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Business

General Motors ‘robbery taxi’ business hits the brakes

US car giant General Motors is reportedly losing $US5 million a day as passengers are slow to embrace its autonomous ride-share service.


General Motors’ ambitious move into an autonomous ride-sharing business in the US has cost more than $US5 billion – with losses continuing to mount at a rate of $US5 million a day.

Slow acceptance of the Cruise project in San Francisco – and delays in approvals for its driverless Origin model – are the main drivers of the epic losses.

The latest setback came as General Motors began charging for Cruise rides in its Chevrolet Bolt electric cars for the first time.



It has also been hurt by reports of crashes involving Cruise automated taxis, and brief traffic snarls caused by Cruise-operated hatchbacks.

Even so, General Motors chief executive Mary Barra is still upbeat about the long-term prospects for Cruise as a potential $50 billion-a-year business.

She said increasing demand for automated vehicle services and technology would allow General Motors to hit its financial target by 2030, according to a report by news agency Reuters.



“I would say we are going to make sure we fund Cruise and the spending is done in such a way that we can gain share and have a leadership position. We have plans that we’re taking cost out as well, as the technology matures,” Ms Barra was quoted by Reuters as saying.

The latest financial results, headed by a second-quarter loss of $US500 million, were included in an investor report as a number of companies specializing in autonomous vehicle technology — including Aurora Innovation Incorporated — have taken big hits recently to their share price.

But there are outside factors that affect General Motors’ ability to stem its losses on Cruise.



They include winning approval from California state regulators to greatly expand Cruise’s operating hours and widening the territory covered for its automated taxis.

It is also relying on deployment of the specially-designed Origin, a radical driverless pod with train-style side doors, but that is not expected until sometime in 2023.

GM will give more detail on its Cruise strategy at an event in San Francisco in September, but the chief executive of Cruise — Kyle Vogt — is painting the losses, which began in 2018, as the cost of building a new business.



“When you’ve got the opportunity to go after a trillion-dollar market, you don’t casually wade into that,” Vogt said.

Paul Gover

Paul Gover has been a motoring journalist for more than 40 years, working on newspapers, magazines, websites, radio and television. A qualified general news journalist and sports reporter, his passion for motoring led him to Wheels, Motor, Car Australia, Which Car and Auto Action magazines. He is a champion racing driver as well as a World Car of the Year judge.

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Technology

Preorders For The LEGO Atari 2600 Are Now Live

At Kotaku, we independently select and write about stuff we love and think you’ll like it too. We have affiliate and advertising partnerships, which means we may collect a share of sales or other compensation from the links on this page. BTW – prices are accurate and items in stock at the time of posting.

Preorders for that LEGO Atari 2600 kit we told you about last week have just gone live on the LEGO website, and the site is already straining under the number of people trying to get in.

The site is currently so besieged with people trying to preorder the kit that it had to resort to waiting room queues. At the time of writing, visiting the LEGO Australia website returns a queue page on a looping 15-second countdown. Once you’ve moved through the queue, you’ll be allowed to enter the site and (should stock still be available) preorder a LEGO Atari.

Who would have thought a LEGO Atari 2600 kit would draw this kind of attention? Definitely not me. Something has changed within the LEGO sphere during the pandemic. We never used to have this kind of clamor for a kit before.

Similar to the Nintendo Entertainment System kit from a couple of years ago, the Atari 2600 kit features the console itself, a small living room diorama, a joystick, and several cartridges. It also features a little end table to keep the carts in and small 3D models of Adventure, asteroidsand Centipede. The complete kit comprises 2532 pieces, which is actually fewer than the 2647 pieces found in the NES kit. This will be a build for grown-ups and more complex than the average set.

If you want to preorder the LEGO Atari 2600, you can do so via the official LEGO Australia website. Good luck.

Categories
Sports

AFL: Play for 300 or not? Sydney Swans great Josh Kennedy ‘living in moment’

Sydney Swans champion Josh Kennedy is yet to make up his mind about playing on next year. Either that, or coach John Longmire isn’t giving anything away.

Kennedy technically edged one game closer to his 300-game milestone on Saturday as the medical substitute despite not being used in the Swans’ crushing 73-point triumph over the Giants.

The 34-year-old, who has played 290 matches and would need to extend into next season to reach 300, is yet to return to the senior side since recovering from a serious hamstring injury.

He has played three consecutive VFL contests, including winning 25 disposals and laying six tackles for Sydney’s reserves after the seniors got the job done.

The Swans gatecrashed the top four with their fourth-straight win – the first time they have achieved that this year – and that promises to make a potential fairytale finish more difficult for the former co-captain.

Players such as prized early draftees Logan McDonald and Braeden Campbell, veteran defender Harry Cunningham and forwards Sam Wicks, Ben Ronke and Hayden McLean are also stuck at the lower level.

“I had a brief chat with him a couple of weeks ago about how he’s feeling about (playing on),” Longmire said of Kennedy.

“He said, ‘All I want to do is get back and play this year’, so he’s very much a live-in-the moment-type of person.

“He’s just wanting to get his body right and come back and play, so that’s the way he wanted to approach it. Josh will be the driver of that.”

Longmire oftens fends off selection-related questions at his Monday media conferences by leaning on it being too early in the week to answer and he did so again about Kennedy’s chances of facing North Melbourne.

He said there would be more than just sentiment involved, particularly in regards to Kennedy’s impending milestone, when deciding whether Kennedy continued into a 17th season.

The coach expects ruckmen Tom Hickey and Peter Ladhams to both available this weekend, the latter after missing the past three games with a broken thumb on his dominant right hand.

At what level Ladhams returns at remains to be determined, Longmire said, especially with Sam Reid’s renaissance season as a forward-ruck creating a “good problem”.

With that in mind, he is wary of the last-placed Kangaroos’ centre-bounce prowess, especially after Sydney needed to kick the final four goals against them in round 4 to escape with an 11-point victory.

That is partly why Longmire won’t even contemplate viewing the clash as a possible percentage-booster that could help the Swans’ top-four hopes.

“They’ve obviously changed coach the last three weeks, their clearance stuff is through the roof and their ground-balls are No.1 in the comp, so we’re still mindful of what they can do when they well,” Longmire said .

“We got an experience of that first-hand early in the year.”

Read related topics:sydney

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Categories
Australia

Redland Mayor Karen Williams pleads guilty to drink driving

Redland Mayor Karen Williams has been sentenced to 80 hours of community service after pleading guilty to a drink driving charge.

Williams was also disqualified from driving for six months in a decision handed down in Cleveland Magistrates Court earlier today.

Karen Williams, pictured entering the Cleveland Magistrates Court.
Karen Williams, pictured entering the Cleveland Magistrates Court. (Nine)

Both the 55-year-old and a passenger who was in the car at the time were not seriously injured.

On the night of the crash, Williams had finalized the municipality’s budget, then had four glasses of wine before leaving the council offices.

The crash happened shortly after Williams had held a Zoom meeting with the families of victims of drink-drivers.

Williams has ignored calls for her resignation and said she plans to start back at work again later this week.
Williams has ignored calls for her resignation and said she plans to start back at work again later this week. (Nine)

In July, Williams took personal leave, temporarily stepping aside from her role, after she was charged with driving under the influence of alcohol with a reading off 0.177 percent.

Today, protesters gathered outside the court demanding she resign from her position on the council.

Williams refused to take questions from reporters on whether her role as mayor was still tenable.

“I know I have hard work to do,” Williams said outside court.

“And I will regain that trust as I return to work later this week.”

Categories
US

One person dead in Fitzwilliam crash

SEARCH FOR THE NIGHT, BUT SAY THEY BELIEVE THEY’VE IDENTIFIED THE SUSPECT… AND WILL BE BACK OUT LOOKING TOMORROW. A TROY MAN IS DEAD TONIGHT… AFTER HE COLLIDED WITH A JEEP WHILE RIDING HIS MOTORCYCLE. 27-YEAR-OLD ALEXANDER BARBUR WAS RIDING ON ROUTE 12 IN FITZWILLIAM THIS AFTERNOON. IT APPEARS AS THOUGH HE HIT THE JEEP WHILE IT WAS MAKING A TUR

One person dead after motorcycle crash in Fitzwilliam

One person is dead after a motorcycle crash in Fitzwilliam, according to New Hampshire State Police. The motorcyclist collided with a Jeep on Route 12 in front of Bottom’s Up convenience store, according to officials. Police said the motorcyclist, Alexander Barbur, 27, of Troy, was pronounced dead at the scene. Witnesses saw the motorcycle traveling at an excessive rate of speed while passing other vehicles prior to the crash, officials said. They said Barbur crashed into the Jeep when it was turning left into the Bottom’s Up driveway. The driver of the Jeep did not have any injuries. Police are asking anyone who witnesses the crash to contact police at (603) 223-3790.

One person is dead after a motorcycle crash in Fitzwilliam, according to New Hampshire State Police.

The motorcyclist collided with a Jeep on Route 12 in front of Bottom’s Up convenience store, according to officials.

Police said the motorcyclist, Alexander Barbur, 27, of Troy, was pronounced dead at the scene.

Witnesses saw the motorcycle traveling at an excessive rate of speed while passing other vehicles prior to the crash, officials said. They said Barbur crashed into the Jeep when it was turning left into the Bottom’s Up driveway.

The driver of the Jeep did not have any injuries.

Police are asking anyone who witnesses the crash to contact police at (603) 223-3790.

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Categories
Business

CBD office workers to drop 15pc, forecasts UBS

The percentage of people working only in the office drops to 18 per cent from 47 per cent previously, while the share of hybrid workers jumps to 61 per cent from 33 per cent previously, according to UBS’s forecasts.

The number of people who work only from home edges higher than 21 per cent from 20 per cent previously.

A decline in people driving to work will hit Transurban’s proportional revenue (which reflect income from its toll roads) by about $110 million compared with pre-pandemic levels, excluding income from new roads that opened after December 2019, UBS says.

However, Transurban’s ability to raise toll fares in line with inflation, stronger truck traffic and the opening of new toll roads such as Sydney’s new M5 tunnels (which started taking traffic in mid-2020) are expected to lift the company’s total proportional revenue by more than $1 billion to $3.8 billion by fiscal 2024 compared with fiscal 2019, the bank says.

Transurban CEO Scott Charlton has also said some people who only go into the office two or three days a week are favoring driving their cars over public transport.

The toll road group, which reports its annual results on August 18, has not yet released traffic data for the most recent financial quarter ended June 30. But data for the three months ended March 31 showed its like-for-like traffic flows (excluding new toll roads that opened during the pandemic) were still below 2019 levels in all cities except Brisbane.

Traffic in Sydney and Brisbane was partially hampered by the east coast floods, as well as soaring fuel prices.

UBS argues the increase in people choosing to drive instead of taking the train or the bus is temporary and that people may be inclined to return to public transport to save money because of the rising costs of groceries and energy, while fuel costs also remain high.

Its estimates for Transurban’s fiscal 2024 traffic flows are now about 5 per cent lower than its February 2020 forecasts.

The bank has also cut its fiscal 2023 office income forecasts for property groups Mirvac and Dexus, forecasting that there will be contracted vacancies of 8 per cent to 13 per cent in the office market compared with pre-COVID-19 levels.

“We are cautious on office given the risks are skewed to the downside and the work from home trend appears more persistent and structural than first thought,” UBS said.

more to eat

Categories
Technology

LG Project Demonstrates Adaptability of HVAC System

LG’s Australian Business Solutions arm has unveiled a new project at Brisbane’s Stratton Bar & Kitchen which features a MULTI V 5 HVAC air conditioning system.

Created in partnership with Integrated Group, the system performs efficiently and to the unique design of the building. The former airplane hangar is over 80 years old, and features a curved-steel ceiling and spacious footprint which comprises a 150-seat dining area, as well as a bar and function space.

With no insulation, the owners sought a system that could effectively cool and soundproof the space without taking away from the aesthetic.

“The challenges we faced were essentially converting a shed with no thermal properties and no acoustic properties into a hospitality venue that would be around for years to come,” says Stratton Owner Ben Brown.

lg stratton bar restaurant

“Given the unique nature of the space, it was very important to us that the air conditioning units were both functional and aesthetically pleasing.”

Integrate Group was approached by Stratton to design the system’s capacity. The engineering group found that approximately 180kW of air conditioning would be required to suitably cool the venue.

“The LG MULTI V 5 system was chosen for the Stratton Bar & Kitchen project based on aesthetics, price and ease of installation. The system’s large capacity outdoor units allowed us to minimize the space and lighten the total load needed for installation, which helped us overcome one of the main design hurdles to keep the space neat and tidy,” says Integrated Group Managing Director, Jerome Higgins.

“The MULTI V 5 provided ultimate installation flexibility for its key components, which aided in our solution to build a mezzanine in the back to house the HVAC system, and not take away from the restaurant’s aesthetics inside.”

Differing cassettes were installed in the dining and bar areas as well as the kitchen. The space now features a bespoke, efficient cooling system that is easily operated through LG’s ThinQ app. The system is able to measure temperature and humidity levels and determine its parameters to achieve optimal energy efficiency and maximum indoor comfort levels.

lg stratton bar restaurant

“At LG, we are passionate about providing innovative technology that supports the ever-changing demands for businesses,” says Brad Reed, Head of B2B Marketing (Solutions for Business) at LG Electronics Australia.

“This project with Integrate and Stratton Bar & Kitchen is a great example of how our HVAC solutions enable a comfortable atmosphere for a variety of business settings, working unobtrusively in the background and adding to the aesthetic of the venue. The technology is what keeps offices, hospitals, hotels, shopping malls and other indoor commercial settings cool in the summer and warm in the cool months.”

To find out more about LG Electronics Business Solutions HVAC systems, click here.

Categories
Sports

Sad milestone in Princess Charlotte video

I’m going to make an argument that might make you scoff: To be born a prince or princess in

the British royal family would be a rotten fate.

Oh yes, I know about the castles, the family’s $645 million wealth and the just under $3 billion trusts which only some members hav access to, not to mention the indescribably vast collection of jewels including questionable Romanov pieces, rubies the size of quail’s eggs and that their Gan Gan owns the world’s largest private collection.

To live life, from your first squalling breath, as an HRH means nearly unthinkable privilege, far too much venison and always getting to board a RyanAir flight first.

But, it would still be a rubbish life.

Exhibit A) the video released by William and Kate, Duke and Duchess of Cambridge’s Instagram and Twitter accounts on Sunday night ahead of England’s Lioness soccer team playing in the Euro 2022 final. There the duke sat in some bucolic garden somewhere in England of the sort that Beatrix Potter would have given her best bonnet to sketch. On his knee he sat Princess Charlotte, age seven-years-old, with what looked like a plastered-on, slightly forced smile.

You can see her eyes dart off to the side, possibly to her mother the duchess who, as we know, is a dab hand with a camera. William wishes the team luck before Charlotte gets to deliver her line from Ella at the end, saying “Good luck, I hope you win, bye,” and offering a cheery wave.

It’s short, sweet and should be nothing more than a source of a few million more likes.

Except that, watching the video, something occurred to me. Here we have the future king delivering his lines with genuine warmth and enthusiasm and a small child staring down the barrel of a totally new sort of royal childhood, one where she and brothers Prince George and Prince Louis won’t just be obliged to occasionally appear. in public but will be required to help churn out the social content needed to keep the monarchy afloat.

Sure, all royal kidlets, including a cherubic Queen in the 1920s, have been rolled out to charm and delight the masses, tiny curiosities, waving gamely, that the press could slap on their front pages with glee abandon.

However, what sets the youngest Cambridges totally apart is that they are now also required to help their parents keep the pipeline of photos and videos for social media purposes coming.

Not only are George, Charlotte and Louis already expected to take part in key ceremonial family moments but on top of that, their childhoods are going to be intruded upon in an unprecedented way in the royal annals all in the name of likes, retweets and views .

You can already, clearly, see this pattern emerging if you contrast William and Charlotte at seven.

The year the prince was that age, he took part in the carriage procession for Trooping the Color and the later Buckingham Palace balcony waving session, appeared at the Beating Retreat military parade, and was photographed attending two weddings (his uncle, now the Earl Spencer , and that of the Duke of Hussey’s daughter) and alongside his brother Prince Harry on the younger boy’s first day at school.

Contrast that with the 12-months to date for Charlotte. In August last year she appeared in a Duke and Duchess of Cambridge Instagram post about a conservation effort called the Big Butterfly Count; there was the family’s Christmas card image, snapped during a private holiday to Jordan, that was shared widely; she attended the memorial service for her de ella Great Grandfather Prince Philip in March and the royal easter service in April, before the usual birthday shots of her were released in May.

Come June, Charlotte and her siblings took part in their first Trooping the Colour, did the balcony waving thing, undertook her first official engagement with her parents and George in Cardiff where she participated in an official walkabout, before taking center stage with her family during the Platinum Jubilee Pageant, along with filming a video baking cakes with Kate, George and Louis.

Also in June, the Cambridge Three appeared in a sweet family shot, taken in Jordan, that was posted to mark UK Father’s Day.

Sure, the young Cambridges may never know the hell of being chased by the paparazzi, but often in the coming months and years we are very likely only going to more regularly see their small faces popping up on Instagram, Twitter, YouTube and Facebook feeds. (A gambling woman would put money on William and Kate making a foray onto TikTok soon too.)

For the duke and duchess, being on most of the major platforms means they have agreed to a post-industrialist Faustian bargain. They can plug their brand of royalty – an accessible, warm and relatable one – directly to Britons via the most powerful marketing platforms ever created. The cost? They have to energetically and regularly generate the sort of personal and intimate photos and videos that are expected in these environments, that is, they are going to have to serve up their children at times.

Queen Victoria and Prince Albert, about 160 years ago, had the canny idea of ​​remaking the monarchy’s image by marketing their own family unit (and all nine children). This they did by releasing photos of what had hitherto been entirely personal moments such as christenings and the family on holiday. (In the 1860s, tens of thousands of copies of souvenir photos called carte-de-visites of the family were sold in the UK.)

This is a very similar strategy to the one that William and Kate are pursuing now, with their Happy Normal Family routine one of the building blocks of Cambridge Inc.

Cast your mind back to April last year when the duo released a totally unexpected departure of a video of the family gambolling on a beach, playing in a pristine garden and roasting marshmallows, to mark the duke and duchess’ tenth wedding anniversary.

The whole thing looked and felt like a commercial for a luxury station wagon, complete with atmospheric guitar music.

That was not an accident because fundamentally, William and Kate’s job comes down to the same thing a German car brand does: selling. In their case, selling the UK on a hereditary monarchy again and again to ensure it survives well into the 21st and 22nd centuries.

And, while every generation of royal parents have made their children accessible to the world via whatever the new technology of the day is, before now there was at least some sort of line between their private and public selves.

What sets George, Charlotte and Louis apart is that that distinction, that line, has quietly blurred in the last couple of years. We have seen content shot during family holidays, while ensconced on their private estates and after school in the Kensington Palace garden, shared on social media by their parents.

Obviously William and Kate are deeply protective of their children but they also have a responsibility to the monarchy too and that means embracing whatever new marketing weapons they can add to their arsenal.

Social media is a beast that must be fed and in recent years William and Kate have seriously upped their game on this front, hiring David Wakins, who formerly ran the Sussex Royal social media accounts, and launching a YouTube channel with a charming sizzle reel of sorts.

We are now served up, via the various Cambridge accounts, made-for-social content to promote their good works or news, such as when Kate was named as the Patron of the Rugby Football League and Rugby Football Union in February, with Kensington Palace putting out a sweet 30 second video starring the duchess amongst others.

These days it is hours, at the very most, after they attend any sort of engagement or event that videos and/or multiple images taken by the Cambridge team are posted, chirpily informing the world of what they have been up to and increasingly offering behind -the-scenes access.

Take their recent, somewhat disastrous tour of the Caribbean where they paid for their own photographer Matt Porteous to record their trip and where the couple’s digital team put out daily videos and photo montages.

A video of them scuba diving, shot by Porteous, to view marine conservation work was an interesting first – an official engagement conducted while the credentialed press pack were nowhere in sight and which was exclusively shared with the world via social media.

Clearly, William and Kate are devoting time, energy and budgetary resources to building up their social media presence as they inch ever closer to the throne but that is a path that involves their kids, whether any of them like it or not. (I’d wager it’s the latter.)

To be seven-years-old and on school holidays, and yet to be expected to take a break from your childhood to record a video in service of an ancient, stultifying institution? I’m not sure there are enough emeralds in the world to make up for that.

Daniela Elser is a royal expert and a writer with more than 15 years’ experience working with a number of Australia’s leading media titles.

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Categories
Australia

Canberra couple in court for allegedly assaulting, threatening boys after slapping game got out of hand

A slapping game gone wrong between a group of boys has landed a Canberra couple in the ACT Magistrates Court.

The court heard the incident began with a game that involved face slapping between the boys, aged 12 and 13, which escalated, causing distress to one of them.

After the boy reported his distress to his mother, 32, and her partner, 31, they accompanied him back to the house where the other boys were, finding them in a bedroom.

Prosecutors told the court the man placed one of the boys in a headlock and, as the pair fell onto a mattress, he kicked a second boy in the head.

Magistrate Glenn Theakston noted there was an allegation he then tried to choke a third boy.

“He placed his hand around the throat of another boy,” Magistrate Theakston told the court, noting the boy was struggling to breathe.

The court heard the boy’s mother made threats, telling the boys “you are screwed.”

She also allegedly told them her partner had “just got out of jail” and “we’ll get you before school”.

“We’ll get people to get you,” she allegedly said.

Prosecutors told the court it was a disproportionate response and a serious example of an assault not befitting parents.

Magistrate Theakston said he would release the woman on bail, given she had not used any force.

“I am hoping she has cooled down,” he said.

But the man has been remanded in custody after the prosecution raised concerns about reoffending.

Magistrate Theakston agreed, and said it was a bizarre assault, which seemed to have been justified by a sense of grievance to do with his partner’s son.

“I’m just not satisfied that bail conditions would [allay] my concerns,” the magistrate said.

The woman has indicated a plea of ​​not guilty and will return to court in October.

The man will be back in court later this month.

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Categories
US

Putin pledges to expand Russia’s naval power, citing US as top threat

Russian President Vladimir Putin signed a naval doctrine on Sunday that accused the United States of seeking to dominate the world’s oceans and extends Moscow’s own ambitions into the Arctic Ocean.

Putin inked the document shortly before delivering a patriotic speech on Navy Day urging Russia to defend its national security interests, according to Reuters.

The 55-page naval doctrine says Russia will aim to become a “great maritime navy” with a presence across the world to counter the “strategic policy of the USA to dominate the world’s oceans.”

“Guided by this doctrine, the Russian Federation will firmly and resolutely defend its national interests in the world’s oceans, and having sufficient maritime power will guarantee their security and protection,” the doctrine reads, per Reuters.

It also says Russia will expand its ambitions in the Arctic Ocean. The US has previously warned Russia and China against aggression in the Arctic region.

Speaking at the city of St. Petersburg off the Neva River later in the day, Putin said Russia will “defend our interests” in claimed territories.

“We need to take resolute action today, given the challenges we’re facing,” the Russian leader said. “The homeland for everyone is a sacred concept. We need to defend it.”

As Putin finished, he earned a large “hoo-rah” from the naval sailors and officers who gathered for Navy Day, which is celebrated on the last Sunday of July.

Putin did not mention the war in Ukraine, but he pledged to defend Russian naval power in the Black and Azov seas.

“We need to rely on our capabilities, and anyone who would like to endanger our sovereignty will get a strong response,” Putin said.

The Russian president ordered an invasion of Ukraine in late February, in part because he feared Ukraine would join the western security alliance NATO.

With the US spending billions to arm Ukraine, tensions between Moscow and Washington are higher than at any point since the Cold War.

However, Secretary of State Antony Blinken and Russian Foreign Minister Sergey Lavrov on Friday held their first call since the war began, to discuss a possible prisoner swap.

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