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Monthly Archives: June 2024
Tesla pops 7% in premarket after Elon Musk says he is set for victory in $56 billion pay vote
Elon Musk said Tesla shareholders are set to approve his $56 billion pay package and a resolution to move the electric carmaker’s incorporation to Texas.
Revolut moves global HQ to heart of London’s financial district as it awaits UK bank license
Revolut has purchased a 10-year lease for a new global headquarters in the YY London building in the center of Canary Wharf.
Fintech has hit a bottom after plunge in valuations and squeeze on funding, execs and VCs say
“Investors are now in the AI mindset,” the CEO of Nium told CNBC. “Like, whatever it costs. I want in on AI. They’re going to burn a lot of money.”
AccountsIQ takes in $65M to boost its bookkeeping tools with AI
The economy remains on shaky ground in Europe, but there is some silver lining for enterprise startups: those building tools to help businesses run their finances in more steady and predictable ways are seeing a boost to their business. In … Continue reading
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Musk says Tesla investors voting yes for pay deal
Tesla is due to make an official announcement on the result of the vote at a meeting on Thursday.
Android Engineering VP Dave Burke steps down, as he explores “AI/bio” roles within the company
Long-time Android Engineering VP Dave Burke said today that he is stepping down from the role. Burke, who spent 14 years building Android, is not leaving Alphabet and is exploring “AI/bio” projects within the company. Burke was involved in pivotal … Continue reading
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Chinese EV stocks surge after EU slaps up to 38% additional import tariffs
Hong Kong’s Hang Seng index surged 1.23% at the open, powered mostly by gains in EV stocks.
Databricks tells investors annualized revenue will reach $2.4 billion at midway point of year
Databricks says it’s signing up more big customers, and existing clients are spending more.
The Chinese women dating Dan: An AI boyfriend on ChatGPT
A jailbreak version of ChatGPT is becoming popular with women who prefer it to real world dating.
Trump pledges more cryptocurrency support, putting distance between himself and Biden
Donald Trump is doubling down on cryptocurrency support, saying he wants all Bitcoin going forward to be mined in the United States. In an all-caps rant posted to Trump’s Truth Social platform, the Republican presidential candidate said that mining crypto … Continue reading