tesla is recalling over 350,000 of its us vehicles to update its full self driving beta software system. this, after regulators said it did not properly adhere to traffic safety laws. tesla will now release a free update for the system. but as my colleague samira hussain explains, the full self driving beta software is a big part of tesla. this self driving technology for tesla is a big part of its business plan. it s what tesla and elon musk has been pushing and elon musk has been pushing and they believe it is the absolute future. elon musk has also said this self driving technology is better and in many cases safer than just regular drivers. but what tesla has shown is there has been incidents in which some of these technologies have caused accidents. while in this particular software update instance, they are saying that, look, what we are doing is to try and get this update to happen because there could be some issues when going through traffic, circles, going through in
that top officials are trying to have a dialogue. after postponing his trip to beijing because of that balloon, secretary of state antony blinken will attend a conference in europe with the possibility to meet his chinese counterpart. presidentjoe biden also says he would talk to xijinping about biden also says he would talk to xi jinping about the balloon incident, saying that the us is not looking for a new cold war. we will see if and when those talks happen. we will see if and when those talks happen- let s get some of the day s other news. us securities regulators have charged crypto developer do kwon and his company terraform labs with orchestrating a multi billion dollar crypto fraud. the securities and exchange commission also accused do kwon and terraform labs of misleading investors about the stability of their stablecoin. terraform was behind two cryptocurrencies which collapsed last year one of them was a stablecoin pegged to the us dollar. it s estimated investors lost