This British startup thinks it has a crucial competitive advantage over Google, Uber, and Apple in the race to launch driverless cars in Europe

FiveAI driverless

Driverless car startup FiveAI is sending out bright blue cars to gather information about London’s roads this week.
The cars will be driven by humans, but FiveAI CEO Stan Boland said the company is preparing for its first driverless test on public roads before the end of 2018.
FiveAI wants bring a shared driverless taxi service to London by next year, and beat Uber and Waymo with the technology in Europe.
The company has a small amount of funding compared to bigger US firms, but is confident its autonomous tech will navigate “difficult” European cities better than the competition.

Anyone walking around the South London suburbs of Bromley and Croydon this week might spot a bright new addition to the roads: A futuristic sky-blue Ford Fusion laden with sensors.

FiveAI, a British driverless car startup, is putting five of these vehicles on UK roads to gather data to train its autonomous vehicles. The cars will collect information for the next 10 months to understand real-world road layouts, traffic flow, and the behaviour of other road users.

Part of the reason the cars look so lurid is so that the public knows who’s gathering data. FiveAI said it is gathering information in a way that is compliant with Europe’s strict privacy regulation, the GDPR, and no individual would be identifiable from the images it captures through its cameras.

While these cars will be driven by humans at all times, the training data they gather will eventually inform FiveAI’s efforts to bring shared, driverless taxis to London in 2019. The company said in May that it will begin trialling driverless cars on public roads before the end of 2018.

FiveAI has raised $18 million to become Europe’s major driverless car startup

FiveAI hopes to be Europe’s answer to Uber or Google’s driverless car efforts, and wants to create …read more

Source:: Business Insider


West Virginia Impeaches 3 Of 4 State Supreme Court Justices

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West Virginia lawmakers have voted to impeach three out of four of the state’s sitting Supreme Court justices as of 8:45 Central Time Monday evening.

West Virginia Public Broadcasting reports the judges were named in 14 articles of impeachment “for their roles in lavish spending on court office renovations, the personal use of state resources, and the overpayment of other judges.”

Democrats on the state’s House Judiciary Committee approved the articles last week.

The court previously had five justices but one pleaded guilty to federal wire fraud and resigned last month.

Lawmakers have a deadline of Tuesday, 11:59 p.m., to trigger a special election to fill court vacancies. After that time, West Virgina Gov. Jim Justice would have to appoint new justices.

…read more

Source:: Newsy Headlines


Some Google Apps Might Be Tracking Your Data Without Your Permission

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Turning off location settings might not stop Google from tracking where you go.

According to an Associated Press investigation, many Google services still log a user’s location even when certain privacy settings are turned on.

Google says users can control what information the company tracks by turning location history off.

But the AP says some Google apps store a user’s timestamped location data without asking. If users want to prevent that data from being stored, they’ll have to turn off a second setting called “Web and App Activity.” The outlet estimates this affects about two billion users with devices running Google’s Android operating system and hundreds of millions of iPhone owners who use Google’s map app.

In a statement to the AP, Google seemed unfazed by the report. The company said, “We provide clear descriptions of these tools, and robust controls so people can turn them on or off, and delete their histories at any time.”

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Source:: Newsy Headlines


Elon Musk reveals he is working with Goldman Sachs and Silver Lake to help take Tesla private (TSLA, GS)

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Elon Musk said via Twitter Monday evening that he was working on a proposal with Goldman Sachs and Silver Lake as financial advisors to take Tesla private.
In a statement on Monday, Musk also shared more details about who might fund a deal to take Tesla private.
Musk said in the statement that a meeting with the managing director of Saudi Arabia’s sovereign wealth fund prompted his tweet about wanting to take Tesla private. But Musk said he is also having discussions with other investors because he wants to “continue to have a broad investor base.”

Elon Musk said via Twitter Monday evening that he was working Goldman Sachs and Silver Lake as financial advisors on a proposal to take Tesla private.

Musk also said that he was working with the law firms Wachtell, Lipton, Rosen & Katz and Munger and Tolles & Olson as legal advisors.

Goldman Sachs declined to comment. Silver Lake and both law firms did not immediately respond to a request for comment.

Goldman Sachs has long been a key adviser to Tesla, but the involvement of Silver Lake, best known as a private equity firm specializing in tech investments, is striking. Reuters reported after the tweet that Silver Lake was not discussing participating as an investir in the deal and “was offering its assistance to Musk without compensation and had not been hired as a financial adviser in an official capacity,” citing a source.

It started with a tweet

On August 7, Musk tweeted: “Am considering taking Tesla private at $420. Funding secured.”

Since Musk’s announcement last week, details about such a deal have been sparse.

In a statement published on the company’s website Monday, Musk said that after a July 31 meeting with …read more

Source:: Business Insider


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