Tesla's secret hands-free feature, known as "Elon mode," has raised concerns from federal regulators, who have ordered the company to provide data on its driver assistance and monitoring systems, as the feature allows users to use autopilot without keeping their hands on the steering wheel.
Alibaba CEO Daniel Zhang is stepping down as CEO and chairman to focus on the cloud intelligence business, with co-founder Wu taking over as CEO and Joseph Tsai becoming chairman as of September 10th.
Grimes was reportedly upset to learn about Elon Musk's twins with Shivon Zilis at the same time as the public, according to a biography on Musk by Walter Isaacson, which also revealed that Grimes and Musk had a third child named Techno Mechanicus.
The FDA has warned consumers to stop using two eye drop products, "Dr. Berne's MSM Drops 5% Solution" and "LightEyez MSM Eye Drops – Eye Repair," due to potential bacterial or fungal contamination, which could result in serious health risks including vision- and life-threatening infections, in connection with an outbreak that has caused 4 deaths across 18 states and numerous infections.
Maui County in Hawaii has filed a lawsuit against Hawaiian Electric Co., claiming that the company's failure to shut off power despite warnings of potential fires caused the destructive wildfires that destroyed Lahaina. The county seeks damages and compensation for the destruction of public property and infrastructure.
The FDA has issued a voluntary recall on certain eye drop brands, including Dr. Berne's products, due to fungal and bacterial contamination, which could potentially result in serious vision-threatening infections.
China's property developer, Country Garden, has reported a record loss and warned of potential debt default, contributing to concerns about the recovery of the country's economy.
Instacart is aiming to go public at a valuation between $8.6 billion and $9.3 billion, marking a significant change from its previous valuation, as it looks to reignite the IPO market.
Apple's recent stock decline due to Chinese government restrictions on iPhones and foreign-branded devices represents a buying opportunity, as China's past restrictions have not significantly impacted sales and Apple's attractive valuation and strong prospects suggest a rebound.
Millions of dollars were invested in India's Adani Group through opaque Mauritius funds that obscured the involvement of alleged business partners, leading to a drop in stocks and renewed scrutiny by regulators and investigative journalists.
A recent discovery of a massive lithium deposit along the Nevada-Oregon border could have significant implications for the electric vehicle industry, potentially changing the dynamics of lithium globally in terms of price, supply security, and geopolitics.
An Air China flight was evacuated in Singapore after one of the engines caught fire, resulting in a three-hour closure of Changi Airport; all passengers and crew members safely evacuated with minor injuries.
France is spending $216 million to destroy surplus wine due to increasing production costs, declining consumption, and economic factors, such as the pandemic, war, and climate change.
Circle K is offering 30 cents off per gallon of gas and half off on food and drinks at over 5,000 participating locations across the US as part of Circle K Day.
The landmark antitrust trial against Google marks a broader reconsideration of the notion that the internet is inherently open and self-regulating, as regulators seek to prevent dominant technology companies from stifling innovation in emerging fields such as artificial intelligence.
Elon Musk and Bill Gates had a negative exchange after Gates shorted Tesla stock, with Musk pointing out that he couldn't take Gates' philanthropy on climate change seriously when he had a massive short position against Tesla, according to an excerpt from Walter Isaacson's upcoming biography of Musk.
Workers at a major Tokyo department store went on strike after talks with management over the planned sale of their company broke down, marking the first major walk-out the country has seen in decades.
Chinese office workers are concerned that their employers may ban iPhones following a growing trend of state enterprises and companies ordering staff to stop using Apple devices.
BMW will invest £600m ($750m) in its UK plants to transition its Mini brand to all-electric by 2030, with the Mini Cooper 3-door and Mini Aceman crossover set to be produced as electric models from 2026 onwards.
AMC Entertainment completes a 10:1 reverse stock split ahead of converting preferred equity units into common shares, in an effort to strengthen its balance sheet and avoid bankruptcy.
The European Central Bank (ECB) will maintain high interest rates for as long as necessary to combat persistent inflation, according to ECB President Christine Lagarde, amid efforts to manage a stagnating economy; however, the ECB is also considering longer-term economic changes that may contribute to sustained inflation pressures.
UBS posts a second-quarter profit of $28.88 billion, surpassing analysts' expectations, following its takeover of Credit Suisse.
Tesla's Dojo supercomputer could boost the automaker's market value by nearly $600 billion by expanding the adoption of robotaxis and its software services, according to analysts at Morgan Stanley.
An ancient supervolcano on the Nevada-Oregon border may house the world's largest lithium deposit, but plans to mine the precious metal are controversial due to environmental and cultural concerns.
CNN has appointed former BBC and New York Times executive Mark Thompson as its new CEO in an effort to revive the struggling news organization.
World stock prices were mostly higher as investors awaited updates on U.S. inflation and China's economic data, while oil prices remained mixed amid concerns of ongoing inflation.
A missing dog, named Maia, belonging to a Delta passenger has been found at the Atlanta airport after three weeks, during which the owner was unable to bring the pet with her due to denied entry into the US.
Crypto's biggest memecoin, PEPE, experienced a major setback when 16 trillion tokens worth $16 million were sold by rogue team members, causing a 26% drop in market capitalization, but the remaining founder vows to continue and decentralize the project.
Chinese tech firms Baidu, SenseTime, Baichuan, and Zhipu AI have launched their AI chatbots to the public after receiving government approval, signaling China's push to expand the use of AI products and compete with the United States.
Chinese EV battery maker Gotion has chosen Illinois as the location for its new $2 billion EV lithium battery plant in the United States, countering the overall decline in Chinese investments in the US amid geopolitical tensions between the two countries.
Elon Musk confirms the birth of his third child, Tau Techno Mechanicus, with former partner Grimes, adding to their unique sibling names X Æ A-Xii and Exa Dark Sideræl Musk.
Chinese developer Country Garden reported a $6.7 billion loss for the first half of the year, raising concerns of a potential default and adding to the turmoil in China's property sector.
J.M. Smucker is nearing a deal to acquire Hostess Brands, the owner of Twinkies snack cakes, for approximately $5 billion, excluding debt.
A Swiss Airlines flight bound for Bilbao, Spain, left without its passengers' bags due to a shortage of ground staff, leaving passengers waiting for two hours before being informed their bags were not on the plane.
Dollar Tree has agreed to a settlement with OSHA, resulting in over $1 million in fines and work safety-related requirements, as the company aims to enhance workplace safety.
Health insurer Cigna Group plans to eliminate the use of prior authorization for 25% of medical services, aiming to reduce administrative burden for clinicians and provide easier access to insurance coverage.
Zoom CEO Eric Yuan wants employees to return to in-person work because he believes remote work makes them too "friendly" and unable to build trust, according to leaked audio obtained by Insider.
Shares of mortgage lender Better.com plummeted by as much as 95 percent on its first day of trading after losing $1 billion in just over two years and facing controversy surrounding CEO Vishal Garg's past firing of 900 employees over a Zoom call.
Nvidia's stock is reaching all-time highs, but one analyst argues it is still cheap, as it trades at a modest premium compared to other AI-related stocks and has a lower multiple than industry stalwarts like Amazon, Adobe, and Microsoft.
Meta is developing a new, more powerful and open-source AI model to rival OpenAI and plans to train it on their own infrastructure.
MGM Resorts International could be losing millions of dollars in daily revenue and cash flow due to a cyberattack, with estimates ranging from $4.2 million to $8.4 million in revenue and $1 million in cash flow per day.
Mercedes has unveiled concept vehicles at the IAA Mobility auto show in Munich, featuring a range of over 466 miles on a single charge, surpassing Tesla models, while BMW revealed an electric vehicle with improved range and faster charging.
Gold prices rose on Monday, reaching their highest level in nearly two weeks, as the dollar weakened ahead of the U.S. inflation data, which could impact the Federal Reserve's interest rate decision.
The Biden administration is imposing export restrictions on Nvidia's AI computer chips to certain Middle Eastern countries due to concerns that the advanced technology may aid adversaries like China.
Tesla's stock is rising after an optimistic report from Morgan Stanley about Tesla's Dojo supercomputer, which could add about $500 billion in value to the company and potentially become a direct revenue generator.
Vietnam Airlines is set to purchase 50 Boeing 737 MAX aircraft worth $10 billion, which is expected to be signed during President Joe Biden's visit to Vietnam; this move is politically motivated and would replace their current fleet of Airbus A321s.
Cleveland Federal Reserve Bank President Loretta Mester believes that beating inflation will require one more interest-rate hike and then a temporary pause, stating that rate cuts may not begin in late 2024 as previously thought.
Labor Day is a great time to find discounts on office gear, including Steelcase office chairs, Apple AirPods, Sony headphones, Lenovo laptops, LG OLED TVs, and more.
FuelCell Energy reported a smaller loss than expected but experienced a 41% decline in revenue as module sales dropped.