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During a recent Microsoft event, CEO Satya Nadella mentioned that Elon Musk interned at Microsoft, which sparked curiosity about the accuracy of this claim. While initial searches found no evidence of such an internship, Walter Isaacson's biography of Musk confirms that he did intern at Microsoft's Toronto office in 1989. This revelation adds context to Musk's relationship with Microsoft amid ongoing tensions and a lawsuit, as the company seeks to expand its AI partnerships.
Elon Musk's companies have seen significant benefits under the Trump administration, including reduced regulatory scrutiny and lucrative government contracts, particularly for SpaceX and xAI. Despite facing backlash and declining Tesla sales, Musk's net worth has surged, with his ventures gaining international traction, such as Starlink's expansion in Saudi Arabia. However, challenges remain, including tariffs and public disapproval, which have impacted Tesla's brand reputation.
Twilio Inc. has received a consensus rating of "Moderate Buy" from analysts, with a price target of $124.41. Recent insider trading saw CEO Khozema Shipchandler and CFO Aidan Viggiano sell shares, while Bank of America Corp DE significantly reduced its stake by 79.2%. The company reported a revenue increase of 12% year-over-year, with earnings per share of $1.14, surpassing estimates.
Xiaomi has unveiled its first electric SUV, the YU7, and a self-designed 3-nanometer chip, the Xring O1, in a bid to compete with Tesla, Apple, and Huawei. The YU7 boasts an impressive 835 km range and rapid acceleration, while the Xring O1 aims to outperform Apple's latest chips, marking a significant shift for the company from budget smartphones to high-tech innovations. This expansion reflects China's push for technological self-reliance amid ongoing U.S.-China tensions.
Apple has secured the top position in China's 500 global brands ranking, followed closely by Huawei in second place. Xiaomi ranks third, with Midea and Haier rounding out the top five. The report highlights a notable improvement in consumer brand ratings, reflecting stable growth in consumption quality across various tech segments.
The U.S. is intensifying its chip restrictions on China, particularly targeting Huawei, as the Trump administration shifts its approach to semiconductor export controls. The rescinding of the "AI Diffusion Rule" aims to refocus efforts on limiting China's access to advanced AI chips, contrasting with Biden's multilateral strategy. This escalating AI rivalry complicates global governance negotiations and reflects broader trade tensions, with China striving to enhance its domestic capabilities amid U.S. sanctions.
In Cameron County, Texas, Elon Musk's Starbase has become a new city, with a vote overwhelmingly favoring its incorporation, largely driven by SpaceX employees. The area faces rising housing costs and environmental concerns, as local residents grapple with the impacts of Musk's ambitions, including potential restrictions on public access to nearby beaches. Amidst the rapid expansion, a sense of unease grows over the implications of a billionaire-led municipality and its effects on the community.
Nvidia has chosen Taipei for its overseas headquarters, signaling a significant investment in Taiwan. The Taiwanese government aims to be more than just a host, aspiring to become Nvidia's strongest ally in this venture. However, questions remain about its ability to fulfill this promise.
Amid rising geopolitical tensions and a tech war, China's tech giants, including Huawei, Lenovo, and Xiaomi, are rapidly shifting towards in-house chips and operating systems. This strategic pivot aims to reduce reliance on U.S. technology and strengthen their market position.
Nvidia CEO Jensen Huang has expressed concerns about Huawei potentially becoming a leading competitor by 2025. He argues that the US government's AI chip export restrictions to China are inadvertently accelerating the growth of domestic chipmakers in the region.
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