Let’s get right to it.
Oh wait, one item first. Tesla earnings happened, and as always a bunch of new promises and products and timelines were laid out, including a Knight Rider-inspired steering yoke in the “Plaid” Model X.
Image Credits: Tesla
This stalkless yoke steering wheel is suboptimal (yup I said it). And it’s already getting the attention of federal safety regulators.
Yes, you’ve seen these yokes in race cars. However, the steering ratio is vastly different between race cars and the vehicle sitting in your driveway.
I’m not the only who sees this as an awkward and potentially dangerous design choice.
Good morning!
As coronavirus broke out last year, 12 Canadian companies, including Air Canada and Loblaw, came together last August to start a non-profit consortium led by the University of Toronto’s Creative Destruction Lab with the sole mission to develop and implement pilots for screening of COVID-19 at workplaces across Canada.
The full roster of the companies is: The Canada Pension Plan Investment Board (CPPIB), Genpact, Loblaw Companies Ltd. and its subsidiary Shoppers Drug Mart, Magna International Inc., MDA Corp., Air Canada, Maple Leaf Sports & Entertainment Ltd., Nutrien Ltd., Rogers Communications Inc., Scotiabank and Suncor Energy.
The unprecedented move, reportedly the first among companies in the developed world, was tasked with the mission to “seed the plan to bring our economy back to normality.”
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Two crossed lines that form an X . It indicates a way to close an interaction, or dismiss a notification. DataBricks CEO Ali Ghodsi This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
Databricks announced a new $1 billion funding round on Monday, taking it to a $28 billion valuation.
The round includes investment from the biggest three cloud-computing firms.
CEO Ali Ghodsi says the investment will allow Databricks to acquire companies and approach an IPO.
Ali Ghodsi, the CEO of Databricks, told Insider that the most important aspect of the mammoth $1 billion Series G round of venture capital his company announced Monday – which takes it to a $28 billion valuation – is investment by all three of the largest cloud-computing firms: Amazon, Microsoft, and Google.
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A private equity consortium s $3.4 billion (£2.65 billion) takeover of British satellite company Inmarsat was approved at a court hearing on Tuesday after hedge fund investors dropped a plan to challenge the value of the deal.
LONDON (Reuters) - A private equity consortium s $3.4 billion (£2.65 billion) takeover of British satellite company Inmarsat was approved at a court hearing on Tuesday after hedge fund investors dropped a plan to challenge the value of the deal.
Activists Oaktree, Kite Lake and Rubric Capital wanted the court to block the deal s scheme of arrangement because they said the price did not reflect the value of Inmarsat s longstanding agreement with U.S. broadband company Ligado.