Authored by Amaka Nwaokocha via CoinTelegraph.com,
Elon Musk envisions X as an all-encompassing financial platform, embracing every aspect of users’ financial lives, from money and securities to eliminating the need for traditional bank (more…)
General Motors' autonomous car unit, Cruise, announced on X Thursday night that all its driverless car fleets nationwide will be halted after several collisions and a suspension of its license in California.
"The most important thing for us right now is to take steps to rebuild public trust. Part of this involves taking a hard look inwards and at how we do work at Cruise, even if it means doing things that are uncomfortable or difficult," Cruise wrote in a post.
The (more…)
Mark Zuckerberg may be certain that the future of his company lies in the metaverse, but to many, it continues to look like a giant money pit.
As Statista's Felix Richter details below, in the first nine months of 2023, the company’s Reality Labs division, i.e. its forays into AR, VR and metaverse-related software, recorded an operating loss of $11.5 billion, which shows the company might be on course to break its own negative record of $13.7 billion in 2022.
That’s on (more…)
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