Ford is laying off about 3,000 employees and contract workers, with the cuts primarily affecting staff in the US, Canada, and India, The Wall Street Journal reports. Chairman Bill Ford and CEO Jim Farley sent a memo on Monday informing staff of the layoffs, with affected workers being told later this week. “Building this future… Continue reading Ford is laying off 3,000 employees
Author: The Verge Online News
Super73-ZX e-bike review: love and hate can be so much fun
One major draw of #vanlife is the pursuit of unbridled exploration. But custom vans and RVs suitable for extended off-grid living tend to be hulking monstrosities that can be difficult to maneuver in tight spaces. That means bringing along an alternative mode of transportation like an e-bike to scout the viability of unpaved roads and… Continue reading Super73-ZX e-bike review: love and hate can be so much fun
Tesla’s Full-Self Driving software is going up in price again
Tesla’s increasing the price of its Full-Self Driving (FSD) software to $15,000. In a post on Twitter, Tesla CEO Elon Musk announced that the new price will go into effect in North America starting September 5th, representing a $3,000 jump. Drivers who order a vehicle before September 5th won’t have to pay the newly-increased price,… Continue reading Tesla’s Full-Self Driving software is going up in price again
FTX’s money isn’t insured, FDIC says
The Federal Deposit Insurance Corporation (FDIC) slapped the Sam Bankman-Fried-owned cryptocurrency exchange FTX with a cease-and-desist order over “false and misleading statements” that suggest its assets are FDIC-insured. The FDIC doesn’t cover stocks or crypto, and only safeguards funds held in insured bank accounts. In a letter to the exchange, the FDIC points to a… Continue reading FTX’s money isn’t insured, FDIC says
DoorDash won’t deliver Walmart’s groceries starting next month
DoorDash is calling off its partnership with Walmart, which had the service delivering groceries and other goods from the retail chain to customers for over four years, according to a report from Insider. A source close to the situation told Insider that DoorDash notified Walmart about its decision earlier this month, citing that the partnership… Continue reading DoorDash won’t deliver Walmart’s groceries starting next month
EV startup Karma would like DeLorean to go back in time and not steal its trade secrets
The effort to electrify an iconic car has run into its first speed bump. Earlier this month, electric vehicle company Karma Automotive filed a lawsuit against DeLorean Motors Reimagined, the Texas-based company that holds the branding rights for the original DeLorean Motor Company (DMC), and four of its employees, alleging stolen intellectual property. More broadly,… Continue reading EV startup Karma would like DeLorean to go back in time and not steal its trade secrets
Acura’s Precision EV concept is inspired by… boats
Acura revealed a chonky new electric vehicle concept this week, apparently taking some inspiration from the shape of luxury Italian power boats. Teased earlier this month, the Acura Precision EV concept represents the company’s “north star” for the direction of its future EVs, focusing on a “modern expression of performance,” according to Acura creative director… Continue reading Acura’s Precision EV concept is inspired by… boats
Lucid unveils top-of-the-line performance EV that does zero to 60 in under two seconds
Luxury electric vehicle maker Lucid Motors unveiled the new Lucid Air Sapphire Edition, a top-of-the-line sedan, which the company says will do zero to 60mph in under two seconds, zero to 100mph in under four seconds, and the quarter-mile in under nine seconds. That’s tremendously impressive in a full-size, fully-electric luxury sedan and potentially makes… Continue reading Lucid unveils top-of-the-line performance EV that does zero to 60 in under two seconds
To fight climate change, we need to start biking like the Dutch
If people around the world were as enthusiastic cyclers as they are in the Netherlands, we could cut an impressive amount of planet-heating pollution. The Dutch use bicycles to get around more than folks in any other country, cycling about 2.6 kilometers (1.62 miles) a day. If that was the trend across the world, it… Continue reading To fight climate change, we need to start biking like the Dutch
Elon Musk says a lot of wild things — and somehow we have to believe him
Fifteen years or so ago, the sportswriter Bill Simmons coined the phrase “The Tyson Zone,” which refers to a rare situation in which you would believe absolutely anything someone told you about a person. (The stories about Mike Tyson are still horrifying and wild to read about.) It’s a high bar to clear because for… Continue reading Elon Musk says a lot of wild things — and somehow we have to believe him