The next world’s richest man...

Hello, good people! 👋

It’s Monday again, and we are back with yet another edition of Tech Creator, the bite-size edition for you to snack on. 

We are here to discuss the latest happenings in the Tech world. 

Let’s jump head-on into the news:  

• Elon Musk Moves Neuralink From Delaware: Elon Musk has moved his brain implant company Neuralink out of Delaware and reincorporated it in Nevada. The move came after a Delaware judge struck down Musk’s $55 billion pay package on January 31. 

Psst… There’s an interesting backstory to it. 👀

(Wanna read how Musk became the richest man in the world? Wait for our newsletter tomorrow.) ✉️

Musk’s Tweet:

• Jeff Bezos sells $2B Amazon shares: Yes, he did, and he has his reason. Amazon CEO Jeff Bezos sold off 12 million shares of Amazon.com Inc. last week, the first time since 2021.  He plans to sell 50 million shares over the next 12 months to cash on the stock surge and become the world’s richest man. 

FYI, Bezos’s net worth jumped from $22.6B to $199.5 billion on 9th February!  🤑

• Semiconductor Giant Arm is arm-in-arm with Starbucks and Airbnb: Riding high on the ‘All things AI’ wave, Semiconductor giant Arm added $38 billion in sales in just a day to rub shoulders with the likes of Starbucks, Airbnb, and others. 

• Scottish council sends panicked letters to Google and Apple: Scots are struggling to find their way with outdated Apple and Google Maps. Apple and Google’s GPS sent vehicles down a flight of steps after their maps failed to update the road maps of that area. The council sent letters to both Google and Apple regarding the same. 

• Ant Group’s profit falls by 92%: Fintech pioneer Ant Group’s quarterly profit fell by 92% owing to economic downturn and regulatory scrutiny. The company had to suffer a 7 billion yuan fine, effectively ending Beijing’s clampdown on the company. 

• Apple moves away from iTunes on PC: Apple will officially launch Apple TV, Apple Music, and Apple Devices apps on Windows this week. The three apps and an overhauled iCloud for Windows app will almost replace iTunes on Windows. iTunes will only be required to access podcasts and audiobooks. 

• Minesto’s Dragon 12 is now exporting power: Minnesota’s 20-ton, 1.2-megawatt tidal kite Dragon 12 is harvesting renewable tidal energy and exporting power to the grid. The tidal kite moves in a pattern of 8 to generate electricity, which is relatively more than the current designs.  

• Ford reports $526M in quarterly loss: Ford Motors reported a quarterly loss of $526 million in its fourth quarter of 2023. However, its sales revenue rose to $46 billion. The accruing losses resulted from special charges related to its employee pension programs and the reorganization of some of its overseas operations.  

Read More…

•  How can Apple’s Vision Pro rewire our brains?

• Is Russia using Musk’s Starlink in the war against Ukraine? 

• Twitter’s Rival Bluesky is now open for anyone to join 

We hope you liked today’s news snack. We’ll be back with a three-course meal tomorrow. See Yaa! 👋