CNN — Consumer resilience has helped keep the economy strong during the Federal Reserve’s rate-hiking cycle. But will this strength continue or will it fade away? It depends where you look. From Beyoncé’s “Renaissance” tour to the “Barbenheimer” trend to Taylor Swift’s “Eras” shows, US consumers have increased their spending power despite the slowdown in … Read more
The social network Twitter, recently renamed X, has requisitioned The @music username comes from open-source software developer Jeremy Vaught, who told CNBC he created the account in 2007 and has grown a community of around half a million followers there. While Elon Musk-led X Vaught had no choice but to give up the coveted username … Read more
Tesla CEO Elon Musk said Friday that he plans to collaborate with the automaker on both the “silicon space” and “AI software” space for his newest venture, artificial intelligence startup xAI. During Friday’s live audio session on Twitter Spaces, Musk also said xAI will use Twitter data to train the “highly curious” artificial intelligence systems … Read more
It is expected that more than half of all new cars sold in the US by 2030 will be electric vehicles. That could put a huge strain on our country’s electrical grid, an aging system created for a world run on fossil fuels. According to an analysis by the Rapid Energy Policy Evaluation and Analysis … Read more
Dustin Moskovitz, co-founder and CEO of Asana. asana The typical playbook for a successful tech founder looks something like this. Start a business with full ownership. Sell significant portions to venture capitalists as the business progresses. Eventually become a minority owner. Take the company public. Sell more inventory over time. Asana’s Dustin Moskovitz took that … Read more
A Tesla Model Y is seen at a Tesla car lot in Austin, Texas on May 31, 2023. Brandon Bell | Getty Images A security researcher using the @GreentheOnly handle discovered a secret environment in Tesla vehicles, which can be activated by the company and allow a driver to take advantage of Tesla’s advanced driver … Read more