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Tesla reported a big jump in profit on Monday, topping $1 billion in net income for the first time in the company's history.It also beat Wall Street’s expectations for revenue in the second quarter with $12 billion, up from $6 billion in the same period a year earlier.The electric carmaker, led by billionaire entrepreneur Elon Musk, said it expected to launch production this year of its Model Y SUV in Texas and Germany, but would delay the launch of the Semi truck until 2022.Still, despite a prolonged global shortage of computer chips that has hit the auto industry, Tesla posted record deliveries during the quarter, thanks to sales of its less expensive models including its Model 3 sedans and Model Y crossovers.Tesla and Musk have said the supply chain crisis will still pose a challenge and that the rate of growth will depend on it.Shares of the world's most valuable automaker were up more than 2.5% in extended trade.
During last week’s Game Developers Conference members of Gears of War developer The Coalition debuted an “Alpha Point” technical demo showing off the environments and effects possible in Unreal Engine 5. More importantly, the team released a character rendering test, proving that the future of rendering big, burly, bearded white guys in games is safe and sound.
Britney Spears's lawyer, Mathew Rosengart, requests the court to appoint Jason Rubin as conservator of her estate.
KUALA LUMPUR, July 27 — If there is one constant that keeps business owners awake at night during this pandemic, it would be the gnawing uncertainty that hovers on the horizon. To keep struggling...
Two top athletes in women’s gymnastics were eliminated from competing in the all-around event at the Tokyo Olympics. This is because of the “two-per-country” rule, which has benefits and drawbacks.
New M. Night Shyamalan horror thriller "Old" aged to perfection at the top of the North American box office in its debut weekend, taking in $16.9 million, industry watcher Exhibitor Relations said Monday.
Oklahoma and Texas officially said Monday that they were declining to extend the Big 12 grant of rights agreement that expires in 2025.
The sudden move by Tunisia's president to oust its prime minister, its government, and freeze parliament -- with help from the army -- has left Tunisia in turmoil in what opponents are denouncing as a coup.Those for and against President Kais Saied clashed violently outside of parliament Monday, with both sides appearing to throw stones. The country’s largest political party – a moderate Islamist organization – has condemned the president’s actions, which also include imposing a nightly curfew until Aug. 27th. Saied warned that any violent opposition will be met with force. The president’s dramatic moves follow months of deadlock and disputes pitting him against Prime Minister Hichem Mechichi and a fragmented parliament as Tunisia descended into an economic crisis exacerbated by the COVID-19 pandemic.Mechichi on Monday responded by saying he cannot be a disruptive element, and will hand over responsibility to whomever the president chooses. White House press secretary Jen Psaki said the U.S. is “concerned” about the situation. PSAKI: “We are in touch at a senior level from both the White House and the State Department with Tunisian leaders to learn more about the situation, urge calm and support Tunisian efforts to move forward in line with democratic principles.” U.S. State Department spokesman Ned Price later said in a statement that the U.S. has been in contact with Tunisian government officials to stress that solutions to the country's problems should be based on its constitution. The United Nations is also urging restraint and the European Union is asking all sides to respect Tunisia's constitution. Saied invoked emergency powers on Sunday night, marching with tens of thousands of his supporters. President since 2019, he campaigned as a political outsider against what he said was a corrupt and incompetent elite. Saied said the decision to oust Mechichi and suspend parliament for 30 days isn't a coup, but a constitutional and popular response to years of political deadlock and economic crisis, including high unemployment.
Stock futures opened little changed Monday evening on the heels of another record-setting session, with investors looking ahead to the start of earnings results from mega-cap technology companies on Tuesday.
LOS ANGELES (Reuters) -An attorney for Britney Spears on Monday asked a Los Angeles court to name a new conservator to oversee the pop singer's finances following recent testimony that she wanted her father ousted from the role. Lawyer Matthew Rosengart, newly appointed as the performer's personal legal representative, requested that accountant Jason Rubin be named the conservator of Spears' estate, a post currently held by her father, Jamie Spears. Rosengart also said at a hearing in a downtown Los Angeles court that he had filed a petition to remove Jamie Spears as a conservator.
Not long ago, I did something I rarely do: I got all the trophies in Ratchet & Clank: Rift Apart. Often, I get too busy or bored and don’t complete everything in a game. This is doubly true for big open world games. But Rift Apart kept me hooked and seemed made with the idea that Insomniac Games wanted me (and yes, you too!) to finish the game. In a world of 400-hour collect-a-thons and overstuffed games, it’s a nice change of pace and a trend I hope the studio continues.
The final victim of the condo building collapse in Florida has been identified, a relative said Monday, more than a month after the middle-of-the-night catastrophe that ultimately claimed 98 lives.
The filing joins over a dozen bitcoin and ether ETF applications.
"You deserve to feel fierce."
Starz has succeeded in blocking Disney from launching a streaming service in Brazil under the name “Star Plus.” A judge in Sao Paolo granted a temporary restraining order on Friday, holding that Disney cannot use the brand name when the service debuts on Aug. 31. Disney announced in May that it would launch the new […]
Although the start of the women’s artistic gymnastics at the Tokyo Olympics was disappointing for the usually dominant U.S. team, the Americans still have the most medal opportunities of any country. But the U.S. women’s qualifying efforts earned them 11 medal attempts at the Tokyo Games, the maximum possible. ROC could earn at most 10 medals since they qualified only one gymnast to the balance beam finals, and China have the next highest medal chances at seven.
Mark Ronson takes center stage in “Watch the Sound with Mark Ronson,” premiering July 30 on Apple TV Plus. In the six-part series, the Oscar winning multi-hyphenate (a DJ, songwriter, producer and seasoned A&R) sits down with creators and musicians to look at innovations in the realm of sound, from synths to distortion to autotune […]
Vicki Dummer has been hired at Warner Bros. Television to serve as executive vice president and head of current programming. Dummer will report to WBTV Group Chairman Channing Dungey, with whom she previously worked during their respective tenures at ABC. Dummer was a 24 year veteran at ABC, most recently working head of current series […]
Channing Dungey has hired Vicki Dummer, one of her former top lieutenants at ABC, as head of current programming for Warner Bros. Television Group. In her new role, Dummer will be responsible for managing creative affairs for all current scripted series produced by WBTV across all platforms, including HBO Max, external streaming services, premium and basic cable channels, and the five U.S. broadcast networks. Dummer will also supervise WBTV’s newly structured current programming team, with Odett
The Norwegian women's beach handball team doesn't want to wear bikini bottoms while they play, and pop superstar offered her financial support over the weekend to make sure they don't have to. But as it turns out, that wasn't necessary. At the European Beach Handball Championships in Bulgaria last week, Norway’s female team was fined 1,500 euros -- which converts to just under $2000 USD -- for protesting their typical uniforms, which was dubbed “a breach of clothing regulations.” Those regulatio