Consumer Tech News (Mar 10-Mar 14): Manus AI Creating Hype, Tesla Eyes Affordable Version Model Y In China & More

The escalating trade tensions between the U.S. and its key trading partners are creating fresh concerns for the automotive industry.

Goldman Sachs analyst warns tariffs pose a significant downside earnings risk for U.S. automakers and industrial tech companies, with potential reductions in vehicle production and rising costs for imported parts.

The U.S. Environmental Protection Agency (EPA) announced on Wednesday that it is starting the process to reverse dozens of Biden administration rules, including vehicle emissions standards.

Earnings

UiPath, Inc. reported fourth-quarter earnings of nine cents per share, which beat the analyst consensus estimate of three cents and revenue of $424 million missed the consensus estimate of $425.36 million.

Technology

SpaceX's Crew-10 astronaut launch for NASA was postponed due to a hydraulics glitch. The Elon Musk-led rocket manufacturing company has rescheduled the mission for Friday, March 14.

Meta won an emergency legal ruling to block the promotion of a memoir written by a former high-ranking employee who claims the company ignored sexual harassment complaints and quietly built censorship tools for China.

Gaming

Smartphones

Apple is preparing for what Mark Gurman described as "one of the most dramatic software overhauls" in the iPhone maker's history, with iOS 19 set to transform the smartphone's interface later in 2025.

On March 11, Nothing will begin shipping its new Phone (3a) series, offering premium features under $500—but with a few trade-offs that budget buyers should consider.

Artificial Intelligence

China’s Manus AI is being hyped as the next big leap in agentic AI—maybe even a “DeepSeek moment”—but early testers say the platform might be more sizzle than substance.

OpenAI CEO Sam Altman spoke candidly at a private Morgan Stanley event, revealing what he believes investors are still underestimating about artificial intelligence.

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.