Arjen Rao
China’s robot makers chase Tesla to deliver humanoid workers
China is chasing Tesla in the race to build battery-powered humanoids expected to replace human workers building EVs on assembly lines.
blockchain
McDonald’s Instagram Page Hacked In Crypto Scheme, Scammers Claim They Stole $700K
Cryptocurrency hackers made the claim to fame after they broke into fast-food chain McDonald’s official Instagram account. They took advantage of the hack to promote a fake digital currency, running off with $700,000 in stolen money.
Amazon
Ford Changing EV Strategy, Drops All-Electric Three-Row SUV, Division Is On Pace To Lose $5.5B This Year
Automaker Ford announced that it is recalibrating its EV strategy over concerns of not making enough profits, including getting rid of an electric SUV.
Business
Verizon offers free Netflix subscription with NFL+ bundle
Verizon said it will offer 12 months of Netflix Premium plan for free to customers who purchase one year of the NFL’s exclusive premium streaming service.
2016 model year
Tesla issuing new recall for 9,100 Model X SUVs over trim issue
Tesla has issued a recall for about 9,100 Model X sports utility vehicles in the U.S. over a trim on the roof that could separate.
autonomy
Report: 2 Bodies Recovered From Sunken Bayesian Superyacht
Two bodies have been found inside the wreckage of the Bayesian superyacht as divers continue to look for four others who have been confirmed missing since the massive yacht sank off the coast of Italy on Monday.
Angele Bacares
Tech Tycoon Mike Lynch Among Missing After Luxury Superyacht Sinks Off Coast Of Sicily In ‘Violent Storm’
A British tech tycoon is among six people missing after a luxury superyacht sank off the coast of Sicily on Monday.
Apple
GM lays off over 1,000 salaried software, services employees
GM said Monday it is laying off more than 1,000 salaried employees at its software and service units worldwide.
antitrust practices
US judge delays launch of sports streaming venture from Disney, media giants
A U.S. judge temporarily blocked the launch of a new sports streaming service backed by three media giants, Walt Disney, Fox and Warner Bros Discovery.
active safety systems
GM Lays Off Over 1k Software And Services Employees
General Motors is laying off more than 1,000 salaried employees globally in its software and services division following a review to streamline the unit’s operations, according to CNBC.