Markets
Germany discovers ?illegal? devices that may be in 1M Mercedes diesels
The Kraftfahrt-Bundesamt said 238,000 vehicles in the country have unauthorised software fitted and has demanded that they are fixed immediately by the auto maker. Daimler hasn't contested the existence of the devices, but has argued that the devices may not be illegal. It's now unclear how many models in the United Kingdom are impacted. [Full Article...]
Judge approves AT&T's merger with Time Warner | AT&T
The ruling comes one day after the repeal of net neutrality, meaning that AT&T now has more freedom to prioritize the delivery of select content on its network. The combination would push technology forward and give consumers more choices, AT&T has promised. The "drop dead" deadline for completing the merger is June 21. [Full Article...]
Trump advisers blast Trudeau with 'unprecedented' language: political scientist
The likelihood of a trade war between the United States and Canada appears to be on the rise, and both sides are mulling more trade barriers. Mulroney began working with Trudeau a year ago. "But the conclusion I draw is that it is only through continued dialogue that we can find ways to work together to resolve the challenges we face". "Well, I think that very quickly I'll know whether or no... [Full Article...]
Tesla cuts 9 percent of workforce in search for profit
Given that Tesla has never made an annual profit in the nearly 15 years since we have existed, profit is obviously not what motivates us. At the company's annual shareholder meeting earlier this month, Musk said he expected the Palo Alto, California, company to post a quarterly profit during the July-September period. [Full Article...]
Trump credits Warmbier for NK summit: 'Otto did not die in vain'
The U.S. president said he raised the issue of human rights with Kim, and he believed the North Korean leader wanted to 'do the right thing.' He said the negotiations he has initiated should help improve conditions in the isolated country. [Full Article...]
NTSB: Tesla vehicle sped up, didn't brake in California crash
The system had provided the 38-year old with two visual alerts and one auditory alert that he must place his hands on the steering wheel. While bystanders were able to remove the driver from the vehicle before it was engulfed in flames, he later died in hospital from his injuries. [Full Article...]
Uber, Lyft Want in on San Francisco's Electric Scooter Craze
These include the three companies that have already launched fleets in the city - Bird, LimeBike, and Spin - as well as newcomers, such as Lyft, Skip, and the bike-sharing company Ofo. According to Axios , Lime and Spin have said they will comply with the rules set down by the San Francisco Municipal Transportation Agency, and Bird would work with the SFMTA to obtain a permit. [Full Article...]
Ethereum Classic spikes 25 percent on Coinbase listing news
The company said that once it has reached the final testing phase for integrating the cryptocurrency, it will announce a concrete launch date. Due to a philosophical disagreement within the community, the hard fork ended up creating two coins - Ethereum and Ethereum Classic . [Full Article...]