Meta, Microsoft and other tech giants racing to build the emerging metaverse concept have formed a group to foster development of industry standards that would make the companies’ nascent digital worlds compatible with each other. Participants in the Metaverse Standards Forum include many of the biggest companies working in the space, from chip makers to…
Meta and Other Tech Giants Form Metaverse Standards Body, Without Apple
Uber, Lyft Drivers Claim Price-Fixing in Lawsuit Against Companies
A group of drivers for Uber Technologies Inc and Lyft Inc on Tuesday accused the companies of unfairly controlling how much passengers are charged for rides in an antitrust lawsuit in California state court. The lawsuit seeking class action status in San Francisco Superior Court alleged violations of California antitrust law, and state law prohibiting…
Tesla Tops the List of Most Made-in-America Cars: What You Need to Know
The annual cars.com “American-Made Index,” which lists the vehicles that are most made in the U.S., has been released and Tesla Inc. is dominating the chart. While Tesla’s Model 3 lost the top spot it had in 2021, it was overtaken this year by the Tesla Model Y, sending the Model 3 to No. 2, which used…
Government-Subsidised Mental Health Services Underutilised in Australian Aged Care: Study
June 23, 2022
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Less than three percent of Australians with mental health conditions living in residential aged care facilities access government-subsidised mental health services, an analysis by South Australian researchers has found. The lead author of the study and psychology registrar and epidemiologist from Flinders University, Dr. Monica Cations, said aged care residents are four times more likely to…
SoftBank Overseas Business Chief Exits in Latest Churn
TOKYO—Japan’s SoftBank Group Corp. said on Wednesday it has appointed Alex Clavel as chief executive of its SoftBank Group International (SBGI) unit, replacing Michel Combes who leaves after just six months in the role. SoftBank transformed the tech industry with big bets on late-stage startups but the conglomerate has turned over much of its executive…
Tesla’s Austin and Berlin Plants ‘Losing Billions’ Amid Supply Chain Issues: Musk
Elon Musk said on Wednesday that Tesla’s new plants in Texas and Berlin are “losing billions of dollars” due to battery shortages and supply chain disruptions prompted by government mandated COVID-19 lockdowns in China. Tesla opened its Austin-based Gigafactory in April of this year, while its Berlin-Brandenburg plant officially opened in March. “Both Berlin and Austin factories are gigantic…
Facebook and US Sign Deal to End Discriminatory Housing Ads
NEW YORK—Facebook will change its algorithms to prevent discriminatory housing advertising and its parent company will subject itself to court oversight to settle a lawsuit brought by the U.S. Department of Justice on Tuesday. In a release, U.S. government officials said it had reached agreement with Meta Platforms Inc., formerly known as Facebook Inc., to…
Part of LAX Temporarily Closed Due to ‘Suspicious’ Vehicle
The Los Angeles International Airport (LAX) announced it was partially closed for over an hour on Wednesday after police were alerted to a suspicious vehicle. “Due to a suspicious vehicle, the upper/departures level of the airport is closed for the investigation. Traffic will be diverted to the lower/arrivals level. Please allow extra time to get…
Foreign Minister Conjures Spectre of Cold War: Russia Returning ‘East’
June 23, 2022
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Foreign Minister Sergei Lavrov has invoked the spectre of the Cold War, branding Russia and China’s relationship the “new East.” In an interview, Lavrov said Russia was turning away from the West in response to sanctions from developed countries. “We are working with the East,” Lavrov told Russia’s NTV in St. Petersburg. “Like we used to…
US Supreme Court Denies Bayer Appeal Over Roundup Weedkiller Lawsuit
June 23, 2022
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The U.S. Supreme Court on Tuesday denied Bayer AG’s appeal to review a million-dollar lawsuit filed by a Californian resident, suing the company for developing cancer from over 20 years of using Roundup weedkiller. The rejection potentially opens the German company up to billions of dollars in losses from future lawsuits. The justices maintained the…
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