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Tesla’s big Model 3 bet rides on risky assembly line strategy

Tesla’s big Model 3 bet rides on risky assembly line strategy
Written by Louis Downey on 2017-04-24


Tesla Inc (TSLA.O) Chief Executive Elon Musk took many risks with the technology in his company's cars on the way to surpassing Ford Motor Co's market value. Now Musk is pushing boundaries in the factory that makes them.Most automakers test a new model's production line by building vehicles with relatively cheap, prototype tools designed to be scrapped once they deliver doors that fit, body panels...(Read More)

U.S. Homeland Security probes possible abuse in Twitter summons case

U.S. Homeland Security probes possible abuse in Twitter summons case
Written by Louis Downey on 2017-04-21


SAN FRANCISCO The U.S. Homeland Security Department's inspector general said on Friday he was investigating possible abuse of authority in a case that triggered a lawsuit against the department by Twitter Inc (TWTR.N).Inspector General John Roth described the probe in a letter to Senator Ron Wyden, an Oregon Democrat who had asked for an investigation due to concerns about free speech protections....(Read More)

Netflix shares head for new high after strong subscriber outlook

Netflix shares head for new high after strong subscriber outlook
Written by Louis Downey on 2017-04-18


Netflix Inc made a bullish forecast for subscriber additions by mid-year, a positive sign for its push to expand around the world that sent its shares toward an all-time high.The streaming video company pushed back the next season of its smash-hit "House of Cards," and other programing to the second quarter, meaning it lured in fewer new subscribers in the first quarter than expected, but will likely...(Read More)

Apple receives permit in California to test self-driving cars: DMV

Apple receives permit in California to test self-driving cars: DMV
Written by Louis Downey on 2017-04-15


Apple Inc (AAPL.O) has secured a permit to test autonomous vehicles in California, fuelling speculation that it is working on self-driving car technology in a crowded arena of companies hoping to offer those cars to the masses.The permit allows it to conduct test drives in three vehicles with six drivers, the state Department of Motor Vehicles said on Friday. The vehicles are all 2015 Lexus RX450h,...(Read More)

Toyota robot to keep elderly mobile, one step at a time

Toyota robot to keep elderly mobile, one step at a time
Written by Louis Downey on 2017-04-12


TOKYO Toyota Motor Corp said it will commercialize rehabilitation robots later this year when it makes its robotic walk assist system available for rent, joining Honda Motor Co in marketing mobility devices for Japan's ageing population. A decade after it began developing rehabilitation robots, the world's No.2 automaker on Wednesday said the system would be ready to hit the market by the end...(Read More)

Computer hack sets off 156 emergency sirens across Dallas

Computer hack sets off 156 emergency sirens across Dallas
Written by Louis Downey on 2017-04-09


A computer hack set off all the emergency sirens in Dallas for about 90 minutes overnight in one of the largest known breaches of a siren warning system, officials in the Texas city said on Saturday.Dallas' 156 sirens, normally used to warn of tornadoes and other dangerous weather, were triggered at 11:42 p.m. CDT on Friday. The wailing did not end until 1:17 a.m. CDT on Saturday when engineers manually...(Read More)

Australian regulator sues Apple alleging iPhone

Australian regulator sues Apple alleging iPhone 'bricking'
Written by Louis Downey on 2017-04-06


SYDNEY Australia's consumer watchdog has sued Apple Inc (AAPL.O) alleging it used a software update to disable iPhones which had cracked screens fixed by third parties.The U.S. technology giant "bricked" - or disabled with a software update - hundreds of smartphones and tablet devices, and then refused to unlock them on the grounds that customers had had the devices serviced by non-Apple repairers,...(Read More)

Imagination Tech shares plunge as Apple abandons British firm

Imagination Tech shares plunge as Apple abandons British firm
Written by Louis Downey on 2017-04-03


LONDON Apple (AAPL.O) has given Imagination Tech (IMG.L) notice that it will stop using its graphics technology in the iPhone and other products in up to two years' time, dealing a major blow to the British company, which could lose half of its revenue.Shares in Imagination, in which Apple holds an 8 percent stake, plunged by 65 percent.Imagination said Apple, its biggest customer, was developing...(Read More)

Waymo-Uber judge says may grant injunction if key witness doesn

Waymo-Uber judge says may grant injunction if key witness doesn't testify
Written by Louis Downey on 2017-03-31


SAN FRANCISCO The U.S. judge overseeing a blockbuster case over self-driving car technology suggested Uber could face an injunction if a key Uber executive does not testify for fear of exposing himself to criminal prosecution, according to a transcript seen by Reuters.Waymo, the self-driving car unit of Alphabet Inc (GOOGL.O), sued ride services company Uber Technologies Inc [UBER.UL] last month,...(Read More)





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