Tag Archives: fail

Tesla CEO Elon Musk.Chris Saucedo/Getty Images for SXSW Billionaire investor Charlie Munger once told people at a lunch “all the ways Tesla would fail,” Elon Musk recounted. Musk said the Berkshire Hathaway vice chairman’s comment made him “quite sad.” Tesla is currently the world’s most valuable carmaker with a market capitalization of $954.3 billion. Elon Musk said billionaire investor Charlie Munger once told people at a lunch “all the ways Tesla would fail.” The Tesla CEO was responding to a… Source link

Last week, a Reddit user reported that they weren’t able to call 911 using their Pixel 3 and later said they were working with Google support to figure out the issue. Yesterday, Google announced what was causing the issue in a reply to the post: an “unintended interaction between the Microsoft Teams app and the underlying Android operating system” (via 9to5Google). In its comment, Google says that the bug happens when someone is using Android 10 or later and has Teams installed but… Source link

The thought of a Lehman Brothers-esque collapse in China sent U.S. investors running for the exits Monday. The Dow Jones Industrial Average (^DJI) sank 614 points, while the S&P 500 (^GSPC) fell 75 points and the Nasdaq Composite (^IXIC) plunged 330 points. It was the market’s worst one-day slide in months and shattered an extended stretch of calm for stocks. The S&P 500 hadn’t fallen more than 1% since mid-August. Investors were rattled by news that the major Chinese real estate developer… Source link

Leaders from all walks of life, from politics to business and finance, can experience major setbacks during their tenure. David Novak, co-founder and former CEO of Yum! Brands, Inc. (YUM), is very much aware of this. In an Influencers interview with Yahoo Finance Editor-in-Chief Andy Serwer, Novak discussed the infamous failure of Crystal Pepsi, a product he was behind the development of, as well as how he bounced back as a business leader and the lessons others can learn from his… Source link

(Bloomberg) — The size and type of defaults that have occurred in China in recent times indicate that the notion of “too big to fail” may no longer apply to the nation’s borrowers, according to Goldman Sachs Group Inc. There has been a noticeable up-tick in defaults by Chinese state-owned enterprises since late 2019 and some of the borrowers that have failed to repay debt recently such as China Fortune Land Development Co. have had large amounts of outstanding bonds, analysts including… Source link

A man’s grocery “fail” has gone viral after he saw the funny side of it and shared it to social media. James Murden from the UK placed an order online with Tesco, a supermarket chain in the UK, hoping to get a bag of sprouts. When the delivery arrived, however, it wasn’t quite what he expected. “Please note: when ordering sprouts from @Tesco online, quantity 1 does not mean 1 bag of sprouts. It means 1 sprout,” he wrote on Twitter. “Thank you and good night.” A man expected more… Source link

The New Orleans Pelicans and point guard Lonzo Ball failed to reach an agreement to extend his rookie contract, ESPN’s Adrian Wojnarowski reports. The fourth-year point guard will become a restricted free agent next summer. Wojnarowski, who spoke with Ball’s agent Rich Paul, reports that the two sides “remain positive” they can eventually reach an agreement. The Pelicans will retain the right to match any offer Ball receives in free agency. The Pelicans acquired Ball last offseason… Source link