In today's Tech Bytes, the value of X
has reportedly plunged according to Axios.
Fidelity estimates the platform is
worth 71% less than when Elon Musk bought it
15 months ago for $44 billion.
Musk changed the name from Twitter,
fired thousands of employees, and clashed with advertisers.
Next, Meta is dropping the price of its Oculus Quest
2 virtual reality headset.
It's been on sale for $250 for the last two months.
Now the company is making that sale price permanent.
And Chinese electric vehicle maker BYD says it produced 3
million new vehicles last year.
That puts the company on track to outdo Tesla's production
for a second straight year.
As of the third quarter, Elon Musk's company
was on pace to produce fewer than 2
million electric vehicles.
Did you hear the one about the electric car
that finished the race early?
Yeah, it turns out it was a short circuit.
Those are your Tech Bytes.
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