Tesla moves headquarters, Square rebrands as Block

Speaker 1: This is CNA. And here are the stories that matter right now, Tesla has chosen to saddle up and relocate their headquarters from Palo Alto, California to Austin, Texas Tesla's CEO. Elon Musk has openly expressed his complaints regarding the local government's handling of their COVID 19 protocols dating back to March of 2020, the S E filing reports. The headquarters will be located within the company's new gig of factory Texas plant with its completion. [00:00:30] I, in the end of the year square Inc, will be changing their name to simply block. However, the name change will not affect the company's merchant payment processing plan platform also called square in a statement block CEO, Jack Dorsey said the change makes it clear. The company is more than a payment processing service. This news comes amids rival Facebook's recent name, change to meta, and even more recently, Dorsey stepped down as Twitter's CEO. Speaker 1: Earlier [00:01:00] this week, the change the block will legally take effect on December 10th, Qualcomm and razor have partnered to develop a handheld prototype that could potentially rival the Nintendo switch or valve steam deck. The device was developed to show off Qualcomm's G three X chip, a gaming optimized variation of their mobile phone chips. While the technical aspects have not yet been provided, Qualcomm has promised more consistent gaming [00:01:30] performance and higher frame rate compared to their current phone chips. While razor developed the prototype to build excitement surrounding the chip. No consumer version has been announced so far. Stay up to date with the latest by visiting CNET.