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Technology

Asides

Alphabet Earnings: Google parent stock slides despite profit, sales beats

Alphabet brought in a robust $59.6 billion in ad revenue last quarter but Wall Street soured on weaker than anticipated profits in the company’s cloud business.

  • By Derek Saul
  • Forbes Staff

Apple reportedly launching new products next week

The company will reportedly announce new Mac computers next Monday.

  • By Britney Nguyen

Instagram linked to depression, anxiety and insomnia in children, lawsuit against Meta claims

Nearly three dozen states sued Meta, claiming the social media giant misled the public about harms to children and teenagers.

  • By Brian Bushard
  • Forbes Staff

Latest leadership shuffle at Qantas to address ‘challenges and opportunities’ ahead

Qantas Group has announced a new chief executive officer for its regional and charter business, QantasLink.

  • By Anastasia Santoreneos
  • Journalist & List Editor

Microsoft sinks $5 billion into Australia to ‘help seize AI era’

The investment will roll-out over the next two years, and will be the single largest investment in is 40-year history in the country.

  • By Anastasia Santoreneos
  • Journalist & List Editor

Musk warns of ‘enormous challenges’ for Tesla Cybertruck production and pricing

Tesla’s reinterpretation of the pickup truck should arrive in November, though at low volume. And the company’s billionaire CEO declined to provide a 2024 sales target.

  • By Alan Ohnsman
  • Forbes Staff

Iron and rust could be the secret to storing clean power for days 

Form Energy, led by a former Tesla executive and backed by Bill Gates’s Breakthrough Energy Ventures and TPG, sees iron and rust as a low-cost solution to storing surplus energy for more than four days. 

  • By Alan Ohnsman
  • Forbes Staff

Musk confirms X subscription tiers coming ‘soon’

X, formerly known as Twitter, is launching two tiers of premium subscriptions.

  • By Britney Nguyen

Brewing prescription drug ingredients like they were beer 

Backed by US$120 million in venture funding, Stanford professor Christina Smolke’s company Antheia just completed its first scaled production of a key drug ingredient. 

  • By Alex Knapp
  • Forbes Staff

Elon Musk loses $24 billion after Tesla stock falls roughly 9%

Tesla stock fell after a poor earnings report and ominous statements from CEO Elon Musk.

  • By William Skipworth
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