Tech giants

When is Elon Musk leaving the White House? What happens to DOGE if he steps down?

May 12, 2025

After what Elon Musk described as an "intense" first three months under President Donald Trump — and amid a sharp drop in Tesla’s first-quarter profit — the director of the Department of Government Efficiency announced last week that he will step back from his near round-the-clock role at the White House. The billionaire tech mogul, […]

Winning Gen Z: Five Lessons From Scaling Through Influencer Marketing

May 12, 2025

Dmitry Afonov, CEO and Co-Founder, Aithor.com. getty When we launched our AI writing assistant, it was just one of many experiments inside our venture capital studio. We had a simple goal: to help students write better, faster and with less stress. We didn’t have the ambition to build a unicorn. We just wanted to solve […]

Elon Musk Weighs in on Eventful Year: ‘At Least I Didn’t Get Shot’

May 12, 2025

Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Elon Musk has given a wide-ranging interview as he prepares to step away from the Department of Government Efficiency (DOGE). Newsweek has contacted […]

Trump’s tariffs deal a blow to the bottom line of US companies

May 12, 2025

U.S. President Donald Trump is presenting the trade war as a way to protect American industry from foreign competition. The tariffs, however, are directly affecting his own companies’ bottom lines. Dozens of major businesses across multiple sectors have warned in their first-quarter earnings reports of the impact they will suffer from Trump’s new trade policy. […]

Liberal Tim Wilson projected to win Goldstein back from teal Zoe Daniel in nail-biting count

May 12, 2025

Tim Wilson looks set to reclaim his inner-Melbourne seat from the teal independent Zoe Daniel in a nail-biting race that will give the Liberals a glimmer of hope after an election night wipeout. The ABC’s election analyst, Antony Green, called Goldstein for Wilson on Tuesday afternoon after the former MP took the lead during postal […]

‘Nvidia Stock Could Fall to $76 per Share,’ Says Piper Sandler

May 12, 2025

Earlier today, Piper Sandler warned that Nvidia (NVDA) could lose up to 6.45% of its important data-center revenue if companies cut back on spending. This could mean about $9.8 billion in lost revenue if corporate capital expenditures shrink and demand from China stays weak. Indeed, five-star analyst Harsh Kumar explained that in the worst-case scenario, […]

Tesla’s UK, Germany new car sales at two-year low in April even as EV demand rises

May 12, 2025

By Alessandro Parodi (Reuters) -Tesla's new car sales in Britain and Germany plummeted to their lowest in over two years in April, falling 62% and 46% year-on-year respectively, even as demand for electric vehicles rose in both countries, national data showed on Tuesday. Sales of billionaire Elon Musk's EV cars also plunged to multi-year lows […]

UAE Seeks AI Deal After Investing in Trump-Linked Crypto

May 12, 2025

Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Months after the United Arab Emirates poured billions into a cryptocurrency linked to Donald Trump's family, the investment may be poised to pay […]

Michael Saylor Delivers Bitcoin for Corporations 2025 Keynote Speech

May 12, 2025

Bitcoin Magazine Michael Saylor Delivers Bitcoin for Corporations 2025 Keynote Speech In his keynote at Bitcoin for Corporations 2025, Michael Saylor, Executive Chairman of Strategy, laid out a powerful case for why Bitcoin represents the most compelling capital asset for corporations today. Saylor emphasized the stark economic realities facing the vast majority of public companies, […]

To Empower Africa’s Youth, We Must Protect Their Health

May 12, 2025

If you want to glimpse the future, look to Africa—the youngest, fastest-growing continent brimming with potential. As two women raised in Africa, we've witnessed firsthand the incredible promise this continent holds. By 2050, a quarter of people on Earth will be African. This youth boom is an unprecedented opportunity. With proper investments, these young people […]