Tesla's Robotaxi Faces Key Month of Testing and Rollout
Builder.ai revelations: AI startup Builder.ai, which recently announced plans to declare bankruptcy, faked business with the Indian social media startup VerSe Innovation for years to falsely inflate its sales, according to documents reviewed by Bloomberg and people with direct knowledge of the practice.
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Yahoo
24 minutes ago
- Yahoo
India's Modi meets China's top diplomat as Asian powers rebuild ties
Indian prime minister Narendra Modi met China's top diplomat on Tuesday and hailed the 'steady progress' made in improving the bilateral relationship after a years-long stand-off between the nuclear-armed Asian powers. Mr Modi also noted 'respect for each other's interests and sensitiveness' in a statement on social media after meeting Chinese Foreign Minister Wang Yi. China's foreign ministry said the countries have entered a 'steady development track' and the countries should 'trust and support' each other. Mr Wang arrived in India on Monday and has met with foreign affairs minister Subrahmanyam Jaishankar as well as national security adviser Ajit Doval about the countries' disputed border in the Himalayan mountains. India's foreign ministry said Mr Wang's meeting with Mr Doval discussed 'de-escalation, delimitation and boundary affairs'. Relations plummeted in 2020 after security forces clashed along the border. The violence, the worst in decades, left 20 Indian soldiers and four Chinese soldiers dead, freezing high-level political engagements. 'The setbacks we experienced in the past few years were not in the interest of the people of our two countries. We are heartened to see the stability that is now restored in the borders,' Mr Wang said. Mr Modi emphasised the importance of maintaining peace and tranquillity on the border and reiterated India's commitment to a 'fair, reasonable and mutually acceptable resolution of the boundary question', his office said in a statement. The rebuilding of India-China ties coincides with friction between New Delhi and Washington after US president Donald Trump imposed steep tariffs on India, a long-time ally seen as a counterbalance against China's influence in Asia. India is part of the Quad security alliance with the US, along with Australia and Japan. The chill in relations after the deadly clash in 2020 between troops in the Ladakh region affected trade, diplomacy and air travel, as both sides deployed tens of thousands of security forces in border areas. Some progress has been made since then. Last year, India and China agreed to a pact on border patrols and withdrew additional forces along some border areas. Both countries continue to fortify their border by building roads and rail networks. In recent months, the countries have increased official visits and discussed easing some trade restrictions, movement of citizens and visas for businesspeople. In June, Beijing allowed pilgrims from India to visit holy sites in Tibet. Both sides are working to restore direct flights. Last week, the spokesman for India's foreign ministry, Randhir Jaiswal, said India and China were in discussions to restart trade through three points along their 2,167-mile border. 'Settling the boundary issue between the two countries requires political compromise at the highest political level,' said Manoj Joshi, a fellow at the Observer Research Foundation, a New Delhi-based think tank. He also served as a member of the advisory board for India's National Security Council. The thaw between Beijing and New Delhi began last October when Mr Modi and Chinese president Xi Jinping met at a summit of emerging economies in Russia. It was the first time the leaders had spoken in person since 2019. Mr Modi is set to meet Mr Xi when he travels to China late this month — his first visit in seven years — to attend the summit of the Shanghai Cooperation Organisation, a regional grouping formed by China, Russia and others to counter US influence in Asia. Earlier this year, Mr Xi called for India and China's relations to take the form of a 'dragon-elephant tango' — a dance between the emblematic animals of the countries. Last month, India's external affairs minister visited Beijing in his first trip to China since 2020.
Yahoo
24 minutes ago
- Yahoo
Tesla drivers can pursue class action over self-driving claims, judge rules
By Jonathan Stempel (Reuters) -Tesla must face a certified class action by California drivers who said Elon Musk misled them for eight years about the self-driving capabilities of his company's electric vehicles. U.S. District Judge Rita Lin said the common question of whether Tesla lacked sensors to achieve high-level autonomy plus its inability to "demonstrate a long-distance autonomous drive with any of its vehicles" justified group lawsuits by two sets of drivers who bought its Full Self-Driving technology package. In her decision on Monday, the San Francisco-based judge also said thousands of people likely saw Tesla's claim in the "Autopilot" section of its website from October 2016 to August 2024 that its vehicles contained hardware for full self-driving. Tesla made a similar claim in a blog post, newsletter and quarterly earnings call, as did Musk at a 2016 press conference. "While these channels alone may not ordinarily be enough to establish class-wide exposure for a traditional car manufacturer, Tesla's distinctive advertising strategy warrants a departure from the typical approach," Lin wrote. Tesla does not use mass advertising or independent dealers, and Lin said it was reasonable to infer that class members interested in Full Self-Driving technology went to Tesla's website to get information. Lawyers for Tesla did not immediately respond to requests for comment on Tuesday. The Austin, Texas-based company had said it was unreasonable to assume all class members saw the challenged statements, and there was no common proof the statements were material. Class actions can allow larger recoveries at lower cost than if plaintiffs were forced to sue individually. The California classes include drivers who bought the Full Self-Driving package from May 19, 2017, to July 31, 2024, and opted out of Tesla's arbitration agreement, and drivers who bought the package from October 20, 2016, to May 19, 2017. Lin refused to certify a class of drivers who bought Tesla's Enhanced Autopilot package because its "core product qualities" did not require full self-driving functionality, making Tesla's alleged false statements immaterial to purchasing decisions. Federal officials have examined whether Tesla's full self- driving software is safe. The software is also a key component of Tesla's robotaxis. The case is In re Tesla Advanced Driver Assistance Systems Litigation, U.S. District Court, Northern District of California, No. 22-05240. Sign in to access your portfolio
Skift
26 minutes ago
- Skift
Marriott to Let Indian Shoppers Earn Bonvoy Points at Flipkart: Exclusive
Marriott on Wednesday will announce a partnership with Flipkart, the Walmart-backed Indian e-commerce platform, executives at both companies told Skift. Loyalty members of the two companies will earn Bonvoy points when buying on Flipkart, and can convert Flipkart SuperCoins into hotel points. 'We've always had to wait for someone to book a hotel room to start engaging with the program… Now with Marriott Bonvoy partnering with Flipkart, we start to become a little bit more part of their everyday transaction,' John Toomey, chief commercial officer, Asia Pacific excluding China, Marriott International, told Skift. Flipkart's SuperCoins already operate as a group currency across Flipkart properties, which in
