Pedestrian struck, killed by vehicle on PCH in Malibu; lanes closed
A pedestrian was fatally struck by a vehicle on Pacific Coast Highway in Malibu, prompting the shutdown of all lanes at the scene.
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Yahoo NewsOkla. counties in state of emergency after deadly tornadoes; severe thunderstorms head to Texas
Severe thunderstorms are expected in parts of southeastern Texas and the Mississippi Valley.
- Autoblog
2024 Mercedes-AMG CLE 53 First Drive Review: Big-powered coupe tackles volcano
The new AMG CLE 53 replaces both the old C43 and E53 coupes for 2024.
- TechCrunch
Stripe's big changes, Brazil's newest fintech unicorn and the tale of a startup shutdown
Stripe announced that it will be de-coupling payments from the rest of its financial services stack. This is a big change, considering that in the past, even as Stripe grew its list of services, it required businesses to be payments customers in order to use any of the rest. Alongside this, the company is adding in a number of new embedded finance features and a new wave of AI tools.
- TechCrunch
A wrestling match over who should control robotaxis is playing out in California
Cities around the country have long been crying out for more control over how autonomous vehicles are deployed on their streets. In California, they might finally get their wish. The bill, which passed the Senate Transportation Committee this week, is one of several laws that have been introduced in California this year dedicated to putting guardrails on the pioneer technology.
- Yahoo Finance
Tesla Autopilot recall probed by safety regulator following new crashes
Tesla is facing another setback with its Autopilot software, a system that CEO Elon Musk is betting on to power his robotaxi future.
- Yahoo News 360
Should colleges crack down on pro-Palestinian protests?
Universities across the country are taking varying approaches to encampments that have taken root on their campuses, with some allowing them to remain and others calling in police to break them up.
- Engadget
NHTSA concludes Tesla Autopilot investigation after linking the system to 14 deaths
The National Highway Traffic Safety Administration has concluded a lengthy investigation into Tesla’s Autopilot system. It found 13 fatal crashes due to misuse and software that doesn’t prioritize driver attentiveness.
- Yahoo Personal Finance
Someone hit my parked car. What should I do?
Learn what to do if someone hits your parked car, including whose insurance to call and whether to report a parked car accident to the police.
- Autoblog
These are the slowest-selling new cars of 2024
iSeeCars cited value and compelling products as drivers for fast-selling car brands' success, and some are doing much better than others.
- Yahoo Sports
Man who killed Saints' Will Smith sentenced to 25 years in prison
The conviction was the second for Cardell Hayes in the 2016 shooting death of Smith. The first was overturned after a Supreme Court decision rendered it unconstitutional.
- TechCrunch
The FTC's ban on noncompete clauses could be good for startups. But it also might be struck down.
The Federal Trade Commission voted 3-2 to ban the use of most noncompete agreements on Tuesday. This ruling means companies can't require employees who aren't senior executives to wait a set amount of time before joining a competitor or launching their own company in the same category. While the FTC's ruling will impact industries like financial services and hedge funds the most, due to the prevalence of such agreements in those industries, it could also impact startups.
- TechCrunch
Norwest Venture Partners raises $3B for 17th vehicle, maintaining fund size despite market downturn
Jeff Crowe, a senior managing partner, admitted that the investment rate in venture and certain sectors is slower than it was several years ago, but he said that dealmaking in certain strategies, sectors and geographies, such as growth equity, healthcare and India, is as robust as it was before the downturn. "We've kept a very steady pace and have delivered a number of nice exits," Crowe told TechCrunch. Not all exits were great outcomes for the firm (NVP's portfolio company VanMoof filed for bankruptcy protection), but returns from certain exits greatly outweighed the losses, according to Crowe.
- Autoblog
Nissan reveals four sedan and SUV concept cars at Beijing Auto Show
Nissan just debuted four new concept cars at the 2024 Beijing Auto Show, with two being sedans and the other two being SUVs.
- TechCrunch
Watch it and weep (or smile): Synthesia's AI video avatars now feature emotions
Generative AI has captured the public imagination with a leap into creating elaborate, plausibly real text and imagery out of verbal prompts. Now, Synthesia — one of the ambitious AI startups working in video, specifically custom avatars designed for business users to create promotional, training and other enterprise video content — is releasing an update that it hopes will help it leapfrog over some of the challenges in its particular field. Unlike other generative AI players like OpenAI, which has built a two-pronged strategy — raising huge public awareness with consumer tools like ChatGPT while also building out a B2B offering, with its APIs used by independent developers as well as giant enterprises — Synthesia is leaning into the approach that some other prominent AI startups are taking.
- Yahoo Finance
Tesla stock surges as EV maker will 'accelerate' the launch of cheaper cars
Tesla said it would "accelerate" the launch of new models next year, including lower-cost cars, countering reports earlier this month it had scraped those plans.
- TechCrunch
Seed-stage firm Eniac Ventures raises $220M across two funds
Eniac Ventures has closed two funds totaling $220 million, the seed-stage firm shared exclusively with TechCrunch. New York-based Eniac has raised $60 million for Select 1, the firm’s vehicle for follow-on later-stage investments in portfolio companies, and $160 million for Eniac VI. The firm plans to make its first investment “shortly” out of its sixth fund, according to co-founder and general partner Nihal Mehta.
- Yahoo Finance
Stock market today: S&P 500, Nasdaq notch big gains as Tesla kicks off 'Magnificent 7' earnings
The wait for Tesla results is on as investors look to Big Tech earnings to buoy stocks.
- Autoblog
Subaru Legacy discontinued after the 2025 model year
The 2025 Subaru Legacy will arrive at dealerships this spring and start at $24,895. There's no indication that the popular Outback will also be discontinued.
- TechCrunch
Adobe claims its new image-generation model is its best yet
Firefly, Adobe's family of generative AI models, doesn't have the best reputation among creatives. The model, now available in Photoshop (beta) and Adobe's Firefly web app, produces more "realistic" imagery than its predecessors (Image 1 and Image 2), thanks to an ability to understand longer, more complex prompts and scenes as well as improved lighting and text-generation capabilities. It should more accurately render things like typography, iconography, raster images and line art, says Adobe, and is "significantly" more adept at depicting dense crowds and people with "detailed features" and "a variety of moods and expressions."
- Autoblog
Worry less: PHEV battery replacements have been really rare outside of recalls
Recurrent data shows that just one percent of PHEVs needed battery replacements between the 2016 and 2023 model years.