Welcome back to Week in Review. This week, we’re looking at the impacts of the looming TikTok ban in the U.S., including the “TikTok refugees” moving to Chinese app RedNote, the surge of English speakers learning Mandarin on Duolingo, and more! Let’s get into it. The Supreme Court upheld the law that will effectively ban […]
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Many proptech startups, born and funded during the low-interest-rate heydays, are in the throes of struggle. With investments into U.S.-based real estate startups falling from $11.1 billion in 2021 to $3.7 billion last year, according to PitchBook data, some are selling themselves off, while others are closing shop. The two most recent examples are the […]
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It remains unclear whether TikTok will still be available in US app stores Sunday, with the company claiming that President Joe Biden’s outgoing administration needs to offer “definitive” assurances that it won’t enforce the ban. On Friday, the Supreme Court upheld a law that would effectively ban TikTok in the United States if the app’s […]
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Seven-year-old electric vehicle startup Canoo has filed for bankruptcy and will “cease operations immediately.” The company is liquidating its assets in a Chapter 7 proceeding in the Delaware Bankruptcy Court. The company said in a press release published late Friday that it was “in discussions with foreign sources of capital” that proved unsuccessful, and also […]
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Amazon has paused testing of its delivery drones following a crash involving two of its models, according to Bloomberg. It’s the latest setback for Amazon’s beleaguered Prime Air program, which aims to deliver around 500 million packages a year to customers by the end of the decade. Bloomberg reports two Amazon drones crashed in rainy […]
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The U.S. government has picked Nick Turley, ChatGPT's head of product, to testify in its antitrust case against Google.
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The theft of a PowerSchool engineer's passwords prior to the breach raises further doubts about the company's security practices.
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Bumble announced today that founder Whitney Wolfe Herd is returning as CEO after stepping down from the position in 2023. Wolfe Herd will succeed Lidiane Jones, the company’s current CEO who has left for “personal reasons,” Bumble explained. Jones, the former CEO of Slack, will continue her role at Bumble until the transition takes effect […]
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Just ahead of today’s Supreme Court ruling — which saw the nation’s highest court uphold the law banning TikTok in the U.S. as of January 19 — Donald Trump posted on Truth Social that he had a “very good” phone call with China’s President Xi Jinping, which included discussion of TikTok. Though the U.S. president-elect […]
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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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