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(Bloomberg) -- Elon Musk said he would rather build AI products outside of Tesla Inc. if he doesn’t have 25% voting control, suggesting the billionaire may prefer a bigger stake in the world’s most valuable electric vehicle maker.Most Read from BloombergUS Merchant Vessel Struck as Shippers Told to Avoid Red SeaApple to Pull Blood-Oxygen Tool From Watches to Avoid US Ban If Appeal FailsUS Economy Set for Another Cash Boost If Congress Backs Tax DealStocks Slip as Officials Push Back on Easing Be...
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Tesla CEO Musk said in a post on social media platform X, formerly known as Twitter, that unless he got stock that is "enough to be influential, but not so much that I can't be overturned", at Tesla, he would prefer to build products outside of the electric vehicle manufacturer. Musk currently owns around 13% of Tesla stock. Musk currently faces a lawsuit over his compensation package...
Continue ReadingMicrosoft's buyout of Activision Blizzard strengthens its position in the gaming sector, positioning it as the third-largest gaming company globally. Read more...
Continue ReadingFutures fell slightly after the holiday weekend, with more bad news for Apple and Boeing. Tesla CEO Elon Musk made this threat...
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CEOs are jazzed up about the magic that generative AI could bring to their financial statements, according to a new PwC survey...
Continue ReadingMicrosoft says it will charge $20 per month per user for its new premium version of Copilot Pro...
Continue ReadingThe company launched Copilot for Microsoft 365 enterprise customers in November. It’s now taking steps to broaden the software’s reach...
Continue ReadingApple is offering temporary discounts on its iPhones and other products in China, in an extremely rare move for Apple that comes as competition within Asia’s smartphone market grows more intense...
Continue ReadingApple's cash flow performance pleased investors looking for quality stocks last year...
Continue ReadingMicrosoft on Monday said consumers and small businesses can buy subscriptions to access more capabilities in its artificial intelligence "Copilot," as it moves to grow sales beyond large enterprises. After introducing a free AI Copilot for its Bing search engine last year, Microsoft will offer what it calls Copilot Pro to individuals for $20 a month. The subscription will add a text-drafting, number-crunching AI assistant to Microsoft's widely used applications including Word and Excel, and it will give purchasers access to new tools and AI models such as GPT-4 Turbo...
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