Elon Musk challenges Twitter CEO Parag Agrawal in bot debate

Elon Musk challenges Twitter CEO Parag Agrawal in bot debate

Centi-billionaire Elon Musk has provoked Twitter and challenged company CEO Parag Agrawal to a ‘public debate’ over fake accounts and spam amid a contentious legal battle over a $44 billion acquisition. Musk filed an offer with the Securities and Exchange to acquire Twitter in April of this year. After the companies agreed to move forward … Read more

California DMV says Tesla FSD, misleading Autopilot marketing

California DMV says Tesla FSD, misleading Autopilot marketing

Brand new Tesla cars sit in a parking lot at a Tesla showroom on June 27, 2022 in Corte Madera, California. Justin Sullivan | Getty Images News | Getty Images The California Department of Motor Vehicles has accused Tesla of engaging in deceptive practices regarding the marketing of its driver assistance systems, which are branded … Read more

GM Super Cruise hands-free system expands to cover 400,000 miles

GM Super Cruise hands-free system expands to cover 400,000 miles

This green light means you can take your hands off the wheel. Just keep your eyes on the road! Mc Hogan | CNBC DETROIT – General Motors is expanding its hands-free Super Cruise system to the United States and Canada later this year, introducing the feature for non-interstate roads and highways such as Route 66 … Read more

Ford CEO Farley outlined plans for automaker’s electric vehicle switch

Ford CEO Farley outlined plans for automaker’s electric vehicle switch

Electric vehicle batteries are in short supply and the costs of materials such as nickel and cobalt are rising. Still, incumbent automaker Ford Motor said it plans to profitably build millions of electric vehicles a year in just four years. This week, the Detroit automaker gave investors a bit more clarity on how it plans … Read more

Apple Q3 2022 Earnings Preview: Macro Concerns Dominate

Apple Q3 2022 Earnings Preview: Macro Concerns Dominate

Apple Inc. CEO Tim Cook speaks during the Apple Worldwide Developers Conference at the Apple Park campus in Cupertino, California, U.S., Monday, June 6, 2022. David Paul Morris | Bloomberg | Getty Images Apple releases its results for the quarter ended in June on Thursday. Apple’s fiscal third quarter is typically the company’s smallest in … Read more

Facebook’s stumbling ad business at the center of Big Tech’s revenue

Facebook’s stumbling ad business at the center of Big Tech’s revenue

The Meta Platforms logo is seen in Davos, Switzerland on May 22, 2022. Arnd Wiegman Reuters It’s earnings palooza week for Big Tech, with the four most valuable US companies plus Meta all posting quarterly results. Alphabet and Microsoft kick off the action on Tuesday, with Apple and Amazon wrapping things up on Thursday. On … Read more

UBS on how to invest in electric vehicles, the growing adoption of electric vehicles

UBS on how to invest in electric vehicles, the growing adoption of electric vehicles

Demand for electric vehicles is set to explode over the next few decades – and UBS has identified a theme for investors to take advantage of this electrification. UBS said increasing amounts of electronic content in vehicles will lead to new supply chains as automakers increasingly work directly with semiconductor companies and new technology players. … Read more

Volkswagen CEO Diess resigns by surprise

Volkswagen CEO Diess resigns by surprise

New York CNN Business — The CEO of Volkswagen leaves his post by surprise, effective September 1. The company announced on Friday that CEO Herbert Diess will be replaced by Oliver Blume, the head of Volkswagen’s Porsche performance car division (VLKAF). Volkswagen, the world’s second-largest automaker, did not provide a reason for Diess’ exit. But … Read more

Northvolt, backed by Volkswagen, will develop wood-based batteries for electric vehicles

Northvolt, backed by Volkswagen, will develop wood-based batteries for electric vehicles

This 2007 image shows logs and wood chips outside a Stora Enso paper mill in Finland. The company claims it is “one of the largest private forest owners in the world”. Suzanne Plunkett | Bloomberg | Getty Images Northvolt will partner with Stora Enso to develop batteries that incorporate components produced from wood sourced from … Read more

Here are Jim Cramer’s tips for navigating this season of uncertain results

Here are Jim Cramer’s tips for navigating this season of uncertain results

Earnings season is in full swing on Wall Street, and CNBC’s Jim Cramer said Monday that investors would be wise to take a wait-and-see approach to stocks of companies that are about to report quarterly numbers. “In this environment, it will always be fragile on the upside and easy on the downside, because the bears… … Read more