Federal authorities announced Thursday the arrest of a man in Alabama, accusing him of participating in the hack of the U.S. Securities and Exchange Commission X account earlier this year. Eric Council Jr. was indicted in connection with the SEC X account hack, which happened on January 9, when the account published a post falsely […]
VCs expect a surge in startups offering lower rate mortgages, other loans now that the Feds cut rates
When the U.S. Feds cut interest rates by half a percentage point last week, it was a dash of good news for venture capitalists backing one particularly beleaguered class of startups: fintechs, especially those that rely on loans for cash flow to operate their businesses. These companies include corporate credit card providers like Ramp or […]
Feds add nine more incidents to Waymo robotaxi investigation
Federal safety regulators have discovered nine more incidents that raise questions about the safety of Waymo’s self-driving vehicles operating in Phoenix and San Francisco. The National Highway Traffic Safety Administration Office of Defects Investigation (ODI) opened an investigation earlier this month into Waymo’s autonomous vehicle software after receiving 22 reports of robotaxis making unexpected moves […]
Tesla keeps cutting jobs and the feds probe Waymo
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! What a wild week for transportation news! It was a smorgasbord of news that seemed to touch every sector and theme in transportation, including tariffs on Chinese […]
Tesla Autopilot investigation closed after feds find 13 fatal crashes related to misuse
The National Highway Traffic Safety Administration closed a long-standing investigation into Tesla’s Autopilot driver assistance system after reviewing hundreds of crashes involving its misuse, including 13 that were fatal and “many more involving serious injuries.” At the same time, NHTSA is opening a new investigation to evaluate whether the Autopilot recall fix that Tesla implemented […]