Starlink achieves cash-flow breakeven, says SpaceX CEO Musk

SpaceX founder and Tesla CEO Elon Musk speaks on a screen during the Mobile World Congress (MWC) in Barcelona, Spain, June 29, 2021. REUTERS/Nacho Doce/File Photo Acquire Licensing Rights Nov 2 (Reuters) – SpaceX CEO Elon Musk said on Thursday the rocket company’s satellite internet unit, Starlink, had achieved cash flow breakeven. In 2021, Musk… Continue reading Starlink achieves cash-flow breakeven, says SpaceX CEO Musk

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SummaryCompaniesAttendees agree need for pre-release model testingGovts including China signed declaration on WednesdayThey agreed to work together to tackle AI safetySunak to meet Elon Musk after summit concludes BLETCHLEY PARK, England, Nov 2 (Reuters) – Leading AI developers agreed to work with governments to test new frontier models before they are released, to help manage… Continue reading article with video

UAW gears up to organize Toyota, other nonunion automakers

[1/2]A worker assembles parts of a Tundra Truck at Toyota’s truck plant in San Antonio, Texas, U.S. April 17, 2023. REUTERS/Jordan Vonderhaar/File Photo Acquire Licensing Rights DETROIT/WASHINGTON, Nov 2 (Reuters) – Leaders of the United Auto Workers signaled the next step in their campaign to capitalize on the union’s success in bargaining with the Detroit… Continue reading UAW gears up to organize Toyota, other nonunion automakers

British PM Sunak: new AI models to be tested before release

Britain’s Prime Minister Rishi Sunak speaks during a closing press conference at the AI Safety Summit in Bletchley Park, near Milton Keynes, Britain, November 2, 2023. REUTERS/Toby Melville/Pool Acquire Licensing Rights BLETCHLEY PARK, England, Nov 2 (Reuters) – British Prime Minister Rishi Sunak on Thursday said that like-minded governments and artificial intelligence companies had reached… Continue reading British PM Sunak: new AI models to be tested before release

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A sign marks a rendezvous location for Lyft and Uber users at San Diego State University in San Diego, California, U.S., May 13, 2020. REUTERS/Mike Blake/File Photo Acquire Licensing Rights NEW YORK, Nov 2 (Reuters) – Uber (UBER.N) and Lyft (LYFT.O) will pay a combined $328 million to settle claims by New York’s attorney general… Continue reading Untitled

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Nov 2 (Reuters) – Qualcomm (QCOM.O) rose nearly 6% on Thursday as its strong first-quarter forecasts signaled that the two-year-long slump in the smartphone market was easing, led by a recovery in China. The company, among the largest designers of chips used in smartphones, was set to increase its market value by nearly $7 billion… Continue reading Untitled

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PayPal surges as pledge to turn “leaner” keeps crypto concerns at bay

A smartphone with the PayPal logo is placed on a laptop in this illustration taken on July 14, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights Nov 2 (Reuters) – PayPal Holdings (PYPL.O) was set to add $4 billion to its market value as a pledge to turn “leaner” cheered up investors, even as the payments… Continue reading PayPal surges as pledge to turn “leaner” keeps crypto concerns at bay

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[1/3]Hands hold the biometric imaging device, the Orb, of the identity and financial public utility Worldcoin, which aims to create a World ID digital passport, with a tradeable cryptocurrency, in Berlin, Germany August 1, 2023. REUTERS/Annegret Hilse Acquire Licensing Rights LONDON, Nov 2 (Reuters) – Worldcoin, the cryptocurrency project set up by OpenAI CEO Sam… Continue reading article with gallery

Tesla’s Oct China-made EV sales fall 2.6% from Sept

[1/2]Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo Acquire Licensing Rights BEIJING/SHANGHAI, Nov 2 (Reuters) – U.S. automaker Tesla (TSLA.O) delivered 72,115 China-made electric vehicles in October, down 2.6% from a month earlier, the China Passenger Car Association (CPCA) said… Continue reading Tesla’s Oct China-made EV sales fall 2.6% from Sept