• GuruFocus.com

    Insider Sale: Ronald Basso Sells 3,000 Shares of Coherent Corp (COHR)

    On May 16, 2024, Ronald Basso, Chief Legal & Compliance Officer of Coherent Corp (NYSE:COHR), sold 3,000 shares of the company.

  • Reuters

    Exclusive-Musk pushes plan for China data to power Tesla's AI ambitions

    Tesla is pushing ahead with plans to power the global development of its self-driving system with data from China that could be processed within the country, part of a strategic shift by Elon Musk, according to people with knowledge of the work. As part of that effort, Tesla has been developing plans for a data center in China to train the algorithm needed for more fully autonomous vehicles, according two people, who asked not to be named because the work remains private. Until recently, Tesla has focused on efforts to secure approval from Chinese regulators to transfer data generated by its EVs in China out of the country for its “Full Self Driving” (FSD) system, according to the two people and an additional person with knowledge of the matter.

  • Evening Standard

    France attack: Police shoot dead armed man attempting to set fire to Rouen synagogue

    French police in Rouen shot dead an armed man who attempted to set fire to the city's synagogue, Interior Minister Gerald Darmanin and local officials said on Friday. The incident happened in central Rouen, 80 miles northwest of Paris, early on Friday morning, Mr Darmanin said in a post on social network X. France hosts the Olympic Summer Games in two months and recently raised its alert status to the highest level against a complex geopolitical backdrop in the Middle East and Europe's eastern flank.