Category: Automotive

Lucid Motors has drastically reduced its production target, again

Luxury EV startup Lucid Motors changed its yearly production target again, lowering it to an expected output of between 6,000 and 7,000 vehicles, the company announced today. That’s only a fraction of the 20,000 cars that Lucid initially promised to deliver in 2022. The Tesla competitor has only produced 1,405 vehicles so far this year,… Continue reading Lucid Motors has drastically reduced its production target, again

NASA says retired astronauts must act as sherpas on private flights to the ISS

NASA will soon require a retired astronaut to serve as mission commander on all private flights to the International Space Station, according to an agency notice posted today. The policy — which has yet to be finalized — is intended to both increase passenger safety and reduce any strain on existing ISS operations. The former… Continue reading NASA says retired astronauts must act as sherpas on private flights to the ISS

Google decided having two apps called Meet was a good idea

Google is moving forward with its merger of Duo and Meet, if not quite as elegantly as some might like. TechCrunch reports Google is rebranding Duo for Android and iOS as the Meet app, complete with the video calling-centric logo. The company had already migrated many of Meet’s features. However, the old Meet app isn’t… Continue reading Google decided having two apps called Meet was a good idea

Facebook Live Shopping is coming to an end in favor of Reels

Facebook Live Shopping events appear to be another casualty of Meta’s shift to short-form video. According to an announcement on the company’s website, live shopping events on Facebook will retire on October 1st. The little-known feature let Facebook Business owners showcase their products in live videos to their followers — sort of like a personal… Continue reading Facebook Live Shopping is coming to an end in favor of Reels

College textbook maker Pearson eyes NFTs to claim a cut of second-hand sales

NFT advocates often tout the technology’s ability to grant the creator a cut of second-hand sales as one of its major attributes. Artists can earn from one of their digital creations years after first selling it. Others are looking at NFTs to earn a buck from the secondary market too, including the publishers of college… Continue reading College textbook maker Pearson eyes NFTs to claim a cut of second-hand sales

Readout of Deputy Attorney General Lisa O. Monaco’s Trip to South Carolina

Deputy Attorney General (Deputy AG) Lisa O. Monaco traveled to South Carolina this week to see firsthand how the Justice Department is working with local communities to protect public safety. The Deputy AG attended two National Night Out events on Tuesday evening in Charleston and North Charleston, South Carolina. Joined by U.S. Attorney Adair Ford Boroughs… Continue reading Readout of Deputy Attorney General Lisa O. Monaco’s Trip to South Carolina

Mini hatchback prepares for fourth and final petrol outing

Mini is readying a heavily refreshed version of its combustion-engined Mini Hatchback before it bows out once and for all, as the marque pushes forward to become an all-EV brand by the early 2030s.  New spy shots have emerged of a prototype Hatch testing in heavy camouflage, giving clues as to how Mini will update the current three-door in… Continue reading Mini hatchback prepares for fourth and final petrol outing

China’s top VCs flock to Singapore, build local offices to seize SE Asia’s growth potentialShunwei, Source Code, and Vision Plus Capital are looking a…

Chinese top-tier venture capital (VC) companies have joined a growing list of global investors to set up new offices in Singapore to seize the upside potential of Southeast Asia’s fast-growing startups. China’s Shunwei Capital, Source Code Capital, and Vision Plus Capital are in the process of expanding their presence in Singapore through a local office… Continue reading China’s top VCs flock to Singapore, build local offices to seize SE Asia’s growth potentialShunwei, Source Code, and Vision Plus Capital are looking a…

Indian mid-market PE firm Carpediem Capital seeks to raise up to $100m for second fund

Carpediem Capital, a mid-market private equity (PE) fund manager in India, is in advanced talks with institutional firms and family offices to raise about $100 million as it looks to ramp up its investments in the burgeoning SME segment in the country. The firm is understood to have garnered about 65% of the target corpus… Continue reading Indian mid-market PE firm Carpediem Capital seeks to raise up to $100m for second fund