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Trevor Milton, the founder of electric truck company Nikola, has received a full and unconditional pardon from President Donald Trump. A jury found Milton guilty of one count of securities fraud and two counts of wire fraud in October 2022. In 2023, he was sentenced to four years in prison. Milton announced the pardon in a press release and the White House confirmed it to CNBC. It came two weeks after prosecutors asked a judge to order Milton to pay $680 million in restitution to Nikola shareholders as well as $15.2 million to a wire fraud victim. However, due to the pardon, the judge is unable to order any restitution. Prosecutors argued that Milton pumped up his company's stock by lying to investors about "nearly all aspects" of Nikola's business, such as having a fully functional electric truck. Nikola (which filed for bankruptcy last month) released a video in 2018 that appeared to show a Nikola One prototype moving by itself, but prosecutors claimed the truck was rolling down a hill and that Milton had a hand in the video's creation. Following a damning report by short-selling firm Hindenburg Research that prompted an SEC investigation, the company said in 2020 it never claimed that the "truck was driving under its own propulsion in the video," which has been made private on YouTube. Milton now plans to release a documentary to tell his side of the story. Milton has given Trump and his associates millions of dollars in political donations, according to reports. Filings show he donated $750,000 to MAHA Alliance now-Secretary of Health and Human Services Robert F. Kennedy Jr's political action committee in September and $920,000 to the Trump 47 Committee in October, just ahead of the election. CNBC notes that Milton did not make any six-figure political contributions before 2024, per federal campaign finance records. Trump has pardoned hundreds of people in the first couple of months of his second term, including around 1,500 who were convicted or charged with crimes related to the insurrection at the US Capitol on January 6, 2021. On his second day in office, Trump pardoned Silk Road founder Ross Ulbricht, who was sentenced to life in prison after being charged with money laundering, narcotics trafficking and computer hacking. Meanwhile, the family and associates of Sam Bankman-Fried are reportedly campaigning for Trump to pardon him. The founder of cryptocurrency exchange FTX was sentenced in 2024 to a 25-year prison sentence after he was found guilty of seven fraud and conspiracy charges.This article originally appeared on Engadget at https://www.engadget.com/transportation/evs/nikola-founder-trevor-milton-receives-a-full-pardon-from-president-trump-160107880.html?src=rss
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Grab your popcorn. Nintendo just announced the official release date of the live-action Legend of Zelda movie. It hits theaters on March 26, 2027, which is just about two years from now. The film was first announced back in 2023. The company dropped this bombshell on the official Nintendo Today! app that was surprise-released during a recent Direct livestream. The stream promised that the app would be a constant source of news and information. It looks like that promise was not hyperbole. The Legend of Zelda live-action film releasing on March 26, 2027 (via Nintendo Today!) pic.twitter.com/8DzgH5e1YF Wario64 (@Wario64) March 28, 2025 Anyone who opened up the app this morning saw a short video of a Tri-Force floating alongside the iconic Zelda theme music. After that, text confirmed the release date for the movie. Now well all have to check that darned app every day for more news. The release date, however, is pretty much all we know about the film. Its being directed by Wes Ball, who made Kingdom of the Planet of the Apes and the Maze Runner trilogy. Theres no casting information yet, or a look at sets or anything like that. We dont even know who is writing it. Ball has said that he envisions the film as live-action Miyazaki," referring to the legendary Studio Ghibli director. Will Nintendo ready a Zelda game to accompany the film? We have no idea, but Super Mario Bros. Wonder followed the release of the Super Mario Bros. Movie a couple of years back.This article originally appeared on Engadget at https://www.engadget.com/gaming/nintendo/the-legend-of-zelda-movie-hits-theaters-on-march-26-2027-150145662.html?src=rss
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Marketing and Advertising
Google is revamping its smart home lineup, ending production on two of its devices in favor of integrations with third-party manufacturers. First, it will sunset the Nest Protect smoke & CO alarms. Existing products will continue to function and receive security updates until their expiration dates. They will also remain available for purchase while supplies last. Second, it will end production for the Nest x Yale smart lock. As with the Nest Protect, the remaining inventory will still be available for purchase and the devices will continue receiving security updates. Rather than manufacture its own smoke alarm, Google announced that it will take a partnership approach. The company is teaming up with First Alert for a new smart smoke and carbon monoxide alarm that will integrate with existing Nest Protect devices and can be controlled from the Google Home app. First Alert hasn't provided an exact release date, but says the new alarm coming soon to the US and Canada and will be priced at $130. It'll be available in both Google and First Alert's stores, and also sold through retail stores and "professional distribution partners." And on the lock side, Google will again partner with Yale. The pair is developing the Yale Smart Lock with Matter, which is meant to work with the Google Home ecosystem just as well as the Nest-branded lock. As the name suggests, it'll play nice with all manner of devices using the Matter smart home protocol, and Yale says its battery will last for up to a year. It'll be available "later this summer" at $170 in a variety of finishes.This article originally appeared on Engadget at https://www.engadget.com/home/smart-home/google-will-stop-making-the-nest-protect-smoke-alarm-150024379.html?src=rss
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Marketing and Advertising
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