It’s been less than four months since Snap unveiled a selfie drone called Pixy, but it seems the company is already giving up on the device. CEO Evan Spiegel told employees that Snap is halting further work on Pixy amid a reprioritization of resources, according to The Wall Street Journal. The $250 drone can take… Continue reading Snap reportedly gives up on its selfie drone just four months after its debut
Category: Tech News
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‘Diablo IV’ won’t include pay-to-win microtransactions
Blizzard has published a long-awaited update on its monetization plans for Diablo IV. The short version of the blog post is that Diablo IV will be a full-priced title with an in-game shop and optional seasonal passes. However, the only way to make your characters more powerful will be by playing the game. Here’s how… Continue reading ‘Diablo IV’ won’t include pay-to-win microtransactions
Streaming viewership surpasses cable TV for the first time in the US
It was seemingly just a matter of time before streaming overtook at least one form of conventional TV, and now that moment has arrived. Nielsen data indicates that streaming TV viewership in the US surpassed cable for the first time this July. About 34.8 percent of viewing time went to shows on internet services, or… Continue reading Streaming viewership surpasses cable TV for the first time in the US
Acura shows off a Precision EV concept inspired by Italian power boats
Honda’s Acura division has pulled back the curtain on a sleek Precision EV concept at Monterey Car Week. Acura took inspiration from Italian power boats for the design, which it says shows “a future vision of electrified vehicles with distinct manual and full driving automation experiences.” The Prologue, which will be Honda’s first electric SUV,… Continue reading Acura shows off a Precision EV concept inspired by Italian power boats
Google will downrank click-farm garbage and aggregators to improve search results
Google says it’s doing more to downrank low-quality content that’s designed primarily to generate traffic through search engine optimization. Over the coming months, it will roll out several updates to Search aimed at making it easier for people to find helpful content created primarily for humans rather than the attention of algorithms. Starting next week,… Continue reading Google will downrank click-farm garbage and aggregators to improve search results
The James Webb Space Telescope runs JavaScript, apparently
It turns out that JavaScript, the programming language that web developers and users alike love to complain about, had a hand in delivering the stunning images that the James Webb Space Telescope has been beaming back to Earth. And no, I don’t mean that in some snarky way, like that the website NASA hosts them… Continue reading The James Webb Space Telescope runs JavaScript, apparently
Mubadala-backed UAE firm G42 sets up $10b fund to invest in tech startupsG42 said the fund would operate as a PE investor targeting a broad spectrum o…
Emirati artificial intelligence firm G42, chaired by the Gulf state’s national security advisor, on Thursday launched a $10 billion fund to invest in late-stage technology companies. G42, which also counts Abu Dhabi sovereign wealth fund Mubadala as an investor, said the fund would operate as a private equity investor targeting a broad spectrum of technologies “that promise… Continue reading Mubadala-backed UAE firm G42 sets up $10b fund to invest in tech startupsG42 said the fund would operate as a PE investor targeting a broad spectrum o…
China’s Geely wants half its vehicle sales to be electric in 2023, says CEO
China’s Geely Automobile Holdings Ltd aims to increase the proportion of electric vehicles (EVs) in its total sales to 50% in 2023, as it accelerates a transition to electric power amid weakening demand for petrol-driven cars. Sales of pure electric and plug-in hybrids will already account for more than 30% of Geely‘s monthly sales in the second half… Continue reading China’s Geely wants half its vehicle sales to be electric in 2023, says CEO
China Tourism Group Duty Free said to have raised $2.1b in Hong Kong listing
China Tourism Group Duty Free Corp is set to price its shares at HK$158 each to raise up to $2.07 billion in its Hong Kong listing, according to two sources with direct knowledge of the matter. Shanghai-listed China Tourism sold 102.76 million shares in the largest share sale in Hong Kong so far this year. The sources could not be… Continue reading China Tourism Group Duty Free said to have raised $2.1b in Hong Kong listing
South Korea’s SK Inc. invests $100m in EV-focused US startup Atom Power
Korea’s SK Inc has invested $100 million in North Carolina startup Atom Power, which aims to upgrade the electric vehicle (EV) charging experience in the United States with new hardware and software, the companies said Thursday. Based in Huntersville, North Carolina, eight-year-old Atom Power has developed a digital circuit breaker that provides more control, flexibility and reliability… Continue reading South Korea’s SK Inc. invests $100m in EV-focused US startup Atom Power