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Robotaxi-Focused Elon Musk Says GM ‘Not Making The Right Moves’ With $850M Investment In Self-Driving Cruise Unit

By Shanthi Rexaline
June 12, 5:23 AM
Reports said Cruise has posted a loss of $8.2 billion since 2017, including the $3.48 billion loss it incurred in 2023 alone.

GM

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1 minute read
  • Earnings
  • News

Zhihu Reported Q1 Average Monthly Active Users (MAUs) of 89.0M, Average Monthly Subscribing Members of 14.8M

By Benzinga Newsdesk
June 12, 5:18 AM
First Quarter 2024 Highlights Total revenues were RMB960.9 million (US$133.1 million) in the first quarter of 2024, compared with RMB994.2 million in the same period of

ZH

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  • News
  • Tech

Before Apple Intelligence, Jack Ma Came Up With ‘Alibaba Intelligence’ But Was Mocked By Elon Musk

By Rounak Jain
June 12, 5:00 AM
Alibaba co-founder Jack Ma called AI "Alibaba Intelligence" years before Tim Cook branded it Apple Intelligence. Musk, however, mocked Ma.

AAPL

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  • Media
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Tim Cook Admits He Has Doubts About Apple’s Ability To Prevent AI Hallucinations: ‘I Would Never Claim That It’s 100%’

By Ananya Gairola
June 12, 4:45 AM
Despite Apple's efforts to ensure the quality of the technology, Cook acknowledged that there is still a possibility of errors.

AAPL

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  • Cryptocurrency
  • Markets
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European Law Agency Says Bitcoin Mining Vulnerable To Financial Crimes Even As Donald Trump Cosies Up To The Industry

By Aniket Verma
June 12, 4:40 AM
A new report by European law enforcement agency Europol cast aspersions on cryptocurrency mining, calling the burgeoning industry vulnerable to money laundering and financial frauds.

BTC

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  • Analyst Color
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Apple Analyst Says ‘You Don’t Wanna Be Anywhere Near The Stock’ In 4 Years, Feels WWDC Was Like A ‘Snap CEO Talking Like We’re Gonna Target 22-Year Olds’

By Shanthi Rexaline
June 12, 4:33 AM
Following Tim Cook's keynote speech, the consensus estimates remain unchanged, said Needham analyst Laura Martin in an interview with Yahoo Finance.

AAPL

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Elon Musk Agrees With Nvidia CEO Jensen Huang’s Unconventional Management Style: No Scheduled 1-On-1 Meetings ‘Unless They Need Me’

By Benzinga Neuro
June 12, 4:32 AM
Jensen Huang, the CEO of NVIDIA Corp, has an unconventional approach to management. He recently revealed that he does not schedule one-on-one meetings with his direct reports unless they specifically request it.

AMZN

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  • M&A
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Suzano Acquires 15% Stake in Lenzing AG for €230M, Forms Long-Term Partnership with B&C Group

By Benzinga Newsdesk
June 12, 4:19 AM
B&C Group ("B&C") and Suzano S.A. ("Suzano") today announce that Suzano has entered into a long-term partnership with B&C with respect to its majority stake in Lenzing AG

SUZ

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Oracle, Broadcom And Other 3 Key Stocks To Watch On Wednesday

By Avi Kapoor
June 12, 4:00 AM
With U.S. stock futures trading higher this morning on Wednesday, some of the stocks that may grab investor…

AVGO

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3 minute read
  • Global
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Elon Musk’s Alleged Intimate Relations With Co-Workers At SpaceX Under Scrutiny: Rocket Company Terms It ‘Completely Misleading Narrative’

By Benzinga Neuro
June 12, 3:54 AM
Elon Musk, the CEO of SpaceX, has come under fire for his alleged intimate relationships with female subordinates at the company. The allegations have raised concerns about a culture of sexism and harassment at SpaceX.

TSLA

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