-quarter earnings on Thursday that were better than anticipated. The company is banking on lower inflation to boost sales of non-essential items like gadgets and clothes as well as food.   In premarket trading,...

Insiders Claim Musk's Neuralink Has Had Problems With Its Small Wires For Years

Neuralink, the Elon Musk-owned business, had been aware of the problem for years prior to its revelation last week that the minuscule wires within the brain of its first patient had come loose, according to five individuals acquainted with the situation.   According to three of the people,...

Foxconn's Q1 Earnings Will Rise From A Low Base As Growth Is Powered By AI

The largest contract electronics manufacturer in the world, Foxconn, based in Taiwan, is anticipated to release its first-quarter earnings results on Tuesday. The company attributed the strong demand for its AI servers to the profit more than doubling from a year earlier.   The firm said...

Elon Musk Had Praised The Executive Bench Which He Has Himself Now Overhauled

At Tesla's investor day in Texas a little over a year ago, Elon Musk was joined on stage by sixteen executives who provided in-depth presentations on the company's growth and technological strategies before forming a solidarity queue behind their leader.   In response to investor worries...

StanChart Profit Exceeds Revenue Growth Projections

A 5.5% increase in pretax profit for the first quarter was  reported by Standard Chartered PLC  which was over the expectations of analysts. The company attributed this improvement to higher interest rates as well as good performance from its markets trading operation, which helped...

Tesla's Self-Driving Ambition In China Confronts Rivals Rushing Ahead

If Tesla is successful in introducing its "Full Self-Driving" technology to China, the world's largest automotive market, the US electric-car pioneer will move into the lead in the worldwide race towards self-driving vehicles.   Musk arrived in Beijing on a quick trip that began Sunday to...

Elon Musk Will Talk About Allowing Fully Autonomous Driving In China

According to media sources, Elon Musk is in Beijing to talk about getting Tesla vehicles in China equipped with autonomous driving capabilities.   In order to train its algorithms, Musk intends to send data gathered in China to another country and activate Full Self Driving (FSD) in that...

India's MDH Claims That Despite Quality Claims, Its Spices Are Safe

The Indian spice manufacturer MDH declared that its goods are safe to eat and that it has not heard from Hong Kong or Singapore authorities regarding any claims of product contamination.   This month, sales of three MDH spice mixes and one Everest spice mix for fish curries were halted in...
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