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New Lidar from Blickfeld

The Startup Blickfeld has introduced a new lidar with a higher range: Cube Range. The startup company field of vision deals with the production of lidar systems and relies on solid-state lidar, which are cheaper and more robust than its predecessors. lidar is considered by the majority of the autonomous vehicle industry as a fundamental… Continue reading New Lidar from Blickfeld

CORRECTED-GM-UAW contract talks focus on temp workers

FILE PHOTO: GM team leader Natalie Walker, 56, leads chants as General Motors assembly workers and their supporters gather to picket outside the General Motors Bowling Green plant during the United Auto Workers (UAW) national strike in Bowling Green, Kentucky, U.S., September 20, 2019. REUTERS/Bryan Woolston/File Photo (This version corrects paragraph 3 of September 23… Continue reading CORRECTED-GM-UAW contract talks focus on temp workers

German prosecutors press charges against current and former VW CEOs

FILE PHOTO: Herbert Diess, CEO of the German carmaker Volkswagen AG gestures in front of an ID.3 pre-production prototype electrical car during a preview of the world’s biggest automaker at the eve of the international Frankfurt Motor Show IAA in Frankfurt, Germany September 9, 2019. REUTERS/Wolfgang Rattay FRANKFURT (Reuters) – German prosecutors brought criminal charges… Continue reading German prosecutors press charges against current and former VW CEOs

EU court upholds EU order to Fiat to pay Luxembourg back taxes

LUXEMBOURG, Sept 24 (Reuters) – Europe’s second-highest court on Tuesday backed an EU order to Fiat Chrysler Automobiles to pay up to 30 million euros ($32.9 million) in back taxes to Luxembourg, as part of a crackdown against illegal tax breaks given to multinationals. Luxembourg had also challenged the European Commission order. The cases are… Continue reading EU court upholds EU order to Fiat to pay Luxembourg back taxes

Indian actor Deepika Padukone’s family office invests in e-taxi startup Blu Smart

Actor Deepika Padukone’s family office has invested in Blu Smart- an electric taxi startup, as part of an angel round of $3 million, the startup said on Monday. While Padukone has invested via Ka Enterprises, other investors include JITO Angel Network, Bajaj Capital managing director Sanjiv Bajaj and Rajat Gupta, the now-disgraced former managing director… Continue reading Indian actor Deepika Padukone’s family office invests in e-taxi startup Blu Smart

Indonesian logistics startup Shipper raises $5m seed funding from Y Combinator, others

Indonesian logistics startup Shipper has secured a $5-million seed funding round from Y Combinator, Lightspeed Venture Partners, Floodgate, Insignia Ventures Partners, and Convergence Ventures, according to a TechCrunch report. The fresh capital will be used for hiring and customer acquisition, the report said. Shipper works by picking up a package and helping customers find the… Continue reading Indonesian logistics startup Shipper raises $5m seed funding from Y Combinator, others

Tesla was required by the National Labor Relations Board to post signs at its Fremont factory saying its workers can unionize following accusations that it tried to discourage unionization efforts (TSLA)

Tesla was required by the National Labor Relations Board (NLRB) earlier this year to post signs at its Fremont, California, factory affirming the right of its employees to engage in union-related activities. The Guardian first reported the existence of the signs. The signs said the following, according to a photo obtained by Business Insider: “Notice… Continue reading Tesla was required by the National Labor Relations Board to post signs at its Fremont factory saying its workers can unionize following accusations that it tried to discourage unionization efforts (TSLA)