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Tesla has started taking orders for its innovative new solar roof, tile-sized solar panels that the company unveiled back in October last year. Coming from the makers of supercar-speed electric vehicles and reusable rockets, they’re not your ordinary solar panel: they’re aesthetically pleasing and won’t require ripping off existing tiles inside the home for installation. The Solar Roof, Tesla’s first post-SolarCity acquisition offering, is expected to sell […]

By Hyunjoo Jin | YONGIN, South Korea YONGIN, South KoreaSouth Korean engineer Kim Gwang-ho flew 11,000 km (7,000 miles) to Washington last year to do something he never dreamed he would: he reported alleged safety lapses at Hyundai Motor Co – his employer of 26 years – to U.S. regulators. Citing an internal report from Hyundai’s quality strategy team to management, Kim told the U.S. National Highway […]

In November, Mr. Sadeghi gave a speech in Parliament accusing the head of the judiciary, Sadegh Amoli-Larijani, of maintaining a secret bank account to collect diverted public funds. After the speech, representatives of the judiciary tried to arrest him, but were stopped when dozens of people gathered in front of his house to protect him. Continue reading the main story Nevertheless, change for Mr. Sadeghi and many […]

More than 120 traditional dhows retraced a centuries-old pearl diving route off the coast of the United Arab Emirates on Sunday for an annual boat race. The “Al-Gaffal” race, Arabic for “The Return”, traces the path pearl-divers would take on their return home from a day at sea. The wooden dhows with billowing white sails made the 51.3 nautical mile (95-kilometre) journey from the island of Sir […]

Model-of-the-moment Winnie Harlow will walk the runway during Arab Fashion Week at The Meydan Hotel in Dubai this week. The 22-year-old Canadian, who has the depigmenting skin condition vitiligo, is one of many famous figures taking part in the event, which runs from ­tomorrow until Saturday. “Cardi B, the American influencer and hip-hop artist, will be flying in,” says Jacob Abrian, chief executive of the Arab Fashion […]

The presence of just a few autonomous vehicles can eliminate the stop-and-go driving of the human drivers in traffic, along with the accident risk and fuel inefficiency it causes, according to new research. The finding indicates that self-driving cars and related technology may be even closer to revolutionizing traffic control than previously thought. (via WSJ)

Where will self-driving cars go once they drop you off? In big cities, parking can be expensive and take forever to find. But TechCrunch Disrupt NY hackathon team Val.ai built a way for autonomous vehicles to participate in auctions for nearby parking spaces. When a self-driving car needs to park itself, it can submit real-time bids for local spots occupied by others. If a currently parked car […]

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When we looked at subprime auto delinquencies most recently, we found some troubling trends: first, in February, we showed that 61+ day delinquencies in General Motors’ subprime securitization book would support a rather bleak thesis for future auto sales, and specifically the demand side of the equation, with January 2017 delinquency rates soaring to the highest levels since late 2009/early 2010.  Ironically, this hasn’t stopped lenders from […]

13 May 2017 Riyadh – Etihad Etisalat (Mobily) represented by its Channel Sales Dept, and in collaboration with its partners (Mishbah Co – AlHadad Co – Qanawat Co – Safari Co – Digico) honored distinguished wholesale point of sales in a ceremony held recently at Novotel Al Anoud Hotel in Riyadh with the presence of Mobily top management and Heads of Mobily partners. This comes out of […]

Elon Musk has an ambitious goal to decongest traffic through underground tunnels and he’s now shared footage of the project, but tread lightly. The video comes with a warning that it might trigger seizures or cause motion sickness. It shows a test run of an electric sled that would swiftly move cars through the tunnels at 125 mph (200 km/h), automatically shifting from one tunnel to another. […]

UAE residents, many of whom face a long commute each day, turn to a tried and tested wake-up option to supplement their morning coffee. It features a solid base of upbeat tunes, a dash of local news, a spoonful of friendly banter and a sprinkling of competitions – which together make up the potent concoction we call breakfast radio. For many listeners, it is what makes the […]

Romero Rodrigues Contributor Romero Rodrigues is a managing partner at Redpoint eVentures, the Brazilian-focused arm of the Silicon Valley venture firm Redpoint. More posts by this contributor: Fintech is booming around the world. Global investments in fintech companies have continued to rise during the last two years. After international financing for fintech startups hit $19 billion in new funding rounds at the end of 2015, the volume […]

Good morning. Here’s our morning roundup of all the media news you need to know. Want to get this briefing in your inbox every morning? Subscribe here. It’s unclear where to start with President Trump’s interview with NBC’s Lester Holt that left the White House second-string spokesperson on a precipice better associated with the Flying Wallendas. “Trump’s account flatly contradicts the White House’s initial account of how […]

At the end of April, Dubai added yet another acquisition to its steadily growing list of attributes. No longer just a city, an emirate, a tourist destination or even home to the world’s tallest building, the city now also has its own official typeface, the Dubai font. The product of a two-year partnership between the Dubai Executive Council, the computer giant Microsoft and Monotype, the owner of […]

By Nick Carey | ORWELL, Ohio ORWELL, Ohio Three years ago if a customer walked onto Dan Reel’s used car lot seeking a late-model off-lease Ford Escape, his answer was short: tough luck. The supply of lightly-used cars and trucks was tight because automakers had drastically cut back on bargain leases during and after the Great Recession. Recently, though, a computer search for available used vehicles within […]

Nuclear radiation concerns are up at the Hanford Nuclear Reservation facility in the United States where an underground tunnel collapsed. The site has been functioning as a depository of radioactive nuclear waste since 1980. The nuclear waste removal at the site has been costing more than $2 billion a year and is supposed to go on until 2040. The facility contains 56 million gallons of nuclear waste stored […]

Verizon had a bidding war with AT&T over Straight Path Communications and it just sealed the deal, acquiring the company for more than $3 billion. More specifically, Verizon outbid AT&T and agreed to pay $184 per share in an all-stock transaction, amounting to $3.1 billion in total. The bidding war started when AT&T offered $95.63 per share, but Verizon raised and AT&T folded. Verizon Outbid AT&T “[T]he […]

In this Wednesday, Sept. 14, 2016, file photo, a self-driving Uber car stops at a red light on Liberty Avenue through the Bloomfield neighborhood of Pittsburgh. In just a few years, well-mannered self-driving robotaxis will share the roads with reckless, law-breaking human drivers. The prospect is causing migraines for the people developing the robocars and is slowing their development. But experts say eventually the cars will coexist […]

A thief, your kids skipping school or paranormal activity? That’s the question that Lighthouse aims to answer with its new interactive assistant. By combining sophisticated sensors with computer vision technology, the Lighthouse team hopes to deliver an experience that brings more day-to-day value than a mere home security solution. Coming out of Stealth today, the company is equipped with $17 million in venture capital financing from Eclipse Ventures, Playground Global, […]

There can’t be many global brands that have the means, or even the inclination, to shut down an entire city block in Los Angeles – but that is precisely what Hermès did earlier this year. As part of its touring spring/summer 2017 men’s collection, for one night, Hermès transformed a forgotten warehouse in Los Angeles into DwnTwnMen LA, an interactive exhibition, fashion show venue and art space. […]

Leisure The Dubai Police has added another high-tech vehicle to its fleet: a BMW i3. With a top speed of 150kph, it’s not going to be involved in any high-speed chases. But the small hatchback wins in the emissions department: it’s fully electric. Painted in green and white, the car was on display at an event in DIFC today. It’s part of a plan to ensure 10% […]

BT’s own goals cost the boss dearly. FT Opening Quote, with commentary by Matthew Vincent, is your early Square Mile briefing. You can sign up for the full newsletter here. Two months ago, all Paris St Germain had to do to reach the quarter finals of the European Champions League was not concede three goals in the final 2 minutes of their match against Barcelona. Barcelona’s ensuing […]

Domino’s DRU autonomous robot (Image: Domino’s) Domino’s has announced that its autonomous delivery vehicle is now operating commercially, delivering pizzas to customers in Hamburg, Germany. The robot delivery system was created in partnership with Starship Technologies, a European startup founded by two of Skype’s co-creators Ahti Heinla and Janus Friis in 2014. “Robotic delivery units will complement our existing delivery methods, including cars, scooters, and e-bikes,” Don […]

Driverless vehicles will likely be too cautious around humans, giving them the right of way in every circumstance, possibly creating new traffic problems. The benefits of driverless cars have been discussed repeatedly: road safety, a decrease in traffic, and the ability for those with disabilities to get around more easily, just to name a few. But as with most emerging […]

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