Tesla Suspension Faults Investigated: US Agency Suggests Broader Repairs
August 15, 2024 – The Defect Investigations Office of the National Highway Traffic Safety Administration (NHTSA) has recently concluded its four-year probe into suspension failures in certain Tesla vehicles. This issue, known as the “whompy wheel” problem among Tesla owners, involved hundreds of reported front suspension malfunctions specifically affecting Model S sedans and Model X…
Ex-Twitter Employee Wins $600,000 After Musk’s Layoff Email Ruled Illegal
August 14, 2024 – The Irish labor regulatory body has ruled on Monday that the email sent by Elon Musk to Twitter employees after his acquisition of the company in 2022, demanding they “click to agree” to retain their jobs within 24 hours or be considered as having voluntarily resigned, was illegal. According to the…
Nintendo Switch 2 Release Date Revealed: Not Earlier Than April Next Year
August 14, 2024 – Recent revelations from Chris Dring, the editor of GamesIndustry.biz, have indicated that developers have been informed that Nintendo’s new console will not be released before April 2025. In May of this year, Nintendo confirmed that it would unveil its next-generation console within its fiscal year ending on March 31, 2025. However,…
Mercedes-Benz and BMW Embrace Battery Transparency Following Korean Government Recommendation
August 14, 2024 – Following a severe fire incident earlier this month, the South Korean government held a meeting on Tuesday, urging all automobile manufacturers to voluntarily disclose detailed battery information for their electric vehicles (EVs). This information has traditionally been considered confidential within the industry. The incident, which occurred in Incheon, involved a Mercedes-Benz…
NVIDIA CEO Huang Sells Shares Daily in August, Latest Cash-Out Totals $24.91 Million
August 14, 2024 – According to recent filings with the U.S. Securities and Exchange Commission (SEC), NVIDIA CEO Jen-Hsun Huang sold a total of 240,000 shares of the company’s stock on August 8 and 9, realizing a profit of $24.91 million. Documents reveal that Huang has been consistently selling NVIDIA shares throughout the first week…
Google Takes on Apple: Subtle Jabs at the Competition During Pixel 9 Launch
August 14, 2024 – At its early morning Pixel 9 launch event, Google not only unveiled the new generation of Pixel phones and advanced AI features but also repeatedly took subtle jabs at its competitor, Apple. While it’s not uncommon for technology companies to compare themselves to their rivals during product launches, Google’s frequent “long-distance…
Tesla Cybertruck Undergoes Major Revisions: Price Hikes and Entry-Level Model Disappearance
August 13, 2024 – Tesla’s highly anticipated electric pickup truck, the Cybertruck, has undergone significant revisions, with the company officially removing the entry-level rear-wheel-drive variant scheduled for 2025 delivery and priced at $60,990 from its configurator. This move signals a strategic shift in the product lineup, leaving customers with revised options that reflect a new…
DOE Reveals: Electric Vehicle Battery Costs Have Dropped 90% Over the Past 15 Years
August 13, 2024 – Groundbreaking research conducted by the Vehicle Technologies Office of the U.S. Department of Energy (DOE) has unveiled a staggering 90% reduction in the cost of electric vehicle (EV) batteries between 2008 and 2023, bolstering automakers’ efforts to bridge the price gap between EVs and internal combustion engine (ICE) vehicles. The dimensions,…
AMD Completes Acquisition of Europe’s Largest Private AI Lab, Silo AI, for $665 Million
August 13, 2024 – AMD has officially announced the completion of its acquisition of Silo AI, Europe’s largest private AI lab, in an all-cash deal valued at approximately $665 million. With this move, the scientists and engineers from Silo AI have officially joined the AMD family. AMD’s commitment to the AI sector is evident, and…
SpaceX Faces Allegations of Multiple Wastewater Violations, Polluting Texas Waters this Year: Regulatory Report
August 13, 2024 – SpaceX, the space exploration company owned by Elon Musk, has been accused of violating environmental regulations multiple times this year by illegally discharging pollutants into Texas waters. The Texas Commission on Environmental Quality (TCEQ) issued a notice of violation last week, specifically pointing out serious issues with the water deluge system…