Rivian and the Department of Energy have finalized a $6.6 billion loan announced in November with just a few days left until Donald Trump’s inauguration. The company will use the loan to help build out its planned factory in Georgia, east of Atlanta, with construction beginning in 2026. The first R2 SUVs are scheduled to […]
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The Supreme Court has upheld the law that will effectively ban TikTok on Sunday, January 19. The decision marks the end of TikTok’s months-long legal fight against a law that essentially forces the ByteDance-owned app to shut down unless it divests its US operations. As of Sunday, it will be illegal for app stores and […]
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Apple launched its dedicated Apple Store app in India on Friday, deepening its retail presence in the world’s most populous country as the iPhone-maker seeks to capitalize on growing consumer demand. The app, available for download on India’s App Store, lets customers purchase Apple products directly while receiving personalized shopping recommendations, the company said in […]
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The Federal Aviation Administration has told TechCrunch that it had to “briefly” slow and divert a number of aircraft near the area where debris was seen falling after SpaceX’s Starship exploded during a test flight Thursday. Multiple flights could be seen entering holding patterns or completely changing course in the airspace near Puerto Rico shortly […]
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SpaceX caught the Starship rocket’s Super Heavy booster for a second time, after it launched the upper stage into space on Thursday during a seventh test flight of the system. Soon after the successful catch, SpaceX representatives reported the ship was lost after the company lost contact about eight and half minutes into the flight. […]
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SpaceX caught the Starship rocket’s Super Heavy booster for a second time, after it launched the upper stage into space on Thursday during a seventh test flight of the system. Soon after the successful catch, SpaceX representatives reported the ship was lost after the company lost contact about eight and half minutes into the flight. […]
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After two years of relatively muted investment activity, it seems that VCs are starting to pour capital into startups at pandemic-era levels once again. But a closer look shows that they aren’t really. In the fourth quarter of last year, investors funneled $74.6 billion into US startups, a substantial increase from the average of $42 […]
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The U.S. ban on TikTok is poised to be delayed as the deadline falls on a holiday weekend and President-elect Donald Trump’s incoming administration intends to find a way to extend the deadline, Bloomberg reports. Biden officials sees the issue as one for Trump’s incoming administration, as the current administration doesn’t plan to intervene before the […]
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Volvo spinoff Polestar had a rough 2024, and 2025 looks like it could be just as difficult. The EV maker announced Thursday that it expects to generate less revenue in fiscal year 2024 than it did in 2023, after previously estimating sales would stay the same. That’s thanks to “fewer than expected Polestar 3 and […]
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The process of getting screened for cervical cancer is quite intimidating. It’s the once-a-year, sometimes life-changing treatment, that involves the bright lights of a doctor’s office and an uncomfortable insertion that always seems to last too long. It’s no wonder why Kara Egan and Dr. Avnesh Thakor saw the potential to make this process more […]
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Amazon has agreed to acquire Indian buy now pay later startup Axio, deepening its push into financial services in one of its fastest-growing markets as it seeks to expand credit access to millions of underserved customers. The US technology group, which has held an equity stake in Axio for six years, signed the acquisition agreement […]
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Meta CEO Mark Zuckerberg appears to have used YouTube and its battle to take down pirated content to defend his own company’s use of a data set containing copyrighted e-books to train AI models, newly released snippets of his deposition reveals. The deposition, which was part of a complaint submitted to the court by plaintiffs’ […]
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Chinese firms continue to release AI models that rival the capabilities of systems developed by OpenAI and other U.S.-based AI companies. This week, MiniMax, an Alibaba- and Tencent-backed startup that has raised around $850 million in venture capital and is valued at more than $2.5 billion, debuted three new models: MiniMax-Text-01, MiniMax-VL-01, and T2A-01-HD. MiniMax-Text-01 […]
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When Hindenburg Research posts a blog on its website, it often means a company’s final days are near. Today, that company is Hindenburg Research. Nate Anderson announced Wednesday he has shut down short-selling firm Hindenburg Research, after a seven-year run issuing damning reports about high-profile companies, including many of the technology world’s giants and buzzy […]
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Y Combinator alum Stoke has an ambitious goal to build the first fully reusable rocket and VCs have opened their wallets wide.
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