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Gizmodo

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Outta here, cars! Tesla has to make room for promises of an automated, robotic future.



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Tech Insider

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Satya Nadella is speaking in front of an OpenAI logo.
"Remember this was a nonprofit, and I think Bill even said, 'Yeah, you're going to burn this billion dollars,'" Satya Nadella said of Microsoft's $1 billion investment into OpenAI in 2019.
  • Microsoft shares slid after hours, despite the company beating earnings expectations for its Q2.
  • Analysts pressed CEO Satya Nadella and CFO Amy Hood about Azure's slowing revenue

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Tech Insider

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Meta
  • Meta and Microsoft reported quarterly earnings on Wednesday.
  • Capex for both companies was higher than Wall Street expected.
  • Meta's stock soared in after-hours trading. Microsoft's plunged.

Wall Street had very different reactions to two of Big Tech's biggest spenders after quarterly earnings reports came out on Wednesday.

Both Meta and Microsoft reported higher


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Engadget

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Tesla will “basically stop the production” of its Model S and X electric vehicles next quarter, CEO Elon Musk has announced at the automaker’s earnings call for the 2025 fiscal year. “It’s time to bring the Model S and X program to a end with an honorable discharge, because we’re really moving into a future that’s based on autonomy,” Musk said. You can still buy the vehicles as long as there are



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The Verge

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Sebastiaan de With, known for his work on apps like Halide, Kino, and Orion as the co-founder of Lux, is joining Apple's design team, he announced today. "So excited to work with the very best team in the world on my favorite products," de With says in his post.

Some big personal news: I've joined the Design Team at Apple. So excited to work with the very best team in the world on my



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Tesla reported Q4 adjusted earnings per share ahead of estimates, but revenue fell short of analysts' expectations.

Tesla earnings are here — and they arrived with some surprise announcements.

First, there was a $2 billion investment in xAI. But the biggest surprise came when Elon Musk announced Tesla would discontinue the Model S and Model X entirely, giving them an




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Engadget

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Apple picked up an intriguing new member for its design team today in Sebastiaan de With, co-founder of the iPhone camera app Halide. He announced the move today on Threads, adding, "So excited to work with the very best team in the world on my favorite products."

The Halide app has caught our eye at Engadget at several points over the years. de With also is co-founder of Lux, which is Halide's