Tesla’s profits dropped a staggering 71% in the first quarter of the year, with revenue and auto sales declining by 9% and 20%, respectively. The company delivered 336,681 cars in the quarter, 50,000 fewer than last year. Elon Musk will reduce his time commitment to the Department of Government Efficiency (DOGE) to focus on Tesla, … Read more
US regulators have asked Novavax to conduct another clinical trial of its Covid vaccine, prompting a 13% drop in the company’s shares. This request comes as part of a “post-marking commitment” by the FDA, seeking more data on the safety and efficacy of the product after it has been approved. The news was reported by … Read more
Seattle Seahawks General Manager John Schneider has revealed that Jalen Milroe was “damn close” to being considered the team’s highest-rated quarterback, according to Schneider. However, he emphasized that Milroe is a unique player who will be developed as a quarterback and add something special to the team. Schneider praised Milroe’s speed, which measured at 21.2 … Read more
Google has launched its text-to-video generator tool, Veo 2, which uses artificial intelligence (AI) to create short videos up to 8 seconds in length and at 720p resolution. The tool is currently exclusive to paid Gemini users but will be gradually rolled out to all paid subscribers. To get the best results with Veo 2, … Read more
A former Disney World staffer, Michael Scheuer, has been sentenced to three years in prison and fined $700,000 for hacking into the company’s computer system and altering menu allergen warnings. Scheuer, 40, from Florida, was found guilty of knowingly transmitting a program to a protected computer, intentionally causing damage, and aggravated identity theft. The hack … Read more
Pope Francis’s funeral was marked by traditional rituals and customs that date back centuries, leaving visitors wondering what it would have been like in the past. Unlike modern-day arrivals who fly in on Ryanair or private jets, today’s mourners followed in the footsteps of generations of Catholics, who arrived on foot or horseback. The crowd … Read more
A technical issue is preventing you from accessing certain content due to geo-restrictions. This means that the content you’re trying to view is only available in specific regions or countries. The reason for this restriction varies depending on the provider and the type of content. It could be due to copyright laws, licensing agreements, or … Read more
US President Donald Trump has eased pressure on the Federal Reserve by refraining from attacking the dollar as part of his trade negotiations, bringing relief to the global economy. In a surprise move, Trump announced that the US would remain committed to its participation in international organizations such as the IMF and World Bank. The … Read more
A former Disney employee, Michael Scheuer, has been sentenced to three years in prison for hacking into the company’s internal system after being fired. The 41-year-old father of three had made several changes to restaurant menus, including adding profanity and removing allergen warnings for ingredients that can be deadly. Scheuer was terminated from his role … Read more
Google parent Alphabet (GOOGL.O) has reassured tech investors that its AI investments are driving ad sales, downplaying the impact of global economic uncertainty on its business. The search giant’s first-quarter profit and revenue beat expectations, with shares rising 4% in extended trading. Alphabet’s ad revenue growth outpaced analyst predictions, reaching $66.89 billion, a 8.5% increase … Read more