GM to update Cruise software so self-driving cars stop if a pedestrian is pinned underneath

Tech Insider
A Cruise driverless robotaxi at an intersection in San Francisco.
GM's Cruise unit is recalling 950 cars to update their software following an accident in San Francisco in which a pedestrian was dragged about 20 feet.

Tayfun Coskun/Anadolu Agency via Getty Images

  • General Motors' Cruise unit is recalling 950 of its self-driving cars for a software update.
  • A Cruise self-driving car dragged a pedestrian about 20 feet on a San Francisco street in October.
  • California

WeWork's bankruptcy is the beginning of a broader collapse in zombie companies, Wall Street veteran says

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wework building facade
There are hundreds of zombie companies that risk facing the same fate as WeWork, according to one investment research firm manager.

Reuters / Kate Munsch

  • WeWork marks the start of the zombie company collapse, according to New Constructs' David Trainer.
  • The coworking giant recently filed for bankruptcy after shares plunged more than 99% in value.
  • There are likely hundreds of zombie companies that

Protesting the Ukraine war is banned in Russia, so young people are sabotaging trains and railroad tracks instead: UK intel

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Russia's President Vladimir Putin and Moscow's mayor Sergey Sobyanin (R) sit in a train as they attend a ceremony to launch the Line D3 of the Moscow Central Diametres (MCD) suburban railway network in Moscow on August 17, 2023.
Russian President Vladimir Putin on a train before the launch the Line D3 of the Moscow Central Diametres suburban railway network on August 17, 2023.

KRISTINA KORMILITSYNA/POOL/AFP via Getty Images

  • Activists against Russia's war with Ukraine have been sabotaging railways, UK intel said.
  • The protest method has been causing problems for Russia authorities, British intelligence said. 
  • As protesting is

A third of GDPR fines for social media platforms linked to child data protection

TNW News

It’s been a little over five years since the GDPR came into effect and fines keep amassing — especially for social media platforms. New research by Dutch VPN company Surfshark has found that, since 2018, five of the most popular social media (Facebook, Instagram, TikTok, Whatsapp, and X/Twitter) have been fined over €2.9bn for violating the EU’s data protection law. Facebook alone accounts for

Ikea launches its first smart LED strip at the right price

The Verge
A collage of two images — the light strip coiled on a surface and shining gold and the light strip outlining the back of a book shelf, in green.
The Ormanäs RGB LED smart light strip looks like it has the right balance of features. | Images: Ikea

Ikea launched the Ormanäs, its first smart RGB LED light strip, in the Netherlands. The news comes by way of Dutch tech site Tweakers, which notes that the Ormanäs is a four-meter, or roughly 13-foot, dimmable Zigbee affair for €29.99 (about $32) that works with the company

WhatsApp can now hide your IP address during calls for added security

The Verge
An image showing the new “protect IP address” setting in WhatsApp.
Image: WhatsApp

Calls on WhatsApp are (optionally) getting even more secure for the app’s most privacy-minded users. As outlined in this blog post, WhatsApp just added a new “protect IP address in calls” toggle to its settings that shields your IP from whoever’s on the other side of a call. When activated, calls will be relayed through Meta / WhatsApp servers, thus

CHART OF THE DAY: US bank stocks hit all-time low relative to the S&P 500 as bond crash weakens balance sheets

Tech Insider
bank stocks

Bank of America

  • US bank stocks hit an all-time low relative to the S&P 500, according to Bank of America.
  • The recent underperformance of bank stocks comes amid a bond crash that has weakened balance sheets.
  • Other factors hurting banks include government regulations and a period of low interest rates.

Our Chart of the Day is from Bank of America, which shows that US bank stocks hit an all-time low

The 7 types of accounts you need to accelerate your wealth, according to a financial adviser

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Our experts answer readers' investing questions and write unbiased product reviews (here's how we assess investing products). Paid non-client promotion: In some cases, we receive a commission from our partners. Our opinions are always our own.

jeff rose
Jeff Rose.

Courtesy Jeff Rose

  • If you have all or most of your money in a single investment account, you're missing opportunities to build wealth.
  • One of the