Twitter is undergoing a major rebranding after its owner Elon Musk announced the media platform would formally become “X” over this weekend, and CEO of the company Linda Yaccarino addressed the change in a note that praised employees for their hard work. The transition from Twitter to X signifies a step toward Musk’s ambition to turn the platform into…
Intel stock declined by 6% after it gave investors an update about its turnaround plan to become a chip manufacturing firm competing with the Taiwan Semiconductor Manufacturing Company. Intel’s Chief Financial Officer David Zinsner explained how Intel would soon change the way it reports its financial results to give its foundry business, IFS, its own profit-and-loss…
Elon Musk announced the start of a new artificial intelligence firm, xAI, to understand the true nature of the universe. As per the firm’s website, more details will be added soon. Team members behind xAI were previously part of DeepMind, Google Research, OpenAI, Microsoft Research, Tesla, and Twitter. They have worked on projects like DeepMind’s AlphaCode…
User traffic on Twitter has declined since the release of Meta’s text-based app Threads, which has already crossed 100 million sign-ups since its launch last week. Threads app is being touted by executives of Meta as a more positive public square for groups of people who have never really embraced Twitter in its entirety. Meta CEO Mark…
