Kalakshar US

Honda and Nissan are reportedly set to discuss a merger. The Japanese publication Nikkei said the two automakers plan to sign a memorandum of understanding to sort out shared equity stakes in a new holding company for the consolidated rivals.

The potential merger would combine the assets of Japan’s second- and third-biggest automakers, giving them a better shot of competing with the nation’s market leader, Toyota. Bloomberg adds that it would also put them in a better position against Tesla and Chinese EV makers. Nikkei says Mitsubishi could join the talks later.

Earlier this year, Honda and Nissan said they would work together on software development, batteries and other EV components. That “combine-and-compete” alliance followed Toyota’s acquisition of stakes in Subaru, Suzuki and Mazda. With today’s news that the pair are ready to take the next step, the landscape is clearly heading toward fewer (but bigger) legacy automakers competing for customers.

Bloomberg also reported on Tuesday that Honda is stepping up production of hybrid vehicles as demand for electric / gas vehicles remains high outside of China. The automaker is aiming to double its annual hybrid sales by 2030. “The goal is still to become carbon neutral by 2050, but demand for hybrids will remain high for the foreseeable future,” Honda Chief Officer Katsuto Hayashi said on Sunday. “We see most of that growth happening in North America.”

Speaking of North America, US President-elect Donald Trump reportedly plans to reverse President Biden’s EV policies. His transition team is said to have recommended ending government support for EVs and charging stations and focusing instead on blocking cars, components and battery materials sourced from China. Climate scientists have warned that transitioning from gas-powered to electric vehicles is necessary to reduce carbon emissions and head off the most catastrophic projections for our planet.

This article originally appeared on Engadget at https://www.engadget.com/transportation/honda-and-nissan-reportedly-open-merger-talks-205454769.html?src=rss 

Not content with meddling in politics, Elon Musk’s next venture is an attempt to reimagine the United States’ education system. The South African billionaire is now funding a Texas preschool called Ad Astra, which recently received a state permit to educate up to 21 students. The Montessori private school’s website states that it is open to students aged three to nine, however an in-depth report from Bloomberg said that there are no signs of children or teachers yet at the facility.

The school is located outside of Bastrop, Texas, which is becoming a hub for Musk-owned businesses. The Boring Co. tunneling business is based close by, as is a production site for SpaceX Starlink satellites. Construction is also happening in the area for a building owned by X, formerly Twitter. 

Bloomberg noted that Musk has frequently had educational offerings, sometimes with the same Ad Astra name, attached to his businesses, so this new preschool could be meant for the children of his employees. A job posting for an instructor at Ad Astra reads: “While their parents support the breakthroughs that expand the realm of human possibility, their children will grow into the next generation of innovators in a way that only authentic Montessori can provide.” 

Musk was a vocal and financial supporter of Donald Trump’s 2024 presidential campaign, and both have made comments disparaging recent diversity, equity and inclusion initiatives in education.

He’s hardly the first tech figurehead to apply his opinions on education onto US schools. Mark Zuckerberg tried to personalize the experience with Summit Learning. Jeff Bezos put his name and resources into a series of preschools. And Bill Gates has a long history of proposing ideas for public education that yielded dubious improvements for students, such as charter schools and the Common Core State Standards.

This article originally appeared on Engadget at https://www.engadget.com/big-tech/elon-musk-is-opening-a-preschool-near-his-texas-business-operations-211430042.html?src=rss 

Elon Musk and SpaceX are under three federal reviews from three different US military departments for allegedly failing to comply with reporting protocols. The New York Times reported that Musk and his private aerospace company have repeatedly disregarded requirements to disclose trips and meetings with foreign leaders including Russian President Vladimir Putin.

The three reviews of Musk and SpaceX’s suspected activity were opened by the Defense Department’s Office of Inspector General, the Air Force and the Pentagon’s Office of the Under Secretary of Defense for Intelligence and Security. The Air Force also reportedly denied Musk’s request for high-level security access because of concerns over potential security risks if he were allowed to handle certain pieces of classified information.

Some SpaceX workers with knowledge of the reviews expressed their concerns to the Times about Musk’s ability to handle sensitive data when he posts openly about meetings on his X account. He already has top-security clearance at SpaceX that allows him to view certain pieces of classified material such as information on the US’ advanced military technology. Musk is required to disclose certain details about his personal life and travel habits to the Defense Department but some employees allege that he and his company have failed to meet those requirements as far back as 2021.

Sources also told the newspaper that Musk allegedly failed to provide department officials with his full itinerary including meetings with foreign leaders. He also may not have provided reports on his personal and prescription drug use as part of his vetting procedure even though he smoked marijuana with Joe Rogan on his The Joe Rogan Experience podcast and talked about microdosing ketamine on his X page. and with former CNN anchor Don Lemon.

America isn’t the only country concerned about Musk’s ability to keep a lid on classified information. Nine other countries “including in Europe and the Middle East,” raised security concerns about Musk sitting in meetings with US defense officers over the past three years, according to The New York Times. Employees who were concerned about the lax reactions to these vetting requirements failed to report the behavior out of fear of losing their jobs.

This article originally appeared on Engadget at https://www.engadget.com/big-tech/elon-musk-spacex-reportedly-under-federal-review-for-undisclosed-meetings-with-foreign-leaders-213817035.html?src=rss 

Nima Momeni has been found guilty of second-degree murder in the death of notable fintech figure Bob Lee. Momeni, an IT consultant and entrepreneur, faces 16 years to life in prison. Best known as the creator and founder of Cash App, Lee was fatally stabbed in April 2023 in San Francisco. Momeni was arrested as a suspect nine days later. 

The autopsy report revealed that Lee was under the influence of cocaine, alcohol and ketamine at the time of his death. He had been in the company of Momeni and his sister, Khazar Momeni, that night. Prosecutors argued that Mr. Momeni attacked Lee on the street after discovering that an associate of Lee’s had drugged and assaulted Ms. Momeni. Momeni’s legal team said he acted in self-defense and was unaware that Lee was injured in their altercation.

Most recently, Lee had been the chief product officer for cryptocurrency operation MobileCoin. He had previously held an executive position at Square and played a role in developing the Android mobile operating system at Google.

This article originally appeared on Engadget at https://www.engadget.com/consultant-found-guilty-in-murder-of-cash-app-founder-bob-lee-192430902.html?src=rss 

Workers at two of Amazon’s warehouses in New York City are set to go on strike after the company failed to come to the bargaining table by a December 15 deadline. Unionized workers at the JFK8 facility on Staten Island and DBK4 depot in Queens voted “overwhelmingly” to authorize strikes in protest against “Amazon’s illegal refusal to recognize their union and negotiate a contract addressing the company’s low wages and dangerous working conditions,” according to the International Brotherhood of Teamsters (IBT). Engadget has contacted the Teamsters and Amazon Labor Union (ALU) for more details about the strikes.

The workers at JFK8 were the first in the US to unionize at an Amazon warehouse. They organized under the ALU, which this June partnered with the Teamsters. The union now known as ALU-IBT Local 1 represents around 5,500 warehouse workers at JFK8.

“Our members are ready to do whatever it takes to get a contract,” Connor Spence, president of ALU-IBT Local 1, said in a statement. “While Amazon continues to disrespect us by refusing to listen to our concerns, our movement is only growing stronger.”

As for DBK4 — which the Teamsters say is Amazon’s biggest delivery station in NYC — workers there voted almost unanimously for strike authorization. Meanwhile, workers at the DIL7 delivery depot in Skokie, Illinois, also voted “overwhelmingly” to approve a strike. The Teamsters represent hundreds of workers at that station as well. “Amazon is one of the biggest companies on Earth, but we are struggling to pay our bills,” Riley Holzworth, a DIL7 worker, said in a statement.

Amazon has lodged legal challenges against the union election win at JFK8, but it has been unsuccessful in its efforts to overturn results thus far. The company has appealed a ruling by the National Labor Relations Board that certified the union. As ABC News reports, workers claim that Amazon is using the challenges as a tactic to illegally delay union contract talks.

“For more than a year now, the Teamsters have continued to intentionally mislead the public — claiming that they represent ‘thousands of Amazon employees and drivers’. They don’t, and this is another attempt to push a false narrative,” Amazon spokesperson Eileen Hards told ABC News. “The truth is that the Teamsters have actively threatened, intimidated, and attempted to coerce Amazon employees and third-party drivers to join them, which is illegal and is the subject of multiple pending unfair labor practice charges.”

News of the impending strike comes just after a Senate committee released a report regarding an investigation into safety at Amazon facilities. The Senate Committee on Health, Education, Labor and Pensions claimed the company ignored internal research indicating that there was a high level of injury rates at its warehouses.

This article originally appeared on Engadget at https://www.engadget.com/big-tech/amazon-workers-at-two-nyc-warehouses-are-set-to-go-on-strike-175236558.html?src=rss