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McRoberts’ elevation to the role comes more than a year after the company’s former safety leader, Yoel Roth, who oversaw what was then called the Trust and Safety team, resigned in the wake of Musk’s takeover. In its announcement, X said McRoberts has previously worked on other X safety features including labels that inform a user if their content is being restricted. In a post last month, Musk said he would change the name of X’s “Trust and Safety” team to simply the “Safety” team. We are changing the name of our Trust & Safety group, to simply @Safety,” Musk said. The goal of our Safety team is simply to ensure compliance with the laws that already exist to protect the people.”
Persons: New York CNN —, it’s, Kylie McRoberts —, Linda Yaccarino, Yoel Roth, X, White, Yale Cohen, Yaccarino, Musk, Pizzagate ”, McRoberts, ” X, ” Musk, Organizations: New, New York CNN, New York CNN — Elon, Twitter, Trust and Safety, Publicis Media, Google, Safety, & Safety Locations: New York, Austin , Texas,
Net profit almost doubled to 30 billion yuan ($4.2 billion) last year, from 16.6 billion yuan ($2.3 billion) in 2022, the Shenzhen-based company said Tuesday. BYD sold 525,409 battery electric vehicles (BEVs) during that period, compared with Tesla’s 484,507. In 2023 as a whole, BYD sold a record 3.02 million vehicles globally, up 62% from 2022. Its entry-level model sells in China for the equivalent of just over $10,000; the cheapest Tesla car, a Model 3, costs almost $39,000. But intensifying competition and a brutal price war last year have impacted the profit margins of many Chinese car makers, including BYD.
Persons: London CNN — BYD, That’s, Warren Buffett, BYD, Tesla, Elon Musk’s carmaker Organizations: London CNN, Elon, Tesla, Chinese Passenger Car Association, Geely, Chery, XPeng Motors Locations: Hong Kong, London, Shenzhen, China
CNN —A federal judge’s decision this week reprimanding Elon Musk’s X will have reverberating effects on efforts to hold influential online platforms accountable, legal experts and advocacy groups say. Breyer held that the reports were “unquestionably” protected by the group’s free speech rights. Now, that decision could embolden other research groups and Musk critics who have faced legal threats from the billionaire. Researchers face hurdles to studying on-platform behaviorResearchers from non-profits and academic institutions have had a harder time studying X since Musk’s takeover in 2022. But one of Musk’s first changes at X was to put access to platform data behind a steep paywall.
Persons: reprimanding Elon Musk’s, Charles Breyer, Breyer, CCDH, X, Northern District of California —, Musk, White, Elon, , Alex Abdo, ” Abdo, Angelo Carusone, Carusone, Andrew Bailey, , ” Carusone, David Karpf, ” Karpf, Nora Benavidez, Benavidez Organizations: CNN, Center, Court, Northern, Northern District of, Columbia University, “ Society, Twitter, Anti, Defamation League, Microsoft, Meta, Media, AGs, School of Media, Public Affairs, George Washington University, ” Free Press, Free Press Locations: Northern District, Northern District of California, Texas, Missouri
CNN —A federal judge on Monday threw out a lawsuit by Elon Musk’s X that had targeted a watchdog group for its critical reports about hate speech on the social media platform. In a blistering 52-page order, the judge blasted X’s case as plainly punitive rather than about protecting the platform’s security and legal rights. X has blamed CCDH’s reports, which showcase the prevalence of hate speech on the platform, for amplifying brand safety concerns and driving advertisers away from the site. In the suit, X claimed that it had suffered tens of millions of dollars in damages from CCDH’s publications. “If CCDH’s publications were defamatory, that would be one thing, but X Corp. has carefully avoided saying that they are,” Breyer wrote.
Persons: Elon Musk’s, , Charles Breyer, ” Breyer, X, CCDH’s, Musk, Alex Jones, Breyer, , CCDH, X’s, Imran Ahmed, @CCDHate, @ElonMusk’s @X, ” Ahmed, Ahmed, “ X Organizations: CNN, Court, Northern, Northern District of, Twitter, X Corp, Center Locations: Northern District, Northern District of California, Newtown , Connecticut, California, San Francisco
London CNN —The European Union has launched investigations into Apple, Google and Facebook parent Meta on suspicion that they are failing to comply with a new landmark European law designed to promote competition in digital services. The European Commission said it “suspects” that various practices by all three companies “fall short of effective compliance” with the Digital Markets Act (DMA), which went into effect earlier this month. If the probes find a “lack of full compliance,” they could face “heavy fines,” said European Commissioner Thierry Breton. The practices the European Commission is investigating include what it calls Meta’s “pay or consent” approach. Last October, Meta (META) launched a subscription service, called “Subscription for no ads,” allowing European users of Facebook and Instagram to pay up to €12.99 ($14) a month for ad-free versions.
Persons: , , Thierry Breton, Elon Musk’s, Meta’s, Meta’s ‘ Organizations: London CNN, European Union, Apple, Google, European Commission, Digital Markets, Microsoft, Commission, Meta, Facebook, CNN
Irish companies have to think about being in an Irish domestic market which is frankly, really small, or just going global straightaway. The US is particularly strong for Irish companies; the US economy has held up well. I think Irish companies are very adept at pivoting into what other other countries need and being part of the story. It seems like Irish companies are increasingly becoming job creators in the US. Glanbia Foods, an Irish company that manufactures American-style cheese, now produces one in four slices of cheese consumed in the US.
Persons: Bell, Leo Clancy, Joe Biden, we’ve, it’s, that’s, That’s, We’re, It’s, We’ve, Tesla, Elon Musk’s Tesla, Wells, Colin Langan, ” Langan, Elisabeth Buchwald Organizations: CNN Business, Bell, New York CNN, European Union and International Monetary Fund, Enterprise Ireland, Patrick’s, Entrepreneurship, Federal Reserve, Companies, UBS, Tesla, NAR, National Association of Realtors Locations: New York, Ireland, United States, Jefferson , Wisconsin, America, Irish, Europe, Washington, We’re, automaking, Wells Fargo
Europe investigates Big Tech’s use of generative AI
  + stars: | 2024-03-14 | by ( Brian Fung | ) edition.cnn.com   time to read: +3 min
Regulators at the European Commission say they’re particularly concerned about how generative AI could sow chaos in the run-up to this summer’s EU parliamentary elections. Online platforms will have until April 5 to respond to questions about steps they’ve taken to prevent AI tools from spreading election misinformation. The companies’ responses could be incorporated into a series of election security guidelines for tech platforms the European Commission plans to finalize by March 27, another commission official said. The AI investigation also covers a broader set of topics including how platforms are addressing generative AI’s impact on user privacy, intellectual property, civil rights and children’s safety and mental health. “One of the grievances we have is the ability to manipulate the service through automated means and this can include generative AI, so yes, there’s a link to the ongoing investigation,” one of the commission officials said.
Persons: , , Linda Yaccarino, Thierry Breton Organizations: CNN, European Union, Meta, Microsoft, Commission, Digital Services, Elon Locations: Israel, EU
In Taiwan, the government is racing to do what no country or even company has been able to: build an alternative to Starlink, the satellite internet service operated by Elon Musk’s rocket company, SpaceX. Starlink has allowed militaries, power plants and medical workers to maintain crucial online connections when primary infrastructure has failed in emergencies, such as an earthquake in Tonga and Russia’s invasion of Ukraine. Officials in Taiwan face constant reminders that its communication infrastructure must be able to withstand a crisis. The island democracy sits 80 miles from China, where leaders have vowed to use force if needed to assert claims that Taiwan is part of its territory. Taiwan experiences regular cyberattacks and near-daily incursions into its waters and airspace by the People’s Liberation Army, which has been built up in recent years.
Persons: Starlink Organizations: Elon Musk’s, SpaceX, Officials, People’s Liberation Army Locations: Taiwan, Tonga, Ukraine, China
The company has been plagued by safety issues and recalls, slowing growth and has even been forced to slash prices. But even with the recent drop in price, Tesla’s stock is still very expensive when compared to its actual earnings and profits, said Langan. The company’s former propensity for rapid growth is no longer certain, he said, and shares likely have further to fall. Wells Fargo has lowered its price target for the stock from $200 to $125, predicting another 25% decrease in value. UBS, meanwhile, has lowered its price target to a more moderate $165 from $225.
Persons: New York CNN — Elon Musk’s Tesla, Wells, Colin Langan, Tesla, ” Langan, Langan, Wells Fargo Organizations: New, New York CNN, Wednesday, UBS, Tesla, Apple, Google, Nvidia, Microsoft Locations: New York, automaking, Wells Fargo
London/Berlin CNN —Production at Tesla’s factory near Berlin is gradually resuming after the plant was reconnected to the power grid late on Monday following a week-long closure caused by an arson attack. Now production at the factory should be gradually ramped up, CNN affiliate RTL has reported. Prices in Germany for Model Y vehicles, the only cars manufactured at the factory, start at €44,990 ($49,196). That means a week of output is worth about €324 million ($354 million) in sales for Tesla. An aerial view of the Tesla car plant near Berlin on March 10, 2024.
Persons: E.DIS, , Tesla, Odd Andersen, ” Musk, Stephanie Halasz Organizations: Berlin CNN —, CNN, , RTL, Elon Musk’s, Tesla, EVs, Getty, Volcano Group, Reuters Locations: Berlin, , Europe, Germany, London
OpenAI ridicules Elon Musk’s ‘incoherent’ lawsuit
  + stars: | 2024-03-11 | by ( Clare Duffy | ) edition.cnn.com   time to read: +2 min
The company refused, and Musk left OpenAI later that year. Seeing the remarkable technological advances OpenAI has achieved, Musk now wants that success for himself,” the filing states. OpenAI also said it believes that “early and swift dismissal” of Musk’s suit is warranted. OpenAI is concerned that Musk could use the discovery process to “seek access to OpenAI’s proprietary records and technology,” according to the filing. Musk is now running his own artificial intelligence company, XAI, which seeks to compete with OpenAI.
Persons: New York CNN —, Elon Musk, OpenAI, , ” Musk, Musk, Tesla Organizations: New, New York CNN, Locations: New York,
Before March 2021, Elon Musk’s charitable foundation had never announced any donations to Cameron County, an impoverished region at the southern tip of Texas that is home to his SpaceX launch site and local officials who help regulate it. Then, at 8:05 one morning that month, a SpaceX rocket blew up, showering the area with a rain of twisted metal. The Musk Foundation began giving at 9:27 a.m. local time.
Persons: Elon Organizations: SpaceX, Musk Foundation Locations: Cameron County, Texas
London CNN —First, Novo Nordisk, the company behind Ozempic and Wegovy, outgrew its native Denmark. Investors rushed into Novo Nordisk’s stock after the company reported early-stage results from a trial of amycretin, an experimental weight loss drug that can be taken in pill form. Novo Nordisk, once the little-known maker of diabetes drug Ozempic, has ballooned in value as the drug’s off-label use for weight loss has spread. By contrast, shares of Novo Nordisk are up by 30% this year, and by nearly 80% over the past 12 months. The companies have cornered the global market for weight loss drugs that mimic GLP-1, a naturally-occurring hormone that suppresses appetite.
Persons: Grégoire, , Jens Naervig Pedersen, , Tesla, Elon Musk’s Tesla, China’s, Eli Lilly, “ Novo, Lilly, It’s, Musk, Jeff Bezos Organizations: London CNN, Novo Nordisk, Pictet, Management, CNN, US Food and Drug Administration, Nordisk “, Danske Bank, EV, Reuters, , Amazon, Bloomberg Locations: Novo, Denmark, Novo Nordisk’s, Danish, United States, Berlin, Germany, Europe, Pictet, EVs
The new EU regulations force sweeping changes on some of the world’s most widely used tech products, including Apple’s app store, Google search and messaging platforms, including Meta’s WhatsApp. Its broad obligations affect six of the world’s largest tech companies: Amazon, Apple, Google, Meta, Microsoft and ByteDance, the parent company of TikTok. While the law could increase demand for tech companies to extend EU-specific features to other markets, few platforms have shown signs they plan to do so. Tech pushes backBut some tech companies have pushed back on the DMA, warning that it could lead to unintended consequences. “The changes the DMA requires will inevitably cause a gap” between EU users’ security and the security Apple users enjoy outside the EU, it added.
Persons: Meta’s, Apple, Bing, Elon Musk’s, “ Fortnite, , Agustin Reyna, , Apple’s, ” Apple, Reyna, ” BEUC, Tim Sweeney, Meta —, Daniel Friedlaender, CCIA, Friedlaender, Olesya Dmitracova Organizations: Washington CNN, Apple, Google, Union citizens, Big Tech, Spotify, Netflix, Digital Markets, Meta, Microsoft, European Commission, EU, YouTube, Epic, Consumer, Tech, Games, CNN, Computer, Communications Industry Association Locations: United States, Europe
The decision exposes X, formerly Twitter, to claims that it gave paying “verified” subscribers more leeway than non-paying users to illegally share copyrighted music. The lawsuit, filed last June by the National Music Publishers’ Association — whose members include Universal, Sony and Warner Music Group — also claims that X delayed responding to copyright infringement notices and didn’t take enough “reasonable steps” to combat repeat offenders. But she threw out claims by music publishers that X was directly responsible for stealing artists’ intellectual property. Most large social media platforms, such as TikTok, pay licensing fees to music publishers in exchange for giving users the ability to share songs on the websites. In the case against X, music publishers cited more than 1,700 songs whose copyright X has allegedly infringed, including hits such as Mariah Carey’s “All I Want For Christmas Is You,” Outkast’s “Hey Ya!” and Mark Ronson’s “Uptown Funk,” featuring Bruno Mars.
Persons: Elon Musk’s, National Music Publishers ’ Association —, Warner Music Group —, Aleta Trauger, X, Taylor Swift, Ariana Grande, Mariah Carey’s, Mark Ronson’s, , Bruno Mars, , ” Trauger Organizations: New, New York CNN, Elon, National Music Publishers ’ Association, Universal, Sony, Warner Music Group, X Corp, Court, Middle, Middle District of, CNN Locations: New York, TikTok, Rhianna, Funk, Middle District, Middle District of Tennessee
New York CNN —OpenAI fired back at Elon Musk, who sued the ChatGPT company last week for chasing profit and diverging from its original, nonprofit mission. Tuesday night, OpenAI published several of Musk’s emails from the early days of the company that appear to show Musk acknowledging OpenAI needed to make a ton of money to fund the incredible computing resources needed to power its AI ambitions. OpenAI in a blog post Tuesday night said Musk never followed through on his promise, committing $45 million in funding for OpenAI, while other donors raised $90 million. Musk, in a February 1, 2018, email, told company executives that the only path forward for OpenAI was for Tesla, his electric car company, to buy it. The company said in its blog post that it has not diverged from its mission, and it would move to dismiss all of Musk’s claims.
Persons: New York CNN — OpenAI, Elon Musk, OpenAI, Musk, Sam Altman, ” Musk, Tesla, Altman, , , Greg Brockman, we’ve, Organizations: New, New York CNN, Elon, OpenAI, Microsoft Locations: New York, California
New York CNN —Meta’s platforms, including Facebook and Instagram, went down for thousands of users on Tuesday, because of what the company called a “technical issue.” The outage was resolved within around two hours. As many as 500,000 Facebook users had reported issues logging in or accessing the site as of mid-morning Eastern Time on Tuesday, according to outage tracker Downdetector. Around 50,000 outage reports had been issued regarding Instagram and another 10,000 for Facebook Messenger, although the number of reports had already begun to fall within an hour after they began. About an hour and a half after the outage reports started ticking up, fewer than 80,000 people were reporting issues with Facebook, according to Downdetector. Facebook, Instagram and WhatsApp went down for nearly six hours in 2021, an outage that the company assured users was not due to malicious activity.
Persons: Elon Musk’s, , , Andy Stone, Messenger, Meta, ” Stone, WhatsApp Organizations: New, New York CNN, Facebook Locations: New York
Berlin/London CNN —Power supply to Tesla’s factory near Berlin has been cut following an arson attack on a high-voltage electricity pylon nearby, a German official said Tuesday. “If the initial findings are confirmed, this is a perfidious attack on our electricity infrastructure. He said power supply to the Tesla plant as well as nearby villages had been cut off. German public broadcaster ZDF reported that the factory had been evacuated and its workers sent home. It is unclear if the arson attack is connected with ongoing protests against a planned expansion of the Tesla factory.
Persons: ” Michael Stuebgen, Tesla, ” Stuebgen, Elon Organizations: London CNN —, ZDF, CNN, Reuters Locations: Berlin, London, Brandenburg, , Europe
OpenAI Says Elon Musk Tried To Merge It With Tesla
  + stars: | 2024-03-05 | by ( Cade Metz | ) www.nytimes.com   time to read: +1 min
OpenAI, in its first public comments about Elon Musk’s lawsuit against the influential artificial intelligence research lab, said that Mr. Musk tried to transform the lab from a nonprofit into a for-profit operation before he left the company in early 2018. The comments, made in a blog post published on Tuesday evening, are part of an escalating feud between Mr. Musk and OpenAI, which is now at the forefront of an industrywide A.I. The company said it intended to move to dismiss all the claims in Mr. Musk’s suit. Mr. Musk filed the suit against OpenAI and its chief executive, Sam Altman, on Friday, accusing them of breaching a contract by putting profits and commercial interests ahead of building A.I. (The New York Times sued OpenAI and its partner, Microsoft, in December, claiming copyright infringement of news content related to A.I.
Persons: Elon, Musk, Musk’s, Sam Altman, OpenAI Organizations: OpenAI, Microsoft, New York Times
From Silicon Valley to Wall Street to Washington, the blockbuster case that Elon Musk filed against OpenAI and its C.E.O., Sam Altman, has become Topic A. It is the business world’s hottest soap opera. But among lawyers, the case has become something of a fascination for a different reason: It poses a series of unique and unusual legal questions without clear precedent. And it remains unclear what would constitute “winning” in a case like this, given that it appears to have been brought out of Musk’s own personal frustration and philosophical differences with Open A.I, a company he helped found and then left. The lawsuit — which pits one of the wealthiest men in the world against the most advanced A.I.
Persons: Elon Musk, Sam Altman, OpenAI, , Morgan Chu Organizations: OpenAI, Microsoft Locations: Silicon, Washington
The Paradox at the Heart of Elon Musk’s OpenAI Lawsuit
  + stars: | 2024-03-02 | by ( Kevin Roose | ) www.nytimes.com   time to read: +1 min
It would be easy to dismiss Elon Musk’s lawsuit against OpenAI as a case of sour grapes. Mr. Musk sued OpenAI this week, accusing the company of breaching the terms of its founding agreement and violating its founding principles. In his telling, OpenAI was established as a nonprofit that would build powerful A.I. But Mr. Musk argues that OpenAI broke that promise by starting a for-profit subsidiary that took on billions of dollars in investments from Microsoft. And Mr. Musk’s falling out with Sam Altman, OpenAI’s chief executive, has been well documented.
Persons: Elon, Musk, OpenAI, Jason Kwon, Musk’s, , A.I, haven’t, Sam Altman Organizations: OpenAI, Microsoft
When Elon Musk sued OpenAI and its chief executive, Sam Altman, for breach of contract on Thursday, he turned claims by the start-up’s closest partner, Microsoft, into a weapon. He repeatedly cited a contentious but highly influential paper written by researchers and top executives at Microsoft about the power of GPT-4, the breakthrough artificial intelligence system OpenAI released last March. In the “Sparks of A.G.I.” paper, Microsoft’s research lab said that — though it didn’t understand how — GPT-4 had shown “sparks” of “artificial general intelligence,” or A.G.I., a machine that can do everything the human brain can do. It was a bold claim, and came as the biggest tech companies in the world were racing to introduce A.I. into their own products.
Persons: Elon Musk, OpenAI, Sam Altman Organizations: Microsoft Locations: A.G.I
CNN —A high-profile lawsuit filed by Elon Musk’s X targeting hate speech researchers appeared to stumble on Thursday as a federal judge sounded a skeptical note on many of the lawsuit’s allegations, suggesting that the company formerly known as Twitter hasn’t done enough to establish its claims. The judge in the case signaled he may toss out X’s claims but appeared undecided on whether to let the company amend and refile the suit. X has also blamed CCDH’s reports, which showcase the prevalence of hate speech on the platform, for amplifying brand safety concerns and driving advertisers away from the site. “You could have brought a defamation case; you didn’t bring a defamation case,” Breyer told X attorney Jonathan Hawk. Elon Musk, owner of X, attends the Viva Technology conference at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023.
Persons: Elon Musk’s, X, CCDH, CCDH’s, Charles Breyer, ” Breyer, Jonathan Hawk, Elon Musk, Porte, Gonzalo Fuentes, Breyer, Hawk, , ” Hawk, I’ve, John Quinn Organizations: CNN, Center, Twitter, Nazi, Viva Technology, Porte de, CCDH Locations: San Francisco federal, Paris, France
Why can’t we stop calling X, Twitter?
  + stars: | 2024-02-23 | by ( Saira Mueller | ) edition.cnn.com   time to read: +10 min
While some people (mainly fans of Musk) have embraced the X brand, most have not. Many people, both online and in person, still call the platform Twitter, and refer to posts as tweets. WHY ARE WE STILL CALLING THIS PLATFORM TWITTER. Even when you do see X, it's framed as "X, formerly Twitter". So the brand is what they say it is… it’s not that customers can’t stop calling it Twitter, it’s that they won’t.”
Persons: it’s, adieu, Elon Musk, — Jack Scalfani, , — Sherrye Pomeroy, Linda Yaccarino, It’s, ” Ramon Jimenez, Wolff Olins, , ” Marty Neumeier, , Musk, , Zoë Schiffer, Schiffer, Josh Adelson, X, x.com, ” Musk, wasn’t, Neumeier, “ It’s, ’ ” Elon Musk, Alain Jocard, James Withey, Kirill Kudryavtsev, Withey, — Sandy Horne Organizations: CNN, Twitter, Premium, Twitter Twitter, Global, Merriam, Webster, Oxford English, Liquid Agency, Elon, Musk, Twitter Inc, X Corp, Getty, The New York Times, Apple, Adobe, Google, Strategy, Innovation, Nissan, Datsun Locations: @sherrye_pomeroy, San Francisco, Paris, AFP, Frankfurt, Germany, @SandyHorne61
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Elon Musk’s humanoid robotics dream might have been inspired by Boston Dynamics — the company behind the "Black Mirror" style robot dogs. Boston Dynamics founder Marc Raibert recently said that he believes Musk’s ambitions are being driven by seeing the progression of the company's bipedal robot, Atlas. Raibert spoke about Musk and the robotics industry on a recent episode of Lex Fridman's podcast.
Persons: , Elon, Marc Raibert, Raibert, Musk, Lex Fridman's Organizations: Service, Boston Dynamics
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