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Meta to restrict content for teens on Facebook, Instagram
Fox Business· 2024-01-09 20:10
Meta Platforms announced Tuesday it will soon begin hiding "age-inappropriate" content for teen users on Facebook and Instagram, adding new restrictions aimed at bolstering protections for youth. The company detailed the new policies in a blog post, saying it will start removing content from teens' feeds on sensitive topics like self-harm, suicide and eating disorders, and that the changes will be complete across Facebook and Instagram within months. Accounts for users under age 18 on the platforms will als ...
Latest 737 MAX incident creates more headaches for Boeing
Fox Business· 2024-01-09 12:35
The incident involving a Boeing 737 MAX 9 that had its plug door blow off in midair over the weekend is the latest involving the 737 MAX, which plays a critical role for the company but has been hit by a number of setbacks since it was introduced as the successor to the 737 Next Generation six and a half years ago. The latest incident saw a plug door panel, which covers an extra emergency exit that is only operable on planes with the maximum capacity, blow off an Alaska Airlines flight that was at 16,000 fe ...
Nvidia expands its reach in China's EV sector
Fox Business· 2024-01-08 22:11
Nvidia said four Chinese electric vehicle brands will use its technology as the brains for automated driving systems, underscoring the U.S. chip maker's determination to expand in China despite Washington's tighter export rules. Chinese automakers Li Auto, Great Wall Motor, Zeekr and the new EV unit of Chinese telecommunications company Xiaomi will use Nvidia's DRIVE technology to power automated driving, Nvidia said on Monday at the CES technology conference in Las Vegas.NVIDIA REVENUE SOARS DUE TO AI, BUT ...
Alaska, United cancel flights for Boeing 737 MAX 9 inspections
Fox Business· 2024-01-08 00:00
Alaska Airlines and United Airlines have canceled hundreds of flights this weekend that were scheduled to be flown using the Boeing 737 MAX 9, which has been grounded for inspections after a panel blew off the fuselage of a flight from Portland, Oregon, on Friday and caused a cabin depressurization. Alaska and United are the two main U.S. air carriers that operate the Boeing 737 MAX 9, one of which lost a door plug panel on an Alaska flight at about 16,000 feet of altitude after taking off from Portland on ...
GM's robotaxi unit Cruise offers money to settle California crash probe
Fox Business· 2024-01-07 22:20
General Motors’ robotaxi unit Cruise on Friday offered to pay $75,000 and step up its reporting of collisions and other incidents to resolve a California regulator’s probe into the company’s failure to disclose details of a pedestrian crash involving a self-driving car. Last month, the California Public Utilities Commission (CPUC) ordered Cruise to appear at a Feb. 6 hearing, citing it for misleading the commission "through omission" about the extent and seriousness of the accident and "for misleading publi ...
What to know about the Boeing 737 MAX 9 panel that blew off in mid-air
Fox Business· 2024-01-07 21:07
Federal aviation regulators have grounded certain Boeing 737 MAX 9 jets for further inspection after a piece of fuselage tore off the left side of an Alaska Airlines-operated aircraft on Friday, causing the airliner to make an emergency landing after the cabin depressurized. After Alaska Air Flight 1282 took off from Portland, Oregon, en route to Ontario, California, it was at about 16,000 feet of altitude and climbing when it experienced rapid depressurization after a panel that serves as a plug for an eme ...
Ford US new vehicle sales climb 7.1%, highest since 2020
Fox Business· 2024-01-04 18:20
Ford on Thursday said that it sold almost two million vehicles in the U.S. in 2023, its best number since 2020. That sales figure marked a 7.1% increase from 2022, when the automaker posted 1.86 million in U.S. sales.Ford touted the sales performance of its F-Series trucks, which saw a year-over-year jump of 15% in 2023. Annual U.S. sales of the trucks hit nearly 750,800, according to the automaker. The F-Series recently celebrated its 47th year in a row as America’s best-selling truck, in addition to its 4 ...
Chinese company poised to overtake Tesla as biggest EV maker on path to global leadership: report
Fox Business· 2024-01-03 15:01
Chinese electric car company BYD may overtake Tesla as the world’s biggest electric vehicle maker after it surpassed Tesla’s fourth-quarter production.  Tesla produced around 484,000 units in the final quarter of 2023 – an increase of 19.5% from the same period last year – but BYD sold more than 526,000 vehicles in the same quarter. The sales account for pure EV units. When accounting for plug-in hybrids, BYD has already surpassed Tesla, Axios reported. Tesla announced sales of 1.84 million pure EV cars, wh ...
Ex-Home Depot CEO reveals why more retail stores will be locking up their items in 2024
Fox Business· 2024-01-03 15:00
Throughout 2023, brick-and-mortar stores went to war with retail theft. According to the National Retail Federation (NRF), organized crime is a $100 billion problem, with cities like San Francisco, Houston, New York City and Seattle bearing the brunt of losses. But heading into the new year, former Home Depot and Chrysler CEO Bob Nardelli warned big-box retail chains and small businesses are likely to see more items stolen off shelves in 2024, and as a result, continue locking products up."Unfortunately, I ...
Tesla beats the odds with year-end deliveries push
Fox Business· 2024-01-02 12:05
Tesla beat estimates for fourth-quarter deliveries on Tuesday, according to its production and deliveries report for 2023.  Elon Musk's electric vehicle company delivered a record 484,507 vehicles between October and December and hit its 2023 target of 1.8 million, supported by federal tax credits included in the Inflation Reduction Act (IRA). Tesla had pushed to hand over more Model 3 electric cars before the tax incentives on some variants of the compact sedan expired in the New Year. Ticker Security Last ...