Month: July 2018

AMD sinks after its 3rd largest investor sells a $427 million stake (AMD)

AMD’s third-largest stakeholder, Mubadala Investment Co., sold off 22 million shares worth more than $400 million on Tuesday. AMD sank more than 3% following the filing by the Abu Dhabi based investment firm. Follow AMD’s stock price in real-time here.  AMD sank more than 3% Tuesday after its third-largest shareholder — Abu Dhabi-based Mubadala Investment […]

Former Tesla employees sue the company alleging discrimination, harassment, and a system where SolarCity employees faked sales numbers (TSLA)

Three former Tesla energy salespeople claim they were subject to harassment, discrimination, and inadequate pay in a lawsuit against the company filed on July 25 in San Diego County Superior Court. The plaintiffs also claim some of their colleagues created fake sales accounts that inflated their bonuses and deceived investors and shareholders. A Tesla representative told […]

How Google’s using its phones to build smart speaker habits (GOOGL)

This story was delivered to Business Insider Intelligence IoT Briefing subscribers hours before it appeared on Business Insider. To be the first to know, please click here. Google will reportedly release a new device, called the Pixel Stand, alongside its third generation of Pixel smartphones that will let users turn their phones into makeshift smart […]

Four ways vehicles can be stopped in a police pursuit

Car chases are often more dangerous for bystanders and officers then suspects. These four devices are designed to keep bystanders safe and give police or military personnel the advantage. The following is a transcript of the video. Four ways vehicles can be stopped in a police pursuit.  Grappler Police Bumper. A wheel-locking net stops vehicles in […]

A Bill Gates-backed edible coating available at Costco could make avocados last twice as long — and it just got a $70 million boost

A food-tech startup called Apeel Sciences has landed a $70 million funding round led by Viking Global Investors, Andreessen Horowitz, Upfront Ventures, and S2G Ventures. Previously, the Bill and Melinda Gates Foundation had invested in Apeel. The company has created an invisible, edible coating designed to be sprayed on produce to extend shelf life. The company says […]

A £5 million company with a female CEO hosts underground, masked sex parties in cities around the world — and has raised over £500,000 to launch an app

Emma Sayle is the CEO and founder of Killing Kittens, a “female empowerment brand” valued at £5 million which hosts high-end sex parties for its members around the world. The concept? To provide a safe space for women to explore their sexuality. The parties have anywhere between 60 and 200 guests and are held in […]

Hackers reportedly took over a digital parking lot kiosk and connected it to a porn site for no apparent reason — and it hints at a worrying trend

As Internet of Things (IoT) devices become more prevalent, so do the ways that hackers exploit them, according to the Darktrace 2018 Threat Report, released Tuesday. In one instance, hackers took over a digital parking payment kiosk and connected it to websites featuring adult content. In another instance, hackers connected to industrial blenders, slicers and […]

AMC’s movie-theater subscription service racked up over 175,000 subscribers in its first 5 weeks, as problems continue for MoviePass

AMC Theatres’ subscription service, AMC Stubs A-List, has 175,000 subscribers after five weeks. That’s ahead of expectations, as AMC projected the service to hit 500,000 subscribers in its first year, the company said. The announcement comes on the heels of MoviePass’ continued cash-flow problems. MoviePass is raising its monthly price and restricting big movies for […]