Sega has announced that it’s releasing a second edition of its Genesis Mini console in the US on October 27th. The company says this version is more powerful than the hardware released in 2019. It’ll ship with a batch of over 50 games, and this time, some of those will be Sega CD titles. (Yes,… Continue reading Sega’s Genesis Mini 2 launches in October with more power and more games
Category: Tech News
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The future of cars is a subscription nightmare
As cars get more expensive to make and profit margins dwindle, automakers are coming up with new and loathsome ways to squeeze more money out of their customers. Subscription-based access to vehicle features, like heated seats or remote-start key fobs, are the latest attempt to charge people for things their car already came with. The… Continue reading The future of cars is a subscription nightmare
Autonomous flight startup Merlin Labs nabs $105M and US Air Force partnership
Autonomous flight is a grand challenge in aviation — and a gold mine. The first company to crack it at scale stands to reap handsome profits from transportation and logistics alone. In 2020, the size of the global cargo airline industry was $110.8 billion, according to Statista, and one source estimates that it’ll generate hundreds… Continue reading Autonomous flight startup Merlin Labs nabs $105M and US Air Force partnership
Polestar on track to sell 50,000 EVs in 2022
Polestar, the electric vehicle maker that made its Nasdaq debut in June, said Wednesday it is on track to meet its annual sales target. For the first half of 2022, Polestar delivered approximately 21,200 cars, more than twice as many as the 9,510 cars it posted for the same period in 2021. The company said… Continue reading Polestar on track to sell 50,000 EVs in 2022
EV owners won’t be able to pick their own low-speed noise after NHTSA scraps proposal
Well, that’s a bummer. The National Highway Traffic Safety Administration won’t be moving forward with a proposal to let electric vehicle owners pick their own low-speed sounds, citing a lack of “supportable data.” The move was first reported by Reuters. Back in 2019, NHTSA introduced a proposed rule-making that would have allowed drivers to “select… Continue reading EV owners won’t be able to pick their own low-speed noise after NHTSA scraps proposal
Alphabet to slow hiring in second half as economy sputtersDecades-high inflation and Ukraine crisis hit businesses worldwide
Alphabet Inc said on Wednesday it would slow the pace of hiring for the rest of the year, the latest company to make such a move as decades-high inflation and the fallout from the Ukraine crisis pressure businesses. The announcement aligns the parent of search giant Google with other major tech companies, including Uber Technologies… Continue reading Alphabet to slow hiring in second half as economy sputtersDecades-high inflation and Ukraine crisis hit businesses worldwide
Japan’s Mitsubishi UFJ may bid for Indonesia’s Panin Bank
Japan-based Mitsubishi UFJ Financial Group Inc (MUFG) is considering a bid for Bank Pan Indonesia Tbk PT (Panin Bank), Bloomberg News reported on Wednesday, citing people familiar with the matter. The Tokyo-based bank is working with a financial adviser as it explores a deal to acquire a stake in Panin Bank, the report said. The Japanese lender could propose merging Jakarta-based bank with local unit Bank Danamon Indonesia Tbk… Continue reading Japan’s Mitsubishi UFJ may bid for Indonesia’s Panin Bank
Morningstar cuts ‘several’ hundreds of China jobs, moves ops elsewhere
US-based Morningstar has cut or relocated several hundreds of jobs at its China hub Shenzhen, and is moving operations to other countries, it said on Wednesday, as global firms struggle to comply with the country’s new data regulatory landscape. The financial services firm whose offerings include investment research for mutual funds and asset management, has around 1,000 staff based in the southern Chinese… Continue reading Morningstar cuts ‘several’ hundreds of China jobs, moves ops elsewhere
India says China’s Oppo evaded $551m in customs duty
An investigation by India‘s Directorate of Revenue Intelligence has found that Chinese smartphone maker Oppo evaded customs duty worth 43.9 billion rupees ($551 million), a government statement said on Wednesday. Indian investigators found evidence that Oppo wrongfully used duty exemptions for items imported for use in mobile phone production, the statement said. They also allege Oppo made royalty payments which were not added to the… Continue reading India says China’s Oppo evaded $551m in customs duty
My war on animation
Imagine entering a house with an endless series of doors and corridors. Behind some of those doors are the most delightful things imaginable: feasts straight out of Redwall, unicorns, an endless supply of scenic vistas, and unionized workplaces. Behind other doors, however, are grotesque and terrifying jack-in-the-boxes that pop up the minute you crack the… Continue reading My war on animation