Category: News
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Liam O’Connor, hired to help build Lyft’s bike and scooter business, has left after 7 months
The emerging business of supplying scooters and bikes on demand has not been very eloquent, and today comes among the newest lumps: TechCrunch has learned and verified that Liam O’Connor, an executive hired to help transportation company Lyft build its bike and scooter operations, has left after seven months with the newly-public company. The change…
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Ryobi’s new electric self-propelled lawn mower gets first discount, plus smart plug deals, generators and more
Home Depot offers the Ryobi 21-inch 40V Self-Propelled Lawn Mower for $527.12 shipped. That’s down from the best deal we and the price tag ’ve tracked in 2019. Ryobi’s SMART TREK line features updated specs with a design that is self-propelled from its more entry-level line of generators. Features a light and automatically adapting rates. Ships…
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Tesla bumps up its capital raise by $400 million, with Elon Musk taking an additional $15 million
Tesla is going to raise an additional $400 million in its most recent sale of stock, with co-founder and chief executive Elon Musk committing to buy an additional $15 million in shares, according to a filing with the Securities and Exchange Commission. The electric vehicle, energy storage and solar panel manufacturer said it will sell…
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Tesla’s Newest Solar Strategy: Drastic Price Cuts and a $99 Deposit
Tesla is slashing prices on its installations in a bid to regain its leadership in the residential solar sector. Yesterday, a Tesla spokesperson told GTM,”We are making some big changes to the ways we sell solar,” adding”It’s the culmination of a lot of work by the team since the SolarCity acquisition, and pretty significant industry…
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Ethereum’s [ETH] Vitalik Buterin to Elon Musk: Programs that should be developed on Ethereum
Elon Musk, the face of Tesla and SpaceX, has always been a prominent figure in the space that is cryptocurrency. The creator of The Boring Company has expressed his opinions on Bitcoin [BTC] and cryptocurrencies in the market on many occasions. Musk also revealed that he held 0.25 BTC, which was sent by a friend,…
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Boeing’s CEO explains why the company didn’t tell 737 Max pilots about the software system that contributed to 2 fatal crashes (BA)
Stephen Brashear / Stringer / Getty Images Boeing has come under scrutiny in recent months for its failure to disclose the presence of the Maneuvering Characteristic Augmentation System (MCAS) on its Boeing 737 Max airliners. The existence of MCAS came to light only after the crash of Lion Air Flight JT610 in October. On Monday,…
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Tesla’s Elon Musk and SEC reach agreement on Twitter use: no punishment, but tighter rules
Tesla CEO Elon Musk and the Security and Exchange Commission have reached an agreement about the CEO’s Twitter use. In a record, Elon Musk’s legal team and the SEC issued a movement asking the court to amend the terms of the CEO’s settlement, particularly the sections pertaining to information that are considered material, and so,…
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NIO has laid off 70 employees and closed an office in Silicon Valley
Chinese EV startup NIO has laid off 70 employees across two Silicon Valley offices, one of which is now closed, according to a filing with California’s Employment Development Department. The cuts started in early April, shortly after the startup announced it was putting off 3% of its workforce in China. Twenty employees were let go…
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Tesla owners set to win legislative protection from Supercharger blocking in CO
The Colorado electric vehicle (EV) community is set to benefit from legislation that will fine gas-powered violators for parking in EV charging distances. The penalty is $150 plus a surcharge. The bill, HB19-1298, recently passed the state congressional house and corresponding senate committee, and it now awaits a final vote in the Senate before signature…