Truck maker AB Volvo penalized $130 million by NHTSA over delayed recalls
NHTSA says heavy truck manufacturer AB Volvo agreed to a three-year consent order that includes one of the largest-ever penalties for violations under the recall law......»»
Tesla retreats from next-generation ‘gigacasting’ manufacturing process
Tesla has backed away from an ambitious plan for innovations in gigacasting, its pioneering manufacturing process, according to two sources familiar with the matter, in another sign that the electric-vehicle maker is retrenching amid falling sales an.....»»
Q&A: Jobs for young Africans—new data tool reveals trends and red flags
An estimated 23.6 million young Africans (aged 15–35) are unemployed—that's one in 22 (4.5%). With this number projected to grow to 27 million by 2030, the need for jobs is critical. But the key to good policies for job creation is good data......»»
LG TVs become first to support Dolby Atmos natively in Apple Music
LG has become the first TV maker to add native support for Dolby Atmos in the Apple Music app on its TVs. The new feature has arrived through a software update to the Apple Music app on LG TVs, bringing a more immersive surround sound experience to L.....»»
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.....»»
Lithia: Driveway Finance has $2M loss in Q1, still on track for profitability in 2024
Lithia Q1 2024 earnings: Car dealer Lithia Motors Inc.'s developing captive finance company Driveway Finance Corp. lost $2 million during the first quarter, compared with a $21 million loss a year earlier......»»
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......»»
Penske Automotive Q1 net income falls 28%
Penske Automotive Group Inc.'s first-quarter retail automotive service and parts revenue grew 9 percent to a quarterly record of $746 million......»»
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.....»»
FCC fines big three carriers $196M for selling users’ real-time location data
FCC finalizes $196M penalties for location-data sales revealed in 2018. Enlarge (credit: Getty Images | SOPA Images ) The Federal Communications Commission today said it fined T-Mobile, AT&T, and Verizon $196 million "fo.....»»
Legislators too ‘trigger happy" on banning alternative fuels, Volvo Trucks says
As legislators and regulators across the globe pursue fully emissions-free transportation, Volvo Truck's complaint raises questions about whether alternative fuels have a role to play in a green future......»»
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......»»
Hubble spots magnificent barred galaxy NGC 2217
The magnificent central bar of NGC 2217 (also known as AM 0619-271) shines bright in the constellation of Canis Major (The Greater Dog), in this image taken by the NASA/ESA Hubble Space Telescope. Roughly 65 million light-years from Earth, this barre.....»»
Ford BlueCruise driver assist under federal scrutiny following 2 deaths
NHTSA has opened an investigation after two separate fatal crashes at night. Enlarge / BlueCruise allows drivers to take their hands off the wheel but not their eyes off the road. (credit: Ford) The federal regulator res.....»»
Legislators too ‘trigger-happy" on banning alternative fuels, Volvo Trucks says
As legislators and regulators across the globe pursue fully emissions-free transportation, Volvo Truck's complaint raises questions about whether alternative fuels have a role to play in a green future......»»
More than 2 million gazelle still roam the Mongolian steppe
A study published in Oryx sheds light on the status of Mongolian gazelle populations across Mongolia, Russia, and China, revealing both successes and challenges in the conservation efforts of this iconic species.....»»
NHTSA opens preliminary probe into Ford"s hands-free driving tech BlueCruise after 2 crashes
NHTSA said it confirmed BlueCruise was engaged in both vehicles immediately prior to the collisions......»»
Tradition with a Twist at Maker Faire Kyoto
Maker Faire Kyoto returns on April 27 + 28, 2024 with a curated look at Japan's always interesting and eclectic maker community. The post Tradition with a Twist at Maker Faire Kyoto appeared first on Make: DIY Projects and Ideas for Makers......»»
UAW reached tentative pact with Daimler Truck, averting strikes
The United Auto Workers said it reached a tentative agreement with Daimler Truck Holding AG ahead of a contract expiring midnight on April 26 and following a strike threat......»»
Huawei"s smart car tech offers Audi, other automakers route to China sales
Huawei's rapid emergence as a key auto supplier highlights the telecommunications equipment maker's drive for sources of growth after U.S. export controls pursued on national security grounds since 2019 hammered its businesses, especially smartphones.....»»
Apple said to have restarted discussion for OpenAI integration into iOS 18
A report suggests that Apple is still looking across the spectrum of AI providers for iOS 18, with OpenAi again in conversations with the iPhone maker.There's not a lot to Friday's report from Bloomberg that hasn't already been discussed. The key poi.....»»