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12
Jul

The EU-US Privacy Shield is up, but its future is in doubt


After much argument and discussion, the European Commission (EC) today adopted the Privacy Shield, an EU-US agreement that’s supposed to protect the rights of Europeans whose personal data is transferred to the US. It’s necessary because laws in the US aren’t on par with Europe when it comes to data protection. With the agreement in place, companies like Facebook and Twitter can now freely move information between regions while ensuring that Europeans’ rights are upheld.

The new agreement replaces Safe Harbor, a similar legal framework which was ruled invalid by the European Court of Justice (ECJ) last year. Safe Harbor basically allowed data to be transferred so long as companies stated they were in compliance with European privacy standards. Problem was, US tech companies have not been able to prevent agencies like the NSA from snooping on foreign data. It was the Snowden-led revelations of 2013 that eventually led to Safe Harbor being ruled ineffective at protecting data privacy.

Since the ECJ killed Safe Harbor, officials on both sides of the Atlantic have been scrambling to put together a replacement. Tech companies and other businesses that transfer data overseas have effectively been in a legal no man’s land, with no framework in place but, in some cases, no way to stop transferring the data without shutting down their businesses.

At their core, the goals of both agreements are identical: Participating companies must treat data originating from the EU in accordance with EU law, regardless of whether it sits in a data center in Rome, Italy, or Rome, Georgia. And the way that companies do that, by essentially saying “yes we meet the EU standards,” has also not really changed. The real difference here is in the safeguards that make sure companies and governments abide by the rules.

The changes in this respect are threefold. First, the US Department of Commerce is now responsible for ensuring companies are meeting the higher data privacy requirements. Second, any individual whose data originates from the EU (not just Europeans) can complain if they feel their rights have been violated. Those complaints will be forwarded to the relevant US department and handled “expeditiously” and “at no cost to the individual.” Third, the US has “ruled out indiscriminate mass surveillance on personal data transferred to the US,” and promised bulk collection would “only be used under “specific preconditions and needs to be as targeted and focused as possible.” Complaints pertaining to data transferred on “national security grounds” (as the Privacy Shield documents put it) will be handled by an ombudsperson, who should work impartially and independently of all federal security agencies.

The tech industry has been represented in the discussions surrounding Privacy Shield by DigitalEurope, a collective of companies and trade associations. The group, which includes Apple, Dropbox, Google, Microsoft, Samsung and Sony, has welcomed the agreement, and says its members are readying themselves to begin meet the new standards and sign up. Microsoft, in a blog post, said the decision “sets a new high standard for the protection of Europeans’ personal data.”

Others are less convinced. While the final agreement has yet to be analysed by parties outside of the discussions, leaks of the document have been read through by privacy advocates. In a post on Medium, Privacy International’s legal officer Tomaso Falchetta said Privacy Shield will be “a field day for law firms.” His arguments are nuanced, but the key point is this:

“Given the flawed premises — trying to fix data protection deficit in the U.S. by means of the Obama Administration’s assurances as opposed to meaningful legislative reform — it is not surprising that the new Privacy Shield, at least as it appears in the leaked version, remains full of holes and offers limited protections.”

Falchetta’s words have been echoed by many, including Max Schrems, a lawyer and privacy activist whose complaint against Facebook’s data practices set in motion a chain of events that killed Safe Harbor. “It’s the same as Safe Harbor with a couple of additions, and it’s going to fail like the one before,” he told Fortune. “It’s better than Safe Harbor, obviously, but far from what the ECJ has asked for.” Although Schrems is unsure if he’ll go after Privacy Shield in the same way, he’s sure that someone will, and successfully so: “We haven’t really made up our minds so far, but it’s really not a problem to challenge it,” he said. “There are so many options to kill it.”

Source: European Commission

12
Jul

First Renders of Upcoming Google Smartwatches Emerge Online


Last week, we reported that Google is said to be working on its own branded pair of smartwatches, in a break from its traditional reliance on third-party manufacturers to come up with the hardware for its Android Wear OS.

Given the continuing interest in rival smartwatches of the round-faced variety, some readers may be interested in the latest renders showing what Google’s upcoming pair of wearables could look like.

The image above published by Android Police, the site of the original leak, is described as an accurate “recreated image” of primary source material, used to preserve the anonymity of the source. The site also warns that the devices are still under development and therefore may ultimately differ from the design shown.

With those caveats in mind, the larger watch render on the left is based on the 43.5mm “Angelfish”, which is said to feature a heart-rate monitor, GPS, and LTE cellular connectivity for standalone use. The watch has three buttons, where third-party Android Wear devices typically have one, suggesting possible Google Assistant integration with contextual alerts. According to the report, the Angelfish will not be compatible with Android Wear Mode watch bands.

The smaller 42mm device, codenamed “Swordfish”, offers just the one crown button and is thought to lack the HRM, GPS and LTE smarts of the larger watch, but will be compatible with Android Wear Mode watch bands. The report states that Google avoided Motorola’s flat-tyre design issue by adding a thick bezel between the display and ring, making the screen much smaller. Both displays show the customizable watch face of Android Wear 2.0 demoed at Google I/O this year.

Unlike the Google-branded phones which are said to be coming this year, it’s not clear when the company plans to release the watches, although they could potentially appear alongside Google’s next range of Nexus smartphones slated for 2016, or with the launch of Android Wear 2.0 this fall. There is no word on pricing as yet.

In related news, Fitbit is also said to be testing two new wearable devices, slated to launch this September.

According to tech site Wareable’s source close to Fitbit’s beta testing team, the company is using atom-themed codenames as internal monikers for the two upcoming devices – the same method used to test both the Alta and Blaze late last year.

“Laryon” and “Fermion” are currently being used in the wild under similarly veiled “black wrist covers” to preserve secrecy. The devices are thought to be successors to the Fitbit Flex and Fitbit Charge after trademark applications for the Mark II devices were recently discovered.

Tags: Google, Android Wear, Fitbit
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12
Jul

Tesla and Google Face Regulator Scrutiny After Self-Driving Cars Crash


Google’s self-driving car project has appointed its first general counsel after a number of crashes involving the company’s vehicles caught the attention of regulators (via Reuters).

The National Highway Traffic Safety Administration (NHTSA) said it was collecting information after a minor incident in March when a Google self-driving car struck a municipal bus in California. On that occasion, it did not open a formal probe.

Tesla however is feeling more intense pressure after one of its own cars was implicated in a fatal road accident recently. The NHTSA has opened a formal investigation into the May 7 death of a Tesla Motors Model S driver in Florida who was operating in “Autopilot” mode when his car crashed into a semi-trailer.

Tesla’s Autopilot system uses cameras and radar, but not lidar – a special sensor that uses laser to more accurately identify environmental obstacles. The company said its system would have had trouble distinguishing a white semi-trailer positioned across a road against a bright sky.

Reuters reports that the United States Securities and Exchange Commission (SEC) is also looking into whether Tesla breached securities laws by not telling investors about the fatal May 7 Autopilot crash.

The SEC investigation aims to determine whether the accident should have been labeled a “material event” by Tesla, or one that investors are likely to consider important, when the company sold $2 billion in stock on May 18.

In a blog post written in response to a Fortune article on the subject, Tesla explained that all it knew when it notified the NHTSA of the accident was that the driver had died, not that Autopilot was involved. The SEC investigation continues.

Industry executives and analysts told Reuters they expect the Tesla crash will spur investment in self-driving vehicle systems that combine multiple kinds of sensors, including lidar.

Goldman Sachs forecasts the market for advanced driver assistance systems and autonomous vehicles will grow from about $3 billion last year to $96 billion in 2025 and $290 billion in 2035. More than half of that revenue in 20 years will come from radar, cameras and lidar, Goldman estimates.

Meanwhile, U.S. regulators are currently lagging behind in issuing written regulations for autonomous vehicles. Regulations were meant to be unveiled by July 14, but U.S. Transportation Secretary Anthony Foxx announced last month they might not be released until later this summer.

Apple has met with California DMV officials regarding self-driving car laws within the state and multiple reports from The Wall Street Journal indicate that the Cupertino company is exploring the functionality with the possibility of including it in a later iteration of the much-rumored Apple Car.

The bulk of Apple’s car research and development is thought to be taking place in secretive buildings in Sunnyvale, California, where late night “motor noises” have been heard in recent months.

Multiple sources have indicated that the Apple Car could be finalized by 2019 or 2020, but a more precise timeframe remains unclear due to possible internal setbacks and other unforeseen circumstances. Tesla CEO Elon Musk recently called the Apple Car an “open secret,” as his company aims to fulfil more than 325,000 pre-orders for its lower-priced Model 3 by late 2017.

Related Roundup: Apple Car
Tags: Google, Tesla
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12
Jul

Pokémon Go Android settings you need to know


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What are the Pokémon GO Android settings you need to know?

Welcome back, Pokémon! We’ve been waiting ever so patiently. Well, not patiently, if we’re being completely honest. Now that Pokémon Go lives on your Android device, you need to know how to navigate the settings before jumping in and playing the game.

  • Accessing the Main Menu
  • Music
  • Sound Effects
  • Vibrations
  • Battery Saver
  • Quick Start
  • Help Center
  • About Pokémon Go
  • Sign Out

Accessing the Main Menu

Launch the Map View of Pokémon Go.
Tap the Main Menu button. It’s the Poké Ball at the bottom of your screen.
Tap Settings at the top right.

Tap the menu item you wish to select.

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Music

The music is enabled by default, so don’t be alarmed when you head out to play and you suddenly have your own Junichi Masuda soundtrack accompanying your walk. You can toggle it off here.

Sound Effects

The game sound effects are enabled by default, and as awesome as they are, you may not always want them on. You can toggle them off here.

Vibrations

Vibrations are enabled by default, and they are useful for letting you know about nearby Pokémon. But if you don’t want them, they can be toggled off here.

Battery Saver

This is your battery life optimization feature. The reality is that this game is going to drain your battery mighty quickly. While the Battery Saver is enabled, your display will be disabled when your device is pointed downward. You’ll still be able to track distance in this mode, and you will continue to be notified if Pokémon are nearby.

More: How to save your battery while playing Pokémon Go

More: Best external battery packs for Pokémon Go

Quick Start

This will launch a gameplay tutorial. If you’re brand new to the Pokémon Go experience, this is going to be tremendously helpful.

Help Center

The official Help Center gets launched in your web browser to answer any more detailed questions you may have.

About Pokémon GO

If inquiring minds want to know, here is where you’ll find the copyrights, Terms of Service (seriously, consider reading it), Privacy Policy, and license information regarding the game.

Sign Out

Well, that one pretty much explains itself… and you probably won’t be using it very much.

Pokémon Go

  • Requirements to play Pokémon Go
  • The Ultimate Pokémon Go Game Guide!
  • How to play without killing your battery
  • Be careful where you download from
  • Join our Pokémon Go forums!

12
Jul

Amazon Prime Day is back — here are the best deals!


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Amazon’s Prime Day is back for its second showing, with the retailer offering heavy discounts across categories. The rarely-discounted Echo Bluetooth speaker is down to $129, which is $50 off of its retail price of $179. The Amazon Tap has also been discounted to $99, a $30 savings. Then there’s the unlocked 64GB gold Nexus 6P, which is available for $403.

The deals are exclusively for Prime members, and if you haven’t registered for the service yet, you can do so from here.

Amazon devices

  • Amazon Echo – $129 – $50 discount
  • Amazon Tap – $99 – $30 discount
  • 7-inch Fire Tablet (8GB) – $33.33 – $16.66 discount
  • 7-inch Fire Kids Edition Tablet – $69.99 – $30 discount
  • Fire TV Stick – $24.99 – $15 discount
  • Fire TV – $69.99 – $30 discount
  • Kindle Voyage (Wi-Fi only) – $149.99 – $50 discount
  • Amazon Dash Button – $0.99 (receive $4.99 credit after first purchase) – Down from $4.99

Phones, tablets, and smartwatches

  • Nexus 6P (Gold, 64GB) – $403 – $146 discount
  • Honor 5X (Gold, 16GB) – $119 – $80 discount
  • LG G5 (32GB, Silver, Titan) – $579 – $70 discount
  • Huawei Watch (Stainless Steel, Stainless Steel Link Band) – $206 – $193 discount
  • Moto G4 (32GB, lock screen offers) – $179.99 – $50 discount
  • Moto X Pure Edition (Black, 32GB) – $249 – $100 discount
  • Samsung Gear S2 (Dark Grey, Silver) – $224 – down from $299
  • Moto 360 Sport (45mm, Flame) – $149 – $50 discount
  • Pebble Time Steel – $159 – down from $219

TVs and accessories

  • Samsung UN55KU6600 curved 55-inch 4K TV – $649 – $598 discount
  • Bose SoundSport in-ear headphones (audio only) – $49.95 – down from $99
  • 30% off Nexus 6P cases
  • 30% off Nexus 5X cases
  • 30% off Galaxy S7 edge cases
  • 30% off Galaxy S7 cases
  • 30% off LG G5 cases

Amazon will also offer a $10 discount on your purchase if you order with Alexa. Head to Amazon to take a look at all the deals available today.

See at Amazon

12
Jul

Do not fake your location in Pokemon Go


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That random dude on the internet does not care if you get banned.

Pokemon Go is a location-based game, where you have to go to a physical location in the real world in order to accomplish a task and do better in the game. Or is it? Pokemon Go forums are lousy with super secret ways to fake your location in the game so you can more easily get the things you want. Here’s the thing, though. The folks that make Pokemon Go have been doing this for a while, and if you follow this one weird trick to score all the Pokemon without leaving your home, you’re account is going to be banned in a hurry.

Please trust that it is a lot more fun to get out in the world to play this game.

Niantic, the folks behind Pokemon Go, have been doing location-based gaming for a while now. Their first effort, Ingress, had a serious problem in the early days with folks who thought spoofing their location was a good idea. It caused a lot of problems in the game, so Niantic took some time to make sure there were tools in place to stop people from faking their location.

It’s not a perfect system, and there are still people who claim to be very careful about their faked locations in order to get away with this sort of thing. But for every person you find who figured out the ultra-secret method for cheating in Ingress and Pokemon Go, you’ll find at least five people who tried to replicate those techniques and got themselves banned. Please trust that it is a lot more fun to get out in the world to play this game. You’ll be way happier with the end result!

Pokémon Go

  • Requirements to play Pokémon Go
  • The Ultimate Pokémon Go Game Guide!
  • How to play without killing your battery
  • Be careful where you download from
  • Join our Pokémon Go forums!

12
Jul

Put that cup of tea down and check out these Amazon UK Prime Day deals!


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It’s Prime Day at Amazon and that means we’re in for a day pack full of promotions and enticing deals on a variety of products. From the NVIDIA Shield 16GB Android TV box for just £99.99 to the Wileyfox Swift 4G Dual SIM handset for £94.99, there’s a little something for everyone when it comes to tech discounts.

Amazon hardware

  • Amazon Fire TV – £54.99 – £25 discount
  • Fire HDX – £279.99 – £160 discount
  • Fire TV Stick – £19.99 – £15 discount
  • Fire Kids Edition Tablet – £69.99 – £30 discount
  • Fire Tablet – £34.99 – £15 discount
  • Kindle Paperwhite E-reader – £79.99 – £30 discount

Phones, tablets and other tech

  • Lenovo N22 11.6-Inch HD Chromebook – £99.99 – £60 discount
  • Wileyfox Swift – £94.99 – £35 discount

TV and other accessories

  • B&O PLAY by Bang & Olufsen Beoplay H2 – £79 – £90 discount
  • Crucial MX300 750GB SSD – £109.99 – £61
  • NVIDIA Shield 16GB Android TV – £99.99 – £50 discount

What will you be picking up today? Let us know in the comments!

12
Jul

Samsung Galaxy Note 7 vs Galaxy S7 edge vs Galaxy S7: What’s the rumoured difference?


Samsung is set to release the next generation of Galaxy Note at the beginning of August. The new device is claimed to be going by the name of Galaxy Note 7, rather than Galaxy Note 6, in order for it to be better associated with the rest of the company’s 2016 flagships.

Aside from the name, what are the other similarities and differences between the Note 7, the Galaxy S7 edge and the Galaxy S7 though? Read on to find out how they compare based on the rumours.

Samsung Galaxy Note 7 vs Galaxy S7 edge vs Galaxy S7: Design

The Samsung Galaxy Note 7 is claimed to follow the design cues of the Galaxy S7 edge, but with the addition of a redesigned S Pen. It is unclear if there will be both flat and curved models, or just a curved, but rumour has it, the Note 7’s measurements will be 153.5mm x 73.9mm x 7.9mm.

An iris scanner and fingerprint sensor have both been reported for the Note 7, along with a water and dust resistance of IP68. Renders of the Note 7 have appeared showing black, silver and blue colour options.

The Galaxy S7 edge measures 150.9 x 72.6 x 7.7mm and weighs 157g, while the Galaxy S7 measures 142.4 x 69.6 x 7.9 mm and weighs 152g. Both offer metal builds, with Corning Gorilla Glass 4 rears, but the S7 edge has a dual-edge display, while the standard S7 is flat.

The S7 edge and S7 both have a water and dust resistance rating of IP68 and they come with a fingerprint sensor on the front.

Samsung Galaxy Note 7 vs Galaxy S7 edge vs Galaxy S7: Display

The Samsung Galaxy Note 7’s display has been rumoured at 5.7-inches and 5.8-inches. It is said to be sticking with Super AMOLED technology, as well as a Quad HD resolution, both of which can be found on the later preceding Note devices.

As we mentioned, it is currently unclear whether the Note 7 will be available in a curved device and a flat device, or just a curved option. Either way, it’s looking like at least one model of the Note 7 will have a dual-edged display like the Galaxy S7 edge.

Both the Galaxy S7 edge and the Galaxy S7 feature Quad HD resolutions and Super AMOLED displays. The Galaxy S7 edge is 5.5-inches and has a dual edge display, while the Galaxy S7 is 5.1-inches.

As both the S7 and S7 edge are smaller than the expected size of the Note 7 but feature the same resolution, they will offer a slightly higher pixel density. The S7 edge sits at 534ppi and the S7 at 577ppi, while the Note 7 will be either 515ppi, or 506ppi, depending on the confirmed size. The difference won’t be noticeable to the human eye, but based on the numbers, the S7 offers the sharpest display of the three devices being compared here.

Samsung Galaxy Note 7 vs Galaxy S7 edge vs Galaxy S7: Camera

The Samsung Galaxy Note 7 is rumoured to be arriving with a 12-megapixel rear camera, coupled with a 5-megapixel front camera. One of the latest reports suggests the rear camera will feature Dual Pixels, which is a technology Samsung launched on the S7 and S7 edge in March.

Based on the rumours, it looks like the Note 7 could sport the same front and rear camera sensors as the S7 and S7 edge. These two flagships also both offer a 12-megapixel rear snapper, coupled with a 5-megapixel front camera.

Both the front and rear cameras of the S7 and S7 edge have an aperture of f.1/7, helping them in low light conditions. They are excellent performers so if the Note 7 offers the same or better, we can expect great results.

Samsung Galaxy Note 7 vs Galaxy S7 edge vs Galaxy S7: Hardware

The Samsung Galaxy Note 7 is reported to be coming with the Qualcomm Snapdragon 823 processor, or an Exynos chip, depending on the region. Rumours claim there will be 6GB of RAM on board, as well as 64GB of internal storage and the return of microSD support. It’s not currently clear if there will be other storage options available too.

The Note 7’s battery capacity has been touted as 4000mAh, 4200mAh or 3600mAh, with contradicting reports, but almost all rumours suggest USB Type-C.

The Samsung Galaxy S7 edge and Galaxy S7 both come with the Qualcomm Snapdragon 820 chip, or the Exynos 8890, again depending on the region. The two devices are supported by 4GB of RAM and they come in 32GB and 64GB storage options, both of which offer microSD but it isn’t compatible with Marshmallow’s Adoptable storage function.

The S7 edge has a 3600mAh battery, while the S7 has a 3000mAh battery so hopefully the Note 7 will offer either 4000mAh or 4200mAh, otherwise it will be the same as the S7 edge, only with a larger display to power. Both the S7 edge and S7 have Micro-USB over USB Type-C.

Samsung Galaxy Note 7 vs Galaxy S7 edge vs Galaxy S7: Software

The Samsung Galaxy Note 7 will no doubt launch on Android Marshmallow 6.0 with TouchWiz over the top.

There have been several rumours relating to the Note 7’s software, including the idea of a BlackBerry-style hub called Samsung Focus, and advancements regarding the S Pen.

The Samsung Galaxy S7 edge and Galaxy S7 both launched on Android Marshmallow 6.0 and again feature TouchWiz. This means the user interface on the Note 7 will be familiar, but it is likely to differ slightly in some areas, such as where the S Pen is concerned.

Should the Note 7 have a dual-edge display like the Galaxy S7 edge, expect to see a similar software experience between these two devices here too.

Samsung Galaxy Note 7 vs Galaxy S7 edge vs Galaxy S7: Conclusion

Based on the rumours, it looks like the Note 7 will be a slightly larger version of the Galaxy S7 edge, and maybe the S7 too depending on whether Samsung launches both a curved and flat model.

There appear to be very few differences based on the numbers at the moment, with the same cameras expected, the same display resolutions and technology and similar software.

The Note 7 will no doubt come with an S Pen, which will of course differentiate it from the Galaxy S7 edge and S7, as will its slightly larger footprint. It also looks like the battery capacity could see an increase, along with the power. This is all speculation for now, but we will update this feature as official details are revealed.

  • Samsung Galaxy Note 7 rumours, release date and everything you need to know
  • Samsung Galaxy Note 7 vs Note 5 vs Note 4: What’s the rumoured difference
12
Jul

Forget Note 7, first Snapdragon 821 phone will be Asus ZenFone 3 Deluxe


Asus has announced a new version of the Asus ZenFone 3 Deluxe that will be the first phone shipped with the recently launched Qualcomm Snapdragon 821 processor.

Qualcomm announced its new chipset yesterday, 11 July, which uses a similar Kryo quad-core CPU as its current high-end processor, but the 821 is faster. It can be clocked up to 2.4GHz, so is more than 10 per cent faster than the previous generation.

Asus will be using the chip in its highest spec’ed variant of the ZenFone 3 Deluxe. That also comes with 6GB of DDR4 RAM and 256GB of on-board storage. The latter can also be expanded by up to a further 128GB through microSD.

It also has dual-SIM support.

Its screen is 1080p, there is a 3,000mAh battery, and it features a 23-megapixel camera on the rear, 8-megapixel on the front.

  • Qualcomm Snapdrgaon 821 arrives just in time for Galaxy Note 7
  • Asus Zenfone 3, Zenfone Deluxe and Zenfone Ultra preview: Three-way attack on phone market

Another couple of ZenFone 3 Deluxe models will be available too, with the older Snapdragon 820 processors inside running the show. They will have 4GB and 6GB of RAM respectively, and 32GB and 64GB of storage.

All the other specifications are the same as the higher spec’ed model above.

As they were each unveiled at an event in Taiwan, the only release details revealed so far are that the phones will be available in that country and Hong Kong. They range from $500 (£380) to $780.

We’ll let you know of other regions for roll out when we find out.

12
Jul

WSJ: SEC is investigating Tesla’s fatal Autopilot crash


Tesla is facing another probe over the May 7th crash that killed the driver of a Model S that was cruising the streets on Autopilot. The Securities and Exchange Commission is looking into whether the company broke the law by failing to inform investors of the accident, according to The Wall Street Journal. Tesla told the National Highway Traffic Safety Administration (NHTSA) about the crash as soon as it found out. However, it wasn’t able to notify investors about it and that it happened while the car was on Autopilot before it sold $2 billion in stock on May 18th and May 19th.

When the WSJ asked the company about the probe, a spokesperson said it hasn’t received any notification from SEC yet. She also pointed to a blog post the company made in response to a scathing article Fortune posted about the incident. In it, the team wrote:

“When Tesla told NHTSA about the accident on May 16th, we had barely started our investigation. Tesla informed NHTSA because it wanted to let NHTSA know about a death that had taken place in one of its vehicles. It was not until May 18th that a Tesla investigator was able to go to Florida to inspect the car and the crash site and pull the complete vehicle logs from the car, and it was not until the last week of May that Tesla was able to finish its review of those logs and complete its investigation.”

The spokesperson said that the Model S that crashed was so badly damaged, the team wasn’t able to retrieve data from the car remotely. By the time the company’s investigator went to Florida and finished his inspection, Tesla was already done selling 2.8 million shares, which it had to do for tax purposes. The company also argued that the accident wasn’t caused by Autopilot — it was “the result of a semi-tractor trailer crossing both lanes of a divided highway in front of an oncoming car.”

SEC’s probe, WSJ’s source said, is still in its very early stages, so it’s still too soon to tell whether the commission will take any action against the company. University of Michigan law professor and former SEC attorney Adam Pritchard told the WSJ, though, that the fact the Tesla’s stock price “bounced back very promptly” after news about the crash came out was “fairly persuasive evidence that it was not material.” By saying it was “not material,” he means it’s not an info that shareholders would consider important in deciding how to invest their money. If SEC agrees with that assessment, then Tesla wouldn’t be found guilty of breaking the law and wouldn’t face any penalty.

Via: Reuters, Autoblog

Source: The Wall Street Journal