Elon Musk

Tesla’s Disappointing Q1 2024 Results: Double-Digit Declines in Automotive Revenue, Net Profit

Tesla has been struggling with the low demand for its electric vehicles (EVs), as evidenced by its first quarter 2024 earnings report. During this period, the EV company produced 433,371 vehicles with a 1.69% YoY decline and delivered 386,810...

Elon Musk’s Starlink: An Emerging Threat to Reliance Jio and Airtel’s Dominance in India?

The dominance of Reliance Jio and Bharti Airtel in India's telecom sector is poised to be challenged by a global company owned by Elon Musk. We are talking about Starlink. Elon Musk's visit to India is reportedly scheduled for...

Turmoil at OpenAI, Again: Musk Jeopardises the Plans of Sam Altman?

Turmoil at OpenAI, again!!! And, this could jeopardize the plans of the not-for-profit organization, which would have a far-reaching impact. Elon Musk said that OpenAI should be renamed ‘super closed source for maximum profit AI’! OpenAI didn't agree though, but...

X’s $13 Billion Debt Strain on Banks: Can Elon Musk’s Verbal Promises Shield Them from Losses?

In October 2022, Elon Musk made headlines with his astonishing $43 billion acquisition of Twitter, a move facilitated by a substantial $13 billion loan from prominent financial institutions. However, since then, the social media platform has been facing challenges...

X Loses Major Advertisers: Disney Boosts Instagram with a 40% Surge in Ad Spending

Last month, many industry titans, such as Walt Disney, Apple, IBM and Comcast, abruptly halted their advertisements on the X platform. This abrupt move was triggered by Elon Musk's controversial antisemitic posts and comments on the X platform, which stirred...

X Advertising Revenue Drops Nearly 40% in 2023: Can Subscription Push Fill the Gap?

Elon Musk's owned X, formerly Twitter, continues to grapple with a substantial dip in its advertising revenue. The social media platform is estimated to generate roughly $2.5 billion in advertising revenue in 2023, a nearly 40% decline from the...

Elon Musk’s Fury Towards Advertisers, Holding Them Responsible for the Future Demise of X

Elon Musk's response to advertisers who halted ads on X platform: Go. Fuckk. Yourself. Musk's outspoken and unapologetic style has fueled the ongoing debate surrounding free speech and responsible social media use. Elon Musk, known for his controversial posts on...

Sam Altman Is Not Returning to OpenAI, Joining Microsoft to Lead A New AI Team

: Satya Nadella, the visionary CEO of Microsoft Corporation, just dropped a bombshell on the X platform - Sam Altman, the former CEO of OpenAI, and Greg Brockman, the ex-President, are teaming up with Microsoft to lead a new...

OpenAI Fired CEO Sam Altman: Timeline Hints What Went Wrong

OpenAI, the artificial intelligence company, bid farewell to its co-founder and CEO, Sam Altman, citing concerns over his communication transparency with the board of directors. The announcement has sent shockwaves through the tech industry, as Altman's departure marks the...

Elon Musk’s Arduous Efforts to Keep Users and Advertisers Hooked to X Platform

Since Elon Musk's acquisition of Twitter, now rebranded as X, the platform's trajectory has become a central focus among industry leaders and business analysts. X is on a rollercoaster, grappling with challenges like retaining and attracting new advertisers as...
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Meta Q1 2024: Jaw-Dropping Surge in Revenue and Net Profit, But Reality Labs Burning Billions

Meta Platforms, Inc. (NASDAQ: META) has unveiled its financial results for the first quarter of 2024 and it is...
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