Business
Tesla unveils cheaper standard versions of Model 3 and Model Y
October 08, 2025 Image generated by AI
Tesla announced more affordable standard variants of its Model 3 sedan and Model Y SUV on October 7, 2025, aiming to counter the recent expiration of a federal EV tax credit. The new models start at $36,990 for the Model 3 and $39,990 for the Model Y, but feature reduced specifications compared to premium versions. Availability begins in November for the Model Y and December for the Model 3.
Senior xAI and Tesla staff depart amid burnout and politics
A wave of resignations among senior employees at Elon Musk's xAI and Tesla has been linked to burnout and unease over the CEO's political views. Reports highlight how the demanding work culture and public stances are driving talent away. This exodus comes at a critical time for both companies' AI and electric vehicle ambitions.
Cuomo warns of socialism's dangers at New York mayoral forum
Former New York Governor Andrew Cuomo criticized Democratic mayoral nominee Zohran Mamdani's socialist policies during a business forum, citing the failed Amazon headquarters deal as evidence of their risks. Speaking to business leaders, Cuomo argued that such approaches threaten the city's economy. The remarks came less than a month before Election Day.
Nike's running shoes and retail gains aid turnaround
Nike is showing signs of recovery through strong performance in its running shoe category and retail sales. The company's recent earnings have boosted its stock and intensified competition with rivals. This turnaround comes after a period of challenges in the sportswear market.
Peloton introduces AI coaching and raises equipment prices
October 02, 2025 Reported by AI
Peloton has revamped its fitness equipment lineup with new AI-powered features and significant price hikes. The company announced Peloton IQ, which offers personalized coaching, alongside updates to its Bike+ and Tread models. These changes aim to enhance user experience but come amid rising costs for consumers.
$5.1 million deal brings Tesla service center to North Little Rock
October 11, 2025Worldwide PC shipments climb 9.4 percent as Windows 10 end nears
October 05, 2025Western brands use data and culture to target Chinese consumers
October 07, 2025Peruvian chicken thriving in Madrid after 40 years of success
October 05, 2025AMD and Intel discuss potential chip production partnership
October 07, 2025Culligan CEO outlines sustainable water future in podcast
October 05, 2025WIRED releases top tech recommendations for business travel in 2025
October 05, 2025Nvidia CEO receives updates on rivals' AI chip efforts
October 09, 2025Tesla plans EV service center in New Braunfels
October 03, 2025Cracker Barrel drops marketing firm after logo backlash
Tesla teases October 7 announcement with cryptic social media videos
October 07, 2025 Image generated by AI
Tesla posted two teaser videos on X over the weekend, hinting at a major reveal on October 7, 2025. The clips feature a spinning wheel displaying the company's logo and accelerating, followed by a dark image of vehicle headlights, sparking widespread speculation about a lower-cost Model Y. Shares of the electric automaker rose more than 4% in trading on October 6 amid the buzz.
SpaceX buys spectrum to boost Starlink direct-to-cell services
SpaceX has agreed to a $17 billion deal to purchase 50 MHz of spectrum licenses from EchoStar, aiming to enhance Starlink's satellite connectivity for smartphones. The acquisition, pending regulatory approval, will support a new constellation of up to 15,000 satellites to provide voice, texting, and high-speed data globally, especially in underserved areas. This move pressures competitors like AT&T, Verizon, and Apple's satellite partners.
Microsoft restructures commercial business for faster AI growth
Microsoft announced a reorganization of its commercial business unit to accelerate the adoption and growth of artificial intelligence technologies. The changes, led by executive vice president Judson Althoff, aim to integrate AI more deeply into sales and marketing efforts. This move reflects the company's broader strategy under CEO Satya Nadella to prioritize AI innovation.
AMD announces major AI chip deal with OpenAI
AMD has secured a multi-year agreement to supply AI chips to OpenAI, valued at tens of billions of dollars annually, including an option for OpenAI to buy up to 10% of AMD's stock for a penny per share. The deal, covering hundreds of thousands of AMD's AI graphics processing units starting in late 2026, underscores OpenAI's efforts to diversify its chip suppliers amid surging AI demand. AMD executives hail it as transformative for the industry.
Nelly wins court case against Shein
October 04, 2025 Reported by AI
The Swedish fashion retailer Nelly has won its lawsuit against the Chinese fast-fashion giant Shein for copyright infringement. Stockholm District Court orders Shein to pay 1.5 million SEK in damages. The ruling highlights the importance of protecting designs in the fashion industry.