X, formerly Twitter, announced today that is starting a new experiment to charge a $1 per year fee for “new unverified” users to interact with posts. The company said this test is currently live in New Zealand and the Philippines and existing users won’t be affected. Users will get to post content, like, repost, reply, […]
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Tesla has already cornered the electric vehicle market in the U.S. Now, it’s calling for stricter regulations that will give it even more of an edge. The Elon Musk-owned automaker is urging the Biden administration to adopt tougher fuel economy standards than regulators have proposed, a move that is likely to irritate legacy automakers like […]
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Amazon’s 10,000 Rivian-made all-electric van are delivering packages throughout the United States, the ecommerce company revealed Tuesday evening during its Delivering the Future event. Amazon, which owns a stake in Rivian, reached a deal with the automaker in 2019 to have at least 100,000 electric delivery vans on the road by 2030. The order is […]
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Israel is in discussions with SpaceX to rollout Starlink internet services, especially for communities near the conflict zone, an Israeli official said Tuesday. Starlink currently isn’t available in Israel, so this would be the first time the service is introduced in any capacity. As it seeks to bolster its own communications during wartime, it is […]
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Stellantis announced Tuesday that it will cancel its planned presentations and display at CES 2024, the tech trade show that takes over Las Vegas every January. The reason? The automaker, which owns a slew of U.S. brands including Jeep, Ram and Chrsyler, cited the cost of the ongoing United Autoworker strike, which has entered its […]
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In May of this year, TechCrunch ran a piece titled “Figure’s humanoid robot takes its first steps.” The story was a firsthand account of my visit to the startup’s South Bay offices. The headline was a reference to both the company’s first year of existence and its stated plan to hit a key milestone by […]
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Conditions appear to be shifting favorably for India’s Swiggy. The food delivery startup — backed by SoftBank, Prosus and Accel — saw its paper valuation slashed by more than a half this year as investors marked their holdings largely in response to the dwindling market conditions. The startup, valued at $10.7 billion in a funding […]
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Developer community site Stack Overflow has laid off 28% of its staff, the Prosus-owned company announced Monday. In a blog post, Stack Overflow’s CEO, Prashanth Chandrasekar indicated that the company is focusing on its path to profitability. While the post didn’t elaborate on the reason behind the job cuts, it mentioned customers’ budgets shifting elsewhere […]
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Jio Financial Services, the Indian conglomerate Reliance Industries’ financial services unit, has started its lending and insurance businesses and is rapidly scaling up its offerings as billionaire Mukesh Ambani expands the ever-so-wide tentacles of his oil-to-telecom empire. In an annual presentation this week, the recently publicly listed firm said it has started to offer personal […]
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This is a review-in-progress. More soon! Somewhere between the Ray-Ban Meta and Meta Quest 3 sits an ideal mixed-reality headset. It’s slim, light, offers hand tracking and passthrough and livestreams video when the moment calls for it. It’s designed to be worn inconspicuously outdoors, until the time comes for content capture. The Meta Quest Ray-Ban […]
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Sam Bankman-Fried and other FTX executives spent $8 billion worth of customer funds on real estate, venture capital investments, campaign donations, endorsement deals and even a sports stadium, according to testimony from former senior FTX executive Nishad Singh. Singh’s testimony, which kicked off the third week of Bankman-Fried’s trial, provides fresh details of exactly where […]
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Agnikul, an Indian space tech startup developing small-lift launch vehicles, has raised $26.7 million in fresh investment as it looks to begin commercial launches using its customizable satellite rocket. Companies — from big tech giants to startups — are looking to launch their small satellites (up to 500 kg in weight) to space to improve […]
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Bandcamp has officially changed hands from its old new owner, Epic, to its new new owner, Songtradr, and lost half its employees in the process. Songtradr confirmed that “50% of employees received offers” to continue on under the new ownership — and naturally the other 50% didn’t. The venerable digital music marketplace was acquired by […]
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In this issue: SpaceX launches NASA asteroid mission, news from Relativity Space and more.
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