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Tesla has issued a recall affecting 27,000 Cybertrucks after discovering a software flaw that delays the activation of the rearview camera. The glitch increases the risk of accidents when reversing, prompting Tesla to deploy an over-the-air software fix to affected vehicles.
OpenAI has unveiled plans to restructure its operations, potentially shifting toward a for-profit model with CEO Sam Altman gaining an equity stake. The changes come as several key executives leave the company, raising questions about OpenAI’s strategic direction and its future in the competitive AI market.
Meta has unveiled a new lineup of augmented and virtual reality devices at its annual Connect conference, including the affordable Quest 3S headset and Orion AR glasses. The announcements signal Meta’s continued investment in the metaverse, despite industry skepticism about widespread adoption.
Costco Wholesale has reported higher-than-expected Q4 earnings, driven by increased revenue and the impact of its recent membership fee hike. The retail giant’s strong financial performance highlights its resilience in an uncertain economy, with consumers continuing to prioritize bulk shopping for cost savings.
Federal Reserve Chair Jerome Powell has provided an update on the U.S. economic outlook following a recent interest rate cut, emphasizing cautious optimism amid lingering inflation concerns. The Fed’s decision reflects efforts to balance economic growth while managing financial stability.
The Dow Jones Industrial Average surged to a record high, driven by strong consumer spending and easing inflation concerns. Investors are optimistic about a potential Federal Reserve interest rate cut, which could further support economic expansion and market stability.
Texas’ Williamson County is fast becoming a major tech hub as industry leaders like Samsung and Tesla expand operations in the region. The influx of companies is driving economic growth, attracting talent, and transforming the county into a key player in U.S. semiconductor and electric vehicle manufacturing.
Intel is cutting 15,000 jobs as part of a strategic shift to prioritize artificial intelligence (AI) chip development. The move aims to strengthen Intel’s position in the growing AI market while addressing financial losses and increasing competition from rivals like Nvidia and AMD.
The U.S. Department of Justice has launched an antitrust trial against Google, accusing the tech giant of illegally maintaining a monopoly in search and digital advertising. The case could lead to significant changes in Google’s business model and reshape competition in the tech industry.
Apple has officially launched the iPhone 16, featuring its most advanced AI-driven capabilities to date. The new A18 chip powers improved battery efficiency, on-device generative AI, and enhanced photography tools, signaling Apple’s push into artificial intelligence for mobile devices.
