Category: Tech News

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Joe Biden says Elon Musk’s ‘relationships’ with other countries should be ‘looked at’

President Joe Biden says that Elon Musk’s dealings with countries outside of the United States are “worthy of being looked at.” Speaking to reporters, Biden didn’t elaborate on if some kind of of investigation was underway, but suggested the Tesla and Twitter CEO deserved further scrutiny. “I think that Elon musk’s cooperation and/or technical relationships… Continue reading Joe Biden says Elon Musk’s ‘relationships’ with other countries should be ‘looked at’

Crypto exchange Binance abandons rescue of FTX one day after announcing takeover bid

FTX won’t be rescued by its biggest rival. One day after announcing a proposed deal to buy the cryptocurrency exchange, Binance said it didn’t like what it found in the company’s books. “As a result of corporate due diligence, as well as the latest news reports regarding mishandled customer funds and alleged US agency investigations,… Continue reading Crypto exchange Binance abandons rescue of FTX one day after announcing takeover bid

Windows 11’s iCloud Photos integration is now available

If you use an iPhone and a Windows PC, syncing photos is about to get a lot easier. The feature Microsoft announced last month that adds iCloud Photos to the Windows Photos app begins rolling out today. Microsoft says it will be available to all Windows 11 users by the end of November. Previously, if… Continue reading Windows 11’s iCloud Photos integration is now available

Elon Musk tells Twitter advertisers that ‘content is actually improving, not getting worse’

Elon Musk is trying, once again, to sell his vision of Twitter’s future to the company’s advertisers. Musk, who by all accounts has yet to address Twitter’s remaining staff as a group, joined an hour-long “town hall” to take questions from advertisers and share more about his plans for the platform. The company’s advertising business… Continue reading Elon Musk tells Twitter advertisers that ‘content is actually improving, not getting worse’

Kia’s 2023 EV6 will cost $7,100 more than its predecessor

Kia has unveiled pricing for the 2023 EV6, and it’s decidedly more expensive than before — although you might not mind depending on what you were looking for. The new electric crossover starts at $49,795 when you include the $1,295 destination fee, or $7,100 more than the entry 2022 model. You do get more in… Continue reading Kia’s 2023 EV6 will cost $7,100 more than its predecessor

Auto sales ‘overshoot’ will make it impossible to prevent the worst effects of climate change

/ Greenpeace Germany released a new report that concludes that automakers are on track to sell 400 million more vehicles than is feasible to keep global temperatures under 1.5°C. Photo credit should read CFOTO/Future Publishing via Getty Images Toyota, Volkswagen, Hyundai, and other major automakers are on track to sell 400 million more diesel and… Continue reading Auto sales ‘overshoot’ will make it impossible to prevent the worst effects of climate change

Tesla stock hits 2-year low after Musk sells $4b worth of sharesThe latest sale brings the total amount of Tesla stock sold by Musk since last Novembe…

Tesla Inc shares slid to their lowest level in nearly two years on Wednesday after Chief Executive Elon Musk disclosed he sold another $3.95 billion worth of shares in the electric-vehicle maker. Shares ended down 7.2% at $177.59, the lowest level since Nov. 23, 2020. Musk’s latest share sale fueled jitters about the fallout of… Continue reading Tesla stock hits 2-year low after Musk sells $4b worth of sharesThe latest sale brings the total amount of Tesla stock sold by Musk since last Novembe…

KKR, Apollo and Carlyle become latest targets in SEC’s communication probeThe enquiry, which initially involved some of the largest US banks, was laun…

U.S. private equity giants KKR & Co Inc, Apollo Global Management and Carlyle Group were added to a broad regulatory inquiry into how financial firms track employees’ digital communications, filings by the companies showed on Wednesday. The scope of the investigation around how Wall Street handles work-related communications on personal devices and apps such as… Continue reading KKR, Apollo and Carlyle become latest targets in SEC’s communication probeThe enquiry, which initially involved some of the largest US banks, was laun…

Indonesian startups explore new routes as funding dries up

As investors turn cautious in lending to startups, growth-stage tech companies in Indonesia are looking at alternative financing options such as convertible notes, venture debt, or pure debt to raise funds this year. While logistics company Kargo is closing around $15 million in a bridge round from existing investors, according to sources aware of the… Continue reading Indonesian startups explore new routes as funding dries up