Sunday, November 17

Apple’s wise home play, EV stocks fall, and Elon Musk’s X bleeds users: Tech news roundup

Picture: Geoffroy Van der Hasselt/AFP(Getty Images), Allison Robbert-Pool(Getty Images ), Silas Stein/picture-alliance/dpa (AP), Kevin Dietsch (Getty Images), Michael M. Santiago(Getty Images), Gary Hershorn (Getty Images)

Bernard ArnaultPhoto: Geoffroy Van der Hasselt/AFP(Getty Images)

Bernard Arnault, who the Bloomberg Billionaires Index states is the world’s fifth-richest guy, is taking legal action against Elon Musk, which the index pegs as the wealthiest. The conflict in between the 2 includes an allegation that a person of Musk’s business, the social networks platform X(TSLA ), republished material from a variety of press outlets owned by Arnault.

Learn more

President-elect Donald Trump Photo: Allison Robbert-Pool(Getty Images )

Electric automobile stocks are falling Thursday after a report detailed the inbound Trump administration’s strategies to axe a tax credit for customers purchasing cleaner automobiles.

Find out more

The X app showed on a smartphone.Photo: Silas Stein/picture-alliance/dpa(AP)

Elon Musk might have assisted Donald Trump win the U.S. governmental election– however among his business is dealing with post-election losses.

The billionaire’s social networks platform, X, previously referred to as Twitter, set a U.S. web traffic record while likewise seeing its biggest wave of deactivations on the day after the election, according to information from digital market intelligence business Similarweb. The business has actually been tracking deactivations on X considering that Musk took control of the platform, and “Wednesday is the greatest exit we’ve seen over the last number of years,” David Carr, an editor at Similarweb (SMWB), informed Quartz.

Learn more

Elon Musk and President-elect Donald TrumpPhoto: Kevin Dietsch (Getty Images)

Tesla (TSLA) stock has actually been on a tear recently, reaching a $1 trillion market capitalization. The business is now larger than a strong portion of other significant car business– integrated.

Find out more

Elon MuskPhoto: Michael M. Santiago (Getty Images)

Tesla (TSLA) is riding President-elect Donald Trump’s go back to the White House to a huge stock rise. That has among its most significant bulls stating a “brand-new period” for Elon Musk’s car manufacturer.

Learn more

Picture: Gary Hershorn (Getty Images)

Apple (AAPL) is dealing with a wise home gadget to take on competitors Amazon (AMZN) and Google (GOOGL).

Bloomberg, mentioning unnamed sources acquainted with Apple’s strategies, reports that the iPhone maker is establishing what will be a wall-mounted home “command center” that will have the ability to manage devices, call Apple’s voice assistant Siri, and perform video calls.

Learn more

ยป …
Learn more