The Tesla Cyberquad for Kids is being recalled by Radio Flyer (which built the product) after the Consumer Product Safety Commission found that it violates all-terrain vehicle (ATV) federal safety standards for youths. The agency determined that, among other issues, the mechanical suspension and maximum tire pressure weren’t adequate. Moreover, it said the Cyberquad for… Continue reading Tesla Cyberquad for Kids recalled due to federal safety standard violations
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Climate Investment Funds sets aside $1b for clean power move in Indonesia, S AfricaBoth countries will be able to access $500m from CIF’s programme.
Climate Investment Funds, a leading multilateral investor in developing countries, said it will allocate $1 billion to help South Africa and Indonesia move away from coal to clean power. The move comes ahead of the next round of global climate talks in Egypt in November, at which emerging markets are set to once again push… Continue reading Climate Investment Funds sets aside $1b for clean power move in Indonesia, S AfricaBoth countries will be able to access $500m from CIF’s programme.
Elon Musk’s Twitter ownership begins with firings, uncertainty
Elon Musk became Twitter Inc’s new owner on Thursday, firing top executives he had accused of misleading him and providing little clarity over how he will achieve the lofty ambitions he has outlined for the influential social media platform. The CEO of electric car maker Tesla Inc has said he wants to “defeat” spam bots… Continue reading Elon Musk’s Twitter ownership begins with firings, uncertainty
B2B marketplace Udaan raises $120m, seeks to go public in 12-18 mths
Business-to-business (B2B) marketplace Udaan, backed by investors such as Lightspeed India Partners and GGV Capital, has secured $120 million in convertible notes and debt, the company’s chief financial officer Aditya Pande told employees in an internal mail. The round has been led by the startup’s existing shareholders and bondholders. Following the current fundraising, Udaan now… Continue reading B2B marketplace Udaan raises $120m, seeks to go public in 12-18 mths
FMO to invest in SG-based SME financing platform Validus
Dutch development bank FMO has proposed to invest $650,000 in Singapore-based SME financing platform Validus to provide additional capital needed to grow the company’s operations. If approved, the proposed investment will bring FMO’s total funding in Validus to about $6.22 million. The Dutch lender first invested $6.08 million in the SME financing platform in 2019… Continue reading FMO to invest in SG-based SME financing platform Validus
Cruise opens robotaxi waitlist in Austin and Phoenix
Cruise, General Motors’ autonomous vehicle subsidiary, is now inviting potential passengers in Phoenix and Austin to join the waitlist to be among the first Cruise robotaxi passengers. The company has been operating a fully driverless commercial robotaxi service in San Francisco since June, with fully driverless meaning there’s no human safety operator behind the wheel.… Continue reading Cruise opens robotaxi waitlist in Austin and Phoenix
Uber to freeze fake rider account names, pilot front-facing video recording
Uber is releasing a suite of new safety features geared toward the driver, including freezing fake rider account names and piloting a front-facing video recording tool to replace a driver’s dashcam. The safety features follow a feedback period from drivers that Uber began this summer. It looks like drivers have been having a hard time… Continue reading Uber to freeze fake rider account names, pilot front-facing video recording
Zectron e-bike first look: A week-long rider with a lot of potential
Pros Comfortable ride Minimal visible wires “Week-long” battery life Bright front and rear lights Cons Loud button sound Availablity remains limited It can be overwhelming trying to figure out which e-bike to purchase given how saturated the market is. Zectron’s new e-bike, launching first on Indiegogo, brings a unique folding frame design with an embedded… Continue reading Zectron e-bike first look: A week-long rider with a lot of potential
Your Android phone can notify you of an earthquake seconds before it happens. Here’s how
Image: Google If you live in an area prone to earthquakes, you’re probably used to feeling the earth shake without warning. But in recent years, technology has allowed governments and independent companies to create earthquake warning systems. These systems, like Google’s Android Earthquake Alerts System, can’t foresee an earthquake, as that technology doesn’t exist yet.… Continue reading Your Android phone can notify you of an earthquake seconds before it happens. Here’s how
Check out Honda’s swappable battery stations for electric motorbikes, hoping to go global
Honda’s swappable battery packs, known as the Honda Mobile Power Pack e: (MPPe:), are soon getting their own Gogoro-style battery swapping stations for recharging. The station will be known as the Honda Power Pack Exchanger e: (HPPEe:), just in case we needed another long acronym. It features a number of battery slots that would allow… Continue reading Check out Honda’s swappable battery stations for electric motorbikes, hoping to go global