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Ford hit with 5M penalty from NHTSA, second-highest in agency’s history

The National Highway Traffic Safety Administration (NHTSA) imposed a $165 million civil penalty on Ford as part of a consent decree, after determining the automaker failed to recall vehicles with defective rearview cameras in a timely manner. The penalty, which is the second-highest ever issued by the agency in its…

Google AI chatbot tells user to ‘please die’

Google’s AI chatbot Gemini is at the center of another controversy after a user reported a shocking answer in a conversation about challenges aging adults face. A graduate student in Michigan was told “please die” by the artificial intelligence chatbot, CBS News first reported. “This is for you, human. You and…

Trump team reportedly looking to kill Biden’s ,500 EV tax credit

President-elect Trump’s transition team is looking to get rid of the $7,500 federal tax credit for electric vehicles enacted during the Biden administration, Reuters reported Friday. Citing two sources familiar with the situation, the outlet said Trump’s team is planning to scrap the EV tax credit as part of a…

Hacker sentenced over bitcoin theft worth billions

A hacker who helped launder the proceeds of a bitcoin theft from a cryptocurrency exchange was sentenced to five years in prison for his role in the conspiracy. The Justice Department (DOJ) said in a release that Ilya Lichtenstein, 35, hacked into the network of crypto exchange Bitfinex in 2016 using sophisticated…

DOGE could target SEC, CFPB – are both agencies needed?

The Department of Government Efficiency (DOGE) that will be led by Elon Musk and Vivek Ramaswamy to help President-elect Trump’s administration cut wasteful federal spending could look at streamlining regulatory agencies covering the financial sector. DOGE announced on Thursday that it is opening the process of applying to workers interested in…

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