In A Contentious All-Hands Meeting, Google CEO Sundar Pichai Cautions Employees Not To “Equate Fun With Money”

Google’s CEO Sundar Pichai is finding himself on the defensive as the serch engine giant tries to navigate a new environment of slowing growth, cost-cutting, and employee discontent over cultural changes. According to a CNBC report, Pichai was asked challenging questions by staff this week at an all-hands meeting for the entire company about budget cuts…

Almost 1.1 Million Tesla Cars In The US Recqalled By The Firm To Upgrade Window Reversing Software

Because the window automatic reversal system may not respond appropriately after detecting an obstruction, increasing the risk of injury, Tesla is recalling nearly 1.1 million U.S. vehicles. The manufacturer of electric vehicles informed the National Highway Traffic Safety Administration (NHTSA) that it would update the automatic window reversal system’s software over the air. Some Model…

FT: Credit Suisse Is Thinking About Dividing Its Investment Bank Into Three

The Financial Times reported on Thursday that Credit Suisse Group AG has developed plans to divide its investment bank into three as the Swiss lender tries to recover from three years of nonstop scandals. According to the report, which cited people familiar with the plans, the bank is looking to sell profitable divisions like its…

Elon Musk Is Facing Doubters As Tesla Prepares To Introduce The “Optimus” Robot

Elon Musk, the CEO of Tesla, claimed that humans are superior at some tasks and that the company’s reliance on factory robots four years ago caused it to enter “production hell.” According to job postings, Musk’s Texas-based company is reportedly considering ambitious plans to use thousands of humanoid robots, also known as Tesla Bot or…

Cancer Patients Ask The Court To Remove The J&J Bankruptcy Legal Impediment

Plaintiffs in talc lawsuits against Johnson & Johnson urged an appeals court on Monday to reinstate their cases, arguing that the profitable company shouldn’t be permitted to use a bankrupt subsidiary to thwart claims that the products cause cancer. They requested that the bankruptcy of J&J’s subsidiary LTL Management be dismissed by a panel of…

A Rate Hike Risk Causes Cryptos To Squeak As Bitcoin Drops Below $19,000

On Monday, cryptocurrency prices hit new lows as a result of regulatory worries and a general investor reluctance to invest in risky assets due to impending interest rate increases. By market value, Bitcoin, the most valuable cryptocurrency, dropped about 5 per cent to a three-month low of $18,387. The second-largest cryptocurrency, Ether, fell 3 per…

Pressure On Google By Indian Government To Aid In Stopping Illegal Lending Apps

According to sources, the Indian government and central bank have asked Alphabet Inc.’s Google to enact stricter controls to help reduce the use of illegal digital lending applications in India. Despite the fact that Google is outside the Reserve Bank of India’s (RBI) purview, the central bank and the Indian government have reportedly called the…