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A judge has approved the settlement that finally wraps up a case brought against Tesla by the Police and Fire Retirement System of the City of Detroit. The shareholders argued that Tesla's board of directors overpaid themselves between 2017 and 2020. Chancellor Kathaleen McCormick of Delaware's Court of Chancery approved the settlement yesterday. Tesla's directors will be required to return roughly $277 million in cash and $459 million in stock options, as well as forgoing stock options for 2021-23 worth $184 million. McCormick also awarded $176 million in fees and costs to the trio of law firms that brought the case on a contingency basis. Some of the notable directors named in the suit include Chair Robyn Denholm, James Murdoch (son of Fox News owner Rupert Murdoch) and Larry Ellison (co-founder of Oracle). The board members did not admit to wrongdoing and the settlement does not specify how much each individual should return, only the collective amount.This article originally appeared on Engadget at https://www.engadget.com/transportation/judge-approves-settlement-in-suit-that-teslas-board-overpaid-themselves-185901600.html?src=rss
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Just a couple of days after Anker announced its 140W four-port wall charger at CES 2025, its already on sale. The charging brick has a display (which lets you keep tabs on various metrics), multiple fast-charging options and an odometer to track its lifetime usage. You can slash $10 off its retail price on Amazon and Ankers website. When not on sale, the Anker Charger (140W, 4-Port, PD 3.1) costs the same as Apples 140W wall charger for MacBooks but has loads of extra perks. Among those is its high-definition (although we dont know the exact resolution) color display. There, you can monitor its total output power, a per-port wattage breakdown, temperature and its total hours of operating time (the aforementioned odometer). The screen even rotates 90 degrees with a long press of its button to fit different outlet orientations. Its three USB-C ports, two of which are high-speed and can charge a 15-inch MacBook Air to 50 percent in 30 minutes. Also onboard is a single USB-A port. The Anker Charger supports multiple fast-charging options, including PD3.1 and UFCS. Its bundled with a five-ft 240W USB-C to USB-C cable. The four-port charger has an MSRP of $90, but you can get it for $80 by clipping a digital coupon on Amazon and Ankers website. Also on sale is Ankers new 25,000mAh charger with two built-in cables. One cable is retractable, while the other loops into a lanyard when not in use. Anker says the retractable one has been tested for over 20,000 retractions, and the lanyard cable can support up to 44 pounds. The soda-can-sized charger also has three USB-C ports, which can deliver up to 100W to your devices. It, too, has a display showing battery temperature, output and input wattage and battery health (this one is shown in a classic percentage rather than hours). The Anker Power Bank (25K, 165W, Built-In and Retractable Cables) retails for $100 but can be yours for $90 with a coupon on Amazon and Ankers website. Follow @EngadgetDeals on Twitter and subscribe to the Engadget Deals newsletter for the latest tech deals and buying advice.This article originally appeared on Engadget at https://www.engadget.com/deals/ankers-newest-charger-from-ces-2025-is-already-discounted-183858056.html?src=rss
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Marketing and Advertising
If you know anything about coffee, and coffee snobs, youll know theyre always going on about where their beans are sourced from. The preference for single origin beans is better for traceability, transparency, and when you discover a variety you adore, you can keep going back. Japanese company Mihatama, however, turned up to CES 2025 in Las Vegas with Flavor Craft AI, an app-controlled system to meter out beans to suit your specific taste. You can just imagine the coffee snobs clutching their heads at the thought of blending beans in such a fashion. Essentially, you fire up the app and select preferences based on your preferred flavor, selecting for strength, acidity, bitterness, astringency and richness. Once youve done so, the AI will direct the machine to churn out a blend of different beans sufficient quantities to match the flavor youve requested. Said beans will be collected in the bottom tray, where you can then dump them into your grinder of choice and brew up your drink. The company has set up a pre-launch page on Indiegogo which will open to pre-sales at some point in the near future. Its representatives have said that itll cost around $400 when it goes on sale, plus or minus the cost of never being able to invite your coffee snob friends over to your house ever again.This article originally appeared on Engadget at https://www.engadget.com/home/kitchen-tech/this-mean-bean-machine-is-bound-to-upset-coffee-fans-183045969.html?src=rss
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