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The remarkable lawsuit pitting Oracle against its own board members now suggests Larry Ellison should give back $1.6 billion for the 2016 NetSuite acquisition

An unprecedented lawsuit is still in the works, in which a shareholder was authorized by Oracle's board to sue its Oracle's board members, including Larry Ellison. A new version of the complaint filed this week includes additional information based on internal documents and emails. The suit claims that Oracle overpaid by billions for NetSuite when Oracle paid $9.3 billion cash in 2016. Because Ellison was NetSuite's founder and largest shareholder, he was paid about $4.1 billion of that cash. ...
Tags: Trends, Tesla, Larry Ellison, Ellison, Oracle, Delaware, Netsuite, Larry, T Rowe Price, Keith Block, Evan Goldberg, Julie Bort, Zach Nelson, Safra Catz, Jeff Henley, Retirement System of St Louis


Shifting Gears: How Uber, airlines, automakers, shippers, and cruise lines are bracing against the coronavirus

As the COVID-19 coronavirus spreads to more countries and wreaks havoc on financial markets around the world, it's also roiling global supply chains, air travel, logistics, and virtually every sector of the transportation economy.  Nearly everyone on the team has written about the effects of the novel virus on their beats, and today seems like an apt time to highlight those specific effects.  What parts of the coverage are lacking? What questions are you left with? Let me know at [email protected]
Tags: Asia, China, Singapore, Trends, Tesla, Moody, Japan South Korea, Geneva International Motor Show, Mark Matousek


Power Line: Tesla's solar slide, the fastest growing battery industries, and Shell's big bet on hydrogen

Hello, and welcome to Power Line, a weekly clean-energy newsletter from Business Insider.  Sign up here to get Power Line in your inbox every Friday. Most of our coverage is available exclusively to BI Prime subscribers. If you're looking for a discount on a subscription to BI Prime, click here.  Have a tip or feedback to share? Reach out to [email protected]  SolarCity was debt-ridden before Tesla bought it. How's it doing now?  In two words: Not great.  SolarCity was once the n...
Tags: Washington Post, Trends, Tesla, Iran, Arctic, Bp, Norway, Panasonic, Electric, Shell, Lux Research, JMP Securities, Sunrun, Lynn Jurich, Cowen, Jeff Osborne


Wondering about getting a job at SpaceX? Elon Musk says innovation is the main criterion

In a wide ranging discussion at the Air Warfare Symposium held by the U.S. Air Force, Elon Musk touched on some old and new themes, but one highlight of the discussion was the small window into hiring and firing practices at SpaceX — arguably one of the world’s most demanding engineering companies.  The company prides itself on innovation and for its chief executive officer, that apparently extends to the interview process itself. “[When we] i nterview people we ask for some evidence of except...
Tags: TC, Space, Spacex, Elon Musk, China, Tech, Tesla, United States, Ibm, Talent, Hiring, Musk, U S Air Force Elon Musk


Sunrun crushed Tesla in solar installations last year. A top executive reveals a key piece of the $2.2 billion company's strategy to widen its lead.

Tesla's primary rival in the rooftop solar industry is a little-known company called Sunrun, which is continuing to dominate the market. Sunrun deployed more than 400 megawatts of solar last year, while Tesla installed just 173. Business Insider talked to a top executive, who revealed two key parts of the company's growth strategy — promoting battery sales and partnering with utilities. Click here for more BI Prime stories. In the years before it was acquired by Tesla in 2016, SolarCity was t...
Tags: Elon Musk, California, La, US, NFL, Trends, Tesla, Solarcity, Bay Area, Lee, San Francisco Chronicle, Sunrun, Bill Johnson, Lynn Jurich, Jurich, LADWP


The Amazing Polestar Precept Concept Car

The Amazing Polestar Precept Concept Car abduzeedoFeb 27, 2020 Electric cars are the future, at least that’s what it looks like from all the amazing electric car companies and models being announced. I am a fan and the desire of having a Tesla keeps coming and going. Now Polestar announces this amazing concept car, the Polestar Precept and boy it’s a thing of beauty. Tiago Aiello shared some images on his Behance profile and I was blown away. Maybe I will ho...
Tags: Design, Tesla, Hummer, Tiago Aiello


Tesla shares slump as coronavirus hits China car registrations

Shares of Tesla Inc fell as much as 14% on Thursday on concerns about the impact of the coronavirus on the electric-car maker's vehicle registrations in China.
Tags: Money, China, Tesla, businessNews, Tesla Inc


Meet the 12 rising stars of autonomous vehicles building the future of self-driving cars and trucks

Meet the inaugural class of autonomous driving's rising stars. Business Insider's transportation team searched for the brightest young minds behind self-driving cars and trucks making significant strides in the fledgling industry despite — or in many cases thanks to — their relative youth. From drifting an autonomous DeLorean and modeling forest fires, to building ocean-exploring robots and winning international coding competitions, no rising star's background was the same. Dozens of nomination...
Tags: Apple, Google, Lyft, Uber, Australia, Stanford, Virginia, India, Trends, General Motors, Tesla, Cruise, Ford, Arizona, Oxford, Belarus


The 6 levels of autonomous driving, explained as fast as possible

Welcome to Shift Basics, a collection of tips, explainers, guides, and advice to keep you up to speed with mobility tech. Autonomous driving isn’t quite as clear cut as it sounds. Despite many vehicles claiming to have self-driving capabilities, they aren’t all the same. As it happens, the industry (Society of Automotive Engineers, SAE) has settled on separating self-driving cars into five classes or levels — six if you include cars that have no automation at all. [Read: These idiots shot a porn...
Tags: Startups, Elon Musk, Cars, Tech, Tesla, Artificial Intelligence, Shift, Society of Automotive Engineers SAE


Peloton instructors become Instagram stars, the influencer PR power list, and a TikTok famous cat

Welcome to this week's Influencer Dashboard newsletter! As you likely know, this is Amanda Perelli, and I'll be briefing you on what's new in the business of influencers and creators. First up, my colleague Dan Whateley and I highlighted the top 14 PR pros and publicists for YouTube creators, Instagram influencers, and other digital stars. With the rise of social-media influencers, top public relations firms have developed digital departments and now work with popular creators, particularly hel...
Tags: Google, Amazon, Facebook, New York, Instagram, Youtube, Germany, Boston, Massachusetts, Trends, Tesla, Sprint, Benefit Cosmetics, Ken Burns, Honda, Hulu


JetBlue is waiving fees for canceling or changing flights because of the coronavirus, the first US airline to do so for all routes

JetBlue is offering free flight cancellations or changes on all newly-booked flights, as people grow increasingly worried about traveling during the deadly coronavirus outbreak. JetBlue is the first US airline to offer such a policy on all routes, though some other airlines are offering similar conditions to people who booked flights to the worst-affected areas. The virus has now spread to at least 40 other countries, leading to fears of an industry slowdown. JetBlue said its policy applies to...
Tags: Asia, Hong Kong, Europe, China, US, Trends, Tesla, Iran, Antarctica, South America, State Department, Jetblue, Centers For Disease Control And Prevention, Cnbc, Joanna Geraghty, David Slotnick


Charge your Tesla and lower your electric bill with these solar blinds!

Renewable energy is our ticket to the future and the current climate crisis. From electric cars to sustainable tools, designers are changing the world for the better one product at a time. Joining that list are these Solar Blinds from SolarGaps that make your home smarter and your environment better. If you want to charge your Tesla without increasing your bill, this should be your first buy.Solar Blinds help you save on your energy costs and reduces your electric bill by 30% compared to convent...
Tags: Home, Design, Technology, Office, Lifestyle, Renewable Energy, Tesla, Carbon Emissions, Solar Energy, Appliances, Solar Panels, Solar Power, Interiors, Lighting, Solar Panel, Product Design


Tesla's Autopilot failed distracted driver, report says

The National Transportation Safety Boards says a driver of a Tesla Autopilot vehicle was playing a game on his phone moments before a fatal crash. It recommends tech companies should design measures that prevent cellphone use while driving.
Tags: Tech, Tesla, National Transportation Safety Boards


NTSB: Autopilot Partly to Blame for Fatal Tesla Crash; Video Game Was Playing on Driver’s Phone

A report from the National Transportation Safety Board concludes that a fallible driver-assist system, and the driver’s overreliance on it, were the main causes of a fatal March 2018 crash on US-101 in Mountain View, California. The violent crash of a Tesla Model X that killed a 38-year-old Apple software engineer is a perfect example […] The post NTSB: Autopilot Partly to Blame for Fatal Tesla Crash; Video Game Was Playing on Driver’s Phone appeared first on The Truth About Cars.
Tags: Safety, Government, US, Tesla, Autos, Reports, Tesla Model X, Ntsb, National Transportation Safety Board, Mountain View California, News Blog


Panasonic is ending its solar cell partnership with Tesla

Panasonic said it will stop producing solar cells and modules at Tesla’s factory in Buffalo, New York, ending a four-year joint venture with the electric automaker.  Nikkei Asian Review was the first to report that Panasonic planned to end its production agreement with Tesla. Panasonic has since issued an announcement to explain its decision. Tesla did not respond to a request for comment. Panasonic said it will cease solar manufacturing operations at the Tesla factory by the end of May. The c...
Tags: New York, Tech, Tesla, Automotive, Panasonic, Nevada, Buffalo, New York State, Gigafactory, Buffalo New York, Nikkei Asian Review, Maxwell Technologies, Empire State Development, Zemsky, Howard Zemsky, Tesla Panasonic


How Tesla failed to maintain a huge lead in residential solar, and why Elon Musk is unlikely to win it back

SolarCity dominated the rooftop solar industry in the years before it was acquired by Tesla in 2016. Now the firm, part of Tesla's energy business, has just 4.6% of the market share, according to the research firm Wood Mackenzie.  What happened? SolarCity was a huge solar installer, but was struggling financially when Tesla bought it. Tesla diverted resources away from SolarCity following the acquisition to focus on the Model 3, according to analysts interviewed for this story.  Elon Musk's fi...
Tags: Energy, Home Depot, Elon Musk, New York, California, US, Trends, Tesla, Walmart, Davis, Silicon Valley, Panasonic, Buffalo, Johnson, Osborne, Solarcity


How you can buy a discounted car with your Costco membership (COST)

The Costco Auto Program allows Costco members to buy discounted cars from participating dealerships. A wide variety of vehicle types and models are available to buy or lease. A Costco representative told Business Insider in 2018 that Costco members saved an average of over $1,000 off the average price of a vehicle when using the program. Visit Business Insider's homepage for more stories. Costco sells just about everything, so it's no surprise that the retailer can also help customers buy dis...
Tags: Amazon, Trends, Tesla, Wyoming, Costco, Business Insider, Aurora, Moody, Ford Raptors, Costco Auto Program, Costco Auto Program Costco, Costco Auto Program FAQ


Here are the diets of notable tech billionaires, from Mark Zuckergberg's 'kill what you eat' routine to Bill Gates' Diet Coke obsession

Billionaires may splurge on multi-million-dollar estates and luxury cars, but that doesn't mean they're digging deep in their wallets for the best and most expensive foods. Some tech billionaires are well known for their outrageous and unhealthy eating habits. These are some of the richest in the tech world who have spoken publicly about their diets. Visit Business Insider's homepage for more stories. Just because billionaires have the money to pay for pricey personal chefs or high-end health...
Tags: Apple, Amazon, Facebook, Mark Zuckerberg, Spacex, Elon Musk, Steve Jobs, New York City, Trends, Tesla, Daily Mail, Bill Gates, Mark Cuban, Reddit, Virgin Group, Richard Branson


The CEO of the Amazon-backed self-driving car startup Aurora explains why testing its tech on a computer is better than testing it in the real world

Aurora is developing software and hardware for autonomous vehicles with the goal of acting as a supplier to other companies, instead of making its own self-driving cars or ride-hailing service. Chris Urmson, the company's CEO, said using simulations and other virtual methods to test the company's tech is more useful than running tests on public roads. If you want to test a specific situation, you can repeat it more quickly in a computer than in the real world, Urmson said. But Aurora still doe...
Tags: Google, Amazon, Softbank, Trends, Tesla, Sequoia Capital, Hyundai, Cto, Business Insider, Fiat Chrysler, Chris Urmson, Aurora, Urmson, Blackmore, Google Tesla, Aurora Innovation


Tesla Autopilot crash driver died "playing video game"

Tesla calls it Autopilot, but it didn't help Walter Huang's Model X avoid the crash that killed him. Huang was playing a video game on his phone, according to a report issued by the National Transportation Safety Board, which is why he didn't notice it speeding up and veering into a concrete barrier. But it also wrote that more crashes are "foreseeable" if Tesla doesn't make changes to its driver-assist technology's design. While approaching a paved gore area dividing the main travel lanes of U...
Tags: Post, News, Cars, US, Tesla, California Highway Patrol, Audi, Department Of Transportation, Tesla Autopilot, Ntsb, Mazda, National Transportation Safety Board, Huang, Walter Huang


Panasonic to exit solar production at Tesla's NY plant as partnership frays

Panasonic Corp said it would exit solar cell production at Tesla Inc's New York plant, the latest sign of strain in a partnership where Panasonic's status as the U.S. electric vehicle (EV) maker's exclusive battery supplier is ending.
Tags: New York, Money, Tesla, businessNews, Panasonic, Ny, Panasonic Corp, Tesla Inc


10 things in tech you need to know today

Good morning! This is the tech news you need to know this Wednesday. . A spokesperson told Business Insider that Facebook will also take down ads which try to create a "sense of urgency" around the outbreak. Salesforce co-CEO Keith Block has stepped down from his role as co-CEO. Marc Benioff will again be the company's sole CEO, while Block will stay on as an adviser to him through February 25, 2021. Amazon is reportedly deleting some third-party listings that jack up surgical mask prices as ...
Tags: Google, Amazon, Facebook, US, Trends, Tesla, Airbnb, Louisiana, Foxconn, Expedia, Alexa, Marc Benioff, Block, National Transportation Safety Board, Amazon Alexa, Keith Block


Panasonic to exit solar cell production at Tesla's NY plant; ops unaffected, NY says

Panasonic Corp plans to exit solar cell production at Tesla Inc's New York plant, the latest sign of strain in a partnership where Panasonic's status as the U.S. electric vehicle (EV) maker's exclusive battery supplier nears its end.
Tags: New York, Money, Tesla, businessNews, Panasonic, Ny, Panasonic Corp, Tesla Inc




Panasonic poised to withdraw from solar cell production at Tesla's NY plant - sources

Japan's Panasonic Corp is considering pulling out of solar cell production at Tesla Inc's plant in New York, said people with direct knowledge of the matter, raising uncertainty over the U.S. firm's struggling solar business.
Tags: Japan, New York, Money, Tesla, businessNews, Panasonic, Ny, Panasonic Corp, Tesla Inc


How many times do we have to tell you? A Tesla isn't a self-driving car, say investigators after Apple man's fatal crash

'It's time to stop pretending they have driverless cars. Because they don't' The deadly crash of an Apple engineer's Tesla was down to the victim being overly trusting of the car's Autopilot software while distracted by his phone, America's National Transportation Safety Board (NTSB) concluded this week.…
Tags: Apple, America, Tesla, Software, National Transportation Safety Board NTSB


How many times do we have to say this? A Tesla isn't a self-driving car, say investigators after Apple man's fatal crash

'It's time to stop pretending they have driverless cars. Because they don't' The deadly crash of an Apple engineer's Tesla was down to the victim being overly trusting of the car's Autopilot software while distracted by his phone, America's National Transportation Safety Board (NTSB) concluded this week.…
Tags: Apple, America, Tesla, Software, National Transportation Safety Board NTSB


Tesla and regulators need to do more to prevent Autopilot deaths, safety agency says

The National Transportation Safety Board called for Tesla, regulators and others to improve the safety of automated driving technologies. The recommendations follow an investigation into the fatal crash of a distracted Tesla driver who was using the company's Autopilot system two years ago.
Tags: Tesla, Cnn, National Transportation Safety Board


Chris Lattner, the creator of Apple’s Swift, thinks that the smash-hit programming language is going to be a major force in AI development

Chris Lattner, the senior vice president of platform engineering at SiFive, started building the programming language Swift in 2010 when he still worked at Apple, and it's now used by companies like Lyft, Uber, Airbnb, and Square. Lattner said it was still too early to say if he would work with Swift at SiFive, but he is still involved in the Swift community. He says the future of Swift is in data science and machine learning. Visit Business Insider's homepage for more stories. When former Ap...
Tags: Apple, Google, Trends, Tesla, Silicon Valley, Swift, Business Insider, Lattner, Swift Swift, SiFive, Chris Lattner, Lyft Uber Airbnb, Lyft Uber Airbnb Square, Apple Lattner


Tesla Autopilot, Distracted Driving To Blame In Deadly 2018 Crash

Slashdot readers TomGreenhaw and gollum123 are sharing the findings from a National Transportation Safety Board (NTSB) investigation into a fatal Tesla Model X crash that occurred in 2018 near Mountain View, California. The agency says Tesla's Autopilot system and the driver's distraction by a mobile device were two of the probable causes of the crash. The Verge reports: The safety board arrived at those probable causes after a nearly two-year investigation into the crash. NTSB investigators als...
Tags: California, Tech, Tesla, CalTrans, Nhtsa, Ntsb, Huang, National Highway Traffic Safety Administration, Mountain View California, National Transportation Safety Board NTSB, Robert Sumwalt, Walter Huang