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Tesla China CEO Says Shanghai Gigafactory Is "Golden Key" To Optimus Robot Production
Tesla China CEO Says Shanghai Gigafactory Is "Golden Key" To Optimus Robot Production
Tesla's China president was quoted by local media on Tuesday as saying the Shanghai Gigafactory could eventually play a major role in mass-producing humanoid robots. The comment comes after Tesla said earlier this year that it would pivot away from producing Model S and X vehicles at its California factory and convert the vehicle production lines to Optimus robot production.
The Shanghai Morning Post quoted Allan Wang Hao, a senior executive at Tesla China, who said the...
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Jun 15, 2026 / Tyler Durden
Fox Buys Roku In $22 Billion Deal To Build "Next-Gen Media" Giant
Fox Buys Roku In $22 Billion Deal To Build "Next-Gen Media" Giant
Fox agreed to acquire Roku for $160 per share in a cash-and-stock deal, valuing Roku at around $22 billion. The deal marks a major push by Fox into connected TV, streaming advertising, and direct-to-consumer distribution.
On Friday, Roku shares jumped 20% to a four-year high on Bloomberg news that the company was in talks to be acquired by an unnamed media company. That created a wave of suspense over the weekend among Wall Street research desks, which published several...
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Jun 14, 2026 / Tyler Durden
Talking Across The Divide
Talking Across The Divide
Authored by J. Peder Zane via RealClearPolitics,
How we see politics reveals a lot about who we are. But it is less akin to a Rorschach ink blot than one of those reversible images, like the drawing that is both a rabbit and a duck. As messy as society might be, it is not some blob open to any interpretation (at least not yet, anyway). The patterns are there. But where we see one clear thing clearly, our pal may see another just as sharply.
The difference is...
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Jun 4, 2026 / Jason Ditz
Israeli Attacks Kill Four in Lebanon as ‘New Ceasefire’ Doesn’t Stop Strikes
On Wednesday evening, it was announced that Israel and Lebanon had agreed to a new ceasefire. Officials, of course, have been reporting that there has been a ceasefire between the two sides since mid-April, but several hundred people have been killed in the fighting that’s gone on during that “ceasefire.” This latest deal was described […]
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