Tesla software under investigation after collisions
The National Highway Traffic Safety Administration (NHTSA) launched an investigation Thursday after Tesla's fully self-driving (FSD) software was reportedly involved in four crashes, including one that resulted in the death of a pedestrian. The agency said it was investigating the possibility that the system “fails to detect and disarm in certain circumstances where it cannot […]
‘Software innovations aren’t doing a lot for me’
If it ain't broke, don't fix it. Generation Z is obsession with frugality Take it to the next level, this time using your smartphone. Rather than opting for a brand new iPhone, the tech-savvy generation is settling for a like-new, refurbished iPhone at a fraction of the original retail price. “As new versions of smartphones […]
Utah-based software company CEO Justin Bingham dies after 200-foot fall at Zion National Park: officials
The CEO of a Utah-based software company tragically died over the weekend after falling 200 feet while climbing in Zion National Park in Springdale, Utah, officials said. Around 6 p.m. local time on Saturday, Justin Bingham, 40, was canyoning near the exit of Heaps Canyon when he fell about 150 to 200 feet, the National […]
Vista, Blackstone buying software maker Smartsheet for about $8.4 billion
Former Treasury Secretary Steven Mnuchin and Contrast Securities CEO Alan Naumann, who have founded a new private equity firm, Liberty Strategic Capital, are discussing the agreement. Acquired by private equity firms Vista Equity Partners and Blackstone Software Maker Acquired Smartsheet for approximately $8.4 billion in cash. Vista and Blackstone announced Tuesday that they would pay […]
U.S. Commerce Department Proposes Banning Chinese And Russia-Made Software In Cars
U.S. Secretary of Commerce Gina M. Raimondo speaks onstage during the first day of the Democratic National Convention at the United Center in Chicago, Illinois, August 19, 2024. (Photo by Alex Wong/Getty Images) OAN Staff Avril ElfiMonday, September 23, 2024 1:29 PM The US Commerce Department has proposed banning Chinese- and Russian-made hardware and software […]
EU threatens Apple if it doesn’t open up iOS software to rivals
European Union antitrust regulators warned Apple on Thursday that it could face heavy fines if it doesn't open up its closely guarded software to rivals. The European Commission has launched a so-called specification procedure to specify what Apple must do to comply with the Digital Markets Act (DMA), a tough new law aimed at preventing […]
Stellantis Recalls 1.5 Million Ram Pickups to Fix Software Problem
Automaker Stellantis is recalling more than one million Ram pickups due to an issue related to the electronic stability control (ESC). The recall affects about 1.5 million trucks that are at risk of developing a software issue that could disable the ESC, Fox Business Reported Saturday. The recalled vehicles are primarily produced in North America […]
Over one million Ram pickup trucks recalled due to software issue
Automaker Stellantis is recalling about 1.5 million Ram pickup trucks due to a software issue that could disable the vehicle's electronic stability control (ESC). In a statement seen by Reuters on Saturday, Stellantis said anti-lock braking software in affected pickup trucks could mistakenly shut down the vehicle's ESC, a system designed to control the vehicle's […]
DOJ sues software firm, alleging pricing algorithm enables landlords to raise rents
The Department of Justice (DOJ) sued property management software company RealPage on Friday, alleging that the company’s pricing algorithms allow landlords to share sensitive pricing information and increase rents. The lawsuit, joined by attorneys general from North Carolina, California, Colorado, Connecticut, Minnesota, Oregon, Tennessee and Washington, alleges that RealPage violated antitrust laws by restricting competition […]
GM slashing over 1K salaried jobs at software, service units
General Motors said Monday it was laying off more than 1,000 full-time employees across its software and services divisions around the world. GM confirmed the job cuts, first reported by CNBC, in a statement saying, “As we build GM’s future, we need to simplify for speed and excellence, make bold choices and prioritize investments that […]