Elon Musk’s X Is Worth 71% Less Than He Bought It For, Says Fidelity
Photo: Antonio Masiello (Getty Images) A mutual fund that helped Elon Musk buy X now says the platform is worth 71.5% less than the $44 billion it was purchased for…
Citi Bike Rings in the New Year With a Price Hike
New York City and New Jersey residents who are already exasperated by periodic increases in MTA subway fares are going to lack even more options for cheap public transit. Out…
Elon Musk’s xAI Jumps on the Bandwagon of Rich Startups ‘Benefiting Humanity’
Elon Musk’s artificial intelligence company xAI organized in Nevada as a for-profit benefit corporation, The Information reported on Tuesday. The company behind the Grok chatbot is the latest AI startup…
Sorry Elon: Chinese Company Overtakes Tesla as Most Popular Electric Carmaker
Photo: kovop / Shutterstock.com (Shutterstock) 2023 was a bad year for Elon Musk. Even before his antisemitic tirade, the billionaire’s mounting failures at X/Twitter took Musk from media darling to…
Dec. 24 Is Your Last Chance To Get An Apple Watch Series 9
Apple is moving to pull all its newest Ultra watches from its online and physical stores, but you should still be able to find them in your local Target or…
Anthropic Could Be Headed for an OpenAI-Style Showdown
Anthropic is reportedly in talks to raise $750 million from Menlo Ventures, which values the startup at $15 billion, according to The Information. Like OpenAI, Anthropic also has a complicated…
Users Flock to Threads as X Suffers Largest Outage Since Musk Takeover
Photo: Chesnot (Getty Images) Over 90,000 users on X experienced an outage on Thursday morning, marking the platform’s most severe outage since Elon Musk’s takeover in October of 2022, according…
A Potential Warner Bros and Paramount Merger Could Be Hollywood’s Next Megacorp
Illustration: Garry Brown/IDW All eyes are on Warner Bros. Discovery and Paramount Pictures after the CEOs of each company met Tuesday in New York City to explore a possible merger.…
Flightless Bird: E-Scooter Company Bird Declares Bankruptcy
Electric scooter company Bird is flying south for the winter, and it might be a very different kind of fowl by the time it returns. The Miami, Florida-based micro-mobility company…
Polish Train-Bricking Scandal Reportedly Kept Under Wraps by Government Officials
A Polish hacking group, Dragon Sector, went public recently with a scandal about one of Poland’s oldest train makers, Newag, bricking its own trains when they were repaired by third…