Elon Musk's Starlink to help strengthen internet in remote UK places:
bbc.com/news/technology-63819322
Story Details
| Last Updated | Dec 01 22 |
| Total Articles | 10 |
News on this topic
Starlink speeds went down again in Q3: Guy can't catch a break.
mashable.com/article/starlink-ookla-q4-2022-speed-down
Elon Musk’s satellites to be part of UK trial to get internet to remote areas: The Starlink technology uses more than 3,000 low Earth small orbit satellites to ...
theguardian.com/technology/2022/nov/30/elon-musks-satellites-to-be-part-of-uk-trial-to-get-internet-to-remote-areas
Starlink: Elon Musk's satellites to beam high-speed broadband to remote areas of UK in government trial
news.sky.com/story/starlink-elon-musks-satellites-to-beam-high-speed-broadband-to-remote-areas-of-uk-in-government-trial-12759097
More articles on this subject
Previous
Starlink speeds went down again in Q3: Guy can't catch a break.
mashable.com/article/starlink-ookla-q4-2022-speed-down
Elon Musk’s satellites to be part of UK trial to get internet to remote areas: The Starlink technology uses more than 3,000 low Earth small orbit satellites to ...
theguardian.com/technology/2022/nov/30/elon-musks-satellites-to-be-part-of-uk-trial-to-get-internet-to-remote-areas
Starlink: Elon Musk's satellites to beam high-speed broadband to remote areas of UK in government trial
news.sky.com/story/starlink-elon-musks-satellites-to-beam-high-speed-broadband-to-remote-areas-of-uk-in-government-trial-12759097
Elon Musk's Starlink internet-beaming satellites trialled for remote parts of UK: The government trial will use Starlink to provide internet to places in the ...
itv.com/news/2022-12-01/elon-musks-starlink-internet-beaming-satellites-trialled-for-remote-parts-of-uk
Zelensky urges Elon Musk to visit Ukraine before proposing peace with Russia: Zelensky urges Elon Musk to visit Ukraine before proposing peace with Russia
wionews.com/world/zelensky-asks-elon-musk-to-visit-ukraine-before-making-peace-overtures-538990
UK to deploy Elon Musk’s Starlink in first test of satellite for rural connectivity
ft.com/content/a3ed483e-f76a-4ba6-a57f-a8ad8cf5b271
Paid articlePaid
UK to trial Elon Musk's satellite broadband equipment in remote locations: Britain is to trial using low Earth orbit satellites to provide high-speed internet ...
reuters.com/business/media-telecom/uk-trial-elon-musks-satellite-broadband-equipment-remote-locations-2022-11-30/
UK to test Starlink satellite broadband for those hard to reach areas: Mountainous areas or small islands to get coverage from Elon Musk's satellite ...
theregister.com/2022/12/01/uk_starlink_testing/
Tesla shares take off in double digits: Elon Musk can convince the stock market: Tesla shares rise 13% in after-hours despite missed expectations ...
boerse-online.de/nachrichten/aktien/tesla-aktie-hebt-zweistellig-ab-damit-kann-elon-musk-die-boerse-ueberzeugen-20355987.html
Quick Glance: Tesla: Prices Reduced in Germany - Musk's Strategies
- Tesla lowers prices in Germany to increase inventory and sales.
- Elon Musk addresses price complaints and emphasizes the need for flexible pricing.
- Buyers of Tesla vehicles during expensive phases may face depreciation.
- Tesla implements additional measures to boost sales, such as price cuts in the USA and adjustments in the Supercharger network.
Two horses seen galloping on the loose through central London: ITV News crews filmed two horses - who appeared to be on the loose - on Wednesday.
itv.com/news/london/2024-04-24/two-horses-seen-galloping-on-the-loose-through-central-london
Quick Glance: Uncontrolled Horses Cause Chaos in London
- Five military horses, including one covered in blood, escaped in London, injuring several people before being recaptured.
- During an exercise in central London, the horses spooked, causing injuries to soldiers and civilians.
- The horses weaved a destructive path through the city, colliding with vehicles and causing panic among bystanders.
- Multiple individuals were injured and taken to the hospital as police and fire crews worked to contain the situation.
Kensington Palace releases photo to celebrate Prince Louis' sixth birthday: The photo was taken by his mother, Kate, in the days running up to the prince's ...
itv.com/news/2024-04-22/prince-louis-celebrates-sixth-birthday
Quick Glance: Celebration of Prince Louis' Sixth Birthday by Kensington Palace
- A recent photo of Prince Louis, captured by The Princess of Wales in Windsor, has been posted on Kensington Palace's social media to commemorate his sixth birthday.
- In honor of his sixth birthday, events are being organized for William and Kate's youngest child to partake in.
- The released photo marks the first image of the children since the contentious Mother's Day picture altered by Kate.
- Following the Easter break, Prince Louis resumes classes at Lambrook School in Berkshire alongside his siblings.
Australian PM calls Elon Musk an 'arrogant billionaire' in row over attack footage
bbc.com/news/world-australia-68878967
Elon Musk Thinks You Should Be Able to Watch a Stabbing Video on X: X removes video of a bishop being stabbed in Australia, but pushes back on requests to block ...
pcmag.com/news/elon-musk-thinks-you-should-be-able-to-watch-a-stabbing-video-on-x
Musk moves Tesla's goalposts, investors happily move shares higher: It's the millions-of-robotaxis promise again – and all y'all buying it this time ...
theregister.com/2024/04/24/musk_moves_tesla_goalposts_back/
US to grow at double the rate of G7 peers this year, says IMF: Fund also upgrades inflation forecasts as strong demand and tight labour market delay possible Fed ...
ft.com/content/3b819571-662d-4185-9ca5-c7e682b55700
Quick Glance: IMF upgrades global growth forecast despite risks
- The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.
- IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.
- While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.
- Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
Tesla misses the mark on all fronts in quarter of chaos: Who cares that net profit slid 55%? Not Wall Street
theregister.com/2024/04/24/tesla_q1_2024/
Musk targets Australian senator, gun laws in deepening dispute over X stabbing content
reut.rs/44aDGJP
Michael O’Leary says he’d ‘happily’ offer UK deportation flights to Rwanda: The Ryanair boss said he would ‘quote for the business’ from the UK government if it ...
businesspost.ie/article/michael-oleary-says-hed-happily-offer-uk-deportation-flights-to-rwanda/
Paid articlePaid
US passes Ukraine and Israel aid package after months of infighting: President Biden will sign into law a package of military aid worth $95 billion for America’s ...
thetimes.co.uk/article/senate-passes-95-billion-military-aid-package-after-months-of-infighting-5j9zvn770
Paid articlePaidQuick Glance: Biden signs $95B aid package for Ukraine, Israel, Taiwan
- President Joe Biden rushed weapon deliveries to Ukraine and signed a $95 billion war aid package with assistance for Israel, Taiwan, and other global hot spots.
- The aid for Ukraine was approved after a lengthy battle with Republicans in Congress, with the first weapon shipments expected to arrive in the next few hours.
- The package includes military support such as air defense capabilities, artillery rounds, and armored vehicles to bolster Ukrainian forces.
- Despite the aid package, it remains uncertain if Ukraine can make enough progress to sustain American political support before running out of funds.
Elon Musk says its his turn to have the remote: X just announced a smart TV app for streaming video content. X TV may or may not launch at some point in the near ...
engt.co/4aKZI8x
Tesla Earnings Report Could Add to Concerns About Its Strategy: The first-quarter results will very likely fuel worries that competitors will continue grabbing a ...
nytimes.com/2024/04/23/business/tesla-earnings-first-quarter-elon-musk.html
Quick Glance: Tesla Profit Decline Alarms Investors
- Tesla's profit fell by 55% in the first quarter due to tepid car sales.
- Revenue dropped by 9% to $21.3 billion.
- Price cuts and job layoffs indicate challenges in cost control.
- Investors concerned about Tesla's declining sales and profits.
Who was St George? The irony behind England's patron saint: Today (23 April) marks St George’s Day – a day to celebrate the Christian martyr who became the ...
indy100.com/news/who-was-st-george
Elon Musk is feuding with Brazil’s powerful Supreme Court: The court has become the de facto regulator of social media in the country
economist.com/the-americas/2024/04/14/elon-musk-is-feuding-with-brazils-powerful-supreme-court
Paid articlePaidQuick Glance: Elon Musk's Clash with Brazil's Supreme Court
- Serial entrepreneur Elon Musk has been publicly criticizing Alexandre de Moraes, one of Brazil's Supreme Court judges, for the past week.
- The dispute revolves around X, a social media company owned by Mr. Musk, which announced on April 6th that a Brazilian court had ordered it to block a set of 'popular' accounts or face hefty fines.
- Mr. Moraes then initiated an inquiry against Mr. Musk for obstruction of justice, leading Mr. Musk to claim that censorship in Brazil is worse than in any other country where the platform operates.
- The row highlights the power of Brazil's Supreme Court and the debate on regulating social media without harming freedom of speech, which is a crucial battleground in Brazil.
Tesla's profit plummets: Stock market pleased with announcement of new models: The electric car manufacturer missed expectations with its business figures ...
faz.net/aktuell/wirtschaft/unternehmen/teslas-gewinn-stuerzt-ab-boerse-erfreut-ueber-ankuendigung-neuer-modelle-19674545.html
South Korean woman conned out of US$50,000 by fake Elon Musk she fell in love with on Instagram
scmp.com/news/asia/east-asia/article/3260197/south-korean-woman-conned-out-us50000-fake-elon-musk-she-fell-love-instagram
Quick Glance: South Korean Woman Falls Victim to $50k Elon Musk Deepfake Scam
- A South Korean woman was convinced to invest 70 million won ($50,770) after watching a fabricated video portraying someone who looked like Elon Musk, the CEO of Tesla, as reported locally on Tuesday.
- Jeong Ji-sun, identified by the pseudonym at KBS, disclosed her experience as a victim of a romance scam on KBS's 'In-Depth 60 Minutes.' During the episode on April 19, Jeong narrated her initial interactions with the scammer posing as Musk.
- Jeong's initial hesitations dissipated swiftly. The scammer forwarded his identification and a workplace photo to Jeong. Moreover, he discussed aspects such as his children and commuting to Tesla or SpaceX via helicopter. He further mentioned his sporadic outreach to fans.
- The program highlighted the prevalent use of AI in these romance scams. The swindler engaged in a form of deception known as 'pig butchering,' as explained by the producer. This approach involves gradually enticing victims to increase their contributions to an apparently legitimate investment before the perpetrator vanishes.
UK Boosts Borrowing to Cover Deficit, Curbing Tax Cut Hopes: The UK boosted its borrowing plans after the government’s budget shortfall overshot forecasts ...
bloomberg.com/news/articles/2024-04-23/uk-budget-deficit-overshoots-in-setback-for-hunt-s-tax-cut-plans
Paid articlePaid Tesla could start selling Optimus robots by the end of next year, Musk says: Tesla's humanoid robot is still in the lab, but it may be ready to sell as soon as ...
reuters.com/technology/tesla-could-start-selling-optimus-robots-by-end-next-year-musk-says-2024-04-24/
Quick Glance: Tesla aims to potentially launch its humanoid robot Optimus next year, Elon Musk suggests
- Elon Musk hinted at the possibility of Tesla introducing its humanoid robot Optimus to the market next year. The company plans to deploy the robot in its own factory by the year's end.
- Not long ago, Tesla revealed “Optimus Gen 2”, a new iteration of its humanoid robot designed to assume repetitive human tasks.
- Tesla's confidence in achieving this stems from its utilization of AI technologies in the self-driving vehicle sector and its proficiency in battery and electric motor innovations. The notion that its vehicles are essentially robots on wheels was posited.
- Envisioning a future where households incorporate a Tesla Optimus robot that assumes various manufacturing and service roles, the CEO's perspective is clear.
Brazil seeks to weaken fiscal targets it set only a year ago: Leftist administration of Luiz Inácio Lula da Silva wants greater flexibility on budget surplus ...
ft.com/content/14e6a4d4-8be7-46cf-bb51-8445b0e85dc1
Quick Glance: Brazil Moves to Relax Fiscal Targets Set a Year Ago
- The leftist administration of Luiz Inácio Lula da Silva wants more flexibility on budget surplus goals
- Brazilian President Luiz Inácio Lula da Silva’s government is seeking to loosen its own budget targets as investor concerns rise about the risk of fiscal slippage in Latin America’s largest economy
- Ministers intend to balance the budget next year, replacing the previous goal for income to exceed outgoings by 0.5 per cent of gross domestic product
- Analysts warn that the current deficit targets are unrealistic and likely to be tweaked, prompting investors to express concerns about Brazil’s economic approach under Lula
UK businesses to suffer if TikTok banned in the US: UK businesses using TikTok say they could see a significant drop in sales if the app is banned in the US.
bbc.com/news/articles/c3gl5qly48qo
Quick Glance: Measures Against TikTok: Biden Sets Deadline for Sale
- President Biden has signed legislation requiring ByteDance to fully divest from TikTok within a year or potentially face a nationwide ban.
- This action poses a significant challenge to the future of the video-streaming app in the U.S. and escalates the technological conflict between America and China.
- TikTok plans to take legal action against the Biden administration, citing concerns that the law could impede the free speech of millions of Americans.
- This requirement was incorporated into a bill providing foreign aid for Israel, Ukraine, and Taiwan, mandating ByteDance to sell its stake in TikTok within 12 months under the threat of closure.
Tesla profits drop 55% as Elon Musk dodges cheap car questions: Tesla spent $1 billion on GPUs even as its profit margins shrank by half.
arstechnica.com/cars/2024/04/tesla-profits-drop-55-as-elon-musk-dodges-cheap-car-questions/
Australia PM calls Musk 'arrogant billionaire' after court orders X to hide church stabbing posts
reut.rs/448L5t3
Post-Brexit Food Checks Will Be ‘Light-Touch,’ UK Minister Says: The UK will enforce “light-touch” post-Brexit checks on food and plant products beginning later ...
bloomberg.com/news/articles/2024-04-23/post-brexit-food-checks-will-be-light-touch-uk-minister-says
Tesla needs to fire Elon Musk as CEO if it wants to save itself: Tesla is in trouble: sales are falling and competition from China is ramping up ...
businessinsider.com/tesla-fire-elon-musk-new-ceo-evs-china-sales-earnings-2024-4
Quick Glance: Elon Musk must be removed as CEO to save Tesla
- Tesla is struggling with declining sales, layoffs, and issues in China.
- Elon Musk is blamed for the company's state and his departure could save Tesla.
- Tesla has failed to craft a strategy for chaotic times, resulting in a shrinking market share in China.
Tesla (TSLA) Cybertruck Recall Is Latest Setback to Stock’s Rough 2024: The stock is sliding, a cheaper electric car is deprioritized and the CEO is riling the ...
bloomberg.com/news/features/2024-04-21/tesla-tsla-cybertruck-recall-is-latest-setback-to-stock-s-rough-2024
Paid articlePaidQuick Glance: Tesla Cybertruck Recall and Stock Decline 2024
- Elon Musk's underlings at Tesla Inc. are accustomed to chaos, but this year has been particularly turbulent. The stock price has plummeted, there has been confusion around product decisions and price cuts. Tesla's position in the Chinese EV market is under threat, and a meeting with India's Prime Minister for a planned investment announcement was abruptly called off.
- Tesla is expected to report a significant drop in operating profit and its first revenue decline in four years. Musk has ordered massive layoffs and is staking the company's future on a self-driving vehicle concept called the robotaxi. Many employees are unsettled by the changes the CEO wants to implement.
- Musk has been discussing the concept of an autonomous taxi service for at least eight years, but Tesla has not yet built the infrastructure required for it. The focus is now on the robotaxi instead of a cheaper mass-market vehicle that many investors deem crucial. Key managers have left the company, and analysts are concerned about Tesla's strategy.
- Musk has announced that more than 10% of the workforce will be laid off. Transitioning to the robotaxi service is risky, as regulation at the state and local level can be challenging. Nevertheless, Musk is betting on Tesla making robotaxis a reality by promoting FSD and cutting prices. Some of the Tesla layoffs were poorly organized and perceived as humiliating.
Britain to raise defence spending to 2.5% of GDP by 2030: Rishi Sunak is expected to say he will increase the UK military budget every year ...
thetimes.co.uk/article/rishi-sunak-defence-spending-uk-2030-xxgfwtvf7
Paid articlePaidQuick Glance: Increase in UK defence spending by 2030
- Prime Minister Rishi Sunak commits to raising spending to 2.5% of GDP, putting the defence industry on a 'war footing'.
- Sunak emphasized the need for deeper stockpiles of munitions and quicker replenishment due to the events in the Ukraine conflict.
- The planned increase in defence spending would require significant financial reshuffling, partly through announced measures to reduce the size of the civil service.
- Shortly after announcing the pledge to send weapons worth 500 million pounds to Ukraine, this commitment followed.
Elon Musk apologizes to laid off Tesla employees for a major mistake: Musk just informed his Tesla employees of an issue that was brought to his attention.
thestreet.com/electric-vehicles/elon-musk-apologizes-to-laid-off-tesla-employees-for-major-mistake
Tesla's in trouble. Is Elon Musk the problem?: Cybertruck: stalling. The stock: falling. The CEO: appalling. Why his gamble may cost him more than a $50 billion ...
mashable.com/article/tesla-without-elon-musk
Uber and Lyft Stock Fall on Robotaxi Worries. That Doesn’t Make Sense.: Comments from Tesla CEO Elon Musk seem to be putting pressure on shares of the ...
barrons.com/articles/uber-lyft-stock-tesla-robotaxi-8a2cc67a
Paid articlePaid
Tesla cuts prices around the world as sales decline in a chaotic week: Global vehicle deliveries fall for first time in four years amid growing competition ...
theguardian.com/technology/2024/apr/21/tesla-sales-price-cuts-elon-musk
Elon Musk vows to fight Australian injunction to hide church attack videos on X: Billionaire accuses Canberra of censorship over calls to remove footage of ...
ft.com/content/3b13e0c2-78f7-473e-924c-923649832f25
Elon Musk and Tesla: Is the CEO’s controversial behavior responsible for company’s struggles?
mercurynews.com/2024/04/22/elon-musk-and-tesla-is-the-ceos-controversial-behavior-responsible-for-companys-struggles/
Quick Glance: Elon Musk and Tesla: Influence of CEO's divisive behavior on company's challenges
- The wealthiest individual globally freely voices his opinions, often sparking debate.
- Elon Musk, Tesla's CEO, has attacked U.S. election integrity, embraced White-supremacist propaganda, and accused President Joe Biden of treason.
- Experts suggest that Musk's conduct may deter potential customers, but larger issues impact his company. With growing competition in the electric vehicle market, his polarizing personality could lead to more significant long-term damage.
- While Musk may be damaging Tesla’s image with some consumers, the primary focus remains on the product and its dependability. Many consumers do not base their purchasing decisions on the political views of the company's leader.
Tesla’s profits are being sunk by a tide of electric cars: First-quarter profits for Elon Musk’s company have more than halved, with the EV market awash with ...
smh.com.au/business/companies/tesla-s-profits-are-being-sunk-by-a-tide-of-electric-cars-20240424-p5fm6k.html
Musk decries Australian court 'censorship' of X terror posts: Elon Musk lashed out at Australia's prime minister on Tuesday after a court ordered his social ...
reuters.com/world/asia-pacific/australia-pm-calls-musk-arrogant-billionaire-after-court-orders-x-hide-church-2024-04-23/
Quick Glance: Musk criticizes Australian court 'censorship' of terror posts
- Elon Musk lashed out at Australia's prime minister after a court ordered his social media company X to take down footage of an alleged terrorist attack in Sydney.
- X was directed to temporarily hide posts showing video of the incident where a teenager was charged with terrorism for knifing an Assyrian priest and others.
- Musk questioned whether the Prime Minister should have jurisdiction over the entire internet and emphasized the importance of free speech.
- The incident sets up a new conflict between major internet platforms and countries and nonprofits seeking more oversight of the content hosted on them.
Three arrested over Channel migrant deaths: The men were arrested on suspicion of facilitating illegal immigration and of entering the UK illegally, police said.
bbc.com/news/uk-68890850
Prince Harry confirms he is now a US resident: Prince Harry, the son of King Charles III and fifth in line to the British throne, has formally confirmed he is ...
apnews.com/article/prince-harry-us-resident-meghan-5bad226e20fede037b5ce836cb1e6a60
Quick Glance: Prince Harry Officially Residing in U.S.
- Prince Harry and his wife Meghan have considered California home, and now his official residency in the U.S. has been documented in a corporate filing.
- The document was filed at Britain’s corporate registrar, Companies House, to update the official residency of the British royal for business records of Travalyst Limited.
- There had been little official confirmation of Harry’s residency status until this week, with an entry indicating a change of residency to June 29, 2023, the day the couple left Frogmore Cottage, their British home.
- It is unclear what type of U.S. visa or residency permit Harry holds, despite efforts by conservative activists in the U.S. to ascertain them, including an ongoing lawsuit.
Elon Musk's Earnings Call Was a Marketing Master Class: On the wild earnings call yesterday. Plus: A new approach to drug discovery.
bloomberg.com/news/newsletters/2024-04-24/elon-musk-s-earnings-call-was-a-marketing-master-class
Nvidia Got Some Good News From Elon Musk. Here's What's Driving the Stock.: The Tesla CEO talked about demand for Nvidia chips. It should quell fears that orders ...
on.barrons.com/3JE5Mn3
Elon Musk finally the 'adult in the room,' Tesla headed for growth: Wedbush: "Elon Musk finally stepped up as the adult in the room and laid the foundation for ...
markets.businessinsider.com/news/stocks/tesla-stock-price-elon-musk-q1-earnings-outlook-model-2-2024-4
Quick Glance: Elon Musk Leads Tesla to Growth: Wedbush
- Elon Musk is referred to as the 'adult in the room' and lays the foundation for Tesla's growth strategy, according to Wedbush analysts.
- Tesla stock could be headed for better days, as Elon Musk finally steps up as the 'adult in the room' to calm investors amidst various headwinds, noted Wedbush Securities analyst Dan Ives.
- The company particularly reiterated its guidance on the Model 2, a lower-cost electric vehicle set to roll out next year, eagerly awaited by Wall Street to boost sales. This cheaper model will be crucial for Tesla's success, focusing on sales volume in the near term, as highlighted by Ives.
- Despite short-term headwinds, Tesla is on a good trajectory in the long run, as mentioned by Wedbush. Ives added that the company has a 'golden vision' regarding its full self-driving technology, pivotal for Tesla's strategy over the next decade.
Tesla’s in its flop era: Tesla is in trouble. Sales are down, its stock is tumbling, and the company’s future appears to be in doubt ...
theverge.com/24134781/tesla-q1-2024-earnings-sales-market-share-elon-musk
Days After Layoffs, Tesla Pushes Stockholders to Approve Elon Musk's $56 Billion Pay Package
entrepreneur.com/business-news/tesla-to-shareholders-approve-ceo-musks-record-high-pay/472850
Oxford shuts down institute run by Elon Musk-backed philosopher: Nick Bostrom’s Future of Humanity Institute closed this week in what Swedish-born philosopher ...
theguardian.com/technology/2024/apr/19/oxford-future-of-humanity-institute-closes
Tesla to cut 14,000 jobs as Elon Musk aims to make carmaker ‘lean and hungry’: Billionaire says ‘there is nothing I hate more’ than cutting staff as more than ...
theguardian.com/technology/2024/apr/15/tesla-cut-jobs-elon-musk-staff
Almost Half of UK Tax Collectors Miss Target to Work in Office: Almost half of Britain’s tax collectors are failing to meet the government department’s ...
bloomberg.com/news/articles/2024-04-24/almost-half-of-uk-tax-collectors-miss-target-to-work-in-office
Paid articlePaid
Tesla Recalls All Cybertrucks Over Accelerator Pedal Defect: Elon Musk's new favorite toy is going as well as everything else he's touched lately.
gizmodo.com/tesla-recalls-all-cybertrucks-over-accelerator-pedal-de-1851421654
Quick Glance: Tesla Cybertrucks Recall Issued
- Tesla responds to defective accelerator pedals in nearly 3,900 Cybertruck pickups causing unintended acceleration.
- The recall involves Cybertruck vehicles manufactured between November 2023 and April 2024.
- An unauthorized use of soap during the accelerator pedal assembly likely led to the defect.
- Tesla voluntarily recalled the vehicles on April 12 due to two customer complaints.
StanChart Tells Clients Craving Oil, Copper to Beware Inflation: Some Standard Chartered Plc clients are increasingly favoring tangible assets like copper and ...
bloomberg.com/news/articles/2024-04-24/stanchart-tells-clients-craving-oil-copper-to-beware-inflation
Tesla Promises 'More Affordable Vehicles' and a 'Cybercab': Elon Musk’s automaker told investors Tuesday that sales and revenue are down but that new “more ...
wired.com/story/tesla-promises-more-affordable-vehicles-cybercab/
US deficit poses ‘significant risks’ to global economy, warns IMF: Fund also cites concerns over fiscal ‘imbalances’ in UK, China and Italy
ft.com/content/0d098011-0ff5-4125-8cbb-5a5b281c9bd0
Quick Glance: IMF Warns of Fiscal Deficits in US and China
- The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.
- Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.
- In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.
- The IMF noted that “large and sudden increases” in US borrowing costs typically lead to surges in government bond yields globally and exchange rate turbulence in emerging markets and developing economies.
Tesla posts its biggest revenue drop in 12 years — but the stock pops as Elon Musk promises cheaper EVs soon
qz.com/tesla-q1-earnings-stock-ev-demand-1851430238
Stock Markets Today: Tesla, Elon Musk, Meta, Treasuries, TikTok ban, Fed: Good morning. Tesla’s shares soar on its plans to roll out cheaper cars as soon as this ...
bloomberg.com/news/newsletters/2024-04-24/stock-markets-today-tesla-elon-musk-meta-treasuries-tiktok-ban-fed
Meta's Threads now has more daily US users than Musk's X: Launched less than a year ago as a rival for Twitter, Threads is continuing to gain ground with users.
businessinsider.com/meta-threads-more-daily-us-users-twitter-elon-musk-x-2024-4
Violence breaks out at St George's Day event in central London: The Metropolitan Police released footage showing a group of men - some draped in St George's ...
news.sky.com/story/violence-breaks-out-at-st-georges-day-event-in-central-london-13121301
UK Regulator Plans to Broaden Scope of ESG Investing Regulations: The UK’s Financial Conduct Authority is planning to expand the scope of its ESG investment ...
bloomberg.com/news/articles/2024-04-23/uk-regulator-plans-to-broaden-scope-of-esg-investing-regulations
What happened to Tesla? Weak sales, layoffs and recalls weigh on outlook.: The company is facing its greatest set of challenges since a series of unforced errors ...
washingtonpost.com/technology/2024/04/23/elon-musk-tesla-earnings-outlook/
Elon Musk's SpaceX seems to have a workplace injury problem: A new report found that employees are getting injured at higher rates than at other space companies
qz.com/elon-musk-space-x-injuries-earnings-layoffs-1851429089
Quick Glance: Injury Rates at SpaceX Exceed Industry Average
- Injury rates at SpaceX facilities surpassed industry average in 2023.
- Injuries at SpaceX locations worsened compared to 2022.
- Experts raise concerns about the quality of work at SpaceX.
- SpaceX and Musk have not publicly addressed safety record in detail.
Tesla Cuts Prices by $2,000 as Sales Slow, Inventories Swell: Tesla Inc. cut prices of its best-selling Model Y, as well as the Model S and X, by $2 ...
bloomberg.com/news/articles/2024-04-20/tesla-cuts-prices-by-2-000-as-sales-slow-inventories-swell
Paid articlePaid Tesla shares rise on plans to accelerate launch of ‘more affordable’ models: Elon Musk-led electric vehicle maker’s stock jumps after-hours despite reporting a ...
ft.com/content/d8afadd2-9d67-4a4c-b6e8-c7d4dda7521b
Paid articlePaid UK grocery inflation falls to 30-month low: Grocery price growth eases to 3.2% in four weeks to mid-April as retailers focus on special offers
ft.com/content/da639524-3d28-42de-b494-57be5af69628
Paid articlePaid Spotify hits record quarterly profit as it enters ‘new phase’: Pioneer of music streaming kicks off more mature era for its business after years of freer ...
ft.com/content/b6353fb2-a149-46ae-bb12-901e65d2c445
Australia secures takedown order for terror videos, which Elon Musk wants to fight
theregister.com/2024/04/23/australia_x_terror_video_takedown/
Great Britain: Sunak wants to deport “no ifs and buts”: Despite an interim injunction, a supreme court decision and sharp criticism: British Prime Minister Sunak ...
tagesschau.de/ausland/europa/grossbritannien-abschiebungen-sunak-100.html
Quick Glance: British Parliament Approves Deportations to Rwanda
- The controversial plan to deport refugees to Rwanda has been approved by the British Parliament.
- Despite resistance in the upper house and multiple votes, the law was passed.
- Prime Minister Sunak is pushing for deportations to deter refugees from dangerous crossings.
- Experts question the effectiveness of the measure, while concerns about costs and legal implications persist.
Frank Field, Labour MP and peer, dies aged 81: Former minister revealed last year that prostate cancer had spread to his jaw
thetimes.co.uk/article/frank-field-dies-dead-labour-mp-3q5dsl0nt
Paid articlePaidQuick Glance: Farewell to Frank Field: A Life Dedicated to Social Justice
- The former Labour minister and advocate for poverty alleviation, Frank Field, has passed away at the age of 81.
- Throughout his career in Westminster, Lord Field championed social causes such as child poverty and modern slavery for over four decades.
- Field succumbed to a long battle with cancer in a care home in London. He advocated for a 2021 bill on assisted dying in England and Wales.
- His family emphasized that Field will be mourned by admirers in the political realm, but most of all missed by those fortunate enough to have experienced his laughter and friendship.
Tesla Announces Steep Employee Cuts Amid Revenue Drop: Elon Musk's electric vehicle company is laying off more than 6,000 employees after reporting a 9% drop in ...
huffpost.com/entry/tesla-layoffs-california-texas_n_66282c39e4b096c7bac6847b
Tesla asks shareholders to help Elon Musk get paid $56 billion: Tesla's stock has slumped in 2024 amid concerns about middling demand for EVs
axios.com/2024/04/17/elon-musk-pay-package-tesla-delaware-court
Quick Glance: Why Tesla Wants Approval for Elon Musk's $55 Billion Compensation Package
- Tesla is seeking shareholder approval for Elon Musk's compensation package, which was previously rejected by a judge.
- The company asserts that implementing the plan is crucial for Tesla's future growth.
- Elon Musk will be rewarded with stock options that become available when Tesla achieves specific financial objectives.
Elon Musk cancels trip to India over 'heavy Tesla obligations': Elon Musk shared the announcement in an X post on Saturday, just three days before Tesla's Q1 ...
businessinsider.com/elon-musk-cancels-trip-to-india-tesla-layoffs-struggles-2024-4
Quick Glance: Elon Musk postpones India trip due to Tesla issues
- Elon Musk has delayed his planned trip to India due to Tesla facing challenges.
- The Tesla CEO was set to travel to India next week to meet with Prime Minister Narendra Modi.
- While not revealing many specifics about the trip, Musk reportedly intends to announce an investment of $2 to $3 billion in India. He aims to establish a new factory in India, where the electric vehicle market is small but growing.
- Musk's decision to delay the trip coincides with Tesla's earnings release on April 23, where Musk and investors will address the company's tumultuous start to 2024.
Tesla Is in Panic Mode. Can Elon Musk Turn the Company Around? : The carmaker's profits fell 55% in the first quarter of 2024. Elon Musk faces major challenges ...
time.com/6970399/tesla-stock-earnings-call-elon-musk/
MEPs call to seize Russia’s hundreds of billions in frozen assets: Lawmakers want to see more support for Ukraine as US and UK counterparts advance.
euronews.com/my-europe/2024/04/23/meps-call-to-seize-russias-hundreds-of-billions-in-frozen-assets
Quick Glance: State Customs Service: Polish Protesters Cease Border Blockade
- The blockade by Polish protesters at the Yahodyn-Dorohusk border crossing on the Polish-Ukrainian border was lifted by Ukraine's State Customs Service on April 22.
- Traffic flow in both directions was restored as of 1:40 p.m.
- As per Valentyna Chernysh, a representative of the customs office in Volyn Oblast, there were 400 trucks queued on the Polish side of the border, with an additional 140 in a digital queue.
- Despite a reduction in border blockades, the State Customs Service indicated on April 17 that Polish protesters intended to block the Korczowa-Krakovets border crossing for a two-day period.
The Most Embarrassing Blunders From Elon Musk’s Attempt at AI-Generated News: Elon Musk's AI chatbot Grok often takes jokes and displays them as real news ...
gizmodo.com/most-embarrassing-blunders-elon-musks-grok-ai-news-1851416945
Tesla jumps as Musk's promise of 'more affordable' cars eases growth fears: Tesla shares surged 10% on Wednesday after the electric-car maker eased some worries ...
reuters.com/technology/tesla-jumps-musks-promise-more-affordable-cars-eases-growth-fears-2024-04-24/
Man and woman charged over £1000 dine and dash theft: Ann McDonagh, 39, and Bernard McDonagh, from Port Talbot in Wales, have been charged with five counts of ...
metro.co.uk/2024/04/24/two-people-charged-dine-dash-spree-wales-20709589/
So much for free speech on X; Musk confirms new users must soon pay to post: The fee, likely $1, is aimed at stopping “relentless” bots, Musk said.
arstechnica.com/tech-policy/2024/04/so-much-for-free-speech-on-x-musk-confirms-new-users-must-soon-pay-to-post/
Quick Glance: Musk Plans Fee for New X Users
- Elon Musk intends to charge new users of X in the initial months to curb the activity of automated bot accounts.
- The fee is set to be waived after three months to allow free posting.
- Tests in New Zealand and the Philippines raised skepticism about the effectiveness of the fee as a countermeasure against bots.
- Declining revenues at X post-rebranding and Twitter acquisition, along with a negative brand perception by companies, are impacting the service's business.
UK police charge two men with spying for China
reut.rs/4aHN4XD
Quick Glance: Charges Filed Against UK Ex-Parliamentary Researcher for 'China Espionage'
- London's Metropolitan Police has accused two men, researcher Christopher Cash and Christopher Berry, of violating the Official Secrets Act.
- The charges coincided with the announcement of the arrest of three German nationals suspected of spying for China and accessing secret maritime technology by German investigators.
- The British duo is alleged to have transmitted 'articles, notes, documents or information' to a foreign state between 2021 and the previous year.
- In September, the Met Police disclosed the arrest of a man in his twenties on espionage suspicions. The Sunday Times revealed his parliamentary researcher identity.
X to Launch TV App in Quest for More Video Viewers: Elon Musk's X will launch a TV app that allows users to watch X videos on their television screens.
thewrap.com/x-twitter-tv-app-details/
Big victim or big mouth? Time for Australia to put Elon Musk in his place: At its heart, this case is about Australian sovereignty over a company that has a deep ...
smh.com.au/politics/federal/big-victim-or-big-mouth-time-for-australia-to-put-elon-musk-in-his-place-20240423-p5fm01.html
Lawsuit accuses Grindr of illegally sharing users' HIV status: LGBTQ+ dating app's maker previously denied selling sensitive user data
theregister.com/2024/04/22/class_action_suit_data_protection_uk_grindr/
Quick Glance: Lawsuit Alleges Grindr's Unauthorized HIV Status Disclosure
- A group of 670 individuals have joined a class action lawsuit against LGBTQ+ dating app Grindr in the UK seeking damages for the alleged unauthorized disclosure of HIV status and other sensitive data to third parties.
- The lawsuit claims that Grindr violated UK data protection laws by sharing user data without consent, particularly data disclosed before April 3, 2018, and between May 25, 2018, and April 7, 2020.
- Researchers from SINTEF in 2018 published information indicating that Grindr was sharing user data, including HIV status, with analytics companies, sparking intense criticism and prompting changes to the company's privacy policy.
- Grindr was fined 65 million Norwegian kroner for violating GDPR consent rules, leading to further legal issues in the US.
Pentagon rushes $1bn in weapons to Kyiv after Biden signs aid bill: US president says ‘we need to move fast’ as Ukrainian troops falter on front lines
ft.com/content/34ea3db2-3f04-4850-a789-cdb2e27ad1e6
Musk’s war with Australia: Coalition pushes compulsory age limits for social media
smh.com.au/politics/federal/musk-s-war-with-australia-coalition-pushes-compulsory-age-limits-for-social-media-20240423-p5flzy.html
Fintech firm Revolut plans to hire 1,500 staff by end of year: British fintech company Revolut has added nearly 2,000 employees since the start of 2024 and plans ...
reuters.com/business/finance/fintech-firm-revolut-plans-hire-1500-staff-by-end-year-2024-04-24/
Next
New to NewsWall?
Sign up now to get your own personalized news!
Trending topics