A Ford F-150 Lightning electric truck is showcased at the 2022 North American International Auto Show NAIAS in Detroit, United States, on September 14, 2022. Image: Michael Strong | Xinhua News Agency | Getty Images Ford Motor has announced a significant reduction in prices for its electric F-150 Lightning pickup truck. The company attributes this …
In this photo illustration, a visual representation of the digital Cryptocurrency Ripple is displayed on January 30, 2018 in Paris, France. Chesnot | Getty Images Blockchain startup Ripple is confident that U.S. banks and financial institutions will show interest in adopting its cryptocurrency XRP for cross-border payments. This comes after a landmark ruling determined that …
Emad Mostaque, founder and CEO of Stability AI, spoke at the Bloomberg Technology Summit in San Francisco, California, on June 22, 2023. Image Source: David Paul Morris | Bloomberg | Getty Images The CEO of open-source AI company Stability AI predicts that artificial intelligence will become the biggest bubble in history. During a call with …
Tucker Carlson, former Fox News host, has secured a lucrative advertising deal for his new Twitter show. The seven-figure agreement is with Public Square, a shopping app that positions itself as the go-to platform for conservatives fighting against environmental, social, and governance policies. The deal suggests that Carlson is leveraging his program to attract conservative-friendly …
According to Barry Diller, chairman and CEO of IAC/InterActiveCorp, the ongoing strikes by the writers’ and screen actors guilds in Hollywood may have devastating effects if left unresolved. In an interview on CBS’ “Face the Nation,” Diller emphasized the urgent need for a settlement to prevent potential collapse in the industry. Diller, a former CEO …
During a press briefing at the White House on December 12, 2022, U.S. White House national security adviser Jake Sullivan expressed his concerns about a “small group” of House Republicans who have cleverly inserted a variety of domestic-focused amendments into the National Defense Authorization Act. Sullivan argued that this move essentially creates a trap, preventing …
In Barcelona, Spain, during the Mobile World Congress 2023 (MWC), the largest annual gathering in the telecommunications industry, visitors are seen walking around the Lucid Air. The photograph was taken on February 28, 2023 by Chris Jung of Nurphoto for Getty Images. Luxury electric vehicle manufacturer Lucid Group announced on Wednesday that it delivered 1,404 …
Elon Musk, the CEO of SpaceX, Twitter, and electric car manufacturer Tesla, addressed the negative cash flow at Twitter in a tweet on Saturday. Musk attributed the financial struggle to a nearly 50% drop in advertising revenue and heavy debt. He expressed the need to achieve positive cash flow before pursuing any other objectives. Musk …
Investors may consider reducing their exposure to international markets at this time and focusing on domestic opportunities. Kim Arthur, CEO of Main Management, believes that global markets will face significant challenges due to the weakening US dollar. “The future performance of international stocks compared to US stocks is heavily influenced by the movement of the …
New York City’s iconic yellow taxis have long been a symbol of the bustling metropolis. However, it may come as a surprise that taxi drivers represent only around 10% of the total driver landscape in the city. This shift in the transportation industry has been largely attributed to the rise of Uber and Lyft, which …