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Showing posts with the label Daily World Tech news

Tesla issues recall on Semi over defective brake module, rollaway risk

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  KEY POINTS Tesla has issued a voluntary recall on the Semi, a first since the company began deliveries of the heavy-duty electric trucks to customers in December 2022. According to recall filings posted on the website of the National Highway Traffic Safety Administration, 35 Semi trucks were affected. In this article TSLA +10.98 (+5.62%) Follow your favorite stocks CREATE FREE ACCOUNT Tesla Semi Courtesy: Tesla Tesla  has issued a voluntary recall on the Semi, a first since the company  began deliveries  of the heavy-duty electric trucks to customers in December 2022. According to  recall filings  posted on the website of the National Highway Traffic Safety Administration, 35 Semi trucks were affected. The trucks were built with an electronic parking brake valve module found to contain a defect by supplier Bendix in February 2023. The defect left drivers vulnerable to “rollaway” incidents and increased the likelihood of a crash. According to a recall notice, the defective modules may

Meta planning thousands of more cuts after widespread layoffs, report says

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  KEY POINTS The layoffs could begin this week and affect thousands of employees. The cost-cutting comes in addition to previously announced plans to lay off 13% of Meta workers. Meta CEO Mark Zuckerberg is pitching 2023 as the “Year of Efficiency.” In this article META +2.61 (+1.41%) Follow your favorite stocks CREATE FREE ACCOUNT Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, arrives at federal court in San Jose, California, US, on Tuesday, Dec. 20, 2022.  David Paul Morris | Bloomberg | Getty Images Meta  plans another round of layoffs that could affect thousands of workers, according to a Bloomberg News  report  published Monday evening. The job cuts could start this week and represent an additional round of layoffs, adding to the 13% of Meta workers who were laid off as part of a major cost-cutting plan  announced  in November. RELATED INVESTING NEWS Nvidia pops after strong quarter, guidance — showing why the stock still has long-term promise Zev Fima 15 D

Nvidia CEO Jensen Huang's big bet on A.I. is paying off as his core technology powers ChatGPT

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  WATCH NOW VIDEO 17:56 Nvidia expanded from gaming into A.I. Now the big bet is paying off as its chips power ChatGPT In this article NVDA +0.28 (+0.12%) MBG-DE -0.39 (-0.52%) TSLA +2.24 (+1.23%) MSFT +4.04 (+1.59%) Follow your favorite stocks CREATE FREE ACCOUNT For about a quarter century,  Nvidia  has been leading the revolution in computer graphics, becoming a beloved brand by gamers along the way. Nvidia dominates the market for graphics processing units (GPUs), which it entered in 1999 with the GeForce 256. Gaming brought in over $9 billion in revenue for Nvidia last year despite a  recent downturn . RELATED INVESTING NEWS Apple, Nvidia in the news: Here’s our take on these outsized tech holdings Zev Fima 10 DAYS AGO Nvidia pops after strong quarter, guidance — showing why the stock still has long-term promise Zev Fima 15 DAYS AGO AMD delivers a Q4 beat amid industry headwinds, validating the Club investment case Jeff Marks A MONTH AGO But Nvidia’s  latest earnings beat  points