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Re: Business/Markets/Stocks/Economics Random, Random

#526

Post by ti-amie »

nixCraft 🐧
@nixCraft
OpenAI has just fired Sam Altman as CEO and removed him from the Board of Directors. This seems like a serious matter. He seems to be hiding something big from the Board, and now they fired him. https://openai.com/blog/openai-announc

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Re: Business/Markets/Stocks/Economics Random, Random

#527

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Exclusive: Apple to pause advertising on X after Musk backs antisemitic post

Ina Fried, author of Axios AI+

Apple is pausing all advertising on X, the Elon Musk-owned social network, sources tell Axios.

Why it matters: The move follows Musk's endorsement of antisemitic conspiracy theories as well as Apple ads reportedly being placed alongside far-right content. Apple has been a major advertiser on the social media site and its pause follows a similar move by IBM.

The big picture: Musk faced backlash for endorsing an antisemitic post Wednesday, as 164 Jewish rabbis and activists upped their call to Apple, Google, Amazon and Disney to stop advertising on X, and for Apple and Google to remove it from their platforms.

The left-leaning nonprofit Media Matters for America published a report Thursday that highlighted Apple, IBM, Amazon and Oracle as among those whose ads were shown next to far-right posts.
State of play: Musk posted to X on Wednesday "[y]ou have said the actual truth" in response to an X post that claimed Jewish communities support "dialectical hatred against whites."

That drew widespread condemnation, including from the White House. "It is unacceptable to repeat the hideous lie behind the most fatal act of Antisemitism in American history at any time, let alone one month after the deadliest day for the Jewish people since the Holocaust," White House spokesperson Andrew Bates said in a statement.
Meanwhile, X CEO Linda Yaccarino said in a Thursday post that the company has been "extremely clear about our efforts to combat antisemitism and discrimination," adding: "There's no place for it anywhere in the world — it's ugly and wrong. Full stop."

What they're saying: An X executive told Axios on Thursday night that the company "did a sweep on the accounts that Media Matters found and they will [no] longer be monetizable" and that the specific posts it highlighted will be labeled "Sensitive Media."

"The X system is not intentionally placing a brand actively next to this type of content, nor is a brand actively trying to support this type of content with an ad placement," the executive continued in the emailed statement.

X did not immediately respond to a request for comment about Apple's decision.
What to watch: This could be the start of an advertising exodus. Lions Gate Entertainment is also pulling all advertising from X, a spokesperson confirmed to Axios.

https://www.axios.com/2023/11/17/apple- ... mitism-ads
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Re: Business/Markets/Stocks/Economics Random, Random

#528

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Disney and Lionsgate halt advertising on X
Brian Fung Clare Duffy
By Brian Fung, Clare Duffy and Samantha Delouya, CNN

Updated 6:47 PM EST, Fri November 17, 2023

CNN

Disney said it has suspended advertising on X, the platform formerly known as Twitter.

The decision by one of the world’s most prominent film and television companies suggests an intensifying advertiser backlash to X after the social media platform’s owner, Elon Musk, embraced an antisemitic conspiracy theory popular among White supremacists.

Disney’s advertising pause follows similar moves by Lionsgate and IBM.

A Lionsgate spokesperson who confirmed the company’s decision to CNN did not disclose a specific reason for the move and did not specify how much money Lionsgate had planned to spend advertising on X. Lionsgate’s decision was first reported by Bloomberg.

IBM’s ads were found appearing alongside pro-Nazi content on the platform. In a statement, IBM explicitly called out what it described as an “entirely unacceptable situation.”

“IBM has zero tolerance for hate speech and discrimination and we have immediately suspended all advertising on X while we investigate this entirely unacceptable situation,” an IBM spokesperson said.

CNN has reached out to X for comment.

Amid the pullback, X reportedly lost one of its most visible advertisers: Apple. The iPhone maker also pulled its advertising from the social media platform, according to multiple news outlets, including Axios, which first reported Apple’s withdrawal.

Apple did not respond to multiple requests for comment.

X CEO Linda Yaccarino said in a post Thursday afternoon that the company’s position is that “discrimination by everyone should STOP across the board – I think that’s something we can and should all agree on.” She added: “When it comes to this platform – X has also been extremely clear about our efforts to combat antisemitism and discrimination. There’s no place for it anywhere in the world – it’s ugly and wrong. Full stop.”

An analysis by the watchdog group Media Matters found this week that in addition to IBM, ads by Apple, Comcast, NBC and Oracle had appeared alongside similar content.

Spokespersons for Apple, Comcast, NBCU and Oracle have not responded to requests for comment.

A spokesperson for X said the pro-Nazi accounts identified in Thursday’s Media Matters report would no longer be eligible for monetization, meaning ads would no longer be run on those pages.

In August, two other brands, NCTA — the Internet and Television Association — and Gilead Sciences paused their spending on X after their ads were also run alongside pro-Nazi content.

https://edition.cnn.com/2023/11/17/tech ... index.html
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Re: Business/Markets/Stocks/Economics Random, Random

#529

Post by ti-amie »

The argument can be made that Elmo wants to tank the company and sell it to someone on the cheap no?
The Blue Check folks aren't going to make up for the ad revenue being lost.
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Re: Business/Markets/Stocks/Economics Random, Random

#530

Post by ti-amie »

𝗧𝗢𝗗 𝗠𝗔𝗙𝗙𝗜𝗡 :donate8dollars:
@tod@hci.social
It’s over.
RIP Twitter 2023.
What a sad, pathetic ending.

Suspending ads on Twitter/X (so far);
- Comcast/NBC
- Paramount
- Warner Bros.
- Disney
- Apple
- IBM
- Lionsgate
- European Commission

https://www.axios.com/2023/11/17/companies
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Re: Business/Markets/Stocks/Economics Random, Random

#531

Post by Owendonovan »

I'm not sure how that would benefit him, but I'd be fine with him dumping it and taking a huge loss. He doesn't come back from this unbruised, if not unbroken.
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Re: Business/Markets/Stocks/Economics Random, Random

#532

Post by Owendonovan »

The argument can be made that Elmo wants to tank the company and sell it to someone on the cheap no?
I'm not sure how that would benefit him, but I'd be fine with him dumping it and taking a huge loss. He doesn't come back from this unbruised, if not unbroken.
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Re: Business/Markets/Stocks/Economics Random, Random

#533

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Elon Musk to file ‘thermonuclear lawsuit’ as advertisers desert X
Social media firm boss says he will sue media watchdog that said ads were being placed alongside antisemitic content

Harry Taylor
@harrytaylr
Sat 18 Nov 2023 05.29 EST
Elon Musk has said he will be filing a “thermonuclear lawsuit” against Media Matters and others, after major US companies paused their adverts on his social media site over concerns about antisemitism.

The media watchdog Media Matters said earlier this week that it found corporate advertisements by IBM, Apple, Oracle and Comcast’s Xfinity were being placed alongside antisemitic content, including that praising Adolf Hitler and the Nazis.

It led to a number of big names in technology and media announcing they would be withdrawing their advertising. It also included Warner Brothers, Paramount and Disney.

“The split second court opens on Monday, X Corp will be filing a thermonuclear lawsuit against Media Matters and ALL those who colluded in this fraudulent attack on our company,” Musk said in a post on X, formerly known as Twitter.

Musk on Wednesday agreed with a post on X that falsely claimed Jewish people were stoking hatred against white people, saying the user, who referenced the “great replacement” conspiracy theory, was speaking “the actual truth”.

“This week Media Matters for America posted a story that completely misrepresented the real experience on X, in another attempt to undermine freedom of speech and mislead advertisers,” a statement posted by Musk said.

“Above everything, including profit, X works to protect the public’s right to free speech. But for speech to be truly free, we must also have the freedom to see or hear things that some people may consider objectionable,” he added.

He did not reference the furore around his tweet, but has previously denied he is antisemitic.

Musk went on to deny Media Matters’ findings.

Apple had been one of X’s biggest advertisers and was spending up to $100m (£80m) a year as of November 2022 when Musk bought it, Bloomberg has reported.

Since then, there has been a trend of X advertisers falling, and user numbers declining – while Musk has brought in a paid premium system, claiming it was to target bots on the site.

The White House joined the outcry against Musk’s tweet on Friday, with a statement calling it an “abhorrent promotion of antisemitic and racist hate” that runs against our core values as Americans”.

Referring to the 7 October attacks by Hamas against Israel, the White House spokesperson Andrew Bates said: “It is unacceptable to repeat the hideous lie … one month after the deadliest day for the Jewish people since the Holocaust.”

https://www.theguardian.com/technology/ ... s-desert-x
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Re: Business/Markets/Stocks/Economics Random, Random

#534

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Binance chief pleads guilty to money laundering; company to pay $4.3 billion fine
Changpeng Zhao’s guilty plea and departure as chief executive marks the end of an era for one of the crypto industry’s longest standing titans.

By Eli Tan and Devlin Barrett

Image
Changpeng Zhao leaves U.S. District Court in Seattle on Tuesday. (Getty Images)

Changpeng Zhao, founder of the world’s largest crypto exchange, pleaded guilty Tuesday to violating the Bank Secrecy Act and has agreed to step down as chief executive of Binance, which will pay a $4.3 billion fine, according to court documents.

The plea agreement marks the second time this month that a giant of the global cryptocurrency market has been felled by federal charges. Zhao faces a prison sentence of around 18 months, according to sentencing guidelines.

As part of the plea agreement, Zhao is barred from working with the exchange for three years, according to a court filing. He appeared in federal court in Seattle on Tuesday and will be fined $50 million. The company also entered a guilty plea to violating the Bank Secrecy Act, as well as failing to register as a money transfer business and violating sanctions law.

The deal ends the Justice Department’s three-year investigation of Binance and comes months after the firm was accused by regulators of operating as an unregistered securities exchange.

Zhao’s departure marks the end of an era for one of the crypto industry’s longest-standing titans, who sparred with regulators for years. Zhao was also an original investor in FTX, the beleaguered crypto exchange founded by Sam Bankman-Fried, who was convicted at trial of seven counts of fraud and money laundering earlier this month.

"Today, I stepped down as CEO of Binance,” Zhao said in a lengthy post on X, formerly Twitter, that did not mention his guilty plea but said Richard Teng, the firm’s former Global Head of Regional Markets, had been named chief executive. “I made mistakes, and I must take responsibility. This is best for our community, for Binance, and for myself.”

Court papers filed by the government say Binance chose not to implement anti-money laundering measures, essentially allowing the firm to become a clearinghouse for all manner of illicit financial transactions. Between 2018 and 2022, that led to nearly $900 million in financial transactions that violated sanctions against Iran, the court papers charge.

In its announcement, the Treasury Department accused Binance of allowing Hamas’s Al-Qassam Brigades, Palestinian Islamic Jihad, Al Qaeda and ISIS "to transact freely, supporting activities from child sexual abuse to illegal narcotics to terrorism.” The agency will monitor Binance’s financial records for five years under the threat of a $150 million penalty. Tuesday’s settlement will also ensure Binance’s “complete exit from the United States,” according to a statement.

Treasury Secretary Janet Yellen said in a statement that the company “allowed money to flow to terrorists, cybercriminals, and child abusers through its platform.”

In June, the Securities and Exchange Commission came after Binance and Coinbase, another crypto exchange, asking Binance to freeze all assets on its U.S. platform and accusing Coinbase of acting as a securities exchange, broker and clearing agency.

“Binance became the world’s largest cryptocurrency exchange in part because of the crimes it committed – now it is paying one of the largest corporate penalties in U.S. history,” said Attorney General Merrick Garland. He noted that in the past month, the Justice Department has won a guilty plea or a conviction of the leaders of two of the world’s largest cryptocurrency exchanges — meaning Zhao and Bankman-Fried.

Authorities said Binance earned a 20 percent reduction in its sentencing fine for cooperating with investigators, but noted that it did not receive full credit for cooperation because the company delayed producing key evidence, including recordings of meetings in which executives talked about U.S. legal requirements.

The plea deal is the latest victory in the Securities and Exchange Commissions’s effort to rid bad crypto actors from the United States, said Carl Tobias, a law professor at the University of Richmond.

“Especially after what they did in the Southern District of New York with the other big crypto story this year,” he said, referring to the conviction of Bankman-Fried.

This is developing story. It will be updated.
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Re: Business/Markets/Stocks/Economics Random, Random

#535

Post by Owendonovan »

If I were an Israeli, I'd be annoyed Bibi is giving tours instead of doing his job.

Elon Musk traveled to Israel and met with Prime Minister Benjamin Netanyahu on Monday, touring the scene of a Hamas attack in a visit that appeared aimed at calming the outcry over his endorsement of an antisemitic conspiracy theory on X, the social media platform he owns.

Dozens of major brands suspended their advertising on X after Mr. Musk this month agreed with a post that accused Jewish communities of pushing “hatred against whites that they claim to want people to stop using against them.” The flight of advertisers threatened to cost X tens of millions of dollars, and the White House denounced Mr. Musk for “abhorrent promotion of antisemitic and racist hate.”

On Tuesday, after arriving in Israel, Mr. Musk wrote on X that “actions speak louder than words.” Wearing a flak jacket, he toured Kfar Aza, an Israeli kibbutz where dozens of people were killed during the Hamas terrorist attack on Oct. 7.

Video shared by Mr. Netanyahu’s office showed the two men, accompanied by security personnel, walking through the village in the rain and inspecting the blackened ruins of a house. Mr. Netanyahu said on X that he gave Mr. Musk the tour “to show him up close the crimes against humanity committed by Hamas.”

In a conversation with Mr. Netanyahu broadcast on X, Mr. Musk called the visit to Kfar Aza “jarring” and said he also had been shown footage of the Oct. 7 massacre that he found “troubling.”

Mr. Netanyahu spent the bulk of the conversation explaining the rationale for the war in Gaza. Mr. Musk said in agreement that it was important to “get rid of the ones who are hellbent on murdering Jewish people,” though he also added that it was important to minimize civilian casualties in the enclave.

Mr. Musk also said it was a challenge to stop “the sort of propaganda that is convincing people to engage in murder,” an apparent reference to the ideology that had fueled Hamas’ attack. Mr. Netanyahu did not raise Mr. Musk’s social media post during the conversation and Mr. Musk did not refer to it, or to the role of X in shaping public attitudes over antisemitism.
How would you know if you're not trying, Elmo?

Since Mr. Musk’s post, dozens of major brands including IBM, Apple and Disney have paused their advertising campaigns on X, and the company, which Mr. Musk purchased in October last year for $44 billion, could lose as much as $75 million in advertising revenue by the end of the year. Other major companies, including Amazon, Coca-Cola and Microsoft, have also halted or are considering pausing their ads on the social network, according to internal documents.

Mr. Musk has also faced broader criticism for tolerating and even encouraging antisemitic abuse on his social media platform. He has attacked George Soros, the financier who is a frequent target of antisemitic abuse, and threatened to sue the Anti-Defamation League, a rights group that has highlighted the rise in antisemitism on X.

In May, he likened the 93-year-old Holocaust survivor to Magneto — the X-Men supervillain who has Jewish roots — and said that Mr. Soros “hates humanity.”

That same month, Mr. Musk cast doubt that a gunman behind a mass shooting in Allen, Texas, that left eight people dead had supported Nazi ideology, calling it a “very bad psyop.”

When asked about those comments on CNBC in May, Mr. Musk was defiant. “I’ll say what I want, and if the consequence of that is losing money, so be it,” he said. The company has also said that concerns over antisemitic posts on the platform are overblown.
Well, that's been obvious since he bought twitter.

Mr. Musk has not explained why he visited Israel, but he has had past dealings with its prime minister. In September, he hosted Mr. Netanyahu for an event at a Tesla factory in Fremont, Calif., as both men sought to deflect criticism.

“It’s not an easy thing to be maligned — I know you’ve never seen that, right?” Mr. Netanyahu said during the event.

“Me, maligned?” Mr. Musk responded, laughing. “Never.”

During that exchange Mr. Musk also responded to reports of rising antisemitic content on the social network.

“Obviously I’m against antisemitism — I’m against anti-anything,” he said. “And I’m in favor of that which helps uphold society and takes us to a better future for humanity.”

Following his recent controversy, Mr. Musk posted a similar statement earlier this month, calling news stories that he was antisemitic “bogus.”

“Nothing could be further from the truth,” he wrote.

On Monday, Israel appeared to reach an understanding with Mr. Musk over his proposal this month to deploy Starlink, the satellite internet service he owns, in Gaza for aid agencies to use amid cellular and internet blackouts. Palestinians have blamed Israel for the communications interruptions.

Israel’s communications minister, Shlomo Karhi, said that Mr. Musk had consented not to open access to the system in Israel and in Gaza without the permission of his ministry. “This understanding is vital,” Mr. Karhi wrote on X.

https://www.nytimes.com/2023/11/27/worl ... visit.html
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Re: Business/Markets/Stocks/Economics Random, Random

#536

Post by ti-amie »

There is just something wrong about a man like Elmo being treated like a head of state.
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Re: Business/Markets/Stocks/Economics Random, Random

#537

Post by Owendonovan »

Dr Pepper Awards Two $100,000 Scholarships to Correct Halftime Blunder

Dr Pepper awarded each of the contestants in the college football halftime challenge the grand prize after a review found a counting error.

Dr Pepper sponsored a scholarship giveaway at halftime on Saturday during a game between the Texas Longhorns and the Oklahoma State Cowboys, but the contest did not go as planned.

By Orlando Mayorquin
Dec. 2, 2023
The Big 12 Championship game between the Texas Longhorns and the Oklahoma State Cowboys on Saturday evening delivered the kind of controversy-mired barn burner that inspires legions of college football fans to pack stadiums and jam sports bars every weekend.
But the real competition, it turned out, was not between the football teams (Texas won a one-sided 49-21 affair), but between two college students competing in the Dr Pepper Tuition Giveaway challenge at halftime, a college football tradition.

Each student had to lob as many footballs as they could into their respective Dr Pepper-branded bin five yards away within the allotted time.

Ryan Georgian, a freshman at the University of Pennsylvania, and Gavin White, a junior at Ohio State University, were tied at 10 points each at the end of regulation, forcing overtime.
They each had another 15-second period to pull ahead for the victory.
At the whistle, they dipped into their stash of footballs and hurled them from chest level at the opening in the bin, each miss ricocheting forcefully off the target, like corn popping in a kettle.
At the last second, Georgian tied the score at 16, forcing a sudden-death shootout in a second overtime period.
Georgian would go on to win, but fans quickly pointed out that there was a problem.
The game should not have gone to double overtime, fans complained and Dr Pepper later acknowledged.
A review of the video showed Georgian only added five points to his score in the first time period. He was credited with six, enough to force the tie.
Online, the college football world roared. Fans cried foul and pleaded for the soft drink giant to serve “Justice for Gavin.”

Not long after, Dr Pepper said it would rectify the situation.

“In a dramatic double OT Dr Pepper Tuition Giveaway during the Big 12 Conference championship game, an on-field technical error resulted in an inaccurate accounting of the double tie break,” the company said in a statement, which did not elaborate about what went wrong.

“As such, Dr Pepper will recognize both finalists as grand prize winners with both receiving the 100k award in tuition,” the statement continued.
White directed questions to Dr Pepper’s public relations team, and Georgian could not be reached.
In video pitches submitted to Dr Pepper, the students made their case for a chance to compete for the scholarship.
Judges selected the contestants based on their video submissions, using a rubric that assessed their goals and financial need.
Georgian, a business major, said the tuition money would help him achieve his goal of becoming a social entrepreneur, while paying for his sister’s tuition and treatment for her rare blood disease.

For his part, White, an aspiring meteorologist, used weather forecast graphics to paint a gloomy outlook for his college debt: rising out-of-state tuition, pesky loans and high interest rates.
“This scholarship could bring in some sunshine to help push out some of this bad weather,” he said.
Fans online celebrated what they saw as a just outcome, some taking credit for putting the pressure on Dr Pepper.
“Jokes aside I think our tweets forced Dr Pepper’s hand,” wrote one fan. “Thanks to all who contributed and got the word out.”
https://www.nytimes.com/2023/12/02/spor ... error.html

How refreshing how quickly they did the right thing!
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Re: Business/Markets/Stocks/Economics Random, Random

#538

Post by Fastbackss »

4.3 billion is a large fine (re: Binance)
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Re: Business/Markets/Stocks/Economics Random, Random

#539

Post by ponchi101 »

Shocked, shocked to find ANOTHER crypto company involved in a scandal.
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Re: Business/Markets/Stocks/Economics Random, Random

#540

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Tesla recalls 2 million cars with ‘insufficient’ Autopilot safety controls
The National Highway Traffic Safety Administration said Tesla will send out a software update to fix the problems
By Leo Sands, Aaron Gregg and Faiz Siddiqui
Updated December 13, 2023 at 12:34 p.m. EST|Published December 13, 2023 at 6:36 a.m. EST

Tesla is recalling more than 2 million vehicles to fix Autopilot systems that U.S. safety regulators determined did not have enough controls to prevent misuse, the largest recall of Tesla’s driver-assistance software to date.

The National Highway Traffic Safety Administration said Tesla’s method of ensuring drivers are still paying attention while the driver-assistance system is activated is “insufficient.”

“There may be an increased risk of a crash,” the agency wrote, in some situations when the system is engaged “and the driver does not maintain responsibility for vehicle operation and is unprepared to intervene as necessary or fails to recognize when Autosteer is canceled or not engaged.”

The recall comes days after The Washington Post published an investigation that found Teslas in Autopilot had repeatedly been involved in deadly crashes on roads where the software was not intended to be used.

NHTSA said Tesla will send out a software update to fix the problems affecting its 2012-2023 Model S, 2016-2023 Model X, 2017-2023 Model 3, and 2020-2023 Model Y vehicles, effectively encompassing all Tesla vehicles equipped with Autopilot on U.S. roads. Autopilot is a standard feature on Tesla’s vehicles; only some early Tesla models are not equipped with the software.

“Automated technology holds great promise for improving safety but only when it is deployed responsibly; today’s action is an example of improving automated systems by prioritizing safety,” NHTSA said in a statement.

Tesla did not immediately respond to requests for comment early Wednesday.

In a statement this week responding to the Washington Post report, Tesla said it has a “moral obligation” to continue improving its safety systems, while adding that it’s “morally indefensible” to not make these features available to a wider set of consumers. The company argues that vehicles in Autopilot perform more safely than those in normal driving, citing the lower frequency of crashes when the software is enabled.

“The Tesla team looks forward to continuing our work with them towards our common goal of eliminating as many deaths and injuries as possible on our roadways,” reads the company’s post on X, the platform formerly known as Twitter.

Federal regulators with NHTSA have been investigating the software for more than two years in a probe examining more than a dozen crashes involving Teslas in Autopilot and parked emergency vehicles. The agency also started requiring in 2021 that automakers deploying driver-assistance software report crashes involving the technology to the agency.

In all, NHTSA said it reviewed 956 crashes allegedly involving Autopilot before zeroing in on 322 software-related crashes that involved “frontal impacts and impacts from potential inadvertent disengagement of the system.”

The Post story reported Tesla’s acknowledgments, based on user manuals, legal documents and statements to regulators, that the key Autopilot feature called Autosteer is “intended for use on controlled-access highways” with “a center divider, clear lane markings, and no cross traffic.” Despite that, drivers managed to activate Autopilot in locations other than those intended for the software — at times with deadly consequences.

In its recall notice, NHTSA said: “Autosteer is designed and intended for use on controlled-access highways when the feature is not operating in conjunction with the Autosteer on City Streets feature,” a more advanced version known as Full Self-Driving.

“In certain circumstances when Autosteer is engaged, the prominence and scope of the feature’s controls may not be sufficient to prevent driver misuse of the SAE Level 2 advanced driver-assistance feature,” the recall notice said.

Tesla typically addresses NHTSA software recalls through remote updates, meaning the vehicles do not have to be returned to service centers to meet the agency’s requirements. Tesla has remedied multiple software flaws with remote updates at NHTSA’s behest, including issuing a fix to Full Self-Driving software in 2021 after cars started sharply activating their brakes at highway speeds.

Tesla chief executive Elon Musk has decried NHTSA as the “fun police” and has taken issue with regulators’ terminology, posting on X that the use of the word “‘recall’ for an over-the-air software update is anachronistic and just flat wrong!”

Tesla’s policy chief Rohan Patel hailed the work of both Tesla and its regulators in a post on X.

“The regulatory system is working about as well as it can given the lack of clear regulations in this field,” he said, adding that those who had “demonized” the company and NHTSA were “on the wrong side of history.”

The investigation will remain open “to support an evaluation of the effectiveness of the remedies deployed by Tesla,” NHTSA said.

The Post report revealed at least eight fatal or serious wrecks involving Tesla Autopilot on roads where the driver-assistance software could not reliably operate. The Post’s report was based on an analysis of two federal databases, legal records and other public documents.

The recall comes after a years-long investigation into crashes while the Autopilot system was activated. According to a timeline released by NHTSA, Tesla cooperated with repeated inquiries starting in August 2021, concluding in a series of meetings in early October 2023. In those meetings, Tesla “did not concur” with the agency’s safety analysis but proposed several “over-the-air” software updates to address the issue.

When Autopilot is activated, the driver is still considered the “operator” of the vehicle. That means the person is responsible for the vehicle’s movement, with hands on the steering wheel at all times and attention being paid to the surroundings at all times in readiness to brake.

In a related safety recall report, NHTSA said the risk of collision can increase if the driver fails to “maintain continuous and sustained responsibility for the vehicle” or fails to recognize when Autopilot turns off.

The software update, which was to be deployed on “certain affected vehicles” starting Dec. 12, will add extra controls and alerts to “encourage the driver to adhere to their continuous driving responsibility,” the recall report said. The update also will include controls that prevent Autosteer from engaging outside of areas where it is supposed to work as well as a feature that can suspend a driver’s Autosteer privileges if the person repeatedly fails to stay engaged at the wheel.

The company’s stock fell around 2.7 percent in trading Wednesday, even as broader stock market indexes were flat.


https://www.washingtonpost.com/technolo ... ot-recall/
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