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download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. In today's big story, Disney reported strong earnings and has a bright outlook on the future, but it doesn't want to discuss politics . The big storyLet's not talk politicsBob Iger, CEO of Disney Charley Gallay/Getty ImagesWhen it comes to Donald Trump, Disney is taking a page from its famous mascot and being as quiet as a mouse. But the king of streaming — Netflix — seems unstoppable , and it's threatening a space that Disney's ESPN previously had a stronghold: live sports.
Persons: , it's, Bob Iger, Disney Charley Gallay, Donald Trump, didn't, Iger, we've, Minnie Mouse, Iger's, BI's Lucia Moses, Ron DeSantis, Trump, Hulu —, Jake Paul, Mike Tyson, Michael Ostuni, Tyler Le, Fiona Carter, Goldman Sachs, Jerome Powell, it's Elon, Steve Schwarzman's, Sam Altman, Elon Musk, Tesla, Lina Khan's, Rebecca Zisser, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Disney, Revenue, Trump, Walt Disney World, Anadolu, Getty, Disney's ABC, ESPN, Netflix, Federal Reserve, EV, Microsoft, Federal Trade Commission Locations: Asia, Hollywood, Florida, Blackstone, ChatGPT, New York, Chicago, London
David Tuckett, an uncertainty researcher, told BI that dismissing doubt eventually "leads over a cliff." He said the success of elite investors like Warren Buffett may be largely down to luck, not skill. AdvertisementEven the smartest minds in finance and tech don't know for sure what the future holds, and even the most successful investors may have gotten lucky, one expert says. Elon Musk responded on X that "Buffett is already preparing for this outcome," ostensibly suggesting Warren Buffett will offload stocks too if Donald Trump secures a second term. AdvertisementThat applies to even the best investors like Warren Buffett, he told BI.
Persons: it's Elon Musk, John Paulson, David Tuckett, Warren Buffett, , John Paulson —, Kamala Harris, Elon Musk, Buffett, Donald Trump, Paulson, Musk, David Tuckett Lucking, Tuckett Organizations: Service, Centre, University College London, HSBC Locations: Berkshire, Tuckett
These forms of deep brain stimulation require a surgical procedure during which electrodes — which generate electrical impulses to control any abnormal brain activity — are implanted into certain areas of the brain. With enough advancement in the field, doctors expect brain stimulation techniques for both severe disorders and health-and-wellness purposes will ultimately become noninvasive. Three major players There are only three companies with FDA-approved deep brain stimulation, or DBS, treatments: Medtronic , Abbott Laboratories and Boston Scientific . The spinal cord stimulation, or SCS, business is a hotbed of innovation right now, deep brain stimulation also is a key area." There is still plenty of doubt, however, about the efficacy of at-home brain stimulation devices, which offer a less direct approach to brain stimulation and don't always require FDA oversight.
Persons: , Bernstein, Lee Hambright, Hambright, Ali Rezai, Medtronic, Abbott, Rezai, Morningstar, Debbie Wang, Wang, Elon Musk, it's Elon Musk's, Casey Halpern, it's, Halpern, Taiwan's Organizations: Drug Administration, FDA, Abbott Laboratories, Boston, Rockefeller Neuroscience, West Virginia University, American Neuromodulation Society, Boston Scientific, DBS, FactSet, Neuroscience, BCI, University of Pennsylvania, TMS Locations: neuromodulation
Walter Isaacson trailed Elon Musk for years and interviewed Steve Jobs over 40 times to write their biographies. Elon Musk's biographer, Walter Isaacson, once said that the Tesla CEO was "in some ways the Steve Jobs of our time." AdvertisementAdvertisementBoth Musk and Jobs had a "dark streak""When I was reporting on Steve Jobs, his partner Steve Wozniak said that the big question to ask was 'Did he have to be so mean? AdvertisementAdvertisementIsaacson said Steve Jobs (left) took on the role of "alpha male" at Apple and "marginalized" his cofounder Steve Wozniak (right). "As much as I think Steve Jobs is a total genius, Steve Jobs would design a product, be it the Mac or the iPhone, and then it would be thrown over the wall to some manufacturing facility in China or something.
Persons: Walter Isaacson, Elon Musk, Steve Jobs, , Elon Musk's, Tesla, Jobs, Isaacson, Musk, Steve Wozniak, Grimes, " Isaacson, didn't, Kimberly White, Wozniak, Martin Eberhard, Tom Mueller, It's, Frederic J . BROWN, Musk's, Franz von Holzhausen Organizations: Service, Apple, Jobs, Twitter, SpaceX, Getty, Wall Street, Tesla, Economic, of New Locations: AFP, China, of New York
"We watched like maybe one play, because we were so engaged in talking about building a launch vehicle," Mueller told Isaacson. Musk agreed, but Isaacson writes that this meant Musk considered "Mueller an employee, rather than a cofounder, of SpaceX." "You cannot ask for two years of salary in escrow and consider yourself a cofounder" Musk told Isaacson. Elon Musk with a SpaceX rocket in March 2004 in El Segundo, Los Angeles. "I am very proud of what we have achieved at SpaceX," Mueller told the University of Idaho in 2018.
Persons: Tom Mueller, Elon Musk, Mueller, Musk, Elon Musk's, Walter Isaacson, here's, Los Angeles Mueller, Isaacson, who'd, Chris Thompson, Musk Mueller, There's, Elon, Paul Harris, It's, Mueller's, Peter Thiel Organizations: SpaceX, Service, University of Idaho, TRW, Reaction Research Society, PayPal, Ebay, Super, Exploration Technologies Corporation, Merlin, Pathfinder Locations: Idaho, Wall, Silicon, Los Angeles, Canada, Saint Maries, El Segundo , Los Angeles
It's Elon Musk's latest change to Twitter's famous lexicon as part of the platform's rebrand to X. Elon Musk's X, formerly known as Twitter, seems to be in the process of renaming its TweetDeck feature "XPro." It's the latest change in Musk's ongoing transition of Twitter to X that has upended the social media platform's hallmarks, such as its lexicon and logo. TweetDeck is still undergoing changes, but its new name, XPro, is starting to appear on the webpage. "If successful, X will enter the vernacular in ways that we don't yet know," Musk wrote on X Wednesday regarding the rebrand.
Persons: It's Elon, Elon Musk's, Musk, We'll, Organizations: Twitter, San Locations: San Francisco
Ford CEO Jim Farley said Tesla's price cuts are reminiscent of Ford's Model T days. Where Tesla sits right now reminds Ford CEO Jim Farley a lot of the early days of his own auto company. "They got through Model 3 and Model Y commercialization in the plant and scaling production. Ford and Tesla have been both friends and rivals over the past few years as Ford races to electrify and snatch up some of Tesla's market share. I've always said that our main competition in the pure electric space is going to be BYD and Geely and Tesla," Farley said.
Persons: Jim Farley, Farley, Elon Musk, Tesla, Robert Llewellyn, Henry Ford, Ford, We've, I've, It's Organizations: Ford, EV, Tesla, GM, Volkswagen, Motors, BMW
And while he's never publically detailed specific plans for a super app, recent changes at Twitter offer some clues. He first teased his intentions to transform Twitter into a super app called "X" prior to acquiring it in October 2022. It 'makes no sense' to build on TwitterFor starters, Twitter is a peculiar place to build a super app, some experts said. A super app in the US is difficultPerhaps a bigger issue not specific to Musk's plans for Twitter is whether a super app in the US is even possible. So if anyone can build a super app in the US, it would be him.
Elon Musk wants to create a US super app, but industry experts have some concerns. And while he's never publically detailed specific plans for a super app, recent changes at Twitter offer some clues. He first teased his intentions to transform Twitter into a super app called "X" prior to acquiring it in October 2022. It 'makes no sense' to build on TwitterFor starters, Twitter is a peculiar place to build a super app, some experts said. A super app in the US is difficultPerhaps a bigger issue not specific to Musk's plans for Twitter is whether a super app in the US is even possible.
Wall Street asks if Musk can manage Twitter, Tesla and more
  + stars: | 2022-10-28 | by ( ) www.reuters.com   time to read: +2 min
Oct 28 (Reuters) - As the dust settles on Elon Musk's $44 billion buyout of Twitter, analysts and investors are debating one crucial question - has the billionaire entrepreneur behind Tesla and SpaceX bitten off more than he can chew? Tesla's stock has lost nearly a third of its market value since Musk made an offer to buy Twitter in April, more than double the decline in the benchmark S&P 500 index (.SPX) in the same period. Nelson is among those who believe that Musk can handle the various roles while delivering on Tesla's targets. "If anyone is capable of pulling off this juggling act in our view, you know it's Elon," he said. Tesla stock reacts to Musk's $44 bln deal to buy TwitterReporting by Nivedita Balu, Akash Sriram and Yuvraj Malik in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.
A UCLA law professor is teaching a class called the "Law of Elon Musk." Stephen Bainbridge, a corporate law professor at the University of California Los Angeles, has launched a class called the "Law of Elon Musk." "I thought this would be a way of really grabbing students' attention," Bainbridge told New York Magazine. Experts previously told Insider Musk's legal argument will be difficult to stand up in court. "The only thing that explains this legal battle is that it's Elon Musk and he does things his own way."
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