Several Tesla electric vehicles are parked in front of a Tesla service center in the Kearny Mesa region, in San Diego, California, U.S., October 31, 2023. Abhirup Roy | Reuters Marko Sustic has bet big on Tesla this year. The investor, who also happens to work in the European auto industry, bought Tesla shares nearly … Read more
Middlesex guildhall is home of Supreme Court of United Kingdom. David Bank | Moment | Getty Images Artificial intelligence cannot be listed as an inventor on a patent application, the U.K.’s highest court ruled Wednesday, in a decision likely to have a significant impact as AI tools grow in use. The case originated with two … Read more
Several of Apple’s payment features, including Apple Pay, were down for a period of time Wednesday morning, according to Apple’s system status page. Apple Card, Cash, Pay and Wallet outages occurred from 6:15 a.m. to 6:49 a.m. for some users, however the company’s system status page was not updated to reflect the fix until about … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Airbus ended production of its A380 double decker plane in 2021. When the pandemic grounded most of the world’s passenger planes, some thought it was the end of the massive jet. But post-pandemic, the A380 superjumbo is experiencing a comeback. CNBC explores … Read more
Smart farm and Automatic robot mechanical arm harvesting vegetables Vithun Khamsong | Moment | Getty Images Venture capital firms in Southeast Asia expect fundraising to pick up in 2024, but tech firms need to demonstrate “clear” and “viable” paths to profitability. Global macro headwinds such as inflation and high cost of capital have plunged deployment … Read more
The headquarters of the U.S. Securities and Exchange Commission (SEC) is seen in Washington, D.C., May 12, 2021. Andrew Kelly | Reuters Laura Tyler Perryman, co-founder and former CEO of the medical device startup Stimwave Technologies, was charged with allegedly defrauding investors out of $41 million by making “false and misleading” statements about one of … Read more
Nikola founder Trevor Milton was sentenced Monday to four years in prison in connection to defrauding investors of the embattled electric- and hydrogen-powered truck maker. Milton also was fined $1 million and could later be forced to forfeit property as part of his sentence. The punishment was far lower than the 11 years prosecutors had … Read more
Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California, on Sept. 27, 2023. Josh Edelson | AFP | Getty Images Last year at this time, Meta was navigating a crisis of confidence that had pushed its stock price to its lowest since 2016. Sales were … Read more
Apple will pause U.S. sales of two of the latest versions of its Apple Watches due to an intellectual property dispute over their Blood Oxygen feature, the company said. The decision stems from two orders issued by the U.S. International Trade Commission on Oct. 26, which would restrict Apple’s ability to sell products that use … Read more
Adobe and Figma, the cloud-based design tool, will terminate their planned $20 billion merger in light of regulatory hurdles, the companies said Monday. In a statement, the two companies said “there is no clear path to receive necessary regulatory approvals from the European Commission and the UK Competition and Markets Authority.” Adobe shares rose around … Read more
