2025-01-09
Judge approves settlement in suit that Tesla's board overpaid themselves
A judge has approved the settlement that finally wraps up a case brought against Tesla by the Police and Fire Retirement System of the City of Detroit. The shareholders argued that Tesla's board of directors overpaid themselves between 2017 and 2020.<br /> Chancellor Kathaleen McCormick of Delaware's Court of Chancery approved the settlement yesterday. Tesla's directors will be required to return roughly $277 million in cash and $459 million in stock options, as well as forgoing stock options for 2021-23 worth $184 million. McCormick also awarded $176 million in fees and costs to the trio of law firms that brought the case on a contingency basis.<br /> Some of the notable directors named in the suit include Chair Robyn Denholm, James Murdoch (son of Fox News owne [...]
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2025-01-02
Tesla reports its first-ever annual drop in deliveries
Tesla has reported its first-ever decline in annual deliveries. The total number of deliveries for 2024 hovers at around 1.78 million, but the company delivered 1.81 million vehicles in 2023. Company [...]
2025-01-03
The Morning After: FCC’s attempt to restore net neutrality didn't work
The Sixth Circuit US Court of Appeals ruled yesterday that the FCC does not have the "statutory authority" to implement net neutrality rules.<br /> Since the rules were established in [...]
2025-01-02
Apple agrees to settle a 2019 Siri privacy lawsuit for $95 million
Apple has moved to settle a five-year-old class action lawsuit over Siri privacy. Reuters reports that the proposed settlement was filed on Tuesday in Oakland, CA. The company agreed to pay $95 millio [...]
2025-01-09
Mercedes-Benz EVs will get access to Tesla’s Supercharger network next month
As Mercedes-Benz prepares to add NACS ports to new models this year, the automaker is opening access to the Tesla Supercharger network for its existing EVs. Starting in February, authorized Mercedes d [...]
2025-01-07
NHTSA opens investigation into Tesla remote parking features
The National Highway and Traffic Safety Administration is investigating the remote parking features in some Tesla vehicles. The tools in question are Smart Summon and the unfortunately acronymed Actua [...]
2025-01-02
The 6 best Mint alternatives to replace the budgeting app that shut down
It's been almost one year since Intuit shut down the popular budgeting app Mint. I was a Mint user for many years; millions of other users like me enjoyed how easily Mint allowed us to track all [...]
2025-01-07
Linda Yaccarino on Meta ending fact-checking: ‘Welcome to the party’
You probably didn’t have X CEO Linda Yaccarino praising Meta and Mark Zuckerberg on your CES 2025 bingo card, yet here we are. Speaking during a keynote address in Las Vegas, Yaccarino described Met [...]