Daily Archives: May 15, 2023

Elon Musk slams Meta’s WhatsApp: ‘Cannot be trusted’ – Fox Business

Posted: May 15, 2023 at 11:31 pm

JPMorgan global market strategist Jack Manley and The Fitz-Gerald Group principal Keith Fitz-Gerald discuss Tesla's investor day and if now is the time for investors to get off the sidelines on 'The Claman Countdown.'

Billionaire Elon Musk slammed Meta's WhatsApp Messenger on Tuesday, saying the messenger "cannot be trusted."

The Twitter chief was responding to a Saturday tweet from the social media company's director of engineering Foad Dabiri.

"WhatsApp has been using the microphone in the background, while I was asleep and since I woke up at 6 a.m. (and that's just a part of the timeline!) What's going on?" Dabiri tweeted, later noting for one user that he has a Google Pixel 7 Pro.

Musk initially replied that it was "weird," but retweeted the post two days later.

ELON MUSK MOCKS VICE PRESIDENT'S AI ROLE: 'MAYBE SOMEONE WHO CAN FIX THEIR OWN WIFI ROUTER'

Tesla CEO Elon Musk departs court in San Francisco on Jan. 24, 2023. (Marlena Sloss/Bloomberg via Getty Images / Getty Images)

"WhatsApp cannot be trusted," he said in a quote tweet.

WhatsApp did not respond to Musk directly, but did reply to Dabiri on Twitter. Meta pointed FOX Business to a series of tweets.

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"Over the last 24 hours weve been in touch with a Twitter engineer who posted an issue with his Pixel phone and WhatsApp. We believe this is a bug on Android that mis-attributes information in their Privacy Dashboard and have asked Google to investigate and remediate," it said.

Google did not immediately respond to a request for comment.

Signage outside Meta headquarters in Menlo Park, California, on April 20, 2023. (David Paul Morris/Bloomberg via Getty Images / Getty Images)

"Users have full control over their mic settings. Once granted permission, WhatsApp only accesses the mic when a user is making a call or recording a voice note or video and even then, these communications are protected by end-to-end encryption so WhatsApp cannot hear them," WhatsApp added.

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Meta also pointed to a tweet from WABetaInfo, an account that provides news and real-time updates about WhatsApp.

WABetaInfo said it had previously reported that "this is a false positive from the OS, and some users told it happened after a certain patch some other apps may experience the same issue."

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Tesla Investors, Relax! Elon Musk Says He Isn’t Going Anywhere … – Benzinga

Posted: at 11:31 pm

Tesla, Inc. TSLA stock pulled back on Friday amid rumors that Elon Musk could give up the CEO role at the electric vehicle company.

What Happened: Musk rubbished the rumors and reiterated his commitment to Tesla. His comments came in response to a follower who tagged him and asked for confirmation to The Wall Street Journal that he isn't stepping down from Tesla.

See Also: Best Electric Vehicle Stocks

For the unversed, the Journal carried a report that profiled Tesla CFO Zachary Kirkhorn, suggesting that he is the one calling the shots.

In reply, Musk said, "Obviously, bringing on Linda allows me to devote more time to Tesla, which is exactly what I will be doing!"

Musk was referring to handing over the reins of Twitter to Linda Yaccarino, former NBCUniversal executive. This is widely expected to free up the tech entrepreneurs time so that he can focus on his other ventures, including Tesla.

When the billionaire confirmed in the late afternoon on Thursday, Tesla stock spiked higher. Friday's premarket movement in the stock also suggested strength. But as the WSJ report was quoted by other news sites and rumors spread around Musk easing out of the Tesla CEO role, the stock slid throughout the morning session on Friday and then went about a consolidation move at the depressed level in the afternoon.

Price Action: The stock ended Friday's session at $167.20, down 0.40%, according to Benzinga Pro data.

Check out more of Benzingas Future Of Mobility coverage byfollowing this link.

Read Next: Cathie Wood Unfazed By Autopilot Concerns, Calls Teslas FSD Most Impactful AI Project

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Elon Musk Reacts To Media Coverage Of 1.1M Tesla China Recall … – Benzinga

Posted: at 11:30 pm

Tesla, Inc. TSLA was hit with negative headlines on Friday, when reports revealed a massive recall of 1.1 million vehicles by Chinese regulators.

China's State Administration for Market Regulation (SAMR) said that the recall was issued in response to a problem preventing drivers from choosing the regenerative braking system and the lack of a warning when the accelerator pedal is pressed hard for a long time.

According to the agency, both issues increase the risk of collision and pose a safety hazard.

SAMR also said in its release that Tesla China intends to execute over-the-air upgrades to resolve the recalled vehicles issues.

Media coverage of the recall has since appeared to enrage Tesla fans and, even, disappoint CEO Elon Musk.

On Friday, a Tesla influencer tweeted a Community Note or a note that Twitter contributors can leave on any tweet that called out a Bloomberg tweet on Tesla's response to the "recall. The note said that there was no physical recall involved and that the recall itself would be an over-the-air software update.

See Also: Everything You Need To Know About Tesla Stock

Musk replied to the influencers tweet, saying, "When will they learn sigh."

In response, the influencer said outlets would learn as soon as the "clickbait stops working."

Read Next: Will Elon Musk Heed This One Advice From Warren Buffett In An Effort To Lift Teslas Sagging Stock? If You Could Buy Dollar Bills For 80 Cents

Tesla closed Fridays session down 2.38% at $167.98, according to Benzinga Pro data.

Check out more of Benzingas Future Of Mobility coverage byfollowing this link.

Photo: NVIDIA Corporation via flickr

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Elon Musk says he’s found a woman to lead Twitter as new CEO – BNN Bloomberg

Posted: at 11:30 pm

Elon Musk said Thursday he has found a new CEO for Twitter, or X Corp. as its now called and she's a woman. He did not name her but said she will be starting in about six weeks.

Musk, who bought Twitter last fall and has been running it since, has long insisted he is not the companys permanent CEO. The Tesla billionaire said in a tweet Thursday that his role will transition to being Twitter's executive chairman and chief technology officer.

In mid-November, just a few weeks after buying the social media platform for US$44 billion, he told a Delaware court that he does not want to be the CEO of any company.

While testifying, Musk said I expect to reduce my time at Twitter and find somebody else to run Twitter over time.

More than a month later, he tweeted in December: I will resign as CEO as soon as I find someone foolish enough to take the job. The pledge came after millions of Twitter users asked him to step down in a Twitter poll the billionaire himself created and promised to abide by.

In February, he told a conference he anticipated finding a CEO for San Francisco-based Twitter probably toward the end of this year.

Shares of Tesla rose about 2% Thursday after Musk made the announcement. Shareholders of the electric car company have been concerned about how much of his attention is being spent on Twitter.

Last November, he was questioned in court about how he splits his time among Tesla and his other companies, including SpaceX and Twitter. Musk had to testify in the trial in Delawares Court of Chancery over a shareholders challenge to his potentially $55 billion compensation plan as CEO of the electric car company.

Musk said he never intended to be CEO of Tesla, and that he didnt want to be chief executive of any other companies either, preferring to see himself as an engineer. Musk also said at the time that he expected an organizational restructuring of Twitter to be completed in the next week or so. Its been nearly six months since he said that.

Musk's tenure at Twitter's helm has been chaotic, and he's made various promises and proclamations he's backtracked or never followed up on. He began his first day firing the company's top executives, followed by roughly 80% of its staff. He's upended the platform's verification system and has scaled back content moderation and safeguards against the spread of misinformation.

Bantering with Twitter followers late last year, Musk expressed pessimism about the prospects for a new CEO, saying that person must like pain a lot to run a company that has been in the fast lane to bankruptcy.

No one wants the job who can actually keep Twitter alive. There is no successor, Musk tweeted at the time.

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Elon Musk Committed To Tesla, Rivian Shuns Price Cuts, Fisker … – Benzinga

Posted: at 11:30 pm

Electric vehicle stocks experienced another week of mixed performance, with earnings impacting stock moves. Market leader Tesla, Inc. TSLA had a down week amid several negative headlines.

Here are the key events that happened in the EV space during the week:

Tesla's Leadership Rumors, Price Hikes And More: Tesla shares came under selling pressure on Friday, following reports of CEO Elon Musk stepping down. The stock fell nearly 2.4% on the reports. The billionaire entrepreneur later clarified that he intends to focus more on Tesla now that he is leaving Twitter leadership to a new CEO.

In an encouraging sign, Tesla hiked EV prices yet again in the U.S. this week, reversing some of the aggressive cuts it had been implementing since the start of the year. This week saw Model S and X prices in the U.S. go up by $1,000 and Model Y prices increase by a more modest $250. Analysts such as Future Fund's Gary Black see this as a positive development, giving hope that margins could bottom in the second quarter.

Tesla was also hit with a recall this week, as Chinese regulators ordered the recall of 1.1 million Tesla cars that were both imported and made in China. The recalled vehicles could have issues that raise the probability of drivers "mistakenly stepping on the accelerator pedal" for an extended period, potentially increasing the risk of collision, regulators said. The company clarified that the issue would be resolved with a wireless software update.

See also: Best Electric Vehicle Stocks

Rivian Hints At Keeping Prices High After Beating Q1 Estimates: Amid a string of quarterly disappointments in the EV sector, Rivian Automotive, Inc.s RIVNfirst-quarter performance gave some reason for cheer. The company's key first-quarter metrics exceeded estimates, albeit only slightly, and Rivian maintained its full-year production guidance.

Following the results, CEO R.J. Scaringe said price reductions for its flagship models are not in the works, given that the EVs are not produced in high volumes and that the premium pricing can be justified by their better performance and features.

Fisker's Ocean Debut: Close on the heels of its first deliveries of the Ocean SUV, Fisker, Inc. FSR was earlier rumored to be facing problems with the SUVs debut launch due to software integration problems. The company clarified to Benzinga that the Bloomberg report was inaccurate and that no Ocean customer vehicles were on their way back to Fiskers partner and automotive manufacturer Magna.

The company also slashed its Ocean production guidance by about 10,000 units to 32,000 units.

Separately, the company's CEO Henrik Fisher said at the Financial Times Future of the Car Summit that production of its budget model PEAR SUV will be postponed from 2024 to the first half of 2025 due to negotiations with battery suppliers.

Li Auto's Strong Q1: Despite an intensifying rivalry in China, domestic startup Li Auto, Inc. LI reported better-than-expected first-quarter deliveries and turned around to a profit. The company also issued upbeat deliveries forecast for the second quarter.

Check out more of Benzingas Future Of Mobility coverage byfollowing this link.

Toyota Charts Out Ambitious EV Plan: Japanese automaker Toyota Motor Corp. TM, which reported its fourth-quarter results this week, said it expects to see a fivefold rise in pure electric vehicle sales in the new fiscal year. The world's biggest automaker by volume based the optimism on easing global supply chain challenges.

Read Next: Cathie Wood Unfazed By Autopilot Concerns, Calls Teslas FSD Most Impactful AI Project'

EV Stock Performances for The Week:

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Leaked Google Memo Shows Fear of Losing the AI Race, But Not to … – Futurism

Posted: at 11:30 pm

In a leaked internal memo, a Google exec expressed serious fears about losing the ongoing AI arms race but the competition that the exec fears most, according to an NBC report, might be a little unexpected.

"We've done a lot of looking over our shoulders at OpenAI," reads the memo, which a Google spokesperson confirmed as authentic to NBC but cautioned were only the thoughts of one person at the company. "But the uncomfortable truth is, we arent positioned to win this arms race and neither is OpenAI."

"I'm talking, of course, about open source. Plainly put, they are lapping us," it continued. "While our models still hold a slight edge in terms of quality, the gap is closing astonishingly quickly."

In other words, according to this exec, though Google and its Silicon Valley competitors like Microsoft-slash-OpenAI and Meta still have a narrow upper hand, open-source models are quickly catching up.

And that, per the memo, is reason for concern.

The Google exec makes a pretty good case. Aided in large part by a major leak of Meta's advanced language model, LLaMa, small and scrappy open-source models like AutoGPT have made major strides in recent months.

And to that end, it's one thing to have visible, tangible competition like Meta and Microsoft-slash-OpenAI. Fighting an arms race against what's effectively the open web, where users can learn and borrow from each other and tailor development to their personal needs, is another beast entirely.

"I don't think I need something as powerful as GPT-4 for a lot of things that I want to do," Simon Willison, a programmer and tech analyst and blogger, told NBC.

"The open question I have right now is, how small can the model be while still being useful?" he added. "That's something which the open source community is figuring out really, really quickly."

"Largely, I think people are trying to do good with these things, make people more productive or are making experiences better," added Mark Riedl, a computer scientist and professor at Georgia Tech. "You don't want a monopoly, or even a small set of companies kind of controlling everything. And I think youll see a greater level of creativity by putting these tools into the hands of more people."

But while there might be some merits to a decentralized approach to AI, there are also some dangers. In addition to a number of more philosophical ethical questions, AI poses a lot of very real threats, and in the hands of theoretically unlimited bad actors, systems built by way of open-source channels may well do a lot of harm.

"It really now becomes the question of what are people going to use these things for," Riedl told NBC. "There's really no restrictions on making specialized versions of models that are designed specifically to create toxic material, or misinformation, or to spread hate on the internet."

More on Google: Google Staff Warned Its AI Was a "Pathological Liar" Before They Released It Anyway

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God Help Us! They Built Real Doctor Octopus Arms – Futurism

Posted: at 11:30 pm

Our Spider-Senses are tingling.Doctor Octavius

A Japanese robotics company called Jizai has come up with a strange robotic limb contraption called, appropriately, Arms that can give the wearer extra sets of arms like Marvel's iconic Spider-Man villain Doctor Octopus well, sort of.

An artfully shot promotional video shows two models demonstrating the system's capabilities by dancing to some classical music, allowing the appendages to mimic the movements of their human arms.

It's a beautiful exploration of human augmentation that takes a considerable step back from the conventional approach to developing cyborg appendages, most of which have a concrete use case in mind, like allowing those with limited mobility to make use of robotic arms.

Jizai's stated goals are quite a bit more abstract than simply having the arms pick up objects.

"The system was designed to enable social interaction between multiple wearers, such as an exchange of arm(s), and explore possible interactions between digital cyborgs in a cyborg society," reads the company's website.

The team was inspired by a 1963 short story written by Nobel Prize-winning author Yasunari Kawabatain which a girl decides to lend her suitor one of her arms for the night.

"This novel is obviously a work of fiction, yet, half a century since its writing, emerging human-machine integration technologies have begun to allow us to physically experience Kawabatas world," the team wrote in a recently published paper about the system.

"From our role-playing sessions, we found that our bodies could precisely sense the attachment/detachment of arms, and we especially felt a strong impact when detaching or reducing the number of robotic arms worn," it continues.

In short, while we're still far away from having a mad scientist using robotic appendages to take on Spider-Man, scientists are already exploring what it means to augment the human body. And heck, we're intrigued.

More on cyborg arms: Scientists Working on Third Arm You Control Using Your Brain

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NASA Tests Snake Robot Designed to Look for Alien Life on Icy … – Futurism

Posted: at 11:30 pm

"It has the capability to go to locations where other robots cant go."EELS Pit

NASA's Jet Propulsion Laboratory is testing out a snake-like robot that is meant to one day climb into the icy vents of Saturn's moon Enceladus and take a dip into its subsurface ocean below to look for signs of life.

Before it can travel all the way to Saturn's moon, the team at JPL is hoping to deploy the Exobiology Extant Life Surveyor(EELS, get it?) robotin other hard-to-access locations on Earth, the Moon, and beyond.

The team's aim is to create the ultimate jack-of-all-trades with a unique wheels-coming-off approach to robot building.

"It has the capability to go to locations where other robots cant go," said JPLs Matthew Robinson, EELS project manager, in a statement. "Though some robots are better at one particular type of terrain or other, the idea for EELS is the ability to do it all."

In a new video, the robot can be seen slithering across a variety of surfaces, including an iceskating rink, a snowy mountainside, and a beach. They even put it through its paces at the JPL's Mars Yard, a simulated Martianlandscape.

The 13-foot robot moves by rotating its ten identical segments, which are outfitted with threads that allow it to propel itself forward. These individual segments can even act as propellers, allowing EELS to explore its surroundings underwater.

That's important, as JPL is hoping to have the robot eventually explore the habitable subsurface oceans of Saturn's moon Enceladus. To get to this ocean, the robot will have to snake itself through one of the many icy geysers that erupt from the moon's surface before dropping into the depths below.

It will also have to do all of this entirely on its own.

"Imagine a car driving autonomously, but there are no stop signs, no traffic signals, not even any roads," said the projects autonomy lead, Rohan Thakker, in the statement. "The robot has to figure out what the road is and try to follow it."

"Then it needs to go down a 100-foot drop and not fall," he added. The team is hoping to send EELS down a vertical shaft, or a crevasse, in the Canadian Rockies later this year, which will act as an analog for Enceladus' vents.

It's an immense engineering challenge, especially given how little we know about the icy moon's environment.

"When youre going places where you dont know what youll find, you want to send a versatile, risk-aware robot thats prepared for uncertainty," Robinson said, "and can make decisions on its own."

More on JPL's robots: NASA Shows Off Transforming Rover for Exploring Steep Cliffs on Mars

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Former Roscosmos Head Refuses to Believe NASA Landed on the … – Futurism

Posted: at 11:30 pm

"It was not clear to me how the United States, at that level of technological development of the 60s of the last century, did what they still cannot do now?"Rogozin a Stink

Dmitry Rogozin, the former head of Russia's space corporation Roscosmos, is no stranger to making head-scratching remarks.

The outspoken politician, who was sacked from his post as the director of the country's space program last year, is now taking to Telegram to cast doubt on the fact that NASA landed a dozen astronauts on the Moon over half a century ago, as spotted by Ars Technica.

According to his post, Rogozin asked Roscosmos during his tenure to provide him with "documentary evidence of the Americans' stay on the Moon."

Despite his best efforts, he says, he found no evidence at the time.

"It was not clear to me how the United States, at that level of technological development of the 60s of the last century, did what they still cannot do now?" he wrote.

Rogozin's comments are characteristically evocative and brazen, and demonstrate denialist conspiracy theories surrounding NASA's Apollo Moon landings that persist to this day.

Ironically, the Soviet Union even had a spacecraft of its own in orbit around the Moon while NASA astronauts Neil Armstrong and Buzz Aldrin took their historic first steps back in 1969, Ars points out, meaning that Russia has plenty of detailed data to corroborate the Moon landings, which are incredibly well documented overall.

That mountain of evidence clearly has not made enough of an impression on this particular member of Putin's inner circle, though.

Rogozin has made plenty of enemies over the years. Last year, he famouslyseemed to threaten to crash the International Space Station into the US.

During his tenure, he also maintained that Russia would soon abandon the station, despite the fact that the country later agreed to cooperate with its international partners until the station's demise in 2030.

He has also butted heads with SpaceX CEO Elon Musk on a number of occasions.

"If I die under mysterious circumstances, it's been nice knowin ya," Musk tweeted last year after Rogozin told him he'd be held accountable for providing Ukrainian forces with Starlink internet terminals.

Now that Rogozin has been deployed to the front lines of Russia's invasion of Ukraine, he's no longer in charge of the country's space program which, given these latest remarks, is probably for the best.

More on Rogozin: Retired NASA Astronaut Scott Kelly Dishes on Ukraine, Russia, and Moon Mission

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The Guy Really Running Tesla Isn’t Elon Musk, Report Claims – Futurism

Posted: at 11:30 pm

"He doesn't take the limelight from Elon."CFO in Chief

Tesla CEO Elon Musk might still be the public face of Tesla but according to a new report from The Wall Street Journal, Musk isn't actually the person who's really running the show.

Per the report, the person who's really in charge is Zach Kirkhorn, who was named chief financial officer of the EV maker roughly four years ago.

When Kirkhorn became CFO, Tesla was valued at about $50 billion. Today, it's worth over $500 billion.

Tesla's successes are privately being credited to Kirkhorn, according to the report, who has learned to connect with Musk without stealing his thunder a winning strategy that could explain the carmaker's rise, despite Musk's chaotic management style.

Though he's kept a very low profile since his appointment Kirkhorn only has 63 followers on Twitter and keeps his account private the elusive CFO has apparently been instrumental in implementing a number of manufacturing efficiencies, which have, as the WSJ put it, "helped the company deliver 15 consecutive profitable quarters and amass a $22 billion war chest."

That's no small accomplishment and it's even more impressive when you consider Kirkhorn has had to deal with Musk all this time which, presumably, has been a particularly difficult job as of late.

Musk is currently in charge of a number of companies, which means he has to split his time among them all. Last year, following his disastrous acquisition of Twitter in particular, Tesla investors accused him of abandoning his duties at Tesla.

Per the report, Kirkhorn has become exceptionally good at serving as a mediator between Musk and other staffers.

"He doesn't take the limelight from Elon," Kurt Kelty, a vice president at battery-materials company Sila and former senior director of battery technology at Tesla, told the WSJ.

Perhaps most importantly, Kirkhornh is reportedly good at balancing Musk's more absurd and grandiose requests and can break down any "seemingly unattainable demand," as the WSJ put it, into smaller and achievable steps.

Despite Kirkhorn's considerable contributions,Musk is still very much the CEO of Tesla, and any of Tesla's successes are still widely attributed to him.

And considering how things are going over at Twitter, we're not exactly shocked to learn that someone else has had their hand on the proverbial wheel or steering yoke, if you will.

For one, we're sure the stockholders are grateful.

More on Tesla: Tesla Hit with Lawsuit over Reports about Employees Watching Car Cameras

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