General Motors’ self-driving-car unit, Cruise, is shaking up its leadership after the company lost permits needed to operate in California and paused its operations. On Sunday, Cruise Chief Executive Kyle Vogt announced he was resigning. Vogt, who co-founded Cruise in 2013, announced his departure on the social media site X, formerly Twitter. He didn’t say…
The question of how you solve a problem like Elon Musk has crossed the line from an amusing little parlor game to an issue with serious implications for anyone doing business with him, including major corporations and the U.S. government. Little that Musk says or does escapes popular notice, but a tweet he posted Wednesday…
Last month President Biden issued an executive order on artificial intelligence, the government’s most ambitious attempt yet to set ground rules for this technology. The order focuses on establishing best practices and standards for AI models, seeking to constrain Silicon Valley’s propensity to release products before they’ve been fully tested — to “move fast and…
AI investors say their work is so important that they should be able to trample copyright law on their pathway to riches. Here’s why you shouldn’t believe them.
Mattel, the company behind Hot Wheels, Fisher-Price and Barbie, pledged in 2017 to donate $49 million to UCLA to support its children’s hospital. But now the hospital says Mattel never came through with the money. According to a new lawsuit, the El Segundo toy company made “the inexplicable decision a few short years later to…
After more than a decade of uncontrolled experiments by internet platforms on millions of users, there is an emerging possibility that one group of users — kids — may gain some protection. A wave of court cases has an opportunity to fill a void left by the inaction of the executive and legislative branches of…
After years of secrecy, the B-21 Raider emerged from its Palmdale hangar Friday morning and took its first flight, soaring through the sky and giving plane enthusiasts, contractor employees and the public its first glimpse of the futuristic-looking bomber in air. The B-21 bomber, which is being built by Northrop Grumman Corp., took off from…
Tasha Valdez stood in front of a mannequin in a character scan room and tugged at the sleeves of the gray hoodie resting on its form. Surrounded by racks of clothing and accessories, she prepped the look for scanning by a 3-D camera. Eventually, that jacket would find itself on a bad guy trying to…
Federal authorities have charged the co-founders of Fresno startup Bitwise Industries with fraud months after the company laid off all of its employees and shut down without explanation. Irma Olguin Jr. and Jake Soberal surrendered to authorities Thursday after being charged in a federal complaint with conspiring to commit wire fraud and taking more than…
Sequoia Capital wants you to know that it was “deliberately misled and lied to” by convicted cryptocurrency scam artist Sam Bankman-Fried during the discussions that led to its $213.5-million investment in Bankman-Fried’s firm, FTX, last year. That’s an extraordinary admission, given that Sequoia is one of Silicon Valley’s oldest and largest venture investing firms, with…
