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Tesla Plans Global Expansion of Full Self-Driving Software

Key Points: Tesla will release the FSD V14 Lite software to international markets after the United States launch. The company designed the V14 Lite version specifically to support older vehicles equipped with Hardware 3 chips. Engineers must complete technical tests and adapt the software for different regional driving laws before launching. Tesla leaders cannot provide an exact timeline because the software still needs strict regulatory...

EU Lawmakers Fail to Reach Agreement on Artificial Intelligence Rule Changes

Key Points: European Union lawmakers failed to agree on delaying strict artificial intelligence rules until December 2027. The new regulations for high-risk artificial intelligence applications will take effect automatically this August, without a new deal. Germany wants looser rules for medical devices and heavy machinery to help major engineering companies like Siemens and Bosch. Negotiators paused the talks completely without setting a clear date to...

TSMC Sells Remaining Stake in Arm Holdings for $231 Million

Key Points: TSMC sold its final 1.11 million shares in Arm Holdings for a total of $231 million in cash. The chipmaker finalized the stock sale between April 28 and April 29 at $207.65 per share. TSMC originally invested $100 million in Arm's initial public offering in 2023 at $51 per share. Arm shares fell 7.98% on Tuesday during regular trading hours. Taiwan Semiconductor Manufacturing...