Business

363 articles · page 2 of 8

Business

NT Cattle Station Sells for $26m as Carbon Plan Collapses

Benmara Station, a 450,000-hectare cattle property in the Northern Territory's Barkly region, has sold for $26 million — $14 million less than its 2023 purchase price — after a grand plan to generate carbon credits on the land failed to materialise. The buyer is UK-based livestock producer Shaun Davis, trading as Benmara Land Holdings, and settlement occurred on September 2, according to the NT Land Titles Office.

8 Sept·2 min·2 sources
Business

NHTSA opens probe into Tesla's self-certification of driverless Cybercab

The US National Highway Traffic Safety Administration (NHTSA) has launched an investigation into Tesla's self-certification of its Cybercab autonomous vehicle, just hours after the vehicle began commercial operations on the streets of Austin, Texas. The probe centers on the Cybercab's lack of conventional controls such as brake pedals, steering wheels, and mirrors, and whether Tesla properly certified the vehicle under federal safety standards.

8 Sept·2 min
Business

Grindr settles UK class action for £26m over alleged sharing of users' HIV status

Grindr has agreed to pay £26 million to settle a UK class action lawsuit alleging it shared users' sensitive personal information — including HIV status, ethnicity and sexual orientation — with third parties for commercial purposes, the company disclosed in a regulatory filing. The settlement, reached on 2 September, covers claims dating back to before 2020 when the app was owned by Chinese firm Kunlun.

8 Sept·2 min·2 sources
Business

Amazon Cargo Jet Ploughed Through Vehicles at 129mph: NTSB Details 'Utter Devastation' as Investigation Focuses on Landing Speed

An Amazon Prime Air cargo jet tore off the runway at Miami International Airport on Sunday at roughly 129mph (208km/h), slamming into a van and an SUV and killing five people, the National Transportation Safety Board (NTSB) has confirmed. NTSB chair Jennifer Homendy described the scene as 'utter devastation,' as investigators probe whether the Boeing 767 landed too fast and too far down the runway to stop in time.

8 Sept·3 min·2 sources
Business

EU Repairability Rules: Most Smartphone Makers Still Not Complying, Report Finds

One year after the EU's repairability requirements for smartphones and tablets came into force, more than 80 percent of devices still lack the necessary repair information, according to a report by Right to Repair Europe. The campaign group found that of 2,334 records for smartphone models brought to market in the last year, only about 18 percent list a website where spare parts prices or repair instructions can be found.

7 Sept·3 min·2 sources
Business

Five dead in Amazon-branded cargo plane crash at Miami International Airport

Five people have died and three are seriously injured after an Amazon-branded cargo plane operated by 21Air overran a runway at Miami International Airport, crossing a road and coming to rest in a car park with its starboard engine ablaze. The Boeing 767, bearing Amazon's Prime Air livery, was landing on runway 30 in stormy conditions when it failed to stop within the 2,850-metre strip. Two runways remain closed as investigators begin their work.

7 Sept·2 min
Business

UK house prices fall for first time in nearly three years, led by London and southern regions

UK house prices recorded their first annual fall since November 2023 in August, driven by declines in London and southern England, as a stand-off between cautious buyers and reluctant sellers stalls the market. The 0.3% year-on-year drop, reported today by major indices, underscores persistent affordability pressures despite the Bank of England holding rates steady this year.

7 Sept·2 min·3 sources
Business

Pilot Warned of Excessive Speed Before Miami Crash, NTSB Data Shows; Widow Files Lawsuit

The National Transportation Safety Board (NTSB) has revealed that one pilot repeatedly warned the other about the aircraft's excessive speed in the final minutes before an Amazon cargo plane overshot the runway at Miami International Airport, killing five people. Meanwhile, the widow of a victim has filed a wrongful death lawsuit against Amazon, the aircraft's operators and its pilots, alleging multiple operational failures led to the crash.

7 Sept·3 min·18 sources
Business

Tesla Cybercab Launch Hits Regulatory Snag as NHTSA Opens Investigation

Tesla’s long-awaited Cybercab event in Austin left investors unimpressed and drew immediate federal scrutiny, with the National Highway Traffic Safety Administration opening an investigation into the company’s decision to deploy driverless vehicles lacking steering wheels and pedals. CEO Elon Musk did not attend the unusually quiet event, which lacked the festival-like atmosphere of past Tesla showcases.

7 Sept·2 min
Startups

Travis Kalanick's Atoms eyes robotaxi push after $1.7B raise, report says

Travis Kalanick's robotics startup Atoms is preparing to enter the robotaxi business, according to a Financial Times report, following a mammoth $1.7 billion funding round led by Andreessen Horowitz earlier this summer. The startup has discussed with Uber how the ride-hailing company could use its autonomous vehicle technology, and Uber has already invested $100 million in Atoms, a figure previously confirmed by TechCrunch.

7 Sept·2 min·3 sources
Business

Aviation faces hotter, stormier skies as extreme weather disrupts flights, experts warn

A severe thunderstorm in late June caused chaos at London's Heathrow and Gatwick airports, delaying some 900 flights and highlighting the growing vulnerability of air travel to climate change. The disruption, which occurred on a busy Saturday during the holiday season, saw delays of up to 11 hours and dozens of cancellations as air traffic controllers struggled to route aircraft around towering storm clouds across southern England and northern Europe.

6 Sept·2 min
Business

Microsoft Caps Xbox Cloud Gaming Hours, Introduces Pay-Per-Hour Model

Microsoft is overhauling its Xbox Cloud Gaming service with new monthly playtime caps for Game Pass subscribers, moving from an unlimited model to a paid-hours system that will take effect in November, the company announced. Under the new policy, Game Pass Essential, Premium, and Ultimate subscribers will be limited to five, 10, and 15 hours of cloud gaming per month, respectively, with the option to purchase extra time through the Xbox Store.

5 Sept·2 min
Business

Al Jazeera Reports US Safety Investigation Into Tesla Driverless Taxi Launch

Al Jazeera has published a headline stating that a US regulator has opened a safety investigation into Tesla as the company launches its driverless taxi service. However, the article content provided does not contain details of the investigation or the taxi launch, listing instead several unrelated video news items. The headline, dated September 4, 2026, is the only information available from the source.

5 Sept·1 min
Business

Judge blocks X rival from using Twitter name, but allows ‘Tweet’ for now

A federal court in Delaware has issued a split ruling in the trademark battle between Elon Musk’s X Corp and startup Operation Bluebird, granting X a preliminary injunction barring the startup from using the ‘Twitter’ name but denying the injunction for the word ‘tweet’ and the Twitter bird logo. The ruling allows the Virginia-based startup to proceed with its rebranded service, Tweet.app, which opened to the public this week.

5 Sept·2 min