This article has been updated with comments from FCA.
It seems the news regarding vehicle hacking continues to get worse, especially when it comes to products from Fiat Chrysler Automobiles. Last year, a Jeep Cherokee in St. Louis, Missouri, was wir...
I've never driven a car. I've also never ridden a scooter, a moped, a Segway or even one of those stupid "hoverboard" things with the combustible batteries. But I do travel a lot, usually with a bit of luggage, and one thing I absolutely hate are tho...
Executives from Mercedes-Benz haven't been coy about the company's EV plans -- it wants to go head-to-head with Tesla. As part of this strategy, Bloomberg reports that Mercedes is getting ready to introduce four electric vehicles, including two sedan...
The three senior bankers who were sentenced on Friday are among the first to go to jail for illegal actions that contributed to the global economic crisis of 2008, which triggered waves of global instability, which contributed to the ongoing refugee crises and wars, mass unemployment, crippling austerity, the near-collapse of the Eurozone, Brexit, and soaring inequality.
Five years ago, the Irish government bailed out its banks though it had not guaranteed their deposits, putting the Irish taxpayers on the hook for 40 times annual GDP. Government economists estimate that it could take another 15 years to recover the cash-infusion.
Irish Life and Permanent Chief Executive Denis Casey was sentenced to two years and nine months; Anglo Irish Bank finance director Willie McAteer will serve 42 months; Ango Irish’s head of capital markets, John Bowe, will serve 24 months.
In the USA and the UK – ground zero for financial fraud in the runup to the crisis – bankers have been spared any criminal sanctions, thanks to official policies of levying fines rather than risking the stability of the banks and the people who depend on them. As Matt Taibbi explained in his must-read 2014 book The Divide, the affected banks still paid their senior staff titanic bonuses and salaries, and there were few dismissals after the crash.
Netflix has shown an interest in creating virtual reality content, from releasing a dedicated VR app that creates a screen inside a virtual environment, to experimenting with a virtual video store. Now, Netflix has released its first 360-degree YouTu...