Author: The Verge Online News

Tesla files for a three-way stock split to make its shares more affordable

Tesla is asking its shareholders to approve a three-way stock split to help make the company’s shares cheaper for buyers. The request is included in a list of provisions Tesla is planning to bring up at its August 4, 2022 shareholder meeting, which it filed Friday with the US Securities and Exchange Commission. Tesla is… Continue reading Tesla files for a three-way stock split to make its shares more affordable

Tech antitrust is facing its biggest challenge yet in the Senate

After six months of slow progress, the Senate is closer than ever to instituting new tech antitrust rules — and the industry is fighting harder than ever to bring it down. Sponsored by a bipartisan group including Sen. Amy Klobuchar (D-MN) and Sen. Chuck Grassley (R-IA), the American Innovation and Choice Online Act (AICO) was… Continue reading Tech antitrust is facing its biggest challenge yet in the Senate

Meta is adding social hangouts to the Quest’s VR home space

Meta Quest virtual reality headsets will soon offer an option for hanging out with other people in your homescreen. The v41 Quest update will add a multiuser Horizon Home space, which Meta announced last year at Connect. Horizon Home lets people put on their headsets and immediately invite other Quest users to jump into social… Continue reading Meta is adding social hangouts to the Quest’s VR home space

Lightyear says its $263,000 solar-powered car will go into production later this year

EV startup Lightyear revealed its first solar-powered electric vehicle, dubbed Lightyear 0, at an event this week in the Netherlands. The vehicle, which Lightyear describes as production-ready, has 388 miles of range, 44 miles of which are derived from solar power alone. The Lightyear 0 is the product of six years of research and development… Continue reading Lightyear says its $263,000 solar-powered car will go into production later this year

Brompton recalls folding e-bikes over risk of front wheel lockup

If you own a Brompton folding electric bicycle sold between May 2019 and March 2022 you should stop riding it immediately. According to the Consumer Product Safety Commission (CPSC) agency in the US, ten owners of Brompton e-bikes have reported objects getting trapped between the mudguard and front tire causing the wheel to lockup and… Continue reading Brompton recalls folding e-bikes over risk of front wheel lockup

Apple retail workers in New York switch unions

Apple retail workers at the Grand Central store in New York are unionizing with the Communications Workers of America (CWA) rather than Workers United as originally planned. The move is part of a broad organizing push at Apple retail stores across the country, where workers in Maryland, Georgia, and Kentucky have announced union campaigns. If… Continue reading Apple retail workers in New York switch unions

The federal government’s Tesla Autopilot investigation is moving into a new phase

The federal government is upgrading its investigation into over a dozen incidents of Tesla vehicles using Autopilot that crashed into emergency vehicles. The probe is now designated as an “Engineering Analysis,” which is the second and final phase of an investigation before a possible recall. This next phase will involve additional tests and crash analyses… Continue reading The federal government’s Tesla Autopilot investigation is moving into a new phase

Porsche is acquiring German e-bike company Fazua in its latest micromobility purchase

Porsche’s electric bike shopping spree isn’t over. The German automaker announced Thursday that it would be acquiring Fazua, an e-bike drivetrain manufacturer that specializes in lightweight motors. After buying a 20 percent stake in the company earlier this year, Porsche said it would acquire all of Fazua’s shares, making it the latest e-bike company to… Continue reading Porsche is acquiring German e-bike company Fazua in its latest micromobility purchase

New research points to bad math behind corporate renewable energy claims

Even though more companies than ever are proclaiming that they’re powered by renewable energy, those claims are usually exaggerated, new research shows. That disconnect between a company’s claims and realitycould jeopardize global efforts to stop climate change. The problem stems from companies’ reliance on Renewable Energy Certificates (RECs) to back up their green claims. A… Continue reading New research points to bad math behind corporate renewable energy claims