Apple has been sued by developers of an advanced automotive car battery for allegedly poaching key employees, providing evidence that the California tech giant is working on an electric vehicle. The lawsuit filed Wednesday in Massachusetts by A123 Systems claims that five employees were recruited by Apple in violation of a "non-compete" clause in their contracts. The complaints allege that Apple "tortiously interfered" with those agreements by "poaching" employees. A123 is a subsidiary of Chinese car parts giant Wanxiang Group, which invested in the Massachusetts firm in 2013. Apple did not respond to an AFP query on the lawsuit, and it has not commented on reports in the past few days that it is developing its own electric car. The Wall Street Journal reported that Apple has hired several hundred people for the project with the code name "Titan," which according to the report could be a car that incorporates some of the technology used on iPhones and iPads. Bloomberg on … [Read more...] about Suit says Apple ‘poached’ electric battery maker staff
2013 tesla model s
Rapidly evolving technology is upending the traditional pecking order in the luxury car market, which until now has operated on the principle that bigger is better. Now, Mercedes-Benz and a host of others are quietly changing the rules. Mercedes' new E-Class mid-sized sedan, unveiled at the Detroit auto show Monday, will come with better computer chips, cameras, software and sensors than those in the larger and more expensive S-Class – the flagship that has for decades showcased the automaker's latest technology. "The speed of innovation is so fast that you have to use every launch of a new model to roll stuff out," Dieter Zetsche, head of Mercedes-Benz Cars told Reuters on the sidelines of an event to launch the new E-Class at the Detroit Auto Show. The shift reflects intense pressure on automakers to keep their model lineups on the technological edge, especially to compete for younger customers. Another sign: features that can be updated with software, a tactic used often … [Read more...] about Carmakers’ rush to put latest tech in lower-priced models
The 200 richest people on the planet erased $26.6 billion from their collective net worth this week as Microsoft Corp. (MSFT) co-founder Bill Gates, 57, extended his lead over Mexico's Carlos Slim as the world's richest person to $4.3 billion, according to the Bloomberg Billionaires Index. Almost all of Gates's investments, including a 4.8 percent stake in Redmond, Washington-based Microsoft, have soared this year while Slim's main holding, a 44 percent stake in America Movil SAB, the largest mobile-phone operator in the Americas, has fallen 14 percent. America Movil has struggled as lawmakers in Mexico put together new rules to crack down on the dominance of the company, which has 70 percent of the nation's mobile-phone subscribers. "It's stuck there for a while," said Christopher King, an analyst at Stifel Nicolaus & Co. in Baltimore. "To a certain extent, the regulatory environment in Mexico is a byproduct of the fact that the company has been run so well. It's garnered market … [Read more...] about Gates widens lead over Slim as richest lose $27 billion
The 2013 Consumer Electronics show is a wrap, and now that we know something about the hundreds of new TVs models, it's worth asking whether all those new technologies will improve what matters: picture quality. I'm guessing "Yes" in the case of the Best of CES nominee Panasonic TC-PZT60 and the re-engineered Samsung UNF8500, very likely the two best-performing TVs of 2013 under $10,000. But those two are hardly the TV hardware poster children of the 2013 Consumer Electronics Show, where all the headlines touted expensive 4K and OLED sets as well as new gadgetry of questionable usefulness. Finger-gesture control, anyone? I got a chance to see both the Panasonic and the Samsung plasmas in extended private viewing sessions and suffice it to say, I think both will be able to surpass the mind-bogglingly good Panasonic TC-PVT50 of 2012 at doing what TVs are supposed to do best: make beautiful pictures. I can't wait to review them, nor to test a few other TVs that stood out … [Read more...] about The 2013 TVs of CES are bigger and smarter, but what about the picture?
NVIDIA, the computer chip manufacturer best known for its high performance graphics processors, is looking to make further inroads with the automobile industry by integrating its new Tegra 3 mobile processors in upcoming vehicle models. At the 2012 International Consumer Electronics Show (CES), NVIDIA and Audi announced that all models from the German auto manufacturer in 2013 will use Tegra 3 quad-core processors to power their in-car digital systems. These processors, which are traditionally found in smartphones and tablets, will support the vehicle's digital systems at lower energy rates and also allow for shorter lead times in getting concepts to market. In addition to powering infotainment systems that allow for web browsing and Google Earth integrations, they will also give automakers the ability to replace traditional dashboards with instrument cluster systems, or digital dashboards. "By leveraging technology from the very latest smartphones and tablets, Audi is leading the … [Read more...] about NVIDIA integrates mobile processing power in automobiles