Musk done with DOGE? Think again.
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Yahoo
26 minutes ago
- Yahoo
Elon Musk may be banking on his UK energy plan to boost Tesla's fortunes
Tesla's (TSLA) recent announcement that the company had applied to the regulator Ofgem revealed how keen Elon Musk is to shake up the UK energy market. The EV maker's bid to power UK homes and businesses is not a complete surprise, given that the company has been active in the energy space for a while, albeit in Texas and Australia. Its dedicated division, Tesla Energy, launched in 2006 and has developed battery and solar energy products, among others, with varying degrees of success. Tesla's Megapack and Powerwall energy storage systems are among the more notable products but revenues in the energy division have fallen year-on-year, company filings show. Read more: How Tesla's Cybertruck could keep UK homes running for days Still, it's clear Musk wants a piece of the UK energy market and is hoping it could help Tesla's fortunes. Tesla did not respond to a request for comment from Yahoo Finance UK. Problems have piled up for the EV maker over the past year, from slumping vehicle sales to a fall in operating income. Musk's work for Donald Trump's administration, specifically the Department of Government Efficiency (DOGE) team, led to a bitter fallout with the US president and speculation that Tesla investors were unhappy with his foray into politics. Seeking to reassure investors that Tesla (TSLA) was his priority, Musk said in a second-quarter conference call that there were a "few rough quarters ahead" but the long-term outcome for the company was "very high". One potential bright spot is the $16.5bn (£12.3bn) chip deal that Musk said Tesla (TSLA) had signed with Samsung ( Tesla's UK energy plan may be less high-profile than some of Musk's other ventures, illustrated in the chart below, but if it manages to solve distribution problems within a constrained network, the move could prove a winning strategy. Scott Flavell, head of energy for global consultancy firm Sia, told Yahoo Finance UK: "Tesla's planned UK energy market entry, via Tesla Energy Ventures, is less about selling household Powerwalls and more about cementing a position in large-scale energy storage and grid flexibility. "Already a global leader in utility-scale batteries, Tesla sees an opportunity in the UK's constrained energy network, where bottlenecks in transmission are slowing the delivery of renewable generation to demand centres." Flavell added: "By combining its Megapack infrastructure with targeted renewable generation, such as large-scale solar in less-constrained areas, Tesla can store surplus energy during low-demand periods and release it when the market pays a premium. The retail electricity offer, while grabbing headlines, serves as a customer acquisition layer and a source of aggregated flexibility to feed into this bigger play." There are no guarantees that Ofgem will approve the application but if the plan does succeed, Tesla could gain the power-up it needs by becoming a big player in the UK energy market. Read more: Should CEO pay be capped? Have your say UK economic growth slows between April and June Why Apple, Amazon and other tech giants are considering bitcoin Download the Yahoo Finance app, available for Apple and Android. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
29 minutes ago
- Bloomberg
South Africa Pushes Rule Review That Would Ease Starlink Entry
South Africa is prioritizing a policy-review process that may result in Elon Musk's SpaceX and other satellite-internet companies being allowed to operate in Africa's largest economy without ceding ownership, the nation's telecoms minister said. The Department of Communications and Digital Technologies is assessing 19,000 public submissions on a proposal to amend the nation's Black-economic empowerment regulations. The aim is to determine whether info-tech companies can operate in the country using equity-equivalent programs, instead of a 30% Black-ownership requirement.
Time Business News
an hour ago
- Time Business News
Doge Software Licenses Audit HUD: A Modern HUD for License Oversight
In today's dynamic software landscape, managing open-source and proprietary licenses is more crucial than ever. Recognizing this, Doge Software Licenses Audit HUD (Heads-Up Display) has emerged as a sophisticated tool designed to simplify, automate, and visualize software license compliance. Tailored for developers, legal teams, and DevOps professionals alike, this solution offers real-time tracking, risk assessment, and compliance governance—all in one intuitive interface . At its core, the HUD is a dashboard-style interface embedded into development environments or integrated with CI/CD pipelines. It operates by scanning codebases, identifying software packages and associated licenses (e.g., MIT, Apache, GPL, proprietary), and displaying this information in real time. Its HUD overlay provides continuous visibility into licensing, highlighting compatibility issues or potential violations before they impact your project . Legal Compliance : Misusing or overlooking license requirements can lead to legal disputes, forced code releases, or distribution constraints. The HUD helps organizations preempt these risks by automatically flagging non-compliant dependencies . : Misusing or overlooking license requirements can lead to legal disputes, forced code releases, or distribution constraints. The HUD helps organizations preempt these risks by automatically flagging non-compliant dependencies . Security & Governance : Certain licenses impose redistribution or copyleft obligations—misinterpretation may expose companies to unintended obligations or vulnerabilities . : Certain licenses impose redistribution or copyleft obligations—misinterpretation may expose companies to unintended obligations or vulnerabilities . Efficiency: Manual audits are time-consuming and often outdated. Automating this with continuous scans and real-time alerts speeds workflows and reduces human error . Real-Time Scanning Detects and maps license data from package managers (NPM, PyPI, Maven, Composer) as code is pulled or written. It tracks changes in dependencies and their licenses automatically . License Compatibility Matrix Provides a visual matrix to illustrate compatibility—e.g., alerting when combining MIT with GPL or introducing non-commercial clauses into a commercial project . Policy Engine Enables setting custom rules: allow permissive licenses (MIT, Apache), flag copyleft (GPL, AGPL), or block proprietary or unknown ones. Notifications occur instantly when disallowed licenses appear . Reporting & Audit Trails Produces comprehensive reports covering detected licenses, code locations, compliance status, and any manual exceptions—empowering teams during audits, M&A due diligence, or certifications like SOC 2 . DevOps Integration Connects with GitHub, GitLab, Bitbucket, CI/CD pipelines (Jenkins, CircleCI, GitHub Actions), IDEs (VS Code, IntelliJ), and security tools (Snyk, Sonatype, OWASP Dependency-Check) to fit seamlessly into development workflows . Developers : Get real-time visibility into license issues right in your IDE; avoid legal headaches and reduce friction with legal teams. : Get real-time visibility into license issues right in your IDE; avoid legal headaches and reduce friction with legal teams. Legal & Compliance Teams : Automate license verification, receive alerts for policy violations, and generate reports. : Automate license verification, receive alerts for policy violations, and generate reports. CTOs & DevOps Leaders: Gain governance over licensing across projects, reduce compliance risks, and maintain regulatory standards efficiently . Developers often lack licensing awareness. Manual reviews delay deployment. License issues can block releases or acquisitions. Microservices amplify compliance complexity. Legal due diligence (e.g., M&A) stalls due to fragmented license data. Doge HUD automates license tracking, making these pain points easier to manage . Imagine a startup preparing for acquisition: The CTO runs a full license audit using Doge HUD. A compliance report is generated automatically. Problematic packages are flagged and swapped out. All changes are tracked in an audit trail. Final documentation is shared with investors, expediting due diligence. By simplifying license oversight, Doge HUD saves weeks of effort and mitigates legal risk . The playful use of the 'Doge' meme may make licensing compliance feel less daunting. Think fun badges like 'Very License. Much Compliant. Wow.'—helping demystify legal complexities for startup teams, open-source contributors, and indie developers . Machine-Learning Risk Predictions : Predict license risks based on prior usage patterns. : Predict license risks based on prior usage patterns. Real-Time Alerts in Slack/Discord for collaboration teams. for collaboration teams. Auto-remediation Suggestions , recommending license-safe alternatives. , recommending license-safe alternatives. AI Chat Assistants to explain license terms in plain English. These enhancements would elevate it from a compliance tool to an intelligent partner in secure, agile development . Doge Software Licenses Audit HUD is more than a compliance dashboard—it's a developer-first solution for a critical but often overlooked domain. By delivering real-time scanning, policy enforcement, governance, and automation, it ensures that teams remain agile, legally protected, and focused on delivering quality software. Catch the latest updates, insights, and developments at TIME BUSINESS NEWS
