Business Week: Raising the Heat at Tesla


The best auto security agency in the country Unveils the largest investigation ever It tapped into Tesla’s assisted-driving technology, which it calls Autopilot, triggered by at least 11 accidents in which Tesla crashed into parked emergency vehicles. The agency is exploring more Two dozen crashes while Autopilot was in usewhich resulted in at least 10 deaths. This feature does not make Teslas autonomous, despite its name. Safety experts say it can encourage distracted driving by giving a false impression of its capabilities.

26 years after Amazon sold its first book, it has surpassed Walmart in overall sales. According to estimates compiled by FactSet, the value of everything sold on Amazon and by third-party sellers exceeded $610 billion in the 12 months to June. Walmart on Tuesday reported sales of $566 billion over a similar period. A pandemic-induced increase in online shopping has accelerated the timeline of what many see as an inevitable turning point. Even so, online sales are still only 14 percent total retail spending

Federal Trade Commission Reopens antitrust lawsuit against Facebook Thursday. The new complaint is more detailed and almost twice as long as the original, but the claim is the same: Facebook has a monopoly over the social networks it tries to maintain through acquisitions. In the past, monopoly power was often measured by the effect on prices. federal judge FTC threw out first Facebook lawsuit In June, emphasizing the difficulty of defining a monopoly when the product is free.

Central bankers gather for their annual meeting in Jackson Hole, Wyo. The Federal Reserve has made important announcements at the event in the past, and many are waiting for Fed chairman Jerome H. Powell to reveal details on how and when the bank plans to terminate it. bond buying programOne of several policies it has created to reduce the economic impact of the pandemic. The minutes of the Fed’s last meeting generally agreed that they would soon meet the standards for slowing bond buying, but they were still debating when exactly they would start the so-called contraction.

UK updates the much-criticized “traffic light” system pandemic travel restrictions. As part of the system, residents traveling to “green list” countries do not need to quarantine upon return, they are required to have coronavirus tests. Those returning from countries on the “amber list”, including the United States, should be tested and isolated for 10 days if they are not fully vaccinated with an approved vaccine. Persons returning from “red list” countries can only enter the UK if they have a right of residence and then must be quarantined for 10 days in a government-approved hotel.

Tokyo is still struggling high level of coronavirus infection and low vaccination rate In preparation for the start of the Paralympic Games on Tuesday. As with the Olympics, spectators will not be allowed at the games.

Retail sales fell in July, but Delta variant not to blame. Facebook bets you’ll want to attend meetings in virtual reality. “Danger!” NS I am looking for a permanent host once again. And Pope Francis has called for act of love


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *