President Trump has posted on his social media site that a meeting between U.S. and Chinese officials went well and that a deal was reached regarding "a 'certain' company" young people in the U.S. "very much wanted to save."
Elon Musk bought $1 billion in Tesla stock through a trust, indicating his high hopes for the company's future. It was his first open-market purchase since 2020.
The electric vehicle tax credit is ending this month. Rivian is cutting costs by laying off about 200 employees last week and is still planning to release its new, afforable SUV next year.
Warner Bros. Discovery joined Disney and Universal Pictures in its legal battle against Midjourney. Warner accused the AI firm of "blatantly and purposefully infringing [our] copyrighted works."
Biotech company invests in its roots in Thousand Oaks. On Tuesday, the business announced the building of a 'state-of-the-art' research center, which will cost around $600 million.