Tim Cook Speaks Up His Mind Over Elon Musk, Tesla, Parler App, And The Capitol Attack

Tim Cook held a long talk with the New York Times “Sway” podcast where he spilled beans over the claim of Elon Musk selling Tesla to apple, blocking controversial Parler social media app, and much more.

Here’re excerpts of that interview….

Tim Cook has been worked in different capacities with Apple Inc. in his 23 years career. He remained CEO of the company for nearly a decade

On Elon Musk and Tesla

Tim Cook said that he thought that Tesla had done an unbelievable job of establishing and keeping the lead for a long time in the EV space. He didn’t give any hint on buying Tesla but said that they investigated many things internally and many of them never saw the light of day.

On removing Parler from the App store

Tim Cook said that that was a straightforward decision because the app weren’t adhering to the guidelines of the App Store. He said that one couldn’t incite violence or allow people to incite violence. He further said that he hoped that the app would come back.

On social media attack on the Capitol

Tim Cook said that he was deeply worried about the amplification of social media as a targeting tool to spread misinformation or extremist sentiments. For the Capitol attack, he said that it was the darkest day in their history.

On data theft

Tim Cook said that he was appalled by that and for that reason, they came out with things like a privacy nutrition label. He said that they would improve that over time.

Source:- https://bit.ly/3wtxAD5

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Why Does Elon Musk Want Investors To Sell Dogecoins?

Billionaire Elon Musk said tweeted on Sunday that he supported selling of dogecoin and gave reason that too much concentration in dogecoin was the real issue. Dogecoin is a meme-based digital currency and Musk is the supporter of cryptocurrencies. With his tweet, he sent a strong signal to major stakeholders of dogecoin.

How Elon Musk supports cryptocurrencies?

Being a big supporter of cryptocurrencies, Elon Musk had fueled retail investment in digital currencies through his tweets. He recently sent the shares prices of dogecoin on an upward trend. Similarly, he helped the video game chain GameStop record a high growth in its stock prices through his tweets.

Would Elon Musk accept payment in cryptocurrencies?

On February 8, Tesla Inc made an announcement about a recent purchase of $1.5 billion of digital currency bitcoin. Also, the Elon Musk owned company announced that it would soon start accepting payments for its cars in cryptocurrencies.

Source:- https://bit.ly/2N9NbG3

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Elon Musk Question Robinhood’s CEO For This Reason

Robinhood’s CEO Vladimir Tenev faced a torrent of questions from Elon Musk for halting Reddit GameStop investors from buying just when the stock witnessed a meteoric rise.

Musk grilled Tenev on Clubhouse, an exclusive audio app, and he asked the moderators to turn the volume on so that everyone invited to the session could hear what excuse Tenev had to offer for that fault.

What did Elon Musk ask to Vladimir Tenev?

Elon-Musk

The CEO-to-CEO showdown went over 90 minutes in which Musk asked many disturbing questions to Tenev that latter said that some questions into conspiracy theories. The discussion started with the first question about what made the trading app to halt buying on the hottest stocks of the market at some point last week.

He asked Tenev to spill the beans as people were eager to know why they couldn’t buy GameStop shares. Robinhood ordered freezing of GameStop shares exactly when the stock was high in demand. And the action resulted in online ire and subsequent questioning by Elon Musk.

What was the reason of Robinhood’s action of freezing shares of certain companies?

Robinhood restricted buying stock of GameStop, AMC Entertainment and other companies after it noticed that rise in stock could be due to a social media push. It found its uses discussing buying and holding GameStop stock that the buyers considered undervalued. But they actually wanted to punish deep-pocketed hedge funds that the though had shorted the stock. It happened on the last Thursday.

Source:- https://bit.ly/36woAlm

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How Did Elon Musk Help Etsy Shares?

In what was just another incident of wild, speculative trading in stock market, Etsy witnessed a huge jump in its share. Its stock recorded a 9% increase in premarket trading after Tesla chief Elon Musk tweeted to favor Etsy.

What did Elon Musk tweet?

I kinda love Etsy was all Elon Musk had to say about the ecommerce giant. And this tweet sent Etsy shares in ascending mode. The e-commerce company that recorded little growth in premarket prior to Musk’s tweet saw its shares moving up soon after the tweet was published. According to experts, the tweet could help Etsy achieve the highest spot in the S&P 500 when markets open.

What is the effect musk’s tweet?

Elon Musk is no stranger to investors and he has a history of influencing stock prices especially about Tesla. He uses bold statements on the social media to make his company’s share jump and investors take his opinions seriously. It is exactly what happened with Etsy shares that saw a big jump following Musk’s tweet.

What did Musk say last year?

In a similar incident last year, Elon Musk sent Tesla shares high. He simply made a statement that Tesla stock was “too high” and his simple observation about Tesla sent its shares even higher a week later.

About Etsy

Etsy shares saw 313% increase in the past 12 months as the ecommerce website emerged victorious in the pandemic time. It helped small and medium businesses connect with their customers during lockdown period when most companies were shut for business.

Source:- https://nbcnews.to/2KPTdua

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Capturing Carbon Emission Technology Can Get You $100 Million Prize

Inspired by the inaugural speed of president Joe Biden, Tesla Inc chief and billionaire entrepreneur Elon Musk announced a $100 million prize to encourage development of technology to capture carbon emission. He said on Twitter that the best technology will get the award.

Capturing carbon emission

It is fast becoming a crucial part of plans made to cut carbon footprint. But there’s little progress registered in this field as all efforts are put at reducing carbon emission than taking carbon dioxide out of the air. But the shift in approach was noticed last year when the International Energy Agency highlighted the need to develop a technology that can capture carbon emission. According to the agency, only this technology can help meet the net-zero emission target.

$100 million prize

The announcement was made on Twitter by Elon Musk. Also, the billionaire entrepreneur said that he would provide more details in his second tweet. Tesla officials were approached for further information on the prize but they didn’t give any response.

Elon Musk

Elon Musk is heading a couple of futuristic companies in addition to Tesla. He has a rocket company named SpaceX. Also, he owns a startup Neuralink that is developing technology to allow human brain to connect to computers.

Joe Biden on climate change

In his inaugural speech, president Biden pledged to work on developing carbon capture technology to manage climate change. He even named Jennifer Wilcox as his principal deputy assistant secretary for fossil energy at the US Department of Energy. Wilcox is an expert in carbon removal technologies.

Source:- https://bit.ly/39c0Epb

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Elon Musk Announces Welcome Of A New Family Member

Elon Musk, the SpaceX CEO and the outspoken Tesla chief, shared his joy of becoming a father with his followers through a tweet. When a fan asked about his coming child, an elated Musk lost no time in replying that the baby is just a few hours away.

Elon Musk’s extended family

Musk, 48, has been dating the musician Grimes since 2018 and now she’s become mother of a cute baby. The Internet community has been waiting for this good news ever since Grimes posted an image in which she showed her baby bump on Instagram. The photo was published in January 2020 hence the birth was expected in May. It was Musk’s sixth child as he already has five children and he has been divorced three times. Surprisingly, he has divorced the same woman twice.

Grimes

She is a famous musician but Grimes isn’t her real name. She is Claire Boucher and she is 32 years old. Also, it is her first baby. And she’s quite happy with the healthy delivery.

The couple was first spotted at the Met Gala in 2018 when they surprised both the music and the business world. Since they were making headlines in newspapers and magazines. There were rumors about their secret relationship until Grimes posted her picture with a baby bump.

Elon Musk is known for his high ambition that sometimes create uneasy situations. Once Musk tweeted that Tesla’s share were overvalued. His comment shook the confidence of investors in Tesla all that day.

Source: https://bit.ly/2KZ5r0d

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Vehement Critic Of AI Elon Musk Hires AI

Tesla CEO Elon Musk has been a vehement critic of Artificial Intelligence (AI) but he is now using AI technology. The technology works like his subordinate and reports directly to him.

Elon Musk using AI

A strong critic of AI, Elon Musk often criticized Facebook CEO Mark Zuckerberg and former Alibaba Chairman Jack Ma over the role of AI. But he has finally decided to use AI. He is using AI in his startup Neuralinkthat is creating a brain-machine interface.

Musk tagged the popular host of AI podcast on YouTube Lex Fridman while tweeting about his obsession with AI. He tweeted that he was using AI to solve self-driving. But for him, AI could only do benign tasks and he critically evaluates those tasks.

Tesla using AI

Artificial Intelligence is used for vision and planning to achieve a general solution to full self-driving. Tesla is developing silicon chips that it could use to power its full self-driving software from ground. It is taking every aspect of design of the chips to get expected results. The company is applying cutting-edge research to solve issues from perception to control.

Tesla is also working on core algorithms that help in driving. It creates a high-fidelity representation of the world and planning trajectories in that space. Elon Musk said that AI would still be left behind even in its benign stage. He made this opinion while making a presentation about brain-machine interface technology of Neuralink.

Source: https://bit.ly/31tXpUq

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