Mark Matousek
Mark Matousek
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Tesla's 'full self-driving' feature could put Elon Musk on the path Tim Cook followed to make Apple the world's most valuable company

Tesla's 'full self-driving' feature could put Elon Musk on the path Tim Cook followed to make Apple the world's most valuable company

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.has become the world's most valuable company in part by building a network of software-based services, from the app store to Apple TV+, that allows the tech giant to keep making money from customers after they buy their iPhone or MacBook.Growing the percentage of 's revenues that come from services has become a key element of CEO Tim Cook's strategy. Under his watch, Apple has launched Apple Music, Apple TV+, and iCloud.Morgan Stanley analyst Adam Jonas...

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Mark Matousek
Nov 25
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Elon Musk said people who don't think AI could be smarter than them are 'way dumber than they think they are'

Elon Musk said people who don't think AI could be smarter than them are 'way dumber than they think they are'

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.CEO reiterated his concerns about the future of artificial intelligence on Wednesday, saying those who don't believe a computer could surpass their cognitive abilities are "way dumber than they think they are.""I've been banging this AI drum for a decade," Musk said. "We should be concerned about where AI is going. The people I see being the most wrong about AI are the ones who are very smart, because they can't imagine that a computer could be way smarter...

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Mark Matousek
Jul 22
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The Trump administration's decision to spend Pentagon funds on the US-Mexico border wall was illegal, a federal appeals court ruled

The Trump administration's decision to spend Pentagon funds on the US-Mexico border wall was illegal, a federal appeals court ruled

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.The Trump administration broke the law in its decision to spend Pentagon funds on a wall along the US-Mexico border, the 9th Circuit Court of Appeals said in a 2-1 ruling on Friday. The federal appeals court said the administration's actions violated the Constitution's , which says all federal spending must be specified in laws written by Congress."Here, the Executive Branch lacked independent constitutional authority to authorize the transfer of funds,"...

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Mark Matousek
Jun 27
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Tesla keeps getting hammered and if the beating doesn't stop, it may need another tech giant like Apple to save it, experts say

Tesla keeps getting hammered and if the beating doesn't stop, it may need another tech giant like Apple to save it, experts say

Tesla is feeling the pain. The company's stock price has plummeted by 35% since the beginning of this year, as of Wednesday when markets opened, it hasn't hit since the end of 2016. The electric-car maker's shares since the company went public in 2010. This most recent dive may be caused by investor concern about Tesla's debt levels (the company had $10.3 billion in debt at the end of March and $1.6 billion in convertible bonds this month) and a in which CEO Elon Musk said a capital infusion of over $2 billion would last for only 10 months at recent spending rates, said the Morningstar...

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Mark Matousek
May 22
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