VW might just buck the trend of ever-rising EV prices. The automaker has revealed that the 2023 ID.4 electric SUV will start at $37,495 before the destination fee ($1,295) and tax credits, or well under the $41,230 price of its predecessor. The trick, as you might guess, is a smaller battery. The base model (now… Continue reading Volkswagen’s US-made 2023 ID.4 EV will start at $37,495
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‘Among Us VR’ beta signups are now open
Among Us is about to enter the realm of virtual reality. If you’re lucky, you might even be able to try Among Us VR before it’s officially released later this year. Signups are now open for the spin-off’s beta. As you might expect, Among Us VR shifts the action from a top-down perspective to a first-person view.… Continue reading ‘Among Us VR’ beta signups are now open
Instagram is expanding NFT features to more than 100 countries
The non-fungible token (NFT) market has fallen off a cliff, but that’s not stopping Instagram from doubling down on digital collectibles. After a test launch in May, the app is expanding its NFT features to more than 100 countries across Africa, Asia-Pacific, the Middle East and the Americas. Instagram users can include NFTs in their… Continue reading Instagram is expanding NFT features to more than 100 countries
Paramount+ hits 43 million subscribers as streaming rivals struggle
You might think a network-specific streaming services like Paramount+ doesn’t stand a chance in a grim market when even Netflix is floundering, but it’s apparently thriving. The company has revealed that Paramount+ added 3.7 million subscribers in the second quarter, with more than 43 million total users. And that’s after withdrawing from Russia — if… Continue reading Paramount+ hits 43 million subscribers as streaming rivals struggle
UK trials roadside van that detects if drivers are holding their phone
UK police are testing a roadside van that can detect whether a driver is holding a phone while they’re at the wheel. The three-month trial is being conducted in Warwickshire with the help of government-owned National Highways, which oversees motorways and major A roads in England. The test will help determine how the tech may… Continue reading UK trials roadside van that detects if drivers are holding their phone
TuSimple reportedly tried to pass off a self-driving truck crash as ‘human error’
TuSimple is in trouble. Last April, a semi-trailer truck operated by the San Diego-based company that was traveling down I-10 in Tucson, Arizona, suddenly lurched left, slamming into a concrete divider, according to dashcam footage leaked to YouTuber Asian Mai. TuSimple blamed “human error,” but a report in The Wall Street Journal says that’s a… Continue reading TuSimple reportedly tried to pass off a self-driving truck crash as ‘human error’
Chinese memory upstart YMTC edges closer to rivals with 232-layer chipThe company unveiled its fourth-generation 3D NAND chip, the X3-9070
Chinese chipmaker Yangtze Memory Technologies Co Ltd (YMTC) on Wednesday announced new memory chip technology that would help it catch up with rivals Micron and SK Hynix, just as Washington considers steeper curbs on Chinese semiconductor companies. The company unveiled its fourth-generation 3D NAND chip, the X3-9070, and its first to feature 232 layers of memory cells, government-backed media outlet Global Times reported on Wednesday. That places it… Continue reading Chinese memory upstart YMTC edges closer to rivals with 232-layer chipThe company unveiled its fourth-generation 3D NAND chip, the X3-9070
India Digest: Northern Arc Capital raises $25m, LC Nueva marks 2nd close of debut fund
Debt financier Northern Arc Capital on Thursday said it has raised $25 million in external commercial borrowings (ECB) from AFD Group’s private sector financing arm, Proparco. Separately, LC Nueva Investment Partners has marked the second close of its debut fund at $40 million, raising the total targeted corpus, according to VCCircle. Northern Arc Capital raises… Continue reading India Digest: Northern Arc Capital raises $25m, LC Nueva marks 2nd close of debut fund
Credit Suisse may be planning thousands of job cuts globally
Credit Suisse Group is discussing slashing thousands of jobs globally, Bloomberg News reported on Thursday, citing people familiar with the matter. The Swiss bank is expected to finalise plans over the next couple of months and is examining inefficiencies in its middle and back office, in addition to efforts to reshape its investment bank, according to the report. “We have said we will… Continue reading Credit Suisse may be planning thousands of job cuts globally
SoftBank-backed CRM&Bonus buys social selling startup Zipper
SoftBank–backed Brazilian giftback company CRM&BONUS has acquired Zipper, a platform that creates systems for social media sales, for 25 million reais ($4.7 million), the companies said. “This acquisition allows us to increase offers to retailers to help them raise sales,” CRM&BONUS founder and CEO Alexandre Zolko said in an interview with Reuters. A giftback company puts shoppers’ discount coupons from retailers onto their mobile phones… Continue reading SoftBank-backed CRM&Bonus buys social selling startup Zipper