Business

Tesla’s Decline in U.S. Electric Vehicle Market Dominance
Business

Tesla’s Decline in U.S. Electric Vehicle Market Dominance

Related media - Recent news Tesla’s U.S. electric vehicle market share fell below 50% for the first time in the second quarter of the year, according to recent estimates from research firm Cox Automotive. Tesla’s share fell to 49.7% from 59.3% in the same period last year. The decline is notable as battery-powered vehicle sales have hit record highs during the same time frame. From April to June, Tesla faced increasing competition from General Motors, Ford, Hyundai, and Kia. Cox Automotive estimates, based on filings, company reports, and other data, highlight this shift. The latest quarter marks a significant milestone, as it is the first time Tesla’s market share has fallen below 50% in a single quarter. Despite Tesla's decline in market share, overall U.S. electric vehicle sales i...
Meet David Ellison: Paramount’s New Leader
Business

Meet David Ellison: Paramount’s New Leader

More news - Recent news David Ellison’s Hollywood journey has been filled with high-energy, adrenaline-filled blockbusters filled with suspense, stunts and unexpected twists. But on Sunday, he achieved his most significant milestone by negotiating a merger with Paramount after months of discussions with the company and its largest shareholder, Shari Redstone. If the deal goes through, he will oversee a vast media empire that includes CBS, MTV and the Paramount movie studio. Although Ellison, 41, has been among Hollywood's elite for over a decade, he's only just now entering the spotlight. Here's a rundown of his career. Who is David Ellison and what is Skydance? A look at Ellison's Internet Movie Database page reveals a modest acting career with minor roles in films such as "Flyboys"...
Jane McAlevey: A Life Dedicated to Workers’ Empowerment Ends at 59
Business

Jane McAlevey: A Life Dedicated to Workers’ Empowerment Ends at 59

Related media - News 24 hours Jane McAlevey, an influential organizer and labor scholar, died Sunday at her cabin in Muir Beach, California, at the age of 59. Her half-brother, Mitchell Rotbert, confirmed that multiple myeloma was the cause of death. McAlevey had previously undergone surgery for breast cancer. Throughout her career, McAlevey was a staunch advocate for the working class, emphasizing the importance of worker-led unions. She believed that member-led unions were the most powerful tools for combating economic inequality. In her numerous writings and media appearances, she criticized many U.S. labor leaders for what she saw as their complacency and collusion with corporate interests. McAlevey’s journey as an organizer began with successful campaigns for the AFL-CIO and the...
Ray Kurzweil’s Take on AI Fusion
Business

Ray Kurzweil’s Take on AI Fusion

More news - Latest news Ray Kurzweil, a renowned inventor and futurist, continues to claim that humans will soon merge with artificial intelligence. During an interview at the Four Seasons Hotel in Boston, Kurzweil showed a graph illustrating the exponential growth of computing power over the past 85 years. This steady increase, according to him, indicates that the so-called Singularity, when humans and AI become one, will occur within the next two decades. Kurzweil, who has made a career out of making bold predictions, reiterated claims in his 2005 book, The Singularity is NearWith the advent of AI technologies like ChatGPT and efforts to implant computer chips into humans, he felt it was time to update his predictions, which led to his latest book, The singularity is closer. At 76,...
Otto Lucas, a “God in the hat world”, had famous designs that ended up in British Vogue magazine
Business

Otto Lucas, a “God in the hat world”, had famous designs that ended up in British Vogue magazine

More news - News 24 hours This article is part of Neglected, a series of obituaries about extraordinary people whose deaths, beginning in 1851, were not reported by The Times. For many fashionable women of the mid-20th century, a hat wasn't worth wearing unless it was made by Otto Lucas. Lucas was a London milliner famous for his elegant turbans, caps and cloches, often made of fine velvets and silks and decorated with flowers or feathers. Her designs have graced the covers of magazines such as British Vogue and have been worn by illustrious clients, including actresses Greta Garbo and Gene Tierney, as well as the Duchesses of Windsor and Kent. Otto Lucas was a household name in England. At the height of his career, he sold thousands of hats a year around the world. “He must have bee...
Chet Hanks and the Rise of a Controversial Meme
Business

Chet Hanks and the Rise of a Controversial Meme

More news - News 24 hours In the spring of 2021, Chet Hanks, son of Tom Hanks, sparked controversy by declaring that it would be a “white boy summer.” Initially ambiguous, the phrase has since been co-opted by white supremacist groups, according to a report by the Global Project Against Hate and Extremism. This year, the slogan has appeared in thousands of Telegram posts, used by far-right groups to recruit, organize protests, and incite violence, particularly against immigrants and LGBTQ individuals. The phrase now symbolizes an unabashed celebration of white heterosexual masculinity, often at the expense of women and people of color. Wendy Via, co-founder of the Global Project Against Hate and Extremism, noted that the meme has moved from the fringes of the Internet to mainstream p...