Tesla ended Sweden’s longest strike by buying out every last striker

The union announced it on 13 August. Its own statement sets the end at one minute past midnight on Wednesday 19 August. The strike began on 27 October 2023 with about 120 mechanics across seven Swedis [...]

Canva’s backers cut $7.1bn from its valuation, and its own valuer cut more

Emma Rapaport and Paul Smith reported the markdown for the Australian Financial Review on 14 August. The figure appears two ways and both are correct. It is $7.1bn in US dollars, and A$10bn, which is [...]

Joshua Kushner’s Thrive Capital Discloses $215 Million Amazon Stake

Joshua Kushner’s Thrive Capital has bought roughly $215mn of Amazon shares, disclosed in a regulatory filing on Friday. It lands in the same week the firm told investors it is selling part of its Op [...]

Zoox has shown its safety workings, three weeks after recalling every robotaxi it owns

Zoox has published the reasoning behind its claim to be safer than human drivers. Everything reduces to one number, the predicted rate of collision, injury and fatality events, expressed as miles per [...]

Pipeline for $165 Billion Oracle Data Center Delayed to Next Year

The Green Chile pipeline that would fuel Oracle’s Project Jupiter data centre in New Mexico has been pushed from 15 August to 1 February 2027, according to a filing by Energy Transfer’s Transweste [...]

OpenAI CFO tells shareholders enterprise revenue has overtaken ChatGPT

OpenAI’s enterprise business now generates more revenue than its consumer business, finance chief Sarah Friar told shareholders on Friday, months earlier than the company had forecast. Its annualise [...]

EV prices rose for the first time in 2026, and the discounts are why

The average US electric vehicle sold for $56,126 in July, up 1.6% on a year earlier and the first rise of 2026, according to Kelley Blue Book. Automakers cut EV incentives by 24.3% year on year after [...]

PayPal is no longer refusing to sell. Now the question is whether regulators allow it

The Wall Street Journal reported the talks on 14 August. Cara Lombardo, Gina Heeb and Lauren Thomas wrote it. The framing is what changed. PayPal is in talks to sell itself, rather than fielding an of [...]

The AI store manager fired its first human. It had to be reminded of its own rules first

Luna runs Andon Market, a shop at 2102 Union Street in Cow Hollow. Andon Labs, the safety startup behind it, reported the dismissal on Thursday. Business Insider’s Katherine Li first reported the de [...]