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While the iPhone maker has acknowledged its interest in self-driving cars in broad terms, it has never detailed precisely which technologies it is working on and whether it seeks to build a whole vehicle or the sensors, computer system and software to control one. The public documents filed with regulators provide some previously undisclosed clues best cufflinks. Among those laid off were at least two dozen software engineers, including a machine learning engineer, and 40 hardware engineers, according to a letter sent by Apple to California employment regulators earlier this month..
Some of the positions hint at physical products for consumers: three product design engineers and an ergonomics engineer face layoffs best cufflinks. A machine shop supervisor was among the reductions, though it is unclear how many machinists reported to the supervisor and whether the shop fabricates automotive parts or smaller parts for electronics and sensors. The layoffs appear to be the first major shake-up of Project Titan under Doug Field, who returned to Apple last year as Vice President of Special Projects after a stint at electric car maker Tesla Inc..
Apple operates the car project on a “need-to-know” basis, with only about 5,000 of Apple’s 140,000 full-time workers included, according to court documents in a theft of trade secrets criminal case filed this year against an ex-Apple employee best cufflinks. About 1,200 of those are “core” employees that are “directly working on the development of the project,” according to the complaint, which was unsealed in January. Despite the headcount changes, the company appears to have ramped up its testing on California roads. In a filing with regulators earlier this month, Apple said it had logged nearly 80,000 miles of testing in its home state in 2018, far surpassing the less than 1,000 miles it had logged the year before..
SAO PAULO (Reuters) – Walt Disney Co accepted a demand by Brazil’s antitrust regulator CADE that it sell local rights for the Fox Sports channel to win approval of its takeover of Twenty-First Century Fox Inc, the regulator said on Wednesday. CADE said in a statement that Disney agreed to give the buyer of the sports channel the option to use the Fox brand at no additional cost, noting that the timeframe for the deal is confidential best cufflinks. According to the agreement signed between Disney and CADE, the divestiture will include all Fox Sports transmission rights in Brazil as well as contracts with cable TV operators, real estate and transmission equipment..
NEW YORK (Reuters) – Wells Fargo & Co is engaged in preliminary exploratory resolution discussions with the U.S. Department of Justice and the U.S. Securities and Exchange Commission about inquiries into its sales practices, the bank said on Wednesday. Wells Fargo said in a regulatory filing it had no assurance on the outcomes of the talks. The bank raised the high end of its estimated range of potential losses related to legal matters to $2.7 billion as of Dec. 31 best cufflinks. Wells Fargo had lowered its estimate from that figure in 2018, it said, without elaborating..