Toyota Motors’ trucking unit has agreed to plead guilty to criminal charges and pay $1.6 billion in civil and criminal penalties for fraudulently concealing excess emissions from diesel engines sold in the United States, the Environmental Protection Agency said Wednesday. For more than a decade, Hino Motors, a Toyota subsidiary, submitted false testing data to…
Jakub Porzycki | Nurphoto | Getty Images Business moguls such as Elon Musk should be prepared to spend tens of billions of dollars for TikTok’s U.S. operations should parent company ByteDance decide to sell. TikTok is staring at a potential ban in the U.S. if the Supreme Court decides to uphold a national security law…
The World Artificial Intelligence Conference in Shanghai in July 2023. Aly Song | Reuters Alibaba is cutting prices on its large language models by up to 85%, the Chinese tech giant announced Tuesday. The Hangzhou-based e-commerce firm’s cloud computing division, Alibaba Cloud, said in a WeChat post that it’s offering the price cuts on its…
By Mike Stone L3Harris unit making rocket motors used in Ukraine says business has surged HUNTSVILLE, Alabama, – L3Harris Technologies’ subsidiary Aerojet Rocketdyne has doubled its monthly production of motors for GMLRS rockets that are heavily used in Ukraine, a company executive said on Tuesday, as global demand surges to supply Kyiv and to rebuild…
