Auto safety regulators have opened an investigation into the safety of Amazon's Zoox self-driving vehicle technology after multiple reports that the cars "unexpectedly braked suddenly."
Driving the news: The National Highway Traffic Safety Administration's Office of Defects Investigation (ODI) said today that it's probing Zoox systems installed on Toyota Highlander SUVs after two reports of daytime incidents.
"Each incident resulted in a motorcyclist that was following a Zoox vehicle colliding into the Zoox vehicle," ODI said, adding that there were "minor injuries" in both cases.
Zoom in: The investigation will focus on the circumstances surrounding these incidents, how the Zoox systems handle crosswalks and "other similar rear-end collision scenarios."
It's better to have Slacked and lost than never to have Slacked at all.
The big picture: Our love lives have apparently become so complicated that we need a suite of digital tools to keep track of everything.
Love birds are increasingly using project management tools to handle home tasks, communicating through Slack and budgeting on Google Sheets, among other things, the New York Times reports.
Yes, but: Some people fear that digital tools will suck the romanticism out of relationships.
💭 Nathan's thought bubble: Who says efficiency can't be attractive?
Meme stocks roared on Monday, as speculation grew that Keith Gill, aka "Roaring Kitty" and "DeepF---kingValue" of WallStreetBets fame, was getting back in the game.
Why it matters: Gill helped fuel the meme-stock craze of 2021 by rallying an army of retail traders, who sent shares of battered companies soaring.
Melinda French Gates said Monday she was stepping down from the Bill & Melinda Gates Foundation, which she co-founded with her ex-husband Bill Gates.
Why it matters: Melinda French Gates has played a significant role in the size and reach of the foundation. She added that she'll depart with $12.5 billion to commit to programs for women and children.
Permira has agreed to buy Squarespace for $6.6 billion in cash, in a deal that will take the website and brand builder off the public market three years after its New York Stock Exchange debut.
Why it matters: Private equity firms are sitting on a lot of cash, and starting to use it more and more.
Freddie Mac has a new revenue stream in its sights, thanks to the record $17 trillion of home equity sitting untapped in U.S. houses.
The big picture: An estimated $850 billion of that home equity is found in homes with first mortgages that were purchased byFreddie Mac — a so-called government-sponsored enterprise, or GSE. Freddie wants to start buying second mortgages written on those homes.
Russian President Vladimir Putin plans to replace longtime ally Sergei Shoigu as defense minister with an economist, the Kremlin announced Sunday.
Why it matters: In the biggest security overhaul since Putin's forces launched a full-scale invasion of Ukraine in 2022, Shoigu will be appointed head of Russia's Security Council after serving since 2012 as defense minister.
More than one thirdof 18 to 24 year olds reported no income through wages or a salary in 2022, according to a recent report out of the St. Louis Fed. That figure is up from about 22% in 1990.
Why it matters: A new generation of workers are dropping out of the workforce before they even begin, despite a resilient labor market, while also struggling with mental health.