Elon Musk proposes Tesla move to Texas after Delaware judge voids $56 billion pay
Musk is sick of Delaware judges, says shareholders will vote on move to Texas. Enlarge / Tesla CEO Elon Musk speaks at Tesla's "Cyber Rodeo" on April 7, 2022, in Austin, Texas. (credit: Getty Images | AFP/Suzanne Cordeiro).....»»
Continental Auto Group founder Bryan Hardeman arrested on more arson charges
Bryan Hardeman, founder of Continental Automotive Group, was arrested for the second time in two months in connection with multiple suspected arson fires in Austin, Texas......»»
Health care giant comes clean about recent hack and paid ransom
Ransomware attack on the $371 billion company hamstrung US prescription market. Enlarge (credit: Getty Images) Change Healthcare, the health care services provider that recently experienced a ransomware attack that hamst.....»»
DEA to reclassify marijuana as a lower-risk drug, reports say
Marijuana to move from Schedule 1, the most dangerous drug group, to Schedule 3. Enlarge / Medical marijuana growing in a facility in Canada. (credit: Getty | Richard Lautens) The US Drug Enforcement Administration is pr.....»»
G7 to phase out coal-fired power plants by mid-2030s
G7 ministers agreed a timeframe Tuesday for phasing out coal-fired power plants, setting as a goal the mid-2030s, in a move hailed as significant by some environmentalists but slammed as "too late" by others......»»
Why Honda chose Canada for its $11 billion EV hub
Taking advantage of production subsidies offered by the U.S. may have put the company ahead financially, but Canada’s tax credits came with no uncertainty......»»
AI hardware is like trying to invent the iPod after the iPhone
For some reason which utterly eludes me, 2024 seems to be the year of AI hardware. We’ve had the Humane AI Pin, the Rabbit R1, and even former Apple design chief Jony Ive reportedly seeking a billion-dollar bet for his own attempt. Reviews of Hu.....»»
Island raises $175 million at $3 billion valuation
Island announced its $175 million Series D financing. The new funding round brings Island’s valuation to $3 billion, doubling the last valuation from less than a year ago. The round was led by new investor Coatue and existing investor Sequoia Capit.....»»
Tesla to lay off everyone working on Superchargers, new vehicles
Tesla is also getting rid of its public policy team, despite robotaxi ambitions. Enlarge / Tesla is laying off around 500 staff who have worked on its Supercharger network, plus its new vehicle development team and its public pol.....»»
Elon Musk dismisses 2 Tesla senior executives, and their staffs, in fresh job cuts, report says
Rebecca Tinucci, senior director of the electric vehicle maker's Supercharger business, and Daniel Ho, head of the new vehicles program, are said to will leave the company immediately......»»
Triangulation fraud: The costly scam hitting online retailers
In this Help Net Security interview, Mike Lemberger, Visa’s SVP, Chief Risk Officer, North America, discusses the severe financial losses resulting from triangulation fraud, estimating monthly losses to range from $660 million to $1 billion among m.....»»
Cats suffer H5N1 brain infections, blindness, death after drinking raw milk
Mammal-to-mammal transmission raises new concerns about the virus's ability to spread. Enlarge / Farm cats drinking from a trough of milk from cows that were just milked. (credit: Getty | ) On March 16, cows on a Texas d.....»»
Plastic pollution talks move closer to world-first pact
A fourth and penultimate round of UN-led negotiations to solve global plastic pollution wrapped up in Ottawa early on Tuesday with a world-first pact said to be within reach by year's end but without a cap on the production of polymers......»»
Too many vehicles, slow reactions and reckless merging: New math model explains how traffic and bacteria move
What do the flow of cars on a highway and the movement of bacteria towards a food source have in common? In both cases, annoying traffic jams can form. Especially for cars, we might want to understand how to avoid them, but perhaps we've never though.....»»
Asbury Automotive says 10 dealerships are up for sale
Asbury Automotive Group said it entered Q2 with $243 million in assets for sale — including 10 dealerships — after selling a Jim Koons Lexus site in Delaware to MileOne Autogroup in March......»»
Elon Musk loses at Supreme Court in case over “funding secured” tweets
Musk can't kill SEC settlement that requires pre-approval of tweets about Tesla. Enlarge / Elon Musk speaks at the Satellite Conference and Exhibition on March 9, 2020 in Washington, DC. (credit: Getty Images | Win McNamee ).....»»
Elon Musk loses appeal bid for "funding secured" case at U.S. Supeme Court
The justices turned away Musk's appeal of a lower court's decision upholding the 2018 settlement reached after he said on social media that he had "funding secured" to take Tesla private......»»
Why Tesla"s Full Self-Driving rollout in China matters
Enabling FSD in China would provide a buffer to Tesla's declining EV sales and allow the automaker to better compete with local rivals in the world's largest auto market where driver assistance and other connected car features are prized......»»
Tesla clears key self-driving hurdles after Musk"s trip to China, report says
Tesla will partner with Baidu for mapping and navigation functions to deploy what it calls Full-Self Driving, according to people familiar with the matter......»»
Elon Musk lands in China as Tesla seeks self-driving tech rollout; GM"s Mary Barra visited Beijing Friday
Tesla's CEO has said Tesla may make Full Self-Driving technology available to customers in China "very soon." GM CEO Mary Barra was seen at the Beijing auto show on Friday, reports say......»»
Gurman: New iPad Pro may actually be powered by the M4 chip, touting AI features
In a surprise move, Bloomberg’s Mark Gurman reports today in his Power On newsletter that the upcoming iPad Pro may actually be powered by the M4 chip, skipping the M3 altogether. The company would tout the AI capabilities of the new iPad range.....»»