Tech News from Simmons Systems (Page 739)

Tech News from Simmons Systems

Tesla Loses Veteran CFO Deepak Ahuja as Zach Kirkhorn Takes Over

Tesla experiences another shift in its finance department as longtime Chief Financial Officer Deepak Ahuja retires and hands the reins to vice president of finance Zach Kirkhorn.

Tesla Plans to Unveil Unique Electric Pickup Truck This Summer

Tesla CEO Elon Musk reveals that the company plans to show off a highly unique electric pickup truck in the summer. The vehicle promises heavy-duty power tools support and dynamic suspension capabilities.

Apple Revokes Facebook Developer Certificate Over Spyware Research App

Apple takes decisive action by revoking Facebook's Enterprise Certificate, effectively disabling the social giant's data-collecting Research app and internal employee tools.

Tesla Plans Feature to Automatically Dispatch Tow Trucks for Broken Cars

Tesla aims to improve its slow service times by developing a feature that automatically calls for a tow truck when a car detects a mechanical issue. The company is also overhauling its inefficient spare parts distribution system.

Instagram Stories Hits 500 Million Daily Users Amid Facebook App Overhaul

Instagram Stories reaches half a billion daily users while Facebook plans major product updates across its family of apps. The company also outlines a gradual shift toward unified, encrypted messaging and family-wide metrics.

Google Follows Facebook in Misusing Apple Enterprise Certificates for Data Collection

Google operates an app called Screenwise Meter that uses Apple's enterprise program to bypass the App Store and collect user data, mirroring Facebook's recently banned practices. Following scrutiny, Google disables the iOS app and admits the distribution method violates Apple's policies.

Thai Retail Giant Central Group Pours $200 Million Into Grab

Southeast Asian ride-hailing leader Grab secures $200 million from Thai retail conglomerate Central Group to strengthen its local operations and fend off rival Go-Jek.

Samsung Reports Steep Profit Drop Amid Slumping Chip and Smartphone Demand

Samsung Electronics experiences its largest quarterly profit decline in two years due to sluggish semiconductor and smartphone sales. The tech giant anticipates a continued downturn through the first half of 2019 before a potential recovery in the second half.

Tesla Announces 2020 Production Start for Model Y Electric SUV

Tesla confirms that volume production of its highly anticipated Model Y electric SUV begins by late 2020. The vehicle shares most of its components with the Model 3 to significantly reduce manufacturing costs.

Mozilla Introduces Customizable Anti-Tracking Controls in Firefox 65

Mozilla releases Firefox 65 with enhanced tracking protection and publishes an official anti-tracking policy to guide the browser's future blocking capabilities.

Instagram Stories Hits 500 Million Daily Users as Facebook Plans Feature Expansion

Half of Instagram's billion users now view Stories daily, while Facebook prepares to launch major product updates across its app family. The company also announces plans to unify messaging infrastructure and shift focus to family-wide metrics.

Brazilian Micromobility Startups Grin and Yellow Merge to Form Grow Mobility

Electric scooter startup Grin merges with Brazilian bike-share company Yellow to create Grow Mobility, a massive fleet operating across Latin America.

Altice Secures Majority Stake in French Streaming Service Molotov

Telecom giant Altice enters exclusive negotiations to acquire a 60 percent stake in popular French streaming startup Molotov. The strategic partnership provides Molotov with new resources for international expansion and content acquisition.