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Elon Musk Says He’s Moving SpaceX And X Out Of California
Elon Musk has announced that he is relocating his firms out of California.
In two posts on X Tuesday, the billionaire announced that SpaceX’s headquarters will be relocated from Hawthorne, California, to Starbase, Texas, a business town under construction in the state’s south. He also said that social media platform X would be moving from San Francisco to Austin, Texas.
Elon Musk Says He’s Moving SpaceX And X Out Of California
Musk said the SAFETY Act, a bill signed by California Gov. Gavin Newsom that prohibits school districts from mandating instructors to notify parents if a child wishes to be labeled as a different gender, was “the final straw.”
“Because of this law and the many others that preceded it, attacking both families and companies, SpaceX will now move its HQ from Hawthorne, California, to Starbase, Texas,” Musk told X.
In 2022, one of Elon’s daughters asked a California court to accept her new name and gender, claiming she no longer wanted to be related to her famous and affluent father “in any way, shape or form.” Musk has faced criticism for several of his statements on X addressing gender identification issues.
In a follow-up tweet, Elonstated that he was tired of the violent criminality surrounding the building where X is located in San Francisco.
Elon Musk Says He’s Moving SpaceX And X Out Of California
Elon has been drawn to Texas for several years. SpaceX moved to relocate its corporate incorporation from Delaware to Texas in February following a Delaware state judge’s ruling that Elon’s 2018 Tesla pay package was exorbitant, siding with a shareholder who challenged it.
Elon announced 2021 that Tesla would relocate its headquarters from the Bay Area to Austin, Texas. In December 2020,Elon announced that he had relocated to Texas.
SOURCE | CNN
News
Google’s Moneymaking Machine Still Pumping Out Massive 34% Increase In Profits Despite Multiple Threats
SAN FRANCISCO – Google is still growing as the corporation navigates a pivotal move to artificial intelligence and faces regulators attempting to bring down its online empire.
Google’s corporate parent, Alphabet Inc., released its results for the July-September quarter on Tuesday, providing the most recent evidence of its profitability. Alphabet’s profit and revenue grew faster than industry analysts expected, owing largely to a moneymaking juggernaut fueled by Google’s ubiquitous search engine.
Alphabet made $26.3 billion, or $2.12 per share, in the most recent quarter, representing a 34% increase over the previous year. Revenue increased 15% from the same time the previous year to $88.27 billion.
Google’s Moneymaking Machine Still Pumping Out Massive Profits Despite Multiple Threats
The earnings would have been even higher if Google hadn’t spent so much money building up its AI arsenal in a technological arms race that involves other industry heavyweights: Microsoft, Amazon, Apple, Facebook parent Meta Platforms, and emerging star OpenAI. Google’s capital expenditures in the last quarter increased 62% over the same time last year to $13.1 billion, owing primarily to AI developments.
“Our commitment to innovation, as well as our long-term focus and investment in AI, are paying off,” Alphabet CEO Sundar Pichai stated during a teleconference to discuss the findings.
After the statistics were released, investors appeared happy with the performance, as Alphabet’s stock price increased 4% in extended trading.
According to Investing.com analyst Thomas Monteiro, Alphabet’s performance suggests that more good news for Big Tech will follow this week, with quarterly releases from Microsoft, Meta, Amazon, and Apple due in the coming days.
However, a four-year-old antitrust action filed by the United States Department of Justice has placed doubt on Google’s future.
After reviewing the evidence provided in a high-profile trial last year, a federal court declared Google’s search engine an illegal monopoly, paving the way for a dramatic shake-up. Earlier this month, the Justice Department hinted that it would seek to break up Google as part of the fines imposed by U.S. District Judge Amit Mehta next summer.
Aside from legal action against its search engine, Google has also been forced to remove restrictions to safeguard its Play Store for Android smartphone apps. That decision came earlier this month after a jury determined that the operation was likewise an illegal monopoly. Google is also reaching the completion of another antitrust trial in Virginia centered on the technology that powers its digital ad network.
As if the regulatory headaches weren’t enough, Google is also in the process of overhauling its search engine, with a greater emphasis on highlighting results generated by artificial intelligence in response to competitive threats to alternative options based on the same potentially revolutionary technology.
Moneymaking Machine Still Pumping Out Massive Profits Despite Multiple Threats
For the time being, Google remains a juggernaut.
The digital adverts linked to the search engine remained the financial foundation. That segment’s revenue increased 12% over the previous year, reaching $49.39 billion. The cloud division is also expanding at a rapid pace, owing to increased demand for AI services. The cloud division generated $11.35 billion in revenue last quarter, a 35% rise over the previous year.
Investors continue to be concerned about Google’s regulatory issues. Although Alphabet’s stock has increased by more than 20% this year, Tuesday’s closing price of $169.68 is still significantly behind the high of nearly $192 hit in July before the search engine monopoly verdict was issued.
SOURCE | AP
News
Teri Garr, The Offbeat Comic Actor Of ‘Young Frankenstein’ And ‘Tootsie,’ Has Died
Los Angeles — Teri Garr, the eccentric comic performer who climbed from background dancer in Elvis Presley films to co-star in such hits as “Young Frankenstein” and “Tootsie,” died. She was 79.
Garr died on Tuesday from multiple sclerosis, “surrounded by family and friends,” according to publicist Heidi Schaeffer. Garr has fought various health issues in recent years, including an aneurysm repair surgery in January 2007.
Admirers praised her on social media, with writer-director Paul Feig describing her as “truly one of my comedy heroes.” I could not have loved her more,” and screenwriter Cinco Paul saying: “Never the star, yet always shining. “She improved everything she was in.”
Teri Garr, The Offbeat Comic Actor Of ‘Young Frankenstein’ And ‘Tootsie,’ Has Died
Her father was Eddie Garr, a well-known vaudeville comic, and her mother was Phyllis Lind, one of the original high-kicking Rockettes at New York’s Radio City Music Hall. Their daughter began dancing classes at the age of six and, by the age of fourteen, was performing with the San Francisco and Los Angeles ballet companies.
She was 16 years old when she joined the road crew of “West Side Story” in Los Angeles, and she began starring in small roles in films as early as 1963.
In an interview from 1988, she described how she landed the role in “West Side Story.” After being rejected at her initial audition, she returned the following day dressed differently and was accepted.
From then, Garr found constant work dancing in movies, appearing in the chorus of nine Elvis Presley films, including “Viva Las Vegas,” “Roustabout,” and “Clambake.”
She has also appeared on various television shows, including “Star Trek,” “Dr. Kildare,” and “Batman,” and was a featured dancer on the rock ‘n’ roll music show “Shindig,” the rock concert performance “T.A.M.I.,” and a cast member of “The Sonny and Cher Comedy Hour.”
Her breakthrough role was as Gene Hackman’s girlfriend in Francis Ford Coppola’s 1974 thriller “The Conversation.” This led to an interview with Mel Brooks, who offered her the role of Gene Wilder’s German lab assistant in 1974’s “Young Frankenstein” if she could speak with a German accent.
“Cher had this German woman, Renata, making wigs, so I got the accent from her,” Garr once told me.
The film established her as a great comic performer, with New Yorker film writer Pauline Kael calling her “the funniest neurotic dizzy dame on screen.”
Her big smile and off-center appeal helped her land roles in “Oh, God!” with George Burns and John Denver, “Mr. Mom” (as Michael Keaton’s wife), and “Tootsie,” in which she played the girlfriend who loses Dustin Hoffman to Jessica Lange and discovers he has dressed up as a woman to revive his career. (She also lost the Oscar for supporting actress to Lange at the Academy Awards that year.)
Garr, best known for comedy, demonstrated her ability to handle drama in films like Close Encounters of the Third Kind, The Black Stallion, and The Escape Artist.
“I would like to play ‘Norma Rae’ and ‘Sophie’s Choice,’ but I never got the chance,” she once commented, admitting that she had gotten typecast as a humorous performer.
She had a gift for spontaneous humor, frequently playing David Letterman’s foil during early guest appearances on NBC’s “Late Night With David Letterman”.
Her appearances grew so frequent, and the pair’s good-natured bickering so convincing that rumors of romantic involvement circulated for a while. Years later, Letterman acknowledged those early appearances with helping the program become a success.
During those years, Garr began to experience “a little beeping or ticking” in her right leg. It started in 1983 and expanded to her right arm as well, but she thought she could deal with it. By 1999, the symptoms had gotten so bad that she saw a doctor. The diagnosis is multiple sclerosis.
For three years, Garr kept her sickness a secret.
“I was afraid that I wouldn’t get work,” she said in a 2003 interview. “People hear MS and think, ‘Oh, my God, the person has two days to live.'”
After going public, she became a spokesman for the National Multiple Sclerosis Society, giving funny remarks at events around the United States and Canada.
“You have to find your center and roll with the punches because that’s a hard thing to do: to have people pity you,” she said in 2005. “Just trying to explain to people that I’m OK is tiresome.”
She also continued to act, appearing on “Law & Order: Special Victims Unit,” “Greetings From Tucson,” and “Life With Bonnie,” among other shows. She also had a brief cameo on “Friends” in the 1990s as Lisa Kudrow’s mother. Garr married contractor John O’Neill in 1993. Before their divorce in 1996, they adopted a daughter, Molly.
Teri Garr, The Offbeat Comic Actor Of ‘Young Frankenstein’ And ‘Tootsie,’ Has Died
In her 2005 book Speedbumps: Flooring It Through Hollywood, Garr explains why she chose not to discuss her age.
“My mother taught me that Hollywood personalities never reveal their true ages. “She never revealed her own or my father’s,” she wrote.
She claimed she was born in Los Angeles. However, most reference books identify Lakewood, Ohio. As her father’s profession faded, Teri and her two older brothers moved in with relatives in the Midwest and East.
Teri graduated from North Hollywood High School and studied speech and acting at California State University, Northridge for two years.
In 1988, Garr recounted what her father warned his children about making a career in Hollywood.
“Don’t be in this business,” he advised them. “This is the lowest. It’s humiliating for folks.”
Garr is survived by her daughter Molly O’Neil and grandson Tyryn.
SOURCE | AP
News
Marie-Philippe Bouchard Takes Top Seat at CBC News Canada
Marie-Philippe Bouchard, head of radio news at CBC News Canada, is excited to be “charting the path forward” as a public broadcaster in Canada. The company is still dealing with the fallout from the scandal surrounding executive bonuses given out in the wake of layoffs caused by outgoing CEO Catherine Tait.
Bouchard will start her five-year tenure as head of CBC/Radio-Canada on January 3, 2025, making history as the first francophone woman to hold the position, according to Heritage Canada, which announced the appointment on Tuesday.
Across the globe, Bouchard described “public service media” as “a precious public asset.”
According to Bouchard’s media statement, keeping up with the rapid pace of society’s changes necessitates that our public broadcaster establish trust to continue being relevant to all Canadians.
The Minister of Heritage, Pascale St-Onge, praised Bouchard, calling him “a talented, strong public broadcasting leader with a proven record of transformation.”
Before becoming president and chief executive officer of TV5 Quebec Canada, Bouchard held several managerial posts at the Canadian Broadcasting Corporation (CBC) in digital services, music, strategy, planning, and regulatory relations.
Catherine Tait and CBC News Canada
Bouchard took over for Catherine Tait, president of the CBC since 2018, and a figure under pressure for executive compensation and the larger difficulties of rebuilding public faith in the network. Tait oversaw CBC News Canada.
Tait justified the over $18 million in performance-based compensation to staff during Monday’s meeting of the Commons Heritage committee, even though the government had to lay off 141 workers and fill 205 open jobs due to a budget deficit.
According to Catherine Tait, Parliamentary Heritage Committee members have tried to “vilify” and “discredit” her and the public broadcaster through her appearances.
When she resigned in January, she refused to accept Conservative demands that she forego a financial departure package that included bonuses.
St-Onge appointed Bouchard to a committee last May to update CBC/Radio-Canada’s mission. The broadcaster employs over 7,000 individuals representing “a multitude of backgrounds and cultures,” as stated in the organization’s most recent annual report. So far, we do not know what that review found.
As online platforms continue to grow in importance, CBC News Canada is one of several broadcasters that has seen a decline in ad revenue and a subsequent reduction in audience size.
According to its annual report for 2023–2024, the company predicts that its traditional radio and television audiences will “continue to erode as younger Canadians embrace digital technologies.”
According to St. Onge, Bouchard will “provide a steady hand” for the CBC during “a critical time of modernization.”
Source: CBC News Canada
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