Carvana executive faces criminal charges in Illinois
In mid-May the Illinois Secretary of State filed several motor vehicle-related charges against Paul Breaux, who is identified on Carvana's investor relations website as the company's general counsel since August 2015......»»
DOJ says Boeing faces criminal charge for violating deal over 737 Max crashes
DOJ determined that Boeing violated 2021 agreement spurred by two fatal crashes. Enlarge / Relatives hold a poster with faces of the victims of Ethiopia flight 302 outside a courthouse in Fort Worth, Texas, on January 26, 2023. (.....»»
Simulating diffusion using "kinosons" and machine learning
Researchers from the University of Illinois Urbana-Champaign have recast diffusion in multicomponent alloys as a sum of individual contributions, called "kinosons." Using machine learning to compute the statistical distribution of the individual cont.....»»
Carvana CEO: ADESA real estate plays key part in our growth plan
Carvana slowed its sales growth in 2022 and 2023 to address profitability, but it's now in a transition period where it is focusing on both, CEO Ernie Garcia said......»»
AT&T paid bribes to get two major pieces of legislation passed, US gov’t says
Payments helped AT&T obtain key legislative wins in Illinois, prosecutors say. Enlarge (credit: Getty Images | AaronP/Bauer-Griffin) The US government has provided more detail on how a former AT&T executive allegedly bri.....»»
BMW names a new CEO for Mini
BMW veteran executive Stefan Richmann succeeds Stephanie Wurst who led Mini for the past two years as it expanded its electric lineup with cars such as the Aceman small crossover......»»
BMW names a new CEO for Mini brand
BMW veteran executive Stefan Richmann succeeds Stephanie Wurst who led Mini for the past two years as it expanded its electric lineup with cars such as the Aceman small crossover......»»
Apple explains why it hasn’t released a touchscreen Mac (yet?)
The first iPad Pro reviews are here, and as we rounded up earlier today, they focus a lot on the new OLED displays, the M4 chip, and the limitations of iPadOS as a platform. In an interview with The Wall Street Journal, Apple marketing executive Tom.....»»
Carvana converting 2nd ADESA auction site into its own inspection, reconditioning center
Online used-vehicle retailer Carvana said it is in the process of converting ADESA Portland. It completed its first such conversion last month, with ADESA Buffalo......»»
Report: Microsoft to face antitrust case over Teams
Unbundling Teams from Office has apparently failed to impress EU regulators. Enlarge (credit: Microsoft) Brussels is set to issue new antitrust charges against Microsoft over concerns that the software giant is undermini.....»»
Parity-time symmetry: Unlocking faster and stronger optical signal processing
In the era of big data, signal processing faces significant challenges in terms of capacity and energy consumption due to the torrent of data to process. With over 90% of data transmitted through light, optical signal processing may offer unprecedent.....»»
Carvana says price gap between used EVs and ICE cars narrows
Online auto retailer Carvana says its average used-EV sale price fell to $31,000 in the first quarter......»»
Hyundai, Kia unit settles U.S. charges it repossessed service members" vehicles
Hyundai's and Kia's American financing arm will pay $334,941 to settle charges it illegally repossessed vehicles belonging to military service members, the U.S. Department of Justice said on Wednesday......»»
CyberSaint releases NIST CSF Benchmarking Feature
CyberSaint released the NIST Cybersecurity Framework (CSF) Benchmarking Feature, which allows CISOs and security teams to measure their NIST posture against industry peers through a historical maturity graph on the CyberStrong Executive Dashboard. Or.....»»
Rivian"s Q1 net loss widens to $1.45B as Illinois plant retools for lower-cost EVs
CEO RJ Scaringe said Rivian had successfully retooled its Normal factory with new robots and new parts suppliers to cut costs and increase line speed. He declined to comment on reported talks with Apple Inc......»»
Tesla Fires Bulk of Supercharger Team in Blow to Other Automakers
The decision to cut the nearly 500-person group, including its senior director, Rebecca Tinucci, was made by Chief Executive Officer Elon Musk. Tesla Inc. eliminated almost its entire Supercharger organization, which has built a vas.....»»
LockBit leader unmasked: US charges Russian national
Russian national Dmitry Khoroshev is “LockBitSupp”, the creator, developer and administator of the infamous LockBit ransomware group, according to UK, US and Australia law enforcement agencies. The US Justice Deparment has unsealed charge.....»»
New Microsoft AI model may challenge GPT-4 and Google Gemini
In project headed by former Inflection chief, MAI-1 may have 500B parameters. Enlarge / Mustafa Suleyman, co-founder and chief executive officer of Inflection AI UK Ltd., during a town hall on day two of the World Economic Forum.....»»
Rivian to report Q1 earnings as EV maker cuts costs, prepares new models
While Rivian announced an $827 million incentive package from the state of Illinois last week, analysts still expect it to burn through billions in cash this year......»»
Boeing faces critical launch ferrying astronauts to the International Space Station
Ferrying astronauts to the International Space Station has almost become routine—but not for Boeing and not on Monday, when after years of delay it's finally set to launch two crew members to the orbiting platform on a critical test flight......»»
Boaters dumping trash in South Florida"s waters? Teens face felony charges
Two teen boaters are facing felony charges for pollution after they were caught on video dumping trash into the Atlantic Ocean during a South Florida boating party......»»