The sales figures for Q1 2025 for EVs showcase a growth in U.S. EV sales for several manufacturers and paint a strong picture for the domestic EV sector. What happened: Cox Automotive has published a report outlining how the EV sector is performing in the US. The report showcases how EV sales in the US…
The White House is set to hold a meeting with key officials to discuss the future of TikTok, as the app faces an April 5 deadline to secure a non-Chinese buyer or face a potential U.S. ban. China announced a series of retaliatory measures on Friday in response to President Donald Trump‘s tariffs on Chinese goods, escalating the…
Elon Musk’s SpaceX, Amazon.com Inc. founder Jeff Bezos’ Blue Origin, and Boeing Co. BA and Lockheed Martin Corp.’s LMT United Launch Alliance (ULA) have been awarded contracts by the U.S. Space Force. These contracts, valued at $13.5 billion, are intended for launching critical satellites into orbit by 2029. What Happened: These contracts are part of the Space…
In a stride towards the initiation of its commercial service, Jeff Bezos‘ Amazon Inc. AMZN is set to launch its long-awaited Kuiper internet satellites on April 9. What Happened: Amazon announced on Wednesday that the satellites will be launched from Cape Canaveral, Florida, using United Launch Alliance’s Atlas V rocket. The event will be telecast via live streaming on ULA’s website. The…
Last week, Microsoft Corp. MSFT co-founder and philanthropist Bill Gates lamented the growing divide between the U.S. and China, saying it’s blocking access to critical climate and technology innovations. What Happened: In a wide-ranging interview during an Express Adda event, Gates praised China’s leadership in renewable energy, artificial intelligence, and battery technology, while expressing concern…
Is China Planning To Wreck U.S. Tech? That’s what Balaji Srinivasan argues in the post below. First, for those unfamiliar with him, here’s why his opinion is worth considering here. In a nutshell, it’s because Srinivasan, formerly the CTO of Coinbase, combines deep technical expertise with a strong track record of predicting where technology is headed….
Tesla Inc. TSLA has seen its market share in Europe shrink, despite a surge in demand for electric vehicles (EVs). The company’s sales have dipped for two consecutive months. What Happened: Data from the European Automobile Manufacturers Association (ACEA) indicates that Tesla’s sales in Europe have plummeted by 42.6% this year. Tesla’s market share stood at 1.8% of…
Perplexity, backed by Amazon.com Inc. AMZN founder Jeff Bezos and Nvidia Corp. NVDA is reportedly in talks to raise up to $1 billion in a new funding round that would value the company at $18 billion—double its valuation just four months ago. What Happened: Perplexity is in discussions to raise between $500 million and $1…
Joe Rogan once contrasted Elon Musk’s minimalist lifestyle with Jeff Bezos’ over-the-top luxury, but a closer look at what the world’s two richest men actually own today reveals a much more nuanced reality. What Happened: On an episode of “The Joe Rogan Experience,” the podcast host shared his admiration—and amusement—about the wildly different ways Musk…
Amazon.com, Inc.’s AMZN Prime is today one of the most successful loyalty programs in retail history, but when it first launched, Jeff Bezos and his team faced major concerns about whether the service would work—or even bankrupt the company. What Happened: In a 2018 interview with David Rubenstein, Bezos reflected on how Amazon Prime started…