Tesla’s stock (TSLA) is down 7% this week, wiping out tens of billions of dollars worth of market capitalization. The market is trying to figure out what is putting so much pressure on the stock. The main suspect is the NHTSA probe into Tesla Autopilot in relation to accidents with emergency vehicles where the driver-assist… Continue reading Tesla (TSLA) stock is getting hammered. Is it really the Autopilot probe?
Category: Tech News
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You can now queue to purchase a PS5
Sony is releasing a fresh batch of PlayStation 5 consoles today through its online storefront at 5:15PM ET / 2:15PM PT. Both the $499.99 version of the PS5 that can accept discs and the discless version that costs $100 less will be available for order. Unlike other retailers who release PS5 consoles into the wild,… Continue reading You can now queue to purchase a PS5
EVgo launches new pricing plans and a rewards program
EVgo is changing how it prices the electricity that gets doled out on its electric vehicle charging networ, and is launching a nationwide rewards program for its customers. Starting in September, the company will start offering three ways to pay for charging on its network across the country. There’s the typical pay-as-you go option, which… Continue reading EVgo launches new pricing plans and a rewards program
Scientists Warn That More Electronics May Result in More Lead Poisoning
A team of researchers at the Hebrew University of Jerusalem (HU) have found a link between the rates of metal production and toxic lead exposure in humans over thousands of years. The team examined human remains from a burial ground in central Italy that had been in continuous use for about 12,000 years. As production… Continue reading Scientists Warn That More Electronics May Result in More Lead Poisoning
Watch Boston Dynamics’ Humanoid Robot Do Actual Parkour
We bet you haven’t seen a humanoid robot vault over an obstacle before. Robot Parkour Robot maker Boston Dynamics has released the latest video of its two-legged humanoid robot, called Atlas, performing daring stunts. In the video, a pair of Atlas robots can be seen performing some impressive parkour, leaping over chasms, jumping over uneven… Continue reading Watch Boston Dynamics’ Humanoid Robot Do Actual Parkour
Thai energy firm PTT increases renewable target, eyes EV venture
Thailand’s state-owned PTT Pcl is setting its sights on a future in electric vehicles (EV) and more renewable power, its top executive said on Tuesday. “We have a new vision,” Auttapol Rerkpiboon said, laying out plans for growth and increasing its renewable power target to 12 gigawatts (GW) by 2030, from 8 GW previously. “Energy has arrived at a point of change, moving more… Continue reading Thai energy firm PTT increases renewable target, eyes EV venture
Shanghai regulators crack down on ‘black mouth’ online stock manipulators
Internet and securities watchdogs in China’s financial hub Shanghai have waged a campaign against “black mouths”, commentators who try to manipulate stock prices with online posts, the cyberspace regulator said in Tuesday. During the recently launched campaign, the Shanghai offices the Cyberspace Administration of China (CAC) and China Securities Regulatory Commission (CSRC) deleted or blocked over 17,000 pieces of… Continue reading Shanghai regulators crack down on ‘black mouth’ online stock manipulators
Investment banks in South Korea pocket record fees this year amid IPO boom
Investment banks in South Korea have pocketed record fees from equity underwriting this year thanks to a boom in initial public offerings (IPOs), data showed — and bankers are betting a buzzing deal pipeline means a continued near-term surge. The total fee pool for 2021 equity capital market (ECM) deals in South Korea is now… Continue reading Investment banks in South Korea pocket record fees this year amid IPO boom
China market regulator okays Ping An’s acquisition of New Founder Group
China‘s market regulator has approved Ping An Life Insurance’s acquisition of a majority stake in New Founder Group, which was established after Founder Group started court-led restructuring proceedings last year. The anti-trust bureau of the State Administration for Market Regulation issued the approval on its website on Tuesday, without disclosing financial details of the deal. Ping An Insurance Group said in April that its subsidiary Ping An Life would acquire a 51.1%… Continue reading China market regulator okays Ping An’s acquisition of New Founder Group
Car-sharing startup Turo has filed confidentially for an IPO
Turo, the peer-to-peer car-sharing startup, has initiated the confidential process of filing for an initial public offering with the U.S. Securities Exchange Commission. The number of shares to be offered in the IPO and the price range have not yet been determined, the company said in a statement. Turo declined to provide additional information to… Continue reading Car-sharing startup Turo has filed confidentially for an IPO