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Volkswagen’s Audi Partners With SAIC For New EV Platform In China

By Shivani Kumaresan
May 20, 6:42 AM
Audi, a subsidiary of Volkswagen AG, is developing new models on a China-specific "Advanced Digitized Platform" with SAIC. This collaboration will expand Audi's BEV portfolio in China, accelerating its transformation in the world's largest market. The first model is set to launch in 2025, reducing time-to-market by over 30%.

POAHF

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Amazon CEO Andy Jassy Identifies The Most Crucial Skill For Success: ‘Embarrassing Amount’ Depends On This

By Benzinga Neuro
May 20, 6:32 AM
Jassy, who took over from Jeff Bezos in 2021, believes that a positive attitude is the key to success. He emphasized the importance of a positive mindset, especially in one's 20s, as it significantly impacts success.

AMZN

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Activist Investor Elliott Acquires Major Stake In Johnson Controls: Report

By Shivani Kumaresan
May 20, 6:24 AM
Elliott Investment Management has reportedly acquired a substantial stake in Johnson Controls International, exceeding $1 billion, ranking it among the top ten investors in the company. Despite a 9.2% rise in Johnson Controls' shares over the past year, the company's performance lags behind industry peers.

CARR

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4 minute read
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‘Oh My Word:’ Tesla FSD Wows Boris Johnson As It Drives His Family Around ‘Hair-Raising’ LA Roads; Ex-UK Leader Reveals New Feature In Works

By Shanthi Rexaline
May 20, 3:34 AM
A Tesla representative told Johnson that the vehicle was five or six times safer than a human driver. 

TSLA

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Upgraded Apple AirTag With Advanced Chip And Superior Location Tracking Set for 2025 Launch, Says Mark Gurman

By Ananya Gairola
May 20, 2:18 AM
Apple Inc. is developing an upgraded AirTag with enhanced features for launch in 2025, amidst ongoing concerns about the device's misuse for stalking.

AAPL

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Will Nvidia’s Earnings Stoke Market Rally Further? Strategist Weighs In: ‘I Would Think Investors Are Going To Be Nervous’

By Shanthi Rexaline
May 19, 7:04 PM
Nvidia and other major AI plays have been central to the stock market rally seen this year, helping to propel major indices to new highs.

NVDA

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3 minute read
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Jamie Dimon’s Lobbying Pays Off? Report Says Regulators Contemplate Significant Reduction In Proposed Capital Norms Increase For Big Banks

By Shanthi Rexaline
May 19, 6:51 PM
Big banks' efforts to take on regulators' efforts to significantly increase capital requirements will likely pay off.

GSIB

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Apple’s WWDC Announcements May Not Be As ‘Impressive’ As OpenAI, Google, Says Gurman: ‘They Can Improve Their AI Technology Quickly And Keep Wowing Users’

By Shanthi Rexaline
May 19, 11:17 AM
Apple, which has lagged behind its rivals in the AI race, now has only one recourse to stay relevant, according to Bloomberg's Mark Gurman.

AAPL

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Tesla Sweats Over Approval Of Elon Musk’s Pay Plan, Ford’s Distress Call To Suppliers, Faraday Future’s Mouthwatering Rally And More: Biggest EV Stories Of The Week

By Shanthi Rexaline
May 18, 8:59 AM
Tesla faces serious competition in China amidst a significant sales decline.

F

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OpenAI Rethinks AI Safety Strategy After Key Team Members Depart

By Anusuya Lahiri
May 17, 2:59 PM
OpenAI disbands safety team after leaders' departures, integrates into broader research efforts. Biden Admin. engages tech firms on AI dangers.

GOOG

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