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The past week hasnt been the kindest to the electric vehicle industry. Now, its capped off with news that the EV startup Fisker is the subject of an investigation from the US Securities and Exchange Commission (SEC). TechCrunch reported that SEC officials sent several subpoenas to Fisker. The filing doesnt specifically say what the subpoenas are asking for or looking into but its clear that the SEC has launched an investigation into the floundering EV maker that filed for Chapter 11 bankruptcy in June. Fisker has been struggling to keep its head above water ever since last years disastrous rollout of its Ocean SUV that failed to score more than a few thousands sellers even though it produced well over 10,000 units. Following its Q4 earnings report last year that saw a gross margin loss of 35 percent, the car maker announced it would lay off 15 percent of its workforce the following March as it shifted to a direct-to-consumer sales strategy. A Fisker spokesperson declined to comment on the matter to TechCrunch saying they could not comment on the existence or nonexistence of a possible investigation. Fisker isnt the only EV maker to suffer a noticeable setback. Tesla saw a major stumble with the fifth recall of its beleaguered Cybertruck.This article originally appeared on Engadget at https://www.engadget.com/transportation/evs/fisker-faces-more-bad-news-as-the-sec-starts-investigating-its-business-practices-222504280.html?src=rss
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Why is it so satisfying to toss, drop, throw and fling ragdoll characters down steps, out of windows and into oncoming traffic in games like Human Fall Flat? Ragdoll games just know how to scratch the lizard part of our brain that enjoys being the destructive force of mayhem while also meeting the moral center of our frontal lobe by not causing any real world harm (or felony charges). Now youll be able to see the fruits of your destruction in a virtual environment as Human Fall Flat and its hapless, ham-handed hero head to the Meta Quest headsets and Steam VR on Halloween. Curve Games and No Brakes Games are also working on a version for the PSVR2 for a date yet to be announced. Human Fall Flat is a three-dimensional physics platformer that has you control a floppy, ragdoll human named Bob. Just like the other games, youll see Bob in a third-person perspective as you use his sinewy limbs to guide him through a series of bizarre obstacles like a train that somehow derailed through the top floor of a Victorian style mansion, a dysfunctional power plant in dire need of a OSHA review and the inevitable ice world level. Owners of a Meta Quest 2, Meta Quest 3 or Meta Quest 3S headset can pre-order the game now on the Quest App Store for the discounted price of $9.99. The Steam port doesnt have a price yet but you can add it to your wishlist.This article originally appeared on Engadget at https://www.engadget.com/ar-vr/soon-youll-be-able-to-fling-around-the-klutzy-schlub-in-human-fall-flat-on-vr-212033104.html?src=rss
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X has lost a legal fight in Australia in which the company tried to avoid a $400,000 fine by claiming that Twitter no longer exists. The creative legal argument, first spotted by ArsTechnica, came amid a more than year-long dispute with Australias eSafety Commission. The commission had asked the company, then known as Twitter, to provide details about its handling of child sexual exploitation on the platform last February. In its response, X failed to answer a number of questions and left some sections entirely blank, the commission said in a statement last year. As a result, the eSafety Commission slapped the company with a more than $415,000 fine for non-compliance. It was an attempt to fight that fine that led to Xs claim that it shouldnt be responsible since Twitter had ceased to exist. From the court filing: X Corp submitted that, on and from 15 March 2023, Twitter Inc ceased to be a person, and therefore ceased to be a provider of a social media service. It was submitted that Twitter Inc therefore lacked capacity to comply with the notice, and that X Corp was not obliged to prepare any report in Twitter Incs place, as X Corp was not the same person as the provider to whom the notice was issued. The argument isnt exactly new for the Elon Musk-owned entity. CEO Linda Yaccarino has also repeatedly claimed that X is a brand new company in a bid to avoid scrutiny. She repeated the line multiple times earlier this year while testifying at a Senate hearing on child safety issues. Australia federal Judge Michael Wheelahan, however, found the claim unconvincing, saying that Xs argument required leaps in logic that were not supported by adequate explanation. X didnt immediately respond to a request for comment. In a statement, eSafety Commissioner Inman Grant cheered the decision. Had X Corps argument been accepted by the Court it could have set the concerning precedent that a foreign companys merger with another foreign company might enable it to avoid regulatory obligations in Australia, Grant said.This article originally appeared on Engadget at https://www.engadget.com/social-media/x-lost-a-court-battle-after-trying-to-claim-twitter-ceased-to-exist-203030765.html?src=rss
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