Category Archives: (KFGO The Mighty 790) Technology
GM’s Cruise to focus on cost cuts as it ramps up robotaxis
By Abhirup Roy SAN FRANCISCO (Reuters) - General Motors Co's robotaxi unit Cruise is focusing on cutting costs this year, a top executive said on Monday, as mounting losses in the autonomous vehicle c...
Mar 06, 2023
Meta must face trial over AI trade secrets, judge says
By Blake Brittain (Reuters) - Meta Platforms Inc lost a bid on Monday to end a lawsuit in Boston federal court claiming it stole confidential information from artificial-intelligence startup Neural Ma...
Mar 06, 2023
Rivian plans to sell $1.3 billion in bonds to shore up capital, shares fall
SAN FRANCISCO (Reuters) - Rivian Automotive plans to sell bonds worth $1.3 billion, it said on Monday, as weakening demand and lofty costs tighten a cash crunch around electrical vehicle makers. Share...
Mar 06, 2023
Twitter’s lead EU regulator concerned over blue tick roll-out
By Conor Humphries DUBLIN (Reuters) - Twitter's lead European Union privacy regulator said on Tuesday she was concerned that the Elon Musk-owned U.S. firm had launched its Twitter Blue subscription se...
Mar 06, 2023
New EU-US data pact may come too late for Facebook -regulator
By Conor Humphries DUBLIN (Reuters) - A new pact to facilitate the safe transfer of EU citizens' personal data to the United States might not come into force in time to avoid a suspension of Facebook'...
Mar 06, 2023
Push to give Biden new powers to ban TikTok moves ahead in Congress
By David Shepardson WASHINGTON (Reuters) - Two U.S. senators said on Monday their efforts to tackle foreign technology threats were advancing and they will on Tuesday unveil legislation aimed at grant...
Mar 06, 2023
Meta to continue releasing AI tools despite leak claims
(Reuters) - Meta Platforms Inc on Monday said it will continue to release its artificial intelligence tools to approved researchers despite claims on online message boards that its latest large langua...
Mar 06, 2023
Tesla could begin producing autos in Mexico next year -Mexican official
MEXICO CITY (Reuters) - Tesla Inc could begin producing its first cars in Mexico next year, with the electric vehicle maker close to receiving its final permits allowing factory construction to begin ...
Mar 06, 2023
Embark shares tank as autonomous trucking firm mulls ‘shutting down completely’
(Reuters) - Shares of Embark Technology Inc lost nearly a third of their value on Monday after the self-driving truck company announced it would lay off 70% of its employees and start evaluating optio...
Mar 06, 2023
Bankrupt FTX affiliate Alameda sues Grayscale
(Reuters) - FTX said on Monday its affiliate Alameda Research had sued asset manager Grayscale Investments for imposing a "redemption ban" that "could realize over a quarter billion dollars" of asset ...
Mar 06, 2023
