Microsoft is opening a new AI division in London, which is home to Google's DeepMind.The new hub sets the stage for a heated talent war between the two companies.Google has been trying to stop bleeding talent. It may now have to try harder. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicki ...

Tesla is set to go to trial Tuesday over a wrongful death lawsuit regarding a fatal crash in 2018.A deposition from a Tesla engineer obtained by WaPo reveals how Tesla's autopilot works.The engineer testified under oath that the autopilot follows "clearly marked lane lines," per WaPo. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you' ...

A Southwest Airlines flight returned to Denver after an engine cover ripped off mid-flight.The plane is a Boeing model that has had other malfunctions recently, prompting FAA inspections.Southwest's maintenance team is reviewing the aircraft while the FAA investigates. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. ...

Tech giants have been scrambling to find new data sources to train their AI systems.Meta considered several ways to harvest data, including buying Simon & Schuster, the Times reported.It also considered dealing with lawsuits instead of negotiating licensing deals, the Times wrote. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're o ...

If Apple was hoping that 2024 would start smoothly, it was very much out of luck.The company has struggled in China, been slapped with a massive fine, and is facing a lawsuit.Most recently, the tech giant cut over 600 staff after abandoning two significant projects. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Em ...

Instagram generated $32.4 billion in ad revenue in 2021, making up 27% of Meta's total revenue.Instagram's ad revenue was higher than Google's YouTube, which generated $28.8 billion.Meta revealed Instagram's revenue figures in a court filing, showing rapid growth since its acquisition in 2012. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed w ...

Elon Musk said Tesla will reveal its long-awaited robotaxi in August.Advertisement "Tesla Robotaxi unveil on 8/8," he said on X, formerly known as Twitter, on Friday afternoon.An autonomous ride-hailing vehicle has been a linchpin of Tesla's valuation in recent years, as Musk pursues self-driving features to increase the value of the company's cars through software.This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? . In past interv ...

Former Tesla factory workers filed a proposed class action lawsuit in California on Thursday.Two former workers allege Tesla violated labor laws under California law, Reuters reported.Tesla is also facing a racial discrimination lawsuit and a wrongful death suit. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email ...

Tesla is being sued by the family of an Apple engineer who died in 2018 after his Model X crashed.The family accused Tesla's Autopilot feature of being "defective" and the cause of the collision.Tesla plans to argue that the Apple engineer was distracted on his phone as the case goes to trial. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed w ...

Elon Musk denied a Reuters report that Tesla is scrapping plans for a $25,000 car.The inexpensive model has been an important part of Tesla's plans for several years.Tesla shares were down about 3% Friday morning. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up”, you accept ou ...