Latest Technology News

Tesla hikes price of Model Y after US alters tax credit rule

Feb. 04, 2023 12:25 PM EST

DETROIT (AP) — Tesla has raised prices on its Model Y in the U.S., apparently due to rising demand and changes in U.S. government rules that make more versions of the small SUV eligible for tax credits. The Austin, Texas, electric vehicle company bumped up the price of the Model Y...

Jury: Musk didn't defraud investors with 2018 Tesla tweets

Feb. 03, 2023 20:39 PM EST

SAN FRANCISO (AP) — A jury on Friday decided Elon Musk didn’t defraud investors with his 2018 tweets about electric automaker Tesla in a proposed deal that quickly unraveled and raised questions about whether the billionaire had misled investors. The nine-member jury reached its...

Skull found in '97 in remote Alaska belongs to New York man

Feb. 03, 2023 20:31 PM EST

JUNEAU, Alaska (AP) — A skull found in 1997 in a remote part of Alaska's Interior belongs to a New York man whose death was likely caused by a bear mauling, according to the Alaska State Troopers. Investigators used genetic genealogy to help identify the remains as those of Gary...

Feds say cyberattack caused suicide helpline's outage

Feb. 03, 2023 20:15 PM EST

WASHINGTON (AP) — A cyberattack caused a nearly daylong outage of the nation's new 988 mental health helpline late last year, federal officials told The Associated Press Friday. Lawmakers are now calling for the federal agency that oversees the program to prevent future attacks. ...

Ford returns to Formula One in partnership with Red Bull

Feb. 03, 2023 19:38 PM EST

Formula One's booming popularity in the United States has lured another American brand to the series as Ford said Friday it would return to the globe-trotting series as the engine provider for Red Bull Racing. The partnership begins with immediate technical support this season, but...

Jury clears of Elon Musk of wrongdoing for 2018 tweets in which he declared he had financing to take Tesla private

Feb. 03, 2023 17:59 PM EST
SAN FRANCISCO (AP) — Jury clears of Elon Musk of wrongdoing for 2018 tweets in which he declared he had financing to take Tesla private.

Google, Apple, Amazon give investors reason to fret

Feb. 03, 2023 17:06 PM EST

Wall Street had its eyes Friday on big tech after some of the biggest companies in the world posted lackluster quarterly financial performances. That included Apple Inc. The company posted its first quarterly revenue drop in nearly four years after pandemic-driven restrictions on...

Ford, Starbucks fall; Clorox, Gilead Sciences rise

Feb. 03, 2023 16:42 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Ford Motor Co., down $1.09 to $13.12. The automaker reported disappointing fourth-quarter earnings and said its costs are too high. Inc., down $9.52 to...

Treasury makes more electric SUVs eligible for tax credits

Feb. 03, 2023 16:16 PM EST

WASHINGTON (AP) — The Treasury Department said Friday it is making more electric vehicles — including SUVs made by Tesla, Ford and General Motors — eligible for tax credits of up to $7,500 under new vehicle classification definitions. The revised standards for EV tax credits...

Major Florida hospital hit by possible ransomware attack

Feb. 03, 2023 15:45 PM EST

TALLAHASSEE, Fla. (AP) — A major hospital system in northern Florida said Friday it is diverting some emergency room patients and canceling surgeries after a security problem with information technology. Tallahassee Memorial HealthCare said the issue began effecting its systems...