Tesla Gets an Endorsement From UPS, and Vine founders in Hot Water
Tesla gets its biggest order yet for its yet-unveiled semi-trucks, with UPS pre-ordering 125 of the all-electric big-rigs. The deal brings the total number of orders to 410, according to Reuters, with Wal-Mart, Pepsi, and J.B. Hunt also on board.
And Vine's founders have trouble with their new project, as allegations of "creepy" behavior towards women have made it hard to raise additional funding. The two-month-old HQ Trivia app has gained a huge following since its launch. It was hoping to get a valuation of $100 million.
Plus the U.S. officially places the blame on this year's WannaCry cyberattack on North Korea, and Uber's Indian rival Ola buys FoodPanda's delivery service in the country.
Kraft Heinz is splitting into two companies a decade after they joined in a massive merger that created one of the biggest food companies on the planet. One of the companies will include brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese. The other will include brands like Oscar Mayer, Kraft Singles and Lunchables. When the company formed in 2015 it wanted to capitalize on its massive scale, but shifting tastes complicated those plans, with households seeking to introduce healthier options at the table. Kraft Heinz's net revenue has fallen every year since 2020.
About 780,000 pressure washers sold at retailers like Home Depot are being recalled across the U.S. and Canada, due to a projectile hazard that has resulted in fractures and other injuries among some consumers.
President Donald Trump has fired one of two Democratic members of the U.S. Surface Transportation Board to break a 2-2 tie ahead of the board considering the largest railroad merger ever proposed.
Ford is recalling more than 355,000 of its pickup trucks across the U.S. because of an instrument panel display failure that’s resulted in critical information, like warning lights and vehicle speed, not showing up on the dashboard.
