China’s New Premier Needs to Revive Growth. How Far Will Loyalty Get Him?

Li Qiang’s business-friendly reputation could bolster confidence in China’s economy. But he is stepping into a role with diminished power under Xi Jinping.

#biontech-se, #china, #communist-party-of-china, #coronavirus-2019-ncov, #lee-kuan-yew-school-of-public-policy, #li-qiang-1959, #musk-elon, #national-peoples-congress-china, #politics-and-government, #shanghai-china, #shanghai-fosun-pharmaceutical-group, #tesla-motors-inc, #united-states-international-relations, #wenzhou-china, #xi-jinping, #zhejiang-province-china

Investors Fear a Recession Spurred by the Fed’s Inflation Fight

Investors were alarmed at suggestions by Jerome Powell, the Federal Reserve’s chairman, that interest rates could go even higher in a bid to halt inflation.

#adidas-ag, #bank-of-america-corporation, #blackrock-inc, #boots-retail-usa-inc, #company-reports, #cvs-caremark-corporation, #dominion-voting-systems-corp, #fashion-and-apparel, #federal-reserve-system, #house-financial-services-committee, #internal-storyline-no, #musk-elon, #newsom-gavin, #powell-jerome-h, #pritzker-j-b, #schultz-howard-d, #twitter, #walgreen-co, #west-kanye

Elon Musk Says Twitter’s Finances Improving After Big Cuts

Twitter’s owner says the company is recovering after a sharp drop in ad sales. But its revenue is still far short of its level in 2021, before he took over.

#computers-and-the-internet, #morgan-stanley, #musk-elon, #twitter

Ford Is Leaving Tesla in the Dust

Boring old Ford is proving to be a very modern company.

#automobiles, #driverless-and-semiautonomous-vehicles, #electric-and-hybrid-vehicles, #f-150, #farley-chris, #farley-james-d-jr-1962, #ford-motor-co, #model-3, #musk-elon, #roads-and-traffic, #tesla-motors-inc, #twitter

Everyone Pivots to A.I., and Bad News for Crypto

Is crypto dead? Or only mostly dead?

#artificial-intelligence, #bankman-fried-sam, #computers-and-the-internet, #gensler-gary-s, #hk-ftx-trading-ltd-futures-exchange, #musk-elon, #science-and-technology, #snap-inc

As A.I. Booms, Lawmakers Struggle to Understand the Technology

Tech innovations are again racing ahead of Washington’s ability to regulate them, lawmakers and A.I. experts said.

#altman-samuel-h, #artificial-intelligence, #computer-vision, #computers-and-the-internet, #driverless-and-semiautonomous-vehicles, #facial-recognition-software, #federal-trade-commission, #innovation, #law-and-legislation, #lobbying-and-lobbyists, #musk-elon, #regulation-and-deregulation-of-industry

Twitter Outages Are on the Rise Amid Elon Musk’s Job Cuts

Elon Musk’s repeated job cuts are stoking new fears that there aren’t enough people to triage Twitter’s problems.

#computer-network-outages, #computers-and-the-internet, #data-centers, #layoffs-and-job-reductions, #musk-elon, #social-media, #twitter, #workplace-environment

How Biden Is Seeking to Reshape Business via the CHIPS Act

Big strings are attached to funding for chip makers, meant to bolster Democratic priorities including child care for workers and discouragement of stock buybacks.

#antetokounmpo-giannis-1994, #biden-joseph-r-jr, #chopra-rohit, #cleveland-browns, #commerce-department, #computer-chips, #consumer-financial-protection-bureau, #democratic-party, #federal-reserve-system, #fox-news-channel, #goldman-sachs-group-inc, #helium-inc, #internal-storyline-no, #lasry-marc, #milwaukee-bucks, #musk-elon, #national-basketball-assn, #supreme-court-us, #twitter, #united-states-politics-and-government, #warren-elizabeth, #wells-fargocompany, #yellen-janet-l

In Latest Round of Job Cuts, Twitter Is Said to Lay Off at Least 200 Employees

The social media platform now has a work force of less than 2,000, down from 7,500 when Elon Musk took it over in October.

#labor-and-jobs, #layoffs-and-job-reductions, #musk-elon, #social-media, #twitter

The Sunday Read: ‘Elon Musk’s Appetite for Destruction’

A wave of lawsuits argue that Tesla’s self-driving software is dangerously overhyped. What can its blind spots teach us about the company’s erratic C.E.O.?

#audio-neutral-informative, #electric-and-hybrid-vehicles, #musk-elon, #tesla-motors-inc, #united-states

Bing’s Chatbot Declares its Love and Elon Musk Rewrites the Twitter Algorithm

Then, online ads have gotten bad — and that might be OK.

#microsoft-corp, #musk-elon, #online-advertising, #openai-labs, #science-and-technology, #twitter

Tesla Fired Buffalo Workers Seeking to Organize, Union Says

Workers backing a push for better wages and working conditions were among those illegally laid off, members told the National Labor Relations Board.

#electric-and-hybrid-vehicles, #factories-and-manufacturing, #labor-and-jobs, #musk-elon, #national-labor-relations-board, #organized-labor, #tesla-motors-inc, #workers-united, #workplace-environment, #workplace-hazards-and-violations

A Big Breakup at the Federal Trade Commission

A second Republican commissioner has resigned as the agency gears up for a big showdown on noncompete agreements and the Microsoft-Activision merger.

#activision-blizzard-inc, #air-india, #airbus-industrie, #bedoya-alvaro, #berkshire-hathaway-inc, #bernstein-jared, #biden-joseph-r-jr, #brainard-lael, #buffett-warren-e, #democratic-party, #facebook-inc, #federal-reserve-system, #federal-trade-commission, #haley-nikki-r, #internal-storyline-no, #khan-lina, #matter-ventures, #meta-platforms-inc, #microsoft-corp, #musk-elon, #schultz-howard-d, #tesla-motors-inc, #twitter, #yellen-janet-l

Combating Disinformation Wanes at Social Media Giants

As the companies have shed jobs recently, many teams assigned to combat false and misleading information have taken a hit.

#alphabet-inc, #anti-semitism, #censorship, #clegg-nick, #conspiracy-theories, #coronavirus-2019-ncov, #hate-speech, #instagram-inc, #layoffs-and-job-reductions, #meta-platforms-inc, #musk-elon, #rumors-and-misinformation, #social-media, #twitter, #youtube-com

The Toll That Twitter’s Glitches Is Taking on Chinese Activists

As the Elon Musk-owned social media service encounters interruptions and bugs, Chinese dissidents and activists said they feared they were being muzzled.

#censorship, #china, #computers-and-the-internet, #corporate-social-responsibility, #human-rights-and-human-rights-violations, #musk-elon, #politics-and-government, #social-media, #twitter

Elon Musk Won’t Let His Starlink Satellites Run Ukraine’s Drones

#computers-and-the-internet, #defense-and-military-forces, #drones-pilotless-planes, #musk-elon, #russian-invasion-of-ukraine-2022, #shotwell-gwynne, #space-exploration-technologies-corp, #starlink-satellite-constellation-spacex, #ukraine

Twitter Glitches Pile Up as Key Features Fail

Many users said they could not post tweets or message one another on Wednesday as the #TwitterDown hashtag began trending.

#computer-network-outages, #computers-and-the-internet, #layoffs-and-job-reductions, #musk-elon, #social-media, #twitter

Elon Musk Is His Own Spokesman

Under its new owner, Twitter has done away with its press department. One reporter who writes about the company compares it to a “giant black box.”

#musk-elon, #news-and-news-media, #social-media, #twitter

Tesla’s Cybertruck Is Coming Soon. Maybe.

Already two years behind schedule, the Cybertruck has experts wondering how the company will manufacture its unusual stainless steel “exoskeleton.”

#austin-tex, #automobiles, #electric-and-hybrid-vehicles, #engineering-and-engineers, #factories-and-manufacturing, #musk-elon, #sports-utility-vehicles-and-light-trucks, #steel-and-iron, #tesla-motors-inc, #traffic-accidents-and-safety, #welding-and-welders

Musk Pledged to Cleanse Twitter of Child Abuse Content. Is It Working?

Child sexual abuse imagery spreads on Twitter even after the company is notified: One video drew 120,000 views. “Sewer rats,” as one regulator described bad actors, remain.

#child-abuse-and-neglect, #child-pornography, #computers-and-the-internet, #cyberharassment, #musk-elon, #sex-crimes, #social-media, #twitter, #video-recordings-downloads-and-streaming

Advisory Firm Sues Elon Musk’s Twitter, Saying It Hasn’t Been Paid

Innisfree M&A says Twitter, which Elon Musk bought last year, has not paid it $1.9 million for services it rendered for the deal.

#banking-and-financial-institutions, #computers-and-the-internet, #corporations, #innisfree-ma, #mergers-acquisitions-and-divestitures, #musk-elon, #social-media, #suits-and-litigation-civil, #twitter

Jury Rules for Elon Musk and Tesla in Investor Lawsuit Over Tweets

The case centered on whether investors lost money because they believed Mr. Musk’s social media posts about taking Tesla private in 2018.

#corporations, #decisions-and-verdicts, #electric-and-hybrid-vehicles, #mergers-acquisitions-and-divestitures, #musk-elon, #san-francisco-calif, #social-media, #stocks-and-bonds, #suits-and-litigation-civil, #tesla-motors-inc, #twitter

Gawker Is Dead (Again) But Its Influence Lives On

It started with smirk and it ended with a bang, and in between it changed the media universe.

#baldwin-alec, #brown-michael-1996-2014, #celebrities, #computers-and-the-internet, #decisions-and-verdicts, #denton-nick, #epstein-jeffrey-e-1953, #freedom-of-the-press, #goldberg-bryan-1983, #high-net-worth-individuals, #hogan-hulk, #magazines, #manhattan-nyc, #musk-elon, #new-york-city, #news-and-news-media, #social-media, #stalking-crime, #stewart-jon, #suits-and-litigation-civil, #television, #thiel-peter-a, #wrestling, #writing-and-writers

Layoffs by Email Show What Employers Really Think of Their Workers

There are good reasons to look someone in the eye when you fire them. Being nice is only one of them.

#alphabet-inc, #e-mail, #labor-and-jobs, #layoffs-and-job-reductions, #musk-elon, #organized-labor, #workplace-environment

Elon Musk Meets With House Speaker Kevin McCarthy

Elon Musk, the billionaire owner of Twitter, met with House Speaker Kevin McCarthy, stoking speculation about what the two had discussed.

#inflation-economics, #internal-storyline-no, #mccarthy-kevin-1965, #mcdonalds-corporation, #musk-elon, #suits-and-litigation-civil, #twitter

On Trump’s Truth Social: Ads for Miracle Cures, Scams and Fake Merchandise

Truth Social, the social network started by former President Donald J. Trump, has struggled to attract large brands.

#musk-elon, #right-wing-extremism-and-alt-right, #rumble-inc, #social-media, #trump-mediatechnology-group, #trump-donald-j

Tesla Bulls Take Heart From Strong Profits

Shares in the electric carmaker continued to rally after the company reported strong profits, even amid growing competition and economic pressures.

#adani-group, #adani-gautam-s, #bank-of-canada, #bezos-jeffrey-p, #byd-co-ltd, #chevron-corporation, #citigroup-inc, #company-reports, #electric-and-hybrid-vehicles, #ford-motor-co, #goldman-sachs-group-inc, #internal-storyline-no, #international-business-machines-corporation, #kingsbury-tom-1952, #manchin-joe-iii, #modi-narendra, #musk-elon, #sperling-gene, #tesla-motors-inc, #toronto-dominion-bank, #twitter, #volkswagen-ag

Tesla’s Profit Jumped 12% in Fourth Quarter

The electric car company is facing intensifying competition, supply chain disruptions and concerns about the behavior of Elon Musk.

#automobiles, #china, #company-reports, #electric-and-hybrid-vehicles, #musk-elon, #stocks-and-bonds, #supply-chain, #tesla-motors-inc, #twitter

Senators Will Prod Live Nation and Ticketmaster on Antitrust

The company’s grip on ticket sales, and its move last year to cancel sales for Taylor Swift’s upcoming tour, will be a big focus of an antitrust-focused hearing.

#alphabet-inc, #amazon-com-inc, #antitrust-laws-and-competition-issues, #apple-inc, #bankman-fried-sam, #benioff-marc, #company-reports, #elliott-management-corp, #google-inc, #internal-storyline-no, #klobuchar-amy, #live-nation-entertainment-inc, #microsoft-corp, #musk-elon, #openai-labs, #pichai-sundar, #roy-chip-1972, #salesforce-com-inc, #stocks-and-bonds, #swift-taylor, #ticket-scalping, #ticketmaster, #twitter

Elon Musk Says Saudi Fund Wanted to Take Tesla Private

Mr. Musk is testifying in a lawsuit filed by investors who claim that his statements about a plan to take Tesla private in 2018 caused them to lose billions of dollars.

#corporations, #electric-and-hybrid-vehicles, #musk-elon, #san-francisco-calif, #social-media, #stocks-and-bonds, #suits-and-litigation-civil, #tesla-motors-inc, #twitter

Elon Musk Testifies That His Tweets Did Not Drive Tesla’s Stock Price

The chief executive of Tesla testified in a federal civil trial about a 2018 plan to take the automaker private that fizzled out.

#chen-edward-m, #electric-and-hybrid-vehicles, #frauds-and-swindling, #mergers-acquisitions-and-divestitures, #musk-elon, #securities-and-exchange-commission, #social-media, #spiro-alex-1982, #stocks-and-bonds, #suits-and-litigation-civil, #tesla-motors-inc, #twitter

Elon’s Crumbling Empire and Generative A.I. Goes to Court

And, a cautionary tale for the media using A.I.

#artificial-intelligence, #cnet, #musk-elon, #openai-labs, #science-and-technology, #twitter

Why Some Executives Wish E.S.G. ‘Just Goes Away’

The environmental, social and corporate governance investment trend is booming, but it has also become a big distraction for business leaders.

#ardern-jacinda, #bankman-fried-sam, #blackrock-inc, #chipotle-mexican-grill-inc, #corporate-social-responsibility, #digital-currency-group-inc, #fink-laurence-d, #founders-fund, #gemini-trust-co-llc, #hk-ftx-trading-ltd-futures-exchange, #internal-storyline-no, #musk-elon, #sweetgreen, #thiel-peter-a, #trump-donald-j, #twitter, #world-economic-forum

Want a Giant Neon Twitter Bird? It’s One of Many Items Up for Auction.

The company’s artwork, high-end furniture and espresso machines are for sale in an online auction that evoked a more flush era when its tastes reflected its status as a hot tech-world employer.

#auctions, #chairs, #computers-and-the-internet, #furniture, #heritage-auctions, #lighting, #musk-elon, #san-francisco-calif, #social-media, #tables, #twitter

Davos Worries About a ‘Polycrisis’

So many global troubles have arisen that the political and business leaders at the World Economic Forum in Switzerland have adopted a buzzword to capture the moment.

#china, #internal-storyline-no, #musk-elon, #population, #tesla-motors-inc, #world-economic-forum

Elon Musk’s Appetite for Destruction

A wave of lawsuits argue that Tesla’s self-driving software is dangerously overhyped. What can its blind spots teach us about the company’s erratic C.E.O.?

#artificial-intelligence, #automobile-safety-features-and-defects, #automobiles, #compensation-for-damages-law, #electric-and-hybrid-vehicles, #ethics-personal, #musk-elon, #tesla-motors-inc, #traffic-accidents-and-safety

Elon Musk Faces Trial Over His 2018 Plan to Take Tesla Private

Investors are seeking billions of dollars in damages for their losses after Mr. Musk posted a proposal on Twitter that never materialized.

#automobiles, #chen-edward-m, #compensation-for-damages-law, #corporations, #courts-and-the-judiciary, #electric-and-hybrid-vehicles, #mergers-acquisitions-and-divestitures, #musk-elon, #public-investment-fund-saudi-arabia, #securities-and-exchange-commission, #social-media, #stocks-and-bonds, #suits-and-litigation-civil, #tesla-motors-inc, #twitter

Twitter Said to Consider Selling User Names to Boost Revenue

The company has discussed selling some user names through online auctions, people with knowledge of the plans said.

#auctions, #computers-and-the-internet, #mergers-acquisitions-and-divestitures, #mobile-commerce-and-payments, #musk-elon, #social-media, #twitter

Tesla Investors Fear for a Tough 2023

A huge sell-off wiped billions of dollars from the electric carmaker’s market capitalization on Tuesday. Analysts see more trouble ahead.

#ant-financial-services-group, #bankman-fried-sam, #blockfi-inc, #buck-joe, #buffalo-bills, #cincinnati-bengals, #digital-currency-group-inc, #electric-and-hybrid-vehicles, #football, #genesis-global-capital, #gensler-gary-s, #hamlin-damar-1998, #hk-ftx-trading-ltd-futures-exchange, #house-of-representatives, #mccarthy-kevin-1965, #microsoft-corp, #musk-elon, #tagovailoa-tua, #tesla-motors-inc, #twitter, #volkswagen-ag

How Sam Bankman-Fried Negotiated His Bail

Intense legal wrangling led to the disgraced crypto mogul paying virtually nothing to live with his parents ahead of his upcoming trial. He returns to court on Tuesday.

#andreessen-horowitz, #bankman-fried-sam, #constellation-brands-inc, #democratic-party, #epstein-jeffrey-e-1953, #european-parliament, #georgieva-kristalina-ivanova, #hk-ftx-trading-ltd-futures-exchange, #house-of-representatives, #iger-robert-a, #mccarthy-kevin-1965, #meta-platforms-inc, #musk-elon, #republican-party, #santos-george-1988, #standardpoors-500-stock-index, #stocks-and-bonds, #suits-and-litigation-civil, #twitter, #united-states-politics-and-government

Tesla Car Sales Grow Slower Than Expected, Amplifying Concerns

Wall Street has grown decidedly pessimistic about Tesla, fearful that Elon Musk, its chief executive, is too focused on Twitter.

#automobiles, #china, #company-reports, #consumer-behavior, #electric-and-hybrid-vehicles, #factories-and-manufacturing, #musk-elon, #stocks-and-bonds, #tesla-motors-inc, #united-states

Elon Musk’s Antics Hurt Tesla’s Democratic-Leaning Brand

Does Elon know who buys his stuff?

#automobiles, #democratic-party, #economics-theory-and-philosophy, #electric-and-hybrid-vehicles, #internal-sub-only-nl, #musk-elon, #tesla-motors-inc

Tesla Had a Bad Year. Some Investors Are Blaming Elon Musk.

Investors blame Elon Musk and wonder how much more the stock will fall.

#automobiles, #boards-of-directors, #china, #computers-and-the-internet, #denholm-robyn, #electric-and-hybrid-vehicles, #musk-elon, #social-media, #stocks-and-bonds, #tesla-motors-inc, #twitter, #two-thousand-twenty-two

Elon Musk’s Cuts at Twitter? A Data Center, Janitors, Some Toilet Paper

Elon Musk has reduced the company to a bare-bones operation, and employees are under a “zero-based budgeting” mandate to justify any spending.

#building-service-employees, #computer-network-outages, #computers-and-the-internet, #deloitte-touche-tohmatsu-ltd, #layoffs-and-job-reductions, #musk-elon, #sacramento-calif, #social-media, #twitter

31 Hours Inside SpaceX Mission Control

A reporter got an inside look at SpaceX’s attempt to launch and land three rockets in less than two days in October, part of the company’s bid to make spaceflight appear almost routine.

#engineering-and-engineers, #musk-elon, #national-aeronautics-and-space-administration, #private-spaceflight, #rocket-science-and-propulsion, #shotwell-gwynne, #space-and-astronomy, #space-exploration-technologies-corp, #starlink-satellite-constellation-spacex

The Numbers in the News

DealBook looks at the data points behind some of the biggest stories of the past year, and the themes that will endure in 2023.

#apple-inc, #bank-of-japan, #bankman-fried-sam, #china, #federal-reserve-system, #holmes-elizabeth-1984, #labor-and-jobs, #musk-elon, #peoples-bank-of-china, #theranos-inc, #twitter, #united-states-economy

As Covid-19 Continues to Spread, So Does Misinformation About It

Doctors are exasperated by the persistence of false and misleading claims about the virus.

#centers-for-disease-control-and-prevention, #computers-and-the-internet, #coronavirus-2019-ncov, #facebook-inc, #fauci-anthony-s, #freedom-of-speech-and-expression, #google-inc, #musk-elon, #rumors-and-misinformation, #social-media, #twitter, #vaccination-and-immunization

Can Elon Musk’s Tesla Really Last?

“Cool” doesn’t necessarily deliver sustained advantage.

#economics-theory-and-philosophy, #electric-and-hybrid-vehicles, #internal-sub-only-nl, #musk-elon, #tesla-motors-inc

She Worked for Twitter. Then She Tweeted at Elon Musk.

Sasha Solomon, a software engineer, joined others in the media business who lost their jobs this year after publicly taking on their employers.

#computers-and-the-internet, #layoffs-and-job-reductions, #musk-elon, #social-media, #twitter

Americans Are Realizing Tesla Isn’t the Only Electric Car

As Elon Musk’s politics turn off potential customers, many rival vehicles are coming to market.

#electric-and-hybrid-vehicles, #musk-elon, #tesla-motors-inc, #twitter