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For the Cybertruck, a special sledgehammer almost makes too much sense...
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Wall Street's main indexes struggled for direction on Thursday, with a hotter-than-expected inflation print dampening hopes of early rate cuts, while U.S. regulatory approval for exchange-traded funds tracking spot bitcoin lifted crypto stocks. The benchmark S&P 500 briefly surpassed its record closing high of 4,796.56, hit in January 2022, before erasing the opening gains...
Continue ReadingNetflix has removed an Indian language film from its platform after the movie faced a backlash on social media for depicting the daughter of a Hindu priest eating meat. Hindus are India's largest religious grouping and Hindu priests, as well as their families, are typically vegetarian. "Annapoorani - The Goddess of Food", a Tamil-language film that was released in theatres in December and aired on Netflix later the same month, was no longer available on the international streaming platform as of Thursday...
Continue ReadingMicrosoft just passed Apple as the most valuable U.S. company. Microsoft’s market value now stands at about $2.9 trillion, squeaking past the iPhone maker, according to Dow Jones Market Data. It’s the first time since 2021 that the software giant has earned the title of market-cap king...
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Alphabet's Google Cloud said on Thursday its customers who want to migrate their data to another cloud provider will not have to pay any network fees to make the transfer. Many cloud providers, including Microsoft's Azure and Amazon Web Services (AWS), charge customers based on the amount of data transferred when they switch vendors. Britain's media regulator Ofcom in October raised concerns about the fees, saying it can discourage customers from switching to an alternative provider...
Continue ReadingAlphabet's Google Cloud said on Thursday its customers who want to migrate their data to another cloud provider will not have to pay any network fees to make the transfer. Many cloud providers, including Microsoft's Azure and Amazon Web Services (AWS), charge customers based on the amount of data transferred when they switch vendors. Britain's media regulator Ofcom in October raised concerns about the fees, saying it can discourage customers from switching to an alternative provider...
Continue ReadingAfter endorsing antisemitic comments that sparked an advertiser exodus from X, the Tesla CEO asks “Do you want to fly in an airplane where they prioritized DEI hiring over your safety?”...
Continue ReadingMicrosoft overtook Apple as the world's most valuable company on Thursday after the iPhone maker began 2024 with its worst start in years due to growing demand concerns. Shares of Redmond, Washington-based Microsoft rose 1.5%, giving it a market valuation of $2.888 trillion as its early lead in the race to make money from generative artificial intelligence helped draw investors. Apple was 0.3% lower with a market capitalization of $2.887 trillion - the first time since 2021 that its valuation has fallen below that of Microsoft...
Continue ReadingThe labor market flashed some warning signs at the end of last year. Open positions also dropped at the end of 2023 compared with the beginning of the year, while employees are quitting at a lower rate than before the pandemic began. The unemployment rate of 3.7% is near a 50-year low, and it is looking more likely that the U.S. will avoid a recession that many economists predicted last year...
Continue ReadingAmazon (AMZN) partners with Salesforce to integrate Buy with Prime into the latter's Commerce Cloud platform...
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