Federal Probe Targets Possible Defect in 1.2 Million of Tesla’s Most Popular Models
A suspension component detachment in 1.2 million Tesla Model 3 sedans and Model Y SUVs is under federal investigation after 156 complaints reported loss of steering control. The National Highway Traffic Safety Administration initiated the probe following these reports of the defect affecting steering capability.
Read full story →Zynga’s founder shares 6 mindsets for building billion-dollar products
Mark Pincus identifies six mindsets for building successful products, emphasizing that staying playful, testing ideas without attachment, and remaining grounded in purpose improve chances of creating lasting products. He describes "life at the speed of play" as a light, fun approach to turning ideas into products, enabled by advances in AI, robotics, and automation.
Amazon has $600 million in tariff refunds—and some of it is headed to customers
Amazon received approximately $600 million in tariff refunds in Q2 after the Supreme Court ruled previous import taxes illegal. The company will issue refunds to customers in limited circumstances where they bore tariff costs, while using remaining refunds to invest in lower prices.
New York sues Kalshi, calling it an ‘illegal gambling operation’
New York sued prediction market platform Kalshi, alleging it operates as an illegal gambling operation including sports wagering and seeking billions in damages and profit forfeiture. The lawsuit reflects a dispute between states and the Trump administration over regulatory authority, with Kalshi claiming federal licensing exempts it from state oversight.