AI and Tech Updates: Tesla Shareholder Meeting, Job Cuts at Indeed and Glassdoor, and More!

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AI and Tech Updates: Tesla Shareholder Meeting, Job Cuts at Indeed and Glassdoor, and More!

14h ago 2:19

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.Tesla has announced that it will hold its annual shareholders meeting on November 6, following pressure from investors. The meeting will address questions about CEO Elon Musk's compensation and how the board plans to keep him engaged. In the UK, four individuals have been arrested in connection to major hacks at Marks & Spencer, Co-op, and Harrods. Meanwhile, job-seeking services Indeed and Glassdoor, owned by Japan's Recruit Holdings, are set to cut 1,300 employees as they pivot towards artificial intelligence. Other tech news includes Apple's plans for early 2026, Belkin discontinuing Wemo smart home products, AI-generated child sexual abuse material proliferating, and the US power grid facing strain from data centers.Moving on to the next segment, today's CEO Daily focuses on Linda Yaccarino leaving X (formerly Twitter) after facing challenges working under Elon Musk. The text discusses the difficulties of being overshadowed by a powerful boss and offers advice on setting expectations and boundaries. Trump has set 35% tariffs on Canada, with an exemption for goods under the US-Mexico-Canada Agreement. Other news includes Bill Ackman's defeat in a tennis match, a scandal involving Boston Consulting Group drafting an analysis on relocating Palestinians in Gaza, and Jamie Dimon's comments on Europe and Democrats. Tesla schedules a shareholder meeting, while the SEC files against an alleged Ponzi scheme called the "Patriot Economy."Wrapping up this episode, the week of July 7, 2025, Stratechery's content included discussions on who invests and why, Apple's search for an AI partner, and speculation on whether Xi Jinping is on his way out. The intersection of tech philosophy and AI opportunity was explored to understand the actions of companies like Meta, Apple, and Google. Apple is considering a partnership with either Anthropic or OpenAI to improve Siri, highlighting their struggles in the AI space. Rumors have been circulating about Xi Jinping's political fate, with some experts finding the evidence unconvincing due to the CCP's opacity. Other topics covered in the newsletter included fair use rulings, NBA free agency, and the F1 movie.That's all for today from OWITH.ai: serving you the latest updates in AI and tech world. Stay tuned for more!

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