FTX is launching stock trading capabilities for its customers through its U.S. division. The company, helmed by billionaire Sam Bankman-Fried, says its launch will start in private beta mode for a select group of customers. The full rollout will begin in late 2022, FTX says.
Canada has banned Huawei and ZTE from its telco networks. The move follows the steps of its Five Eyes partners Australia and the US. The government cited the interconnectedness of 5G networks as a reason for the ban. It also cited the threat of malicious actors exploiting 5G technology.
SpaceX founder Elon Musk said in a tweet late Thursday that “wild accusations” against him are not true.
He did not explain what those accusations were.
SpaceX paid $250,000 in severance to a flight attendant to settle an allegation that the aerospace company’s founder Elon Musk engaged in sexual misconduct against her, Business Insider reported.
Musk told Insider there was “a lot more to this story” as he asked the publication for more time to respond to the article’s claims, according to the outlet.
Tesla has started to build a new Supercharger station in the Mojave Desert between Los Angeles and Las Vegas. The station will likely become the largest in the world. The automaker is growing its Supercharging network at a 35% year-over-year pace.
According to The Wall Street Journal, TSMC, the world's largest independent foundry, is considering spending billions of dollars in order to build a new fabrication facility in Singapore. With the current chip shortage, TSMC needs to add production capacity to make sure that it can deliver enough cutting-edge chipsets to meet demand from its top customers including Apple, Qualcomm, and Mediatek.
A flight attendant for SpaceX said Elon Musk asked her to "do more" during a massage, documents show.
The billionaire founder exposed his penis to her and offered to buy her a horse, according to claims in a declaration.
After she reported the incident to SpaceX, Musk's company paid her $250,000 as part of a severance agreement.
Ingram Micro CEO Paul Bay spoke to CRN during the company's Cloud Summit 2022 event in Miami Beach. Bay says the company is investing in resources to help partner business customers take advantage of the demand for digital transformation. Ingram Micro is investing to help partners reach a recurring revenue business model, reduce complexity, improve cloud security and gain training and certifications.
The manufacturing facility will be able to produce 155,000 vehicles a year, and will initially serve the local market, the luxury car maker said in a press release.
Including the 350,000 units a year that can be made in Lucid’s factory in Arizona, the company will be able to produce half a million cars a year by the middle of the decade, earlier than its previous target of 2030, said CEO Peter Rawlinson. Saudi Arabia’s minister of investment, Khalid al-Falih, said he expects more EV manufacturers to set up shop in the kingdom.
Block, the pro-Bitcoin umbrella company, continues to grow in 2022. In the first quarter, gross profits were up 34% to $1.29 billion. Cash App's revenues were down by 51% year-on-year to $43 million. Square's revenues increased by 41% to reach $661 million.
The G7 urges the Financial Stability Board to speed up crypto-asset regulation. The turmoil referred to was the de-pegging of the TerraUSD (UST) stablecoin that began May 8. There were warning signs that the G7 ministers would be addressing the problem at their meeting.
Tesla has been frequently releasing new software updates to the FSD Beta program and adding more owners to it.
Today, Tesla has started using a new FSD beta software update (2022.12.3.10), and according to the release notes, it is one of the most extensive updates to date.
The release notes also mentioned many more improvements – several of them related to the level of confidence in which the system takes action, which has been a source of frustration for using FSD Beta in the past.
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