Tech

Tesla reports 2 new fatal crashes involving Autopilot system

Elon Musk’s Tesla told US auto safety regulators it has reports of two new crash fatalities in Model 3 cars tied to advanced driver assistance systems in the month ending Oct. 15, data released Tuesday by the government shows. The National Highway Traffic Safety Administration in June began releasing data provided by automakers on reports of crashes tied to driver assistance systems...

Charlie Munger blasts crypto after FTX meltdown: ‘Good for kidnappers’

Billionaire and noted bitcoin critic Charlie Munger took a victory lap Tuesday after FTX’s recent meltdown – blasting cryptocurrencies as a “demented” enterprise rife with “fraud” and delusion.” When asked about FTX’s collapse into bankruptcy, the 98-year-old Berkshire Hathaway vice chairman referred to digital currencies as a “very, very bad thing” ripe for exploitation by bad actors. “The country did not need...

Elon Musk complains about his brutal work schedule: ‘I torture myself’

Elon Musk grumbled Monday about his grueling daily workload after adding a new role as CEO of Twitter to his already lengthy list of C-suite positions. A tired-sounding Musk revealed he has essentially worked 24/7 while leading a widely criticized overhaul at Twitter. The billionaire is also the top boss at electric car maker Tesla, the space exploration firm SpaceX and the...

Meta job cuts put chill on Mark Zuckerberg’s office footprint in NYC

Mark Zuckerberg’s announcement that he’s cutting 11,000 jobs from Meta, or 13% of the tech giant’s workforce, sent shivers through Manhattan’s commercial corridors. The company previously called Facebook was on a real estate expansion roll even during the pandemic, when Zuckerberg said he expected half of Meta’s employees to work from home within five years. It leased 720,000 square feet of offices at Vornado’s Farley...

Musk’s lawyer scrambles to calm Twitter staffers who fear jail over FTC scrutiny

The head of Elon Musk’s legal team scrambled to assuage the concerns of Twitter staffers who reportedly fear they could face prison if the company runs afoul of federal regulations. In a memo to staffers, attorney Alex Spiro sought to downplay concerns that Twitter’s remaining employees could be held personally liable if the company was found to have violated the Federal Trade...
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