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Elon Musk U-turns on plan to take Tesla private

Elon Musk U-turns on plan to take Tesla private

Technology
Tesla founder Elon Musk has announced he no longer wishes to take his company private. Shares in the car and renewable energy manufacturer soared and then fell after Mr Musk tweeted on 7 August he intended to take the firm off the stock market.His initial move came after the company announced its biggest net loss to date of $ 717.5m (£547.6m) for its second quarter to June.Mr Musk, the firm's CEO and chairman, has faced growing criticism over his management style and whether the firm can deliver the volumes required to meet demand. The value of Tesla's stock has turned him into one of the world's richest men as investors have bet on its technology becoming increasingly valuable as the world switches from fossil fuels to renewables.In a statement made on the Tesla web...
Woman sues US border agents over seized iPhone

Woman sues US border agents over seized iPhone

Technology
An American woman who had her phone seized by border agents as she returned home to the United States is suing the country's border protection agency.Rejhane Lazoja was stopped at Newark airport, New Jersey, after returning from a trip to Switzerland in February.Her iPhone was seized by agents after she refused to unlock it for them.The lawsuit alleges that border agents took a copy of the data on her smartphone and failed to say whether it had been deleted.According to legal documents, US Customs and Border Protection (CBP) kept the phone for more than 120 days before returning it to Ms Lazoja.She alleges the agency failed to confirm whether it had taken a copy of her data, and whether that data had been shared with any other agencies.The smartphone cont...
Hybrid snakes with ability to live in various areas unexpectedly discovered: Study

Hybrid snakes with ability to live in various areas unexpectedly discovered: Study

Technology
While examining the invasive python population in Florida, researchers stumbled across the unexpected: a kind of hybrid super snake. A small number of the invasive pythons were found to be a crossbreed between two separate species, the Burmese and Indian pythons, and what's more is that this hybrid snake has the potential to thrive in new environments, according to a new study conducted by scientists with the United States Geological Survey (USGS). “We found that out of 400 Burmese pythons investigated, 13 had mitochondrial genetic signatures from the Indian python, a separate species,” Margaret Hunter, a research geneticist at USGS who led the study, told ABC News. Researchers were analyzing the tail tissue from roughly 400 Burmese pythons captured between 2001 and 2012 ...
Electric version of classic Jag to go into production

Electric version of classic Jag to go into production

Technology
Jaguar's classic E-type sports car is set to make a comeback with a new electric version approved to go into production. The E-type Zero, notably driven by Prince Harry as he whisked Meghan Markle away to their wedding reception earlier this year, will be available to buy from summer 2020.Carmaker Jaguar Land Rover (JLR) announced that Jaguar Classic - a unit of the British-based firm which restores vintage models - will convert E-types to electric power at its Classic Works facility in Coventry.Details on how much the revamped car could cost remains tightly under wraps for now. 1:42 ...
VW to launch all-electric car sharing in Berlin

VW to launch all-electric car sharing in Berlin

Technology
Volkswagen says it's launching an all-electric car sharing service in Berlin using its battery powered Golf and Up! models as it seeks to build a business serving people in big cities who don't own cars. The company said Thursday that it planned to expand its We Share project to big cities in Europe and North America by 2020. Volkswagen said it would deploy 2,000 of the compact cars in the first months of next year to build visibility and ensure that there are enough cars available that customers could always find one near them. It said Berlin was ideal because it was big and densely populated. Volkswagen and other global automakers are investing in new business models that offer cars as something to be used when needed rather than owned.Let's block ads! (Why?) ABC News: Technology