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Nikola, a hydrogen-electric truck startup, is suing Tesla for $2B over patent infringement.
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Nikola v. Tesla: Muskâs company sued for $2B by hydrogen truck startup Nikola motors
P[roduction issues]( of its new Model 3, controversy over a [fatal autopilot car crash]( getting trade secrets [stolen]( by olâ Anthony âsticky fingersâ Levandowski... thereâs always some kind of drama brewinâ at Tesla.
Now, you can add a [$2B]( lawsuit to the fray.
Tuesday, [Nikola Motor Company]( filed a lawsuit in Arizona alleging Tesla copied their patents when creating its electric semi truck -- and Nikola wants to be compensated.Â
So whatâs their proof?
Founded in 2014, Nikola took off with whatever the all-electric version of a Fast and the Furious NOS boost would be, presenting its first two products in two years: an electric 4-wheel offroadster and a hydrogen-electric semi truck.
The complaint lays out a laundry list of [claims]( that, according to Nikola, capture a timeline proving that Tesla aped their patents -- and it recalls a Tesla recruiterâs attempt to poach Nikolaâs chief engineer mere months after the startup released its truck.
Nikola also lists various cosmetic similarities between Teslaâs semi and theirs -- including its distinctive wraparound windshields and aerodynamic fuselage.
Coincidence? They think not
The companies obviously have odd similarities, starting with the fact that together their names round out the nod to the famous inventor Nikola Tesla (Tesla, in fairness, was founded 11 years earlier).
But Nikola believes patent stealing is going too far, claiming that Teslaâs truck is causing âconfusion in the market,â harming their ability to attract investors and partners. Because, well, why wouldnât investors go with Tesla?
Deny, deny, deny
Tesla denies the claims, telling [the Verge]( âitâs patently obvious there is no merit to this lawsuit.â -- Ok, we see what you did there.
But Nikola believes the lawsuitâs proof speaks for itself. -- Ouch, Tesla clowns you with a patent joke, and thatâs all you got?
The chicken or the Tesla
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Birchbox invaded by Vikings, leaving investors empty-handed
Recode reports that Birchboxâs investor, Viking Global -- who led Birchboxâs last [$60m funding round]( in 2014 -- will buy out its other existing VC investors with a new, [$15m investment]( in the OG subscription beauty box.
That also means Birchboxâs other investors are walking away with nothing to show for the collective millions theyâve poured into the company to date.
The âFor Saleâ signâs been on the lawn for a while now
The 8-year-old company, worth nearly $500m at its peak, has been for sale since last summer, reportedly in acquisitions with retailers like Walmart.Â
(Most, recently, Birchbox was courting QVC in what Recodeâs sources say wouldâve been a fire sale).
Unfortunately for Birchbox, none of these talks materialized, and the company is left to dig themselves out of âtens of millions of dollars in debt.â
Another case of the trailblazer getting trailblazed
Since launching in 2010, theyâve faced an influx of look-alike beauty boxes from competitors like BoxyCharm, Ipsy, Julep, and Sephora, to name just a few.
How do you know a market is saturated?Â
When you see an article like, â[33 Best Makeup and Beauty Monthly Subscription Boxes for 2018](
[Glad weâre being selective](
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AI Superlatives: Hereâs whatâs happening in the global race for AI supremacy
When it comes to AI, the United States and China are most likely to succeed (in terms of startup funding, at least). Chinese startups received [48% of the worldâs AI startup funding]( in 2017 (compared to the USâs 38%), though the States hosts a larger number of ventures.
But there are LOTS of other [countries in the race]( and theyâre putting up some big droid money to keep things interesting.Â
Most likely to improve: Brazil
Analysts believe AI will add significant growth to Brazilâs economy by 2035, bringing in an additional [$432B](. The largest contribution may be in the âcapital augmentationâ sector (AKA, banking), where Brazilian banks are [particularly bullish]( on AI in their future operations.
Most unique: France
Parlez-vous AI? The French do, and according to President Macronâs [announcement]( in March, the government will invest $1.8B in AI research until 2022, with a niche focus of making private companies publicly release their data for use in AI on a âcase-by-case basis.â
Most likely to start a war: Russia
What, your high school didnât have that award? Putin once ominously predicted that the leader in AI will ârule the world,â and Russiaâs investment focus seems to lean heavily in the âglobal dominationâ direction.
According to Quartz, Russia spends an estimated $12.5m a year on AI, and many of their products are âmilitary in nature,â like [AI-assisted fighter jets]( and automated artillery.Â
[Most likely to befriend a robot](
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Hobby Lobby returns the 3.8k artifacts it âaccidentallyâ stole from Iraq
After coughing up a $3m penalty for smuggling thousands of black market artifacts into the US last year, Hobby Lobby is finally [returning]( its loot.
Steve Green, the owner of the craft-supply store, used Hobby Lobby to âaccidentallyâ smuggle 3.8k relics out of Iraq last year to fill his [Museum of the Bible](.
It ainât easy for yarn-sellers to hop into the criminal underworld
The Lobby (whose [$4.3B]( in revenue makes it one of the 100 largest private US companies) [claimed]( it âshould have exercised more oversight,â but they were ânew to the world of acquiring these items, and did not fully appreciate the complexities.â
Hereâs a rule of thumb: When you [wire money]( to 5 people at 7 accounts and receive a FedEx package of âclay tilesâ containing your multimillion-dollar purchase -- itâs probably time for âmore oversight.â
But, whether the Hob-Lobbers were crafty geniuses or just dummies, they had no trouble finding sellers to slice off someone elseâs heritage.Â
Green seems unfazed
âOur passion for the Bible continues,â he [said](. âWe will do all that we can to support the efforts to conserve items that will help illuminate and enhance our understanding of this Great Book.â
Even without the 3.8k items returned, the museum is [filled]( with 40k other Biblical artifacts worth $800m. Itâs open -- [even on Sundays](.
[Can I get an AMEN](
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