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Tesla said it is dropping radar systems in its lower-priced electric cars in favor of cameras and other AI equipment — even as the company faces growing scrutiny over its “autonomous driving” features.  Starting in May, Model 3 and Model Y Teslas sold in North America will no longer feature radar, which until now has...
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Officials in San Jose, California, have approved Google’s plans to build a massive, multi-billion dollar campus in the heart of the city. The tech giant will develop 80 acres of land on the western edge of downtown San Jose, which will undergo an estimated $1 billion in infrastructure improvements. Google will own all of the...
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Amazon is ready for its closeup. The e-commerce giant announced Wednesday it has purchased MGM Studios — once one of Hollywood’s Big Five major production and distribution companies until it fell into bankruptcy in the 21st Century. It’s Amazon’s biggest acquisition since it bought Whole Foods for $13.7 billion in 2017. The deal also marks...
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European regulators are reportedly set to open a formal probe into whether Facebook has violated antitrust laws by undermining rivals in the classified advertising market. The European Commission has already sent questionnaires to Facebook and its rivals asking whether the tech giant is warping the classified advertising business by promoting its online marketplace for free...
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Facebook employees will be allowed to return to the company’s New York City offices this summer — but they’ll still be required to wear masks and undergo coronavirus testing. The social media outfit will reopen its offices in NoHo, Flatiron and Hudson Yards at 25 percent capacity in July, spokesperson Jamila Reeves told The Post...
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The Atlanta Hawks’ growing reputation for cheap fouls comes as no surprise to people who’ve done business with the NBA team’s billionaire owner, The Post has learned. Private equity chief Antony Ressler, who bought the Hawks in 2015 with a group of investors for $850 million, has been developing a reputation in financial circles for...
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The trust of the Bill & Melinda Gates Foundation sold off $1.4 billion in stock in the first quarter of 2021, raking in a huge profit months before the billionaire couple announced their divorce.  The foundation’s trust, one of the largest in the world, revealed in filings with the Securities and Exchange Commission that it...
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Amazon is resuming construction of a new facility in Windsor, Connecticut, after halting operations there last week when the seventh case of a “rope which could be interpreted as a noose” was found at the site. “The site has reopened and we are committed to working with the Town and Windsor Police Department, as well...
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Tesla has been accused of using software to “throttle” the charging speeds and battery capacity of its electric cars in Norway — and now faces $167 million in government-ordered payouts to angry customers. A 2019 software update for Tesla Model S cars sold in Norway between 2013 and 2015 significantly increased the amount of time...
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Jeff Bezos is locked in a tug-of-war with French luxury tycoon Bernard Arnault for the title of world’s richest person, with each of them temporarily grabbing the top spot in recent days.  Arnault — head of LVMH, the luxury empire that owns Louis Vuitton, Tiffany and Dom Perignon — held the title as of midday...
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