Rivian’s 2025 deliveries slip below expectations as EV demand pressure persists

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Grok says safeguard lapses led to images of ‘minors in minimal clothing’ on X

Screenshots shared by users on X showed Grok’s public media tab filled with images that users said had been altered when they uploaded photos and prompted the bot to alter them.”There are isolated cases where users prompted for and received AI images depicting minors in minimal clothing,” Grok said in a post …

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Rivian’s 2025 deliveries slip below expectations as EV demand pressure persists

The tally could leave investors focused on the pace of demand as Rivian seeks to improve profitability on the sale of vehicles. The company has been pushing through efficiency measures at its Illinois plant and is simplifying components to cut material and manufacturing costs as it tries to narrow losses with …

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Tesla loses EV crown to China’s BYD as competition, tax credit expiry hit demand

Jan 2 (Reuters) – Tesla ceded its crown as the world’s top electric vehicle maker to China’s BYD, after annual sales fell for a second year, hit by rising competition, the expiry of U.S. tax credits and brand backlash.With global EV sales rising 28% last year, BYD outsold Tesla for the first time on an annual …

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U.S. grants TSMC annual licence to import U.S. chipmaking tools into China

SEOUL, Jan 1 (Reuters) – The U.S. government has granted an annual licence to Taiwan Semiconductor Manufacturing to import U.S. chip manufacturing equipment to its facilities in Nanjing, China, the chipmaker said on Thursday.The approval “ensures uninterrupted fab operations and product deliveries,” the compa …

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Luxury retailer Saks Global CEO Marc Metrick steps down as bankruptcy looms

The change at the top comes days after the Wall Street Journal reported that the Neiman Marcus parent company is preparing for bankruptcy after missing an interest payment exceeding $100 million on debt from its Neiman merger.Saks Global was created after Saks Fifth Avenue parent Hudson’s Bay Company acquired …

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