Category: Tech News

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Tesla’s earnings hit a new low, with largest revenue drop in a decade

Tesla released its second quarter financial earnings today, offering the latest evidence of the damage Elon Musk’s political activities have done to his flagship company. Tesla said it earned $1.17 billion in net income on $22.5 billion in revenue. That’s above Wall Street expectations of $22.3 billion but represents a 12 percent decrease year over… Continue reading Tesla’s earnings hit a new low, with largest revenue drop in a decade

Tech Billionaires Accused of Quietly Working to Implement “Corporate Dictatorship”

In a world increasingly ruled by tech companies, some of the industry’s most powerful figures appear to be quietly drafting blueprints for the near future. There’s just one catch: it may or may not be a democratic one. In an interview on “Decoder,” a podcast by The Verge, tech journalist Gil Duran outlines a disturbing… Continue reading Tech Billionaires Accused of Quietly Working to Implement “Corporate Dictatorship”

“McDonald’s for Teeth”: Private Equity is Destroying Our Teeth, Dental Professionals Warn

Image by Getty / Futurism As most of us in the United States are well aware, the US healthcare system is a nightmarish labyrinth of profit-seeking middlemen, kafkaesque corporate bureaucracy, and insurance-inflated costs. Adding to the noxious mix is the lucrative field of private equity — a financial industry that earns its dough by buying… Continue reading “McDonald’s for Teeth”: Private Equity is Destroying Our Teeth, Dental Professionals Warn

Things Are Looking Really, Really Bad for Tesla

Elon Musk’s carmaker Tesla is widely expected to disappoint with its Q2 earnings report later today. Demand for the company’s EVs has dried up significantly over the past 18 months, driven in large part by its exceptionally divisive CEO’s efforts to alienate buyers at the exact moment that the company is facing a flood of… Continue reading Things Are Looking Really, Really Bad for Tesla

Tech Industry Figures Suddenly Very Concerned That AI Use Is Leading to Psychotic Episodes

For months, we and our colleagues elsewhere in the tech media have been reporting on what experts are now calling “ChatGPT psychosis“: when AI users fall down alarming mental health rabbit holes in which a chatbot encourages wild delusions about conspiracies, mystical entities, or crackpot new scientific theories. The resulting breakdowns have led users to… Continue reading Tech Industry Figures Suddenly Very Concerned That AI Use Is Leading to Psychotic Episodes

Photos: Here Are the Piles of Used Bedding and Children’s Play Sets Left Near DOGE’s Old Offices

Elon Musk’s associates at the so-called Department of Government Efficiency (DOGE) have begun vacating their headquarters at the General Services Administration (GSA) in Washington, DC. An apocalyptic scene of toddler play sets, mattresses, and pillows remains. Near rooms where DOGE once operated, a seemingly abandoned children’s wooden kitchen set sits next to a rainbow climbing… Continue reading Photos: Here Are the Piles of Used Bedding and Children’s Play Sets Left Near DOGE’s Old Offices

Trump’s AI Action Plan Is a Crusade Against ‘Bias’—and Regulation

On Wednesday, the Trump administration unveiled its new artificial intelligence action plan geared at keeping US efforts competitive with China. With over 90 policies recommended, it’s a wide-ranging document that, if followed, would give Silicon Valley’s most powerful companies even more leeway to grow. “We believe we’re in an AI race,” White House AI czar… Continue reading Trump’s AI Action Plan Is a Crusade Against ‘Bias’—and Regulation

Estes Energy Raises $11M in Seed Funding

Estes Energy, a San Francisco, CA-based materials and manufacturing company, raised $11M in Seed funding. The round was led by BMW I Ventures and Fortescue, with participation from New System Ventures and early investor DCVC. The company intends to use the funds to expand the development team, build-out its pilot manufacturing capability, and begin deploying… Continue reading Estes Energy Raises $11M in Seed Funding

Uber is finally letting women riders in the US match with women drivers

Six years ago, Uber launched a feature in Saudi Arabia that let women drivers on its ride-hailing app ask to be connected to female riders. Since then, the “women preferences” feature has rolled out to 40 countries, from Argentina and Brazil to Canada, India and Mexico. In a few weeks, this feature will finally make… Continue reading Uber is finally letting women riders in the US match with women drivers