The U.S. Securities and Exchange Commission has recommended an enforcement action against SolarWinds Corp. over its public statements on cybersecurity and procedures governing such disclosures, the software firm said on Thursday. The Austin, Texas-based company also said in a filing …
Volkswagen AG and its Porsche AG unit have agreed to a class-action settlement worth at least $80 million to resolve claims it skewed emissions and fuel economy data on 500,000 Porsche vehicles in the United States, court documents show. The …
Tesla Inc’s ability to quickly issue safety patches via remote software updates is an approach other automakers eye enviously, but that also carries risk as cars become more like rolling computers. Investors have awarded Tesla’s leadership on in-car software with …
DETROIT (AP) — U.S. automobile safety regulators have denied a petition seeking an investigation into Tesla software updates, saying it’s unlikely a probe would find a safety defect. The National Highway Traffic Safety Administration on Monday denied the 2019 petition, …
WASHINGTON/SEATTLE — The U.S. Federal Aviation Administration is in the final stages of reviewing proposed changes to Boeing Co’s 737 MAX and expects to complete the process in the “coming days,” the agency’s chief told Reuters on Monday. Three sources …
SEOUL — Hyundai Motor Co is set to triple the number of recalled Kona electric cars over battery cell fire risks with plans to recall around 51,000 vehicles in North America, Europe, China and other markets, Yonhap news agency reported …
Apple Inc. has agreed to pay up to $500 million to settle litigation accusing it of quietly slowing down older iPhones as it launched new models, to induce owners to buy replacement phones or batteries. The preliminary proposed class-action settlement …