Tag: million
OpenAI’s Sam Altman Set To Raise $100 Million For Worldcoin
Worldcoin pulled in $100 million from investors last year through a token sale that valued the company at around $3 billion, according to a report by The Information from March 2022. That fundraising effort came before a bruising period for crypto in which flagship tokens like bitcoin and ether cratered in price and high-profile companies including Bankman-Fried’s FTX collapsed. “It’s a bear market, a crypto winter. It’s remarkable for a project in this space to get this amount of investment,” one of the FT’s sources told the publication.
Read more of this story at Slashdot.
Google To Pay $8 Million Settlement For ‘Lying To Texans,’ State AG Says
Paxton said that “if Google is going to advertise in Texas, their statements better be true.” He decided to take action to hold Google “accountable for lying to Texans for financial gain,” saying that large companies should not expect “special treatment under the law.” “Texas will do whatever it takes to protect our citizens and our state economy from corporations’ false and misleading advertisements,” Paxton said.
Read more of this story at Slashdot.
US judge declines to reverse $47 million copyright judgement against ISP Grande Communications
Nvidia CEO Jensen Huang takes a $2.5 million pay cut after disappointing sales
Government agency urges immediate recall of 67 million airbag inflators
More than 67 million airbag inflators may be recalled due to safety concerns, following the results of a National Highway Traffic Safety Administration (NHTSA) investigation into alleged safety concerns. The report has prompted the U.S. government agency to urge the manufacturer to issue an immediate recall.
“While incidents are rare, the incidents that have occurred have been severe, prompting the agency to issue a recall request,” wrote NHTSA spokesperson Veronica Morales in a statement reported by CNN. “NHTSA is taking this action under its authorities to investigate potential defects and oversee recalls as required by the Vehicle Safety Act.”
The investigation looked into safety bag inflators manufactured by Knoxville, Tennessee’s ARC Automotive, Inc. during an 18-year inspection period before January 2018, Engadget reported. The airbag inflators were supplied to six airbag manufacturers, which were then incorporated into vehicles by at least 12 automakers. The agency has yet to note which automakers, specifically.
The NHTSA’s investigation was prompted by at least nine instances of the airbags violently rupturing and emitting metal fragments into the vehicle, resulting in one known death. GM has already issued a recall on one million vehicles (including the 2014-2017 Buick Enclave, Chevrolet Traverse, and GMC Acadia) in response to the investigation and an accident involving the rupturing of a front-driver air bag inflator in one its vehicles.
But in response to a letter from NHTSA, ARC contested the agency’s findings and request for a recall, writing, “We disagree with NHTSA’s new sweeping request when extensive field testing has found no inherent defect.” Additionally, the company’s vice president for product integrity Steve Gold wrote in a response that “the test program demonstrated with 99% reliability and 99% confidence that the inflators in the subject population would deploy without rupturing.” According to ARC, the aforementioned incidents were the result of “one-off” defects that have already been addressed by their respective automakers.
Other airbag recalls have already churned the market, following global safety concerns. Since 2016, more than 67 million airbags from Japanese manufacturer Takata have been recalled in the United States, with another 100 million worldwide.
‘Elden Ring’ has sold more than 20 million copies
In little more than a year, Elden Ring has sold approximately 20.5 million copies. That’s according to an investor report spotted by a ResetEra forum user (via Eurogamer). “Repeat sales of existing titles such as Elden Ring were strong, especially overseas, [with] worldwide sales reaching 20.5 million,” Bandai Namco writes in the document. The publisher adds that it expects “a pullback” in repeat sales of the game. However, if Elden Ring can sell a few million more copies, it will land among the best-selling games of all time, a list that includes titles like God of War (2018) and Grand Theft Auto V.
The milestone comes a year after Elden Ring had the best-ever opening for a FromSoftware title. In just 18 days, Bandai Namco sold more than 12 million copies of the action RPG. Pretty good for a game that was expected to sell about 4 million copies in five days. The ongoing strong performance of Elden Ring bodes well for FromSoftware’s next game, Armored Core VI. When it arrives this August, the title will be the first entry in the Armored Core series in nearly a decade.
This article originally appeared on Engadget at https://www.engadget.com/elden-ring-has-sold-more-than-20-million-copies-215824304.html?src=rss
Toyota Leaked Vehicle Data of 2 Million Customers
The US government wants to recall 67 million airbag inflators
The National Highway Traffic Safety Administration (NHTSA) is calling for a recall of 67 million airbag inflators after a lengthy investigation over allegations that they could rupture and injure drivers and passengers. These inflators were designed by ARC Automotive, Inc. and were manufactured for the US market during the 18-year period before January 2018. They were supplied to six airbag manufacturers, which then incorporated them into the airbag modules used in vehicles by at least 12 automakers.
In the NHTSA’s letter (PDF) to ARC urging the company to issue a recall, it listed nine incidents wherein a driver (and, in some cases, a passenger) had been injured because an inflator had ruptured. Seven of those incidents happened in the US, and one resulted in a death. There was one other incident outside the US wherein the driver had sustained fatal injuries. “Air bag inflators that project metal fragments into vehicle occupants, rather than properly inflating the attached air bag, create an unreasonable risk of death and injury,” the NHTSA wrote.
ARC, however, disagrees with the agency’s tentative conclusion that certain inflators manufactured by the company have a safety defect. “After nearly eight years of intensive scrutiny, none of [the manufacturers using its products] has identified a systemic or prevalent defect across this inflator population,” the company wrote in a response letter (PDF) addressed to the NHTSA. It also mentioned a test on 918 inflators taken from vehicles in salvage yards. Apparently, none of them exploded when they were subjected to various testing in the lab.
ARC said it believes the incidents resulted from “one-off” manufacturing anomalies that had already been properly addressed by automakers through lot-specific recalls. GM, for one, issued a recall (PDF) on May 10th for 1 million vehicles that “may have received a suspect airbag inflator.” The NHTSA warned the company, though, that it will have to write a full explanation with “additional analysis of the problem beyond ARC’s past presentations” if it decides not to issue a recall. Further, it might still decide that ARC’s inflators have a safety defect, and it “may take other appropriate action.”
The NHTSA has been investigating airbag rupture-related incidents over the past 15 years. Over 67 million airbags by the now-defunct Japanese manufacturer Takata have already been recalled in the United States, with 100 million more recalled around the world. Like the ARC-made inflators, Takata’s could also explode and unleash metal fragments inside the vehicle. Takata’s airbags were involved in at least 18 deaths and more than 400 injuries, which led to numerous lawsuits, a massive settlement and, ultimately, the company’s closure.
This article originally appeared on Engadget at https://www.engadget.com/us-transportation-authorities-want-to-recall-67-million-airbag-inflators-113131045.html?src=rss