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Latest
Tesla to recall 1.8 million vehicles in US over faulty hood latch detection
July 30, 2024 11:26 PM AEST| By InvezzTesla is recalling over 1.8 million vehicles in the United States due to a potential software failure that may prevent the detection of an unlatched hood, posing a significant safety risk. The National Highway Traffic Safety Administration (NHT...
Elon Musk claims Google banned Donald Trump in search: What we know about the autocomplete feature
July 29, 2024 05:06 PM AEST| By InvezzOn Sunday, July 28, Elon Musk, the CEO of Tesla and SpaceX, claimed that Google had imposed a “search ban” on former US President Donald Trump. Musk took to X (formerly Twitter) to voice his concerns, suggesting that Google’s actions migh...
#CancelNetflix trend underscores tech CEOs’ fear of political endorsements: Here’s why
July 27, 2024 05:00 AM AEST| By InvezzNetflix co founder's vocal support for Kamala
Elon Musk’s X removes popular crypto emojis, leaving community puzzled and concerned
July 26, 2024 11:19 PM AEST| By InvezzIn a surprising move, Elon Musk’s social media platform X has removed several popular cryptocurrency emojis, sparking confusion and concern within the crypto community. The sudden change affects multiple digital currencies, including Bitc...
Malaysia demands compensation from Microsoft and CrowdStrike following global outage: Will others follow?
July 26, 2024 05:51 AM AEST| By InvezzMalaysia has asked Microsoft and Crowdstrike to compensate them for the loss
How a second Trump presidency could impact electric vehicles and clean energy policies
July 26, 2024 05:11 AM AEST| By InvezzThe possibility of Donald Trump securing a second term as President of the United States raises significant questions about the future of electric vehicles (EVs) and clean energy in the US. While Trump’s administration was known for its c...
Musk to seek Tesla board approval for $5 billion investment in AI start-up xAI
July 26, 2024 03:30 AM AEST| By InvezzTesla chief executive Elon Musk announced his intention to seek board approval to invest $5 billion in his artificial intelligence start-up, xAI. The potential investment would further integrate Musk’s extensive network of technology companies,...
Should Elon Musk step down as Tesla CEO? Three key reasons to consider
July 25, 2024 06:03 AM AEST| By InvezzTesla's Elon Musk is going through personal crisis, overpromising on company milestones and taking to X to make important company decisions.
BYD poised to surpass Tesla in EV sales despite Buffett’s divestment
July 25, 2024 04:12 AM AEST| By InvezzBYD is set to sell more electric vehicles than Tesla this year. Why is Warren Buffett trimming his holding?
CrowdStrike says bug in software update behind global IT outage
July 25, 2024 02:51 AM AEST| By InvezzLast Friday, a software update from the U.S. cybersecurity firm CrowdStrike resulted in a global crash of millions of computers. The company confirmed that the issue was due to a bug in its quality control mechanism, affecting essential services in s...
Tesla stock tanked: Xpeng, Li Auto, MULN, VinFast brace for impact
July 24, 2024 02:02 PM AEST| By InvezzElectric vehicle stocks are bracing for impact after the weaker-than-expected Tesla earnings on Tuesday. Chinese EV stocks like Xpeng, BYD, and Li Auto have already crashed by over 5% in Hong Kong and the trend could continue in New York. Ameri...
Elon Musk delays Tesla humanoid robots to 2025: Should investors be concerned?
July 23, 2024 06:17 AM AEST| By InvezzElon Musk has hinted on his social media platform X that Tesla's humanoid robots could be deployed in its factories during the next year.
Microsoft blames 2009 EU agreement for massive IT outage after security update
July 23, 2024 04:03 AM AEST| By InvezzOn Friday, the largest IT outage to date disrupted approximately 8.5 million computers, primarily due to a faulty security update from cybersecurity firm CrowdStrike. Microsoft has attributed the issue to a 2009 European Commission agreement that it...
KraneShares launches AGIX ETF amid market volatility, betting on robust demand for AI technologies
July 20, 2024 05:16 AM AEST| By InvezzThe new KraneShares AI ETF was launched this week and is dominated by Microsoft, Nvidia, and Apple as the top 3 holdings.
CrowdStrike and Microsoft shares plunge after major outage
July 19, 2024 08:17 PM AEST| By InvezzCybersecurity firm CrowdStrike experienced a significant drop in its share price on Friday following an update that led to a widespread outage, affecting businesses globally. The company, known for its software that helps firms manage IT security, sa...
Tesla Q2 earnings preview: 30% drop in EPS likely for EV giant amid strategic challenges
July 18, 2024 09:14 PM AEST| By InvezzTesla Inc is set to release its financial results for the second quarter of 2024 after the market closes on Tuesday, July 23. Wall Street anticipates a mixed performance, with significant year-over-year declines in earnings but modest revenue growth....
Tesla’s strategic hiring surge signals major shift toward AI and robotics
July 17, 2024 01:54 AM AEST| By InvezzTesla is hiring more people for its AI and Robotics plans less than 2 months after announcing global layoff.
UK antitrust watchdog probes Microsoft’s hiring of former Inflection AI employees
July 17, 2024 01:31 AM AEST| By InvezzThe UK Competition and Markets Authority (CMA) has initiated a comprehensive probe into Microsoft’s recent hiring of key former employees from machine intelligence company Inflection AI. During the course of the probe, the CMA will assess wheth...
Musk-Trump relationship goes to the next level as Tesla CEO pledges $45 M a month to former president’s campaign
July 16, 2024 07:23 PM AEST| By InvezzBillionaire entrepreneur Elon Musk plans to spend about $45 million a month on a newly created super political action committee (PAC) which backs former US president Donald Trump’s campaign, the Wall Street Journal reported citing sources famil...
Ibovespa drops below 128,800 amidst geopolitical uncertainty and monetary policy shifts
July 16, 2024 03:29 AM AEST| By InvezzThe Ibovespa index saw a decline below 128,800 on Monday, halting its ten-day upward streak amid global geopolitical uncertainties triggered by a recent assassination attempt on US presidential candidate Donald Trump. This shift in market senti...
