(Reuters) -Tesla halted some production lines due to the global IT outage, Business Insider reported on Friday, citing sources familiar with the matter. The automaker sent some production employees home early during the night shift at its Austin, Texas and Sparks, Nevada facilities, the report added. The tech outage crippled industries from travel to finance […]
Meta chief Zuckerberg won’t endorse Trump or Biden in elections, Bloomberg News reports
(Reuters) -Meta Platforms CEO Mark Zuckerberg has declined to endorse either Donald Trump or Joe Biden and said he does not plan to be involved in the upcoming U.S. presidential election in any way, Bloomberg News reported on Friday. In an interview with the publication on Thursday, the tech executive said former President Trump’s immediate […]
Exclusive-Chrysler-parent Stellantis paid $190.7 million in US fuel economy penalties
By David Shepardson (Reuters) -Chrysler parent Stellantis paid $190.7 million in civil penalties for failing to meet U.S. fuel economy requirements for 2019 and 2020, and owes another $459.7 million in outstanding penalties, government documents seen by Reuters show. The penalties, paid in March and May, were disclosed by the National Highway Traffic Safety Administration […]
Oracle reaches $115 million consumer privacy settlement
By Jonathan Stempel (Reuters) – Oracle agreed to pay $115 million to settle a lawsuit accusing the database software and cloud computing company of invading people’s privacy by collecting their personal information and selling it to third parties. A preliminary settlement of the proposed class action was filed on Thursday night in San Francisco federal […]
Apple in talks to license more Hollywood films, Bloomberg News reports
(Reuters) – Apple is in talks to license more films from Hollywood studios to boost its portfolio on Apple TV+ streaming service, Bloomberg News reported on Thursday, citing people familiar with the matter. Streaming platforms have been looking to grow their library of offerings, including spending millions on licensing for movies and live sports programming, […]
Google brings AI to US broadcast of Paris Olympics
By Sheila Dang (Reuters) – Alphabet’s Google will infuse artificial intelligence into the U.S. broadcast of the Paris Olympics, allowing sports commentators to use AI to explain competitions, the tech company said on Thursday alongside NBCUniversal and the U.S. Olympic and Paralympic Committee. Google will be named the official search AI partner of Team USA, […]
Trump-style ear bandages are new trend at Republican National Convention
MILWAUKEE (Reuters) – At the Republican National Convention in Milwaukee this week, a fashion trend with a difference has emerged — fake ear bandages, donned by attendees as a symbolic gesture of support for Donald Trump. Trump has appeared at the convention wearing a large bandage where a would-be assassin’s bullet grazed his right ear […]
Exclusive-Collaboration software maker Smartsheet fields buyout interest, sources say
By Milana Vinn and Anirban Sen (Reuters) – Smartsheet, a U.S. maker of workplace collaboration software with a market value of $6.3 billion, has tapped investment bankers after attracting acquisition interest from buyout firms, according to people familiar with the matter. The Bellevue, Washington-based company is working with Qatalyst Partners to review approaches from private […]
New British government proposes planning overhaul to boost growth
LONDON (Reuters) – The new British government on Wednesday said that the delivery process for critical infrastructure would be streamlined and more power given to local leaders under a proposed planning overhaul aimed at unlocking growth. New Prime Minister Keir Starmer has made boosting Britain’s anaemic growth one of the government’s core aims since winning […]
US online sales hit $7.2 billion on first day of Amazon Prime Day event, Adobe says
(Reuters) – Shoppers spent about $7.2 billion online across retailers during the first day of Amazon’s Prime Day in the United States, according to a report from Adobe Analytics on Wednesday. Major retailers including Walmart and Target have launched deals and shopping events through July to attract customers by offering deep discounts to compete with […]