Autonomous ships just took a small but important step forward. Hyundai’s Avikus subsidiary says it has completed the world’s first autonomous navigation of a large ship across the ocean. The Prism Courage (pictured) left Freeport in the Gulf of Mexico on May 1st, and used Avikus’ AI-powered HiNAS 2.0 system to steer the vessel for… Continue reading Hyundai says it’s the first to pilot a large autonomous ship across the ocean
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FTC says victims of crypto scams have lost more than $1 billion since 2021
The world of crypto continues to draw scam artists and fraud. People have reported losing a combined total of over $1 billion due to crypto scams since the beginning of 2021, according to an FTC report released today. From January 2021 through March of this year, more than 46,000 individuals filed a crypto-related fraud report… Continue reading FTC says victims of crypto scams have lost more than $1 billion since 2021
Samsung app hints at a Galaxy Watch 5 Pro
Samsung might tweak its Galaxy Watch strategy the next time around. 9to5Google and The Verge report the company’s latest beta Health app listed both a Galaxy Watch 5 and, unusually, a Galaxy Watch 5 Pro. There’s no mention of a Galaxy Watch 5 Classic. While the listings don’t necessarily spell the end of the sporty-looking… Continue reading Samsung app hints at a Galaxy Watch 5 Pro
After Nio, Xpeng, Chinese EV maker WM Motor looks to list in Hong Kong …
Money-losing electric vehicle startup WM Motor Holdings Ltd. has filed for a Hong Kong IPO to fuel its expansion, as a flood of cashed-up industry newcomers such as Baidu and Xiaomi intensify already fierce competition. With the application, filed to the Hong Kong Stock Exchange on Wednesday, WM is following in the footsteps of its larger Chinese peers Nio… Continue reading After Nio, Xpeng, Chinese EV maker WM Motor looks to list in Hong Kong …
Indonesia’s Traveloka in talks to raise over $200m from BlackRock, others
Indonesian online travel unicorn Traveloka is in talks with investment management company BlackRock and others for a funding round of more than $200 million, sources privy to the matter said. Sources have indicated that Indonesia Investment Authority (INA), the country’s newly-formed sovereign wealth fund, is also in talks to join the round. However, no final… Continue reading Indonesia’s Traveloka in talks to raise over $200m from BlackRock, others
Investors push SE Asia’s ride-hailing firms towards green mobility
Southeast Asian ride-hailing and food delivery services are racing toward eco-friendly mobility, with targets to deploy more electric and low-emission vehicles as governments and investors push for greener economies. Singapore’s Grab recently pledged to transition to low-emission vehicles to achieve carbon neutrality by 2040, the initial step being to replace its ride-hailing fleet in the… Continue reading Investors push SE Asia’s ride-hailing firms towards green mobility
Singapore-based digital assets exchange Zipmex eyes Vietnam foray
Taking a cue from the high adoption rate of crypto-currencies in Vietnam, digital assets exchange Zipmex is planning a foray into the Southeast Asian country. The startup — backed by Thailand’s Bank of Ayudhya, among other investors — currently operates in Australia, Thailand, Indonesia, and also Singapore, where it is headquartered. The roughly 1 million… Continue reading Singapore-based digital assets exchange Zipmex eyes Vietnam foray
Elon Musk clarifies that Tesla layoffs are just for salaried employees, still hiring hourly workers
Elon Musk has clarified that Tesla laying off 10% of its workforce only applies to “salaried employees,” and that the automaker is still hiring hourly workers. Earlier today, we reported on Elon Musk telling Tesla executives in an email that they need to cut 10% of the workforce and pause hiring due to having a… Continue reading Elon Musk clarifies that Tesla layoffs are just for salaried employees, still hiring hourly workers
Tesla has to respond to increase in phantom braking complaints
Tesla has to respond to an inquiry from NHTSA regarding the increasing number of phantom braking complaints that it has been receiving. Back in November of 2021, Electrek released a report called “Tesla has a serious phantom braking problem in Autopilot.” It highlighted a significant increase in Tesla owners reporting dangerous phantom braking events on Autopilot. Phantom… Continue reading Tesla has to respond to increase in phantom braking complaints
Best Turntables Under $500 in 2022
Vinyl is back after decades of digital music dominance, which is why we put together a list of the best turntables under $500. Getting into the world of audio can be intimidating, but your first turntable doesn’t have to be a four-figure investment, especially if you’re busy building up your record collection. Vinyl’s comeback has… Continue reading Best Turntables Under $500 in 2022