McDonald’s has decided to discontinue its automated drive-thru systems after encountering significant issues with its AI technology. This move comes after a collaboration with IBM, starting in 2021, aimed to streamline ordering processes but faced challenges. The emergence of generative AI was predicted to destroy jobs in several sectors of
Reuters reported that China has given the green light for Tesla’s “Full Self-Driving” (FSD) testing, potentially opening the doors for expansion in the auto market. This development could redefine Tesla’s position in China’s burgeoning electric vehicle industry. Recently, Beijing gave Tesla the go-ahead to launch its driver-assistance technology, dubbed “Full
Elon Musk flaunted Cybertruck-branded shoes at Tesla’s shareholder meeting, drawing attention to the sleek kicks reminiscent of Tesla’s angular pickup. Similar Roamer sneakers by Kizik are available, albeit sans custom branding. For a while now, Elon Musk has been hyping about Tesla’s angular pickup, the Cybertruck. He’s even started doing
In a landmark decision amidst heated debate, Tesla shareholders have greenlit Elon Musk’s unprecedented $56 billion compensation package, alongside the relocation of the company’s legal headquarters to Texas. Elon Musk announced on social media on Wednesday that Tesla shareholders were voting in favor of a $56 billion compensation package for
On Tuesday, officials announced Johnson & Johnson will pay $700 million to 42 states, including Texas, Florida, and North Carolina, to resolve a lawsuit over misleading talc baby powder safety claims. Officials said on Tuesday that Johnson & Johnson will pay $700 million to resolve a lawsuit brought by several
In an X post, Elon Musk said he would ban iPhones and put them in a Faraday cage if they integrate with OpenAI, citing security concerns after it was revealed that Apple is capable of producing its own AI module. Ultimately, the 2024 Worldwide Developers Conference was a complete failure
According to an Associated Press investigation, the number of the world’s debt-laden ‘zombie’ companies has risen, and they will have to pay off $1.1 trillion in loans by year-end. The number of publicly traded “zombie” companies—those with debt so high they can’t even afford the interest on their loans—has increased
HSBC, in a recent assessment of the company, revealed that it believes the $22 billion Byju’s is now worth zero, citing financial mismanagement, missed sales targets, governance issues, and the exit of key auditors and board members. In a recent research report, HSBC calculated that the $22 billion valuation of
Recent whistleblowers at Boeing and its subcontractors raise concerns about airplane safety, following the deaths of two colleagues who spoke out. Following the unexpected deaths of two of their colleagues who had also gone public, whistleblowers at Boeing and one of its subcontractors continue to express their worries about airplane
