Business

Tesla Faces Critical Headwinds as China Sales Plummet in October 2024 The highly competitive Chinese electric vehicle (EV) market delivered a sharp challenge to Tesla in late 2024, with the company’s sales in the region falling to a three-year low in October 2024. This significant drop underscores the escalating pressure from powerful domestic manufacturers and…

The Illusion of Prosperity: Why the S&P 500 Doesn’t Tell the Whole Story On the surface, 2025 appears to be a banner year for U.S. equities. The benchmark S&P 500 index has delivered impressive returns, successfully navigating and recovering from a volatile tariff-induced springtime slump that briefly rattled global markets earlier this year. However, a…

Design Meets Intelligence: Ive and Altman Advance AI Hardware Prototype The highly anticipated collaboration between former Apple design chief Jony Ive and OpenAI CEO Sam Altman has reached a critical milestone: the creation of a functional hardware prototype. This confirmation signals a significant step toward realizing their shared vision for a new category of consumer…

California Greenlights Waymo for Commercial Driverless Expansion into Los Angeles and San Jose In a landmark decision that significantly accelerates the deployment of autonomous vehicles in California, Waymo, the self-driving technology subsidiary of Alphabet, has received official authorization to expand its fully autonomous, commercial ride-hailing services. The approval, granted by the California Public Utilities Commission…