ILearningEngines, Inc. Becomes Publicly Traded Company After Completing Business Combination With Arrowroot Acquisition Corp., Will Commence Trading on Nasdaq Under Ticker Symbol "AILE"
Arrowroot Acquisition Corp. Announces Postponement of Special Meeting of Stockholders and New Record Date of Special Meeting of Stockholders
Arrowroot Acquisition Corp. Announces Postponement of Special Meeting of Stockholders
REPLAY: AI Training & Going Public: Join CEOs of ILearningEngines, Arrowroot in Fireside Chat
Kremlin: Russia is ready to respond to Europe's growing demand for natural gas
Kremlin spokesman Dmitry Peskov said Russia was, is and will be a responsible country ready to deal with the growing energy needs of its European partners. Peskov said Russia "totally disagreed" with US accusations that it was using the energy crisis as a geopolitical weapon; the US kept threatening to impose sanctions on commercial projects that would help stabilize European energy markets. Russia is ready to negotiate new long-term supply contracts.
Logitech's operating profit doubled in the first quarter and the demand for home office continued to rise.
Logitech, a computer peripherals maker, said on Tuesday that operating profit and sales grew strongly in the first quarter of fiscal 2022, thanks to rising demand for home-based offices. The company's non-GAAP operating profit doubled to $235 million in the fiscal first quarter to the end of June. Sales rose 66% to $1.31 billion from $792 million a year earlier. Trends such as working from home and the rise of online games continue to drive Logitech's performance, allowing the company's sales to grow further from the high base driven by last year's epidemic. The unprecedented surge in demand prompted Logitech to improve its performance index five times.
Musk taunts Apple: We don't do “walled gardens”
Tesla CEO Elon Musk satirized Apple twice during the company's earnings call on Monday, once about Apple's use of cobalt and once about the company's “walled garden” policy. When asked about Tesla's supply chain, Musk said that there is a misunderstanding in the market that Tesla uses a lot of cobalt. “I think Apple uses close to 100% of cobalt in their batteries, phones, and notebooks, but Tesla doesn't use cobalt in iron phosphate battery packs, and hardly uses cobalt in nickel-based chemicals.” Musk slams Ping when talking about opening up charging networks to rivals
Musk said he may not attend the earnings conference in the future unless there is a major announcement.
Tesla CEO Elon Musk said on the company's second-quarter earnings call on Monday that he may no longer attend quarterly earnings calls in the future. Musk said, of course, he will also attend the annual shareholders' meeting, "but I think I will probably not participate in the earnings conference call in the future, unless there is something very important for me to say." In response to a question about whether he would be interviewed by YouTube users, Musk said that there was only so much time in a day, and if he was interviewed, he would not be able to do "other work."
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