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JP Morgan Sues Tesla for $162 Mn – Top Tech News

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JP Morgan Sues Tesla for $162 Mn

Elon Musk Hyperloop

JP Morgan has sued the electric vehicle company Tesla for $162.2 Mn. The Investment giant has accused in the lawsuit that the Elon Musk company of blatantly breaching the stock warrant agreement that was inked in the year 2014.  The lawsuit has been filed in the Manhattan Federal Court (Click here).


US companies ordered record number of robots in 2021   

According to one of America’s leading industry group, U.S. companies ordered record number of robots during the first nine months of the current financial year. The survey conducted by the group revealed that factories and industries across the U.S ordered nearly 29,000 robots in the ongoing year, which is 37% more than during the same period last year (Click here).  


Google all set to make its biggest investment in Australia

Image Credits: Flickr Saville

US technology giant Google has announced that it will invest $740 Mn ( $1 Bn Aus) in Australia. This is Google’s biggest ever investment in Australia. Ironically, this announcement comes barely months after Google & Facebook had threatened to make an exit from Australia after Canberra passed a controversial law targeting the big tech companies (Click here)


Jeff Bezos claims that he spends more on climate change than space travel

Image Credits: Flickr Girdhar Gopal

Last week Jeff Bezos while speaking at a public forum said that he is actually spending more on ‘climate change’ than on his  space travel company Blue Origin. Bezos’ response was aimed at critics who accused that the American billionaire was spending billions on profit minting project of space travel but was being frugal in spending on addressing serious environmental issues (Click here)      


Twitter eyes decentralized future, expands free data access to app developers

A user browsing Twitter on Smartphone…image source: Pixabay

Starting from Monday, software developers will comparatively enjoy more access to Twitter’s data. This will help them create more products and tools that might eventually help the microblogging giant to enhance its user experience (Click here)   

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