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Technology News

  • Elon Musk hits back at former Tesla employee over pay package
    October 20, 2025, 11:46 PM EDT. Elon Musk clashed on X with a former Tesla employee who criticized his proposed pay package, calling it an overpayment that wouldn't deliver proportional shareholder value. As Tesla readies its annual shareholder meeting, investors are divided: some back the package for potential gains up to $1 trillion in Musk holdings if all performance targets are met, while others object to the cost and risk. Proxy firm ISS has advised voting against, warning the pay structure offers extraordinarily high opportunities and could hinder future adjustments. Musk fired back, noting that Tesla is worth more than all other auto companies combined and questioning which CEO could keep it running. Tesla's proxy filing cites commitments to wind down Musk's political involvement in a timely fashion.
  • Tesla Rides High Into Q3 With Record Deliveries, Gigafactory Texas Milestone, and Green-Energy Push
    October 20, 2025, 11:44 PM EDT. Tesla, Inc. is accelerating into Q3 2025 with near-record deliveries and a growing global manufacturing footprint. In the quarter, Tesla delivered 497,099 vehicles, signaling continued demand for the Model Y, Model 3, and the upcoming Cybertruck. The Austin-based Gigafactory Texas reached a major milestone, producing over 500,000 vehicles since 2022 and leveraging Giga Presses to speed output and cut waste. The plant's use of renewable energy and efficiency efforts support Tesla's aim for 100% clean energy across its factories. Revenue gains next quarter are expected to be modest as credit sales soften and prices remain competitive in the face of Chinese rivals, while margins compress but software services such as FSD and connectivity remain buoyant. Energy storage deployments also rose, underscoring a broader growth picture.
  • Jim Cramer: Apple's rally proves you should own, not time the stock
    October 20, 2025, 11:40 PM EDT. Apple's nearly 4% surge helped lift the Dow, S&P 500, and Nasdaq, underscoring how Apple drives markets. Jim Cramer says investors should own the stock rather than try to time the move, citing the iPhone 17 lineup, pricing stability, and strong product demand. He points to partnerships with Alphabet, potential AI monetization, and compelling opportunities in China as signs of a resilient ecosystem. Analysts see continued growth in services and a multi-year phone cycle, with whispers of a foldable iPhone. With over 1.5 billion iPhones in use, the margin leverage from the ecosystem could expand further. Critics' negativity, he argues, misses the fundamentals and long-term growth.
  • Canvas Restored After 16-Hour Global AWS Outage Disrupts Universities
    October 20, 2025, 11:38 PM EDT. Canvas is back online after a global outage tied to AWS. The downtime began around 2:00 a.m. CT and lasted about 16 hours, leaving universities and school districts unable to access Canvas for assignments or course materials. By 5:01 p.m. CT, all AWS services were restored, including Canvas. The incident affected 142 AWS services and spilled over to consumer platforms like Snapchat and Fortnite, as well as airlines Delta and United, in a broader AWS network crash. CNN estimated the economic impact could reach hundreds of billions of dollars. This update follows the Southeast Arrow's earlier report.
  • Microsoft to release emergency fix for Windows 11 update issues
    October 20, 2025, 11:36 PM EDT. Microsoft says an emergency fix is coming after a problematic Windows 11 update caused widespread issues. Reports cite failures such as broken localhost (127.0.0.1) HTTP/2 connections and apps unable to access the network. Some Logitech hardware stopped functioning, while others reported WinRE (Windows Recovery Environment) input devices no longer working. Additional complaints included File Explorer previews not opening and false security warnings. The company has indicated a follow-up update is in development to address these problems, highlighting the importance of rapid patching after major OS updates to protect compatibility and security. An upcoming patch is expected soon.