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Nora Tam/South China Morning Post via Getty Images An Elon Musk superfan joined the Forbes 400 list for the first time this year. Leo KoGuan is Tesla’s third-largest shareholder and is now worth $7.2 billion. KoGuan is among a group of investors who’ve made millions off of Tesla’s soaring share price. An Elon Musk superfan…
Stanley Druckenmiller. Reuters / Brendan McDermid Billionaire investor Stanley Druckenmiller said he expects the US economy to fall into a recession next year on the Federal Reserve’s aggressive rate hikes. “I will be stunned if we don’t have recession in ’23,” he said Wednesday at CNBC’s Delivering Alpha Investor Summit in New York. The Federal…
To get accurate directions, Apple Maps needs to work correctly. Bronek Kaminski/Getty Images If Apple Maps isn’t working, you probably need a stronger internet connection. Even if you have an internet connection, Apple Maps also needs a strong GPS signal, which isn’t always easy to get. Apple Maps also needs Location Access permission, which you…
The BMW XM SUV. BMW Some social media users are roasting BMW’s new SUV and calling it ugly. On Tuesday, BMW unveiled the XM, a 644-horsepower SUV that costs $160,000 and up. It’s a plug-in hybrid and can drive up to 30 miles on electric power only, BMW says. “Hideous.” “Ghastly.” “Obnoxiously designed.” “BMW needs…
REUTERS/Jonathan Ernst The Fed doesn’t need to go “full Volcker” on raising interest rates to combat inflation, according to Fundstrat’s Tom Lee.Leading indicators suggest financial conditions are tightening and inflation is coming down, Lee said.“Compared to 1970s-1980s, today’s inflation is nascent,” Lee said, adding that inflation in 2022 is “hardly out of control.” Federal Reserve…
Nearly 15 years after introducing the first Kindle, Amazon is finally adding a stylus to one of its e-readers. At its fall hardware event, the company introduced the Kindle Scribe. The device features a 10.2-inch, 300ppi display with an adjustable front light and a stylus that magnetically attaches to it. According to Amazon, you don’t…
Amazon wants to help you get better understanding of your sleep, but knows that many of us hate wearing something to bed just to track our rest. That’s why it made the Halo Rise — a bedside lamp and sleep tracker that works without a camera or microphone to track the person resting closest to…
Amazon has revealed new Echo speakers, although they don’t look much different on the outside. Once the centerpiece of the company’s Alexa lineup, Amazon didn’t debut a new “regular” model last year. In 2020, it unveiled a completely redesigned Echo with a spherical shape instead of its previous cylindrical construction. The “regular” Echo isn’t getting…
Building off of its success convincing the public to outfit their homes and offices with various Alexa-enabled Echo devices, Amazon introduced the very first Echo Auto in 2018. More than a million pre-orders and four years later, the Echo Auto is getting an upgrade, Amazon announced Wednesday at its 2022 Device and Services event. The…