Twitter-Musk Takeover Dispute Heading for an October Trial
Tesla CEO Elon Musk lost his fight to delay Twitter’s lawsuit against him as a Delaware judge on July 19 set an October trial, citing the “cloud of uncertainty” over the social media company after the billionaire backed out of a deal to buy it.
Twitter Adopts ‘Poison Pill’ Defense in Musk Takeover Bid
PROVIDENCE, R.I. — Twitter said April 15 that its board of directors has unanimously adopted a “poison pill” defense in response to Tesla CEO Elon Musk’s proposal to buy the company for more than $43 billion and take it private.
Samsung Expected to Build $17 Billion Chip Factory in Texas
Samsung is planning to build a $17 billion semiconductor factory outside of Austin, Texas, amid a global shortage of chips used in phones, cars and other electronic devices.
White House Proposes Guidelines for Regulating AI Use, Including in Transportation
The Trump administration is proposing new rules to guide future federal regulation of artificial intelligence used in medicine, transportation and other industries.
Oil Price Keeps Rising as Industry Eyes Iran-US Conflict
PROVIDENCE, R.I. — The global benchmark for crude oil rose above $70 a barrel Jan. 6 for the first time in more than three months, with jitters rising over the escalating military tensions between Iran and the United States.
As Robots Introduced to Warehousing, Workers Have to Adapt
NORTH HAVEN, Conn. — Guess who’s getting used to working with robots in their everyday lives? The very same warehouse workers once predicted to be losing their jobs to mechanical replacements.
Self-Driving Shuttle Pulled Over in Rhode Island
PROVIDENCE, R.I. — A self-driving shuttle got pulled over by police on its first day carrying passengers on a new Rhode Island route.
Hundreds Show Up for Jobs at Amazon Warehouses in US Cities
Hundreds of people showed up Aug. 2 for a chance to pack and ship products to Amazon customers, as the e-commerce company held a giant job fair at nearly a dozen U.S. warehouses.