In another sign of the upheaval happening internally at Twitter, the company has called off its Chirp developer conference just two weeks before it was scheduled to take place on November 16th. The company alerted developers and other attendees in a brief note that didn’t provide a reason for the cancellation. “The team at Twitter… Continue reading Twitter cancels Chirp developer conference two weeks before it was scheduled to begin
Category: Tech News
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Meta will allow creators to sell NFTs directly on Instagram
Meta is expanding its support for NFTs in a major way. The company is now allowing some creators to make and sell digital collectibles directly on Instagram, Meta announced during its Creator Week event. The platform has been experimenting with NFTs on Instagram and Facebook since last year. But up until now, Instagram users have… Continue reading Meta will allow creators to sell NFTs directly on Instagram
The NYPD is joining Ring’s neighborhood watch app amid privacy and racial profiling concerns
One of the most recognizable police forces is joining Ring’s Neighbors app. The New York Police Department has announced that it will participate in Ring’s neighborhood watch tool. Officers won’t look for posts “around the clock,” but they will respond to users’ crime and safety concerns, post notices and ask for help with “active police… Continue reading The NYPD is joining Ring’s neighborhood watch app amid privacy and racial profiling concerns
Elizabeth Warren wants regulators to examine Big Tech’s expansion into autos
Elizabeth Warren is calling for more federal oversight of Big Tech. In a letter (PDF link) the Democratic senator sent on Tuesday, she asked the Federal Trade Commission and Department of Justice to look into Google, Apple and Amazon’s expansion into the automotive industry. Warren claims the three companies are using their positions in mobile… Continue reading Elizabeth Warren wants regulators to examine Big Tech’s expansion into autos
Saudi’s Neom invests $175m in German aviation startup VolocopterThe investment was part of the additional $182m that Neom raised in Series E round.
Neom, the smart and sustainable regional development in northwest Saudi Arabia, announced that it has invested $175 million in German urban air mobility startup Volocopter. The investment was part of the additional $182 million that Neom raised in its Series E funding round, which was also participated by Hong Kong’s GLy Capital Management. In March,… Continue reading Saudi’s Neom invests $175m in German aviation startup VolocopterThe investment was part of the additional $182m that Neom raised in Series E round.
Japan’s Sumitomo Mitsui to boost stake in Philippines’ RCBC for $460m
Japan’s Sumitomo Mitsui Financial Group Inc said on Wednesday it would buy an additional 15% stake in the Philippines’ Rizal Commercial Banking Corp (RCBC) for about $460 million. The move is part of a drive by Japan’s second-largest lender to capture growth in Asian emerging markets through acquisitions, spurred on by limited business opportunities at… Continue reading Japan’s Sumitomo Mitsui to boost stake in Philippines’ RCBC for $460m
France, Singapore, Switzerland jointly test central bank digital currencies
France, Singapore and Switzerland have launched a joint trial of their experimental central bank digital currencies (CBDCs) in the first cross-regional trial of its kind. The project, which will run for around six months, will use what is known as automated market makers (AMM) for the cross-border exchange of “hypothetical” Swiss franc, euro and Singapore dollar CBDCs. AMM… Continue reading France, Singapore, Switzerland jointly test central bank digital currencies
Elon Musk could cut half of Twitter’s workforce
/ Twitter workers have been bracing for layoffs, and it appears that nearly 4,000 people could be affected by the eventual cuts. Musk and his advisers are weighing cuts that would affect nearly 4,000 people.Illustration by Kristen Radtke / The Verge; Getty Images Twitter employees have been bracing for layoffs since Elon Musk officially took… Continue reading Elon Musk could cut half of Twitter’s workforce
Aurora says it has enough cash to commercialize autonomous trucks by 2024
Autonomous vehicle technology company Aurora Innovation released its third-quarter earnings report after the bell Wednesday. The company closed out the quarter with about $1.2 billion in cash and short-term investments, which Aurora says will be enough to make it to commercial launch in mid-2024. Those statements were made just days after former competitor Argo AI… Continue reading Aurora says it has enough cash to commercialize autonomous trucks by 2024
Fisker bumps up production for all-electric Ocean SUV
Fisker is raising its manufacturing forecast two weeks before its first electric vehicle, the Ocean SUV, enters production. The automaker plans to produce 42,400 Ocean SUVs by the end of 2023, up from an initial forecast of 40,000, due to strong demand in the U.S. and Europe. The company said it has received 62,000 reservations… Continue reading Fisker bumps up production for all-electric Ocean SUV