Recall Raises Questions About Safety of Tesla's Autopilot Technology After issuing a recall this week on 2 million vehicles equipped with its autopilot technology, plaintiffs in lawsuits against Tesla argue the move proves the automaker knew its self-driving technology was dangerous when it was sent to market, according to a new report from Bloomberg. Background: Crashes and Lawsuits Tesla … [Read more...]
Epic Games CEO Expresses Concerns About Google’s Control Over Play Store Competitors
Antitrust Case Ruling Google recently lost an antitrust case against Epic Games, the owner of popular game Fortnite. As a result, a judge will now determine the necessary actions for Google to eliminate its monopoly. However, Tim Sweeney, the CEO of Epic Games, has expressed concerns that Google may continue its business practices unaffected. The Lawsuit and Google's Fees Epic Games filed a … [Read more...]
Elon Musk’s Drug Use Concerns Prompted Tesla Director to Forgo Reelection Bid, WSJ Reports
Concerns Over Elon Musk's Drug Use A former director at Tesla was so concerned about Elon Musk's drug use and unpredictable behavior that she chose not to stand for reelection to the electric car company's board, according to a new report from The Wall Street Journal. Linda Johnson Rice, who served a two-year term on the board ending in 2019, confided in Tesla board members about her … [Read more...]
Bill Ackman and Elon Musk called DEI ‘racist’ but companies need it to succeed, experts say
The DEI Debate: What's Next for Diversity, Equity, and Inclusion? Billionaires and business leaders are engaged in a heated argument over the existence of diversity, equity, and inclusion (DEI) efforts. Investor Bill Ackman and Elon Musk have gone so far as to label these programs as "racist." However, experts argue that DEI is crucial for the success of companies and that these … [Read more...]
Mega-cap Tech Leads US Stocks Higher as Dow Jones Hits Another Record High
Mega-cap Tech Stocks Drive Market Gains Mega-cap tech stocks took the lead in the market on Monday, propelling the Dow Jones to yet another all-time high. Investors are closely monitoring interest rates following the Federal Reserve's recent shift towards a more dovish stance. With hopes of an imminent rate cut, stocks are coming off seven consecutive weeks of gains. Mega-cap Tech Stocks … [Read more...]
Amazon Warehouse Workers Can Write a Financial Hardship Letter to Peccy, the Orange Mascot, for a Chance at Fulfilling Some Wishes
Amazon Workers in Coventry Go on Strike on Black Friday According to a report by The Guardian, workers at an Amazon warehouse in Coventry were informed that they could write a letter to Peccy, the company's orange blob mascot, during the holiday season. The initiative aimed to address financial hardships faced by employees, with a select few having their wishes fulfilled. However, the move … [Read more...]
Anderson Cooper Takes a Swipe at Elon Musk and Mark Zuckerberg
Anderson Cooper's Playful Banter on New Year's Eve Anderson Cooper, the renowned news anchor and CBS News "60 Minutes" correspondent, is known for his serious and authoritative delivery of news. However, on New Year's Eve, viewers get to witness a different side of Cooper. As he joins Andy Cohen in Times Square, the two indulge in some light-hearted banter and a few drinks. … [Read more...]
Investors Tempted by Cheap China Stocks Amid Slump
China's Stock Markets Face a Two-Year Slump China's stock markets have experienced a significant slump since early 2021, resulting in a nearly two-thirds decline in their value. This downturn has attracted the attention of investors who are enticed by the cheap valuations of Chinese shares. Despite the market's decline, there are still considerable challenges in China's economy, … [Read more...]
How AI Could Impact Our Relationships at Work
Artificial intelligence (AI) has the potential to increase productivity and alleviate some of the mundane tasks in the workplace. However, there is a concern that if we rely too heavily on AI, we may forget how to effectively work with our colleagues, according to a CEO interviewed by Business Insider. Threats to Workplace Relationships AI technology is already making us feel lonelier by … [Read more...]
South Korean Students Sue Government for Prematurely Ending College Entrance Exam
Introduction A group of South Korean students is taking legal action against the government after their college entrance exam was prematurely ended by an invigilator. The students, who were candidates for this year's annual college entrance exams, are seeking compensation amounting to approximately $15,000 each for the disruption caused. The Premature Ending of the Exam 39 students have filed … [Read more...]
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