Ascend Elements Raises $300M in Funding

Ascend Elements’ Apex 1 sustainable EV battery material facility under construction in Hopkinsville, Ky. The company’s Series C funding round will accelerate construction of the one-of-a-kind facility, which will produce sustainable, engineered battery materials from recycled lithium-ion batteries. Ascend Elements, a Westborough, MA-based engineered materials and lithium-ion battery recycling company, raised $300M in equity and… Continue reading Ascend Elements Raises $300M in Funding

There was a record-breaking increase in methane in Earth’s atmosphere last year

/ Methane is an even more powerful greenhouse gas than carbon dioxide, and scientists are scrambling to figure out why there’s been such a dramatic increase of it in the atmosphere In an aerial view, some pumpjacks operate while others stand idle in the Belridge oil field on November 3rd, 2021, near McKittrick, California.Photo by… Continue reading There was a record-breaking increase in methane in Earth’s atmosphere last year

The Tesla Cyberquad for kids has been recalled for not meeting safety standards

/ The electric vehicle, modeled after one Tesla announced alongside the Cybertruck, was sold on the automaker’s website You can return a critical component for a $1,900 refund.Image: Tesla The $1,900 Tesla Cyberquad for kids is being recalled after the Consumer Product Safety Commission determined that it doesn’t meet safety standards for youth ATVs. Although… Continue reading The Tesla Cyberquad for kids has been recalled for not meeting safety standards

Tesla’s latest recall can’t be solved with a software update

/ It’s a surprise rare physical safety recall affecting over 24,000 Model 3 cars caused by incorrect reassembly of rear-left and center seat belt components Illustration by Alex Castro / The Verge Tesla is issuing a safety recall on over 24,000 Model 3 vehicles that can’t be fixed with a software update this time. The… Continue reading Tesla’s latest recall can’t be solved with a software update

It’s time to admit self-driving cars aren’t going to happen

A couple caveats for those going apoplectic over the headline: I mean self-driving isn’t going to be a thing A) in our lifetimes and B) with any kind of omnipresent scale. So in terms of the daily lived experience of most people reading this, truly autonomous vehicles just aren’t going to happen. The evidence pointing… Continue reading It’s time to admit self-driving cars aren’t going to happen

You can buy ten pairs of these amazing earbuds for the price of Apple’s AirPods Pro

Soundcore by Anker Life P2 Mini earbuds Adrian Kingsley-Hughes/ZDNET I like my AirPods Pro. I really do. They are the best earbuds that I’ve ever owned. But at $250, they are out of the reach of many people’s budgets. Not only that, but if you’re someone who’s prone to lose or break things, or maybe… Continue reading You can buy ten pairs of these amazing earbuds for the price of Apple’s AirPods Pro

Ford thinks driver assist is a safer bet than driverless cars, but it’s fooling itself

/ The automaker pulled support for driverless startup Argo AI, arguing that Level 2 and Level 3 driver-assistance technology would have more near-term benefits. But what if Level 3 is riskier? Even worse, what if it’s dangerous? This update is “just the beginning” for the driver assist system, Ford says.Image: Ford When Ford announced yesterday… Continue reading Ford thinks driver assist is a safer bet than driverless cars, but it’s fooling itself

The Twitter deal is all downside risk for Elon Musk

Elon Musk has everything to lose and only retweets to gain Share this story Illustration by William Joel / The Verge Elon Musk’s $44 billion acquisition of Twitter is expected to close tomorrow. (Please God, let it close tomorrow.) There are lots of very smart financial journalists who have things to say about this. Here in… Continue reading The Twitter deal is all downside risk for Elon Musk

APG, CapitaLand Investment enter JV, to take over SG self-storage operatorAPG will hold 90% stake in the entity formed to establish an Asia-focused se…

Dutch pension fund manager APG Asset Management has teamed up with Singapore-listed real estate company CapitaLand Investment (CLI) to acquire self-storage operator Extra Space Asia (ESA) for approximately S$570 million ($405 million) through a joint venture deal, according to a statement. APG will hold a 90% stake in a newly-formed entity set out to establish… Continue reading APG, CapitaLand Investment enter JV, to take over SG self-storage operatorAPG will hold 90% stake in the entity formed to establish an Asia-focused se…

Lamudi’s holding entity EMPG raises $200m led by Jared Kushner’s Affinity Partners

Emerging Markets Property Group (EMPG), the holding company of Indonesian property listing platform Lamudi, on Thursday announced that it has raised $200 million in funding led by US-based Affinity Partners, which is Jared Kushner’s global investment firm. Kushner, the son-in-law and former aide to ex-US president Donald Trump, has raised more than $3 billion in… Continue reading Lamudi’s holding entity EMPG raises $200m led by Jared Kushner’s Affinity Partners