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Musk says Tesla shareholders voting for his pay package by 'wide margins'
TechXplore· 2024-06-13 08:20
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Tech billionaire Elon Musk is encouraging shareholders in electric automaker Tesla to vote in favor of a plan that includes a massive pay package for the company's founder and chief executive. Tesla CEO Elon Musk said late Wednesday that the electric vehicle company's shareholders were voting to approve his multibillion-dollar p ...
Amazon is tinkering with grocery business: Some are unsure it's working
TechXplore· 2024-06-12 14:39
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain When Amazon introduced its cashierless checkout system—aptly called Just Walk Out—the tech was seen as the latest prong in Amazon's mission to transform brick-and-mortar stores and become a dominant competitor in the grocery industry. Roughly seven years later, Amazon is taking that technolog ...
Amazon adds $1.4 billion to affordable housing fund for regions where it has corporate offices
TechXplore· 2024-06-12 09:00
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain Amazon is adding $1.4 billion to a fund it established three years ago for preserving or building more affordable housing in regions where the company has major corporate offices, CEO Andy Jassy announced Tuesday. The Seattle-based company said the new sum would go on top of the $2.2 billion ...
Thousands of drivers file arbitration claims against Amazon for unpaid wages and other losses
TechXplore· 2024-06-11 19:58
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Amazon Prime Now bags are loaded for delivery outside a Whole Foods store on Feb. 8, 2018, in Cincinnati. Thousands of delivery drivers filed legal claims against Amazon on Tuesday, June 11, 2024, alleging the company's classification of them as independent contractors instead of employees has led to unpaid wages and other types ...
Tesla turns up charm ahead of investor vote on huge Musk pay plan
TechXplore· 2024-06-11 08:20
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Tesla has urged shareholders to vote in favor of CEO Elon Musk's huge pay plan after a Delaware judge struck it down. Electric automaker Tesla has launched a charm offensive to try to coax shareholders to vote Thursday for billionaire CEO Elon Musk's giant pay package, after the windfall was nixed in court. The company has mou ...
Intel suspends expansion of factory plan in Israel
TechXplore· 2024-06-11 08:15
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: CC0 Public Domain Intel is halting the expansion of a major factory project in Israel, which was going to pump an extra $15 billion towards a chip plant. The chip giant in December said it was going to expand an ongoing $10 billion plan at the Kiryat Gat site, in the south of the country, currently under construction.S ...
Facebook owner Meta seeks to train AI model on European data as it faces privacy concerns
TechXplore· 2024-06-10 16:57
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: The Meta logo is seen at the Vivatech show in Paris, France, Wednesday, June 14, 2023. Meta said Monday, June 10, 2024, it wants to use data from users in privacy-conscious Europe to train its artificial intelligence models. It's facing concerns about data protection while battling to keep up with rivals like OpenAI and Google. ...
Netflix's recipe for success includes 'secret sauce' spiced with Silicon Valley savvy
TechXplore· 2024-06-09 09:54
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Awards, including an Emmy, are displayed at Netflix headquarters Los Gatos, Calif. on March 7, 2024. Netflix wins awards for its shows like a Hollywood studio, but still relies on the sophisticated technology of a Silicon Valley company to reel in viewers and subscribers. Credit: AP Photo/Mike Liedtke Although its video streamin ...
Boeing CEO to address safety at US Senate hearing
TechXplore· 2024-06-06 09:00
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Boeing CEO Dave Calhoun will be on Capitol Hill on June 18, 2024 to talk about safety issues at the planemaker. Boeing's outgoing CEO Dave Calhoun will testify before a US Senate panel later this month to answer questions about safety and production issues at the aircraft manufacturer, the company said Wednesday. The June 18 a ...
Meta hit with privacy complaints in Europe over AI plans
TechXplore· 2024-06-06 08:50
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Julio Lopez from Pexels A Vienna-based privacy campaign group filed complaints in 11 European countries against Meta on Thursday, saying the global tech giant's planned privacy policy change would allow "unlawful" use of personal data for artificial intelligence technology. The complaints brought by the European Center ...