Business

Tesla seeks to develop autonomous cars; Tesla is increasingly looking to machines instead of humans. Data annotation specialists use software tools to label objects in Tesla vehicles‘ video clips manually. Specialists label everyday road objects such as stop signs, lane lines, traffic cones, and curbs. The AI system then uses the tagged information to learn […]

Last month’s inflation annualized rate of 8.6% was reached. It was the highest annualized rate for inflation for over 40 years. Economists have become glum about the prospect of another late 1970s/early 80s with similar inflation and high rates that led to market weakness and deep recessions. Long-term investors might be more optimistic. Ron Baron […]

Broadcom can restructure the industry of Software & potential VMware acquisition, a $12 billion virtualization & hybrid cloud superstar that just freshly came to be a self-dependent company. Many news channels are informing today that for the purchase of VMware, San Jose, Calif.-based Broadcom is in talks with VMware, & Broadcom is very close to […]

On Thursday, London-based Oil giant company Shell released results that reported the highest quarterly profit in a decade when the commodity prices are at their peak point; UK households are demanding a one-off windfall tax on gases & oil from the UK government. The company posted earnings of $9.1 billion for the first three months, […]

After a big break, China’s economy takes jump by 4.8% by March 31. Due to Covid 19 outburst, the last two years didn’t show any improvement in-country growth. The covid situation changes the people living and expending lifestyle due to less income and unemployment. According to the National Bureau of Statistics, the growth of 4% […]

Elon Musk has just taken his Twitter journey up a notch, offering to purchase 100 percent of the company at a price of approximately $41 billion. The company’s stock prices have been on a decline for months and its user base has stagnated. In an effort to revive the social media platform, CEO Jack Dorsey […]

Elon Musk, Twitter’s most ” passionate believer” and fierce critic, is back on our Twitter feeds to suggest fixes for the social media site. This comes not long after he became a strong voice in company decision-making. Musk posted a series of tweets on April 9-10, sharing a number of suggestions he would like to […]

NASA is currently working on a number of new projects such as the Artemis program, including a manned mission to Mars by 2023. The agency needs $26 billion in order to fund these ambitious goals but has received only about a third of that amount so far. With so much at stake, it’s imperative that […]

In the U.S., the Friday after Thanksgiving is referred to as Black Friday. In the United States, it usually symbolizes the beginning of the holiday shopping season. Numerous retailers have heavily advertised bargains at reduced pricing and frequently open early, often as early as 12:30. Since 2005, Black Friday has consistently been the largest shopping […]

Best Buy has seen a sharp rise in the number of retail thefts in the recent past. According to chief executive officer Corie Barry, there has been a considerable jump in organized crime with people coming in groups to steal consumer electronics. She said that it has become a trend these days and this is […]

The USD 1 trillion infrastructure package, which now awaits President Joe Biden’s signature, includes funds for roadways, bridges, harbors, rail transportation, safe drinking water, the power system, and internet connectivity, among other projects. The bipartisan measure was approved by the House on Friday night, and Biden announced on Saturday that he will arrange a signing […]

In Florida, a fairly routine trial is taking place: A dead man’s family is suing his business associate for ownership of their partner’s fortunes. The assets in dispute, in this case, include a cache of approximately one million bitcoins, equal to approximately USD 64 billion currently, owned by bitcoin’s founder, the pseudonymous Satoshi Nakamoto. According […]

In Asia, trading on Tuesday, Bitcoin, as well as Ethereum, reached new highs, with anticipation for cryptocurrencies acceptance and concerns over inflation boosting enthusiasm as well as channeling greater inflows into this investment market. Bitcoin reached a high of USD 68,564 in Asia’s afternoon trade sessions, while Ether, the second-largest cryptocurrency by market price, had […]

Tesla CEO Elon Musk, a famous Twitter junkie, felt it would be a great gesture to allow the platform’s users to determine whether or not he should pay more taxes, so he created a poll. Musk questioned the Twitterati if he should liquidate 10% of his Tesla shares, stating he was willing to honor the poll’s […]

Several companies have been on driverless technology. While some are in the advanced stage, others are working to make a way forward. Amid all this Silicon Valley startup Gatik has provided fully driverless trucks to Walmart and are being used without safety drivers. Walmart has now revealed that it has been using these fully driverless […]

On-demand delivery giant Doordash has signed a deal to acquire Finnish delivery startup Wolt. The deal would be an all-stock transaction that is valued at USD 8.1 billion. Doordash said that acquisition is part of its efforts to give a push to the company’s international expansion. Wolt, which started as a food delivery platform, has […]

Elon Musk is known for being vocal on the microblogging platform Twitter, where he has almost 63 million followers. He is now asking these followers to decide on something. Musk proposed selling 10 percent of his Tesla stock and asked his followers to determine the future. He started a Twitter poll where he wrote – […]

Apple has never discussed its plans about electric cars or self-driving software, but it is reportedly quietly building a team. There are reports that it has now hired a former Autopilot software engineer Tesla. Sources privy with the development said that Christopher “CJ” Moore will be working on the self-driving software of the tech giant. […]

Cybersecurity software maker McAfee is planning to go public. It is in advanced talks with private equity firm Advent International for this, according to people privy with the development. Advent, one of the leading consortiums of investors. The list includes names like Canadian pension plan CPP Investment Authority, private equity firm Permira, Crosspoint Capital, and […]

This holiday shopping season, Walmart outlets will ship Christmas supplies such as Thanksgiving turkeys, Black Friday bargains, as well as Christmas lights to users. The nation’s biggest retailer stated on Thursday that it is “supplying greater convenience” by extending store delivery operations, increasing delivery periods, and expanding the availability of same-day as well as next-day orders from […]