Apple’s development of a self-driving car has proven arduous and massively challenging for the company. The Information today published an extensive chronology of the project so far. It covers some familiar ground for anyone who’s been following Project Titan over the years, like a revolving door of leadership, high turnover across the team, and shifting… Continue reading Apple Car project reportedly still running into roadblocks — and nearly a jogger
Category: Tech News
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How the ride-sharing revolution failed passengers with disabilities
It’s the year 2022, and Henry Claypool still has trouble getting ride-sharing companies to send a wheelchair-accessible car to his home. Smartphone apps like Uber and Lyft were supposed to democratize transportation for marginalized groups — but for wheelchair users like Claypool, this was always a false promise. “I live in Arlington, Virginia, still inside… Continue reading How the ride-sharing revolution failed passengers with disabilities
Elon Musk is walking away from Twitter deal after selling $8 billion worth of Tesla (TSLA) stock for it
After months of negotiations, Elon Musk has officially moved to terminate his takeover of Twitter, but the CEO has still sold around $8 billion worth of Tesla (TSLA) stock to make it happen. What is he going to do with that money? After Tesla went public in 2010, Elon Musk often said that he would… Continue reading Elon Musk is walking away from Twitter deal after selling $8 billion worth of Tesla (TSLA) stock for it
Asia Digest: Korea’s Kakao may sell 10% in mobility arm; OCP’s $200m financing for Oz SDA sector
South Korean internet giant Kakao has been reported to sell around 10% in its transportation division Kakao Mobility while OCP Asia Limited has announced a $200-million financing for Australia’s specialist disability accommodation (SDA) sector. Korea’s Kakao may sell around 10% in mobility arm South Korean internet giant Kakao has been reported to sell around 10%… Continue reading Asia Digest: Korea’s Kakao may sell 10% in mobility arm; OCP’s $200m financing for Oz SDA sector
Leaked Uber Files reveal history of lawbreaking, lobbying and exploiting violence against drivers
Thousands of leaked confidential files reveal a treasure trove of sketchy and unlawful behavior from Uber. The Uber Files, which were originally shared with The Guardian and the International Consortium of Investigative Journalists, show a company that has knowingly broken laws, gone to extreme lengths to avoid justice, secretly lobbied governments, received aid from top… Continue reading Leaked Uber Files reveal history of lawbreaking, lobbying and exploiting violence against drivers
SEA Digest: 917V partners with AC Ventures; E27 founder launches VC fundThe VC firm will invest in early-stage tech companies in Southeast Asia
917Ventures (917V) has partnered with AC Ventures to explore business opportunities and grow its ecosystem while e27’s Co-Founder and CEO Mohan Belani has announced the launch of a venture capital (VC) firm. AC Ventures partners 917Ventures Philippine tech giant Globe’s corporate venture builder, 917Ventures (917V), has partnered with local investor AC Ventures to explore business… Continue reading SEA Digest: 917V partners with AC Ventures; E27 founder launches VC fundThe VC firm will invest in early-stage tech companies in Southeast Asia
Vantage Point: SCBX reassessing BitKub investment may not be such a bad thing
This weekly newsletter highlights top developments and trends across Southeast Asia’s digital economy and ecosystem, without losing sight of the solid links between the online and offline worlds. Executive Summary SCBX rethinking its BitKub investment may be a prudent step DANA remains the dark horse of digital payments Astra’s investment in Bank Jasa should come… Continue reading Vantage Point: SCBX reassessing BitKub investment may not be such a bad thing
Evergrande unit’s onshore bondholders reject proposal to delay repayment
Onshore bondholders of embattled property developer China Evergrande Group’s main unit have rejected a proposal to postpone repayment of a 4.5 billion yuan ($671.04 million) bond, a securities filing made by the unit showed on Monday. Hengda Real Estate Group Co Ltd, Evergrande’s flagship onshore unit, said in a filing to the Shenzhen Stock Exchange… Continue reading Evergrande unit’s onshore bondholders reject proposal to delay repayment
Clean Technica: Oxford, Fastned, Tesla, Wenea, & Pivot Power Commission Europe’s Most Powerful EV Charging Hub002103
Eventually, a total of 400 electric cars could charge at the new Energy Superhub Oxford at one time. At launch, there are currently spaces for 42 vehicles to use fast charging or ultra-rapid charging stations. The charging capacity at Energy Superhub Oxford is greater than at any other charging station in Europe, according to the… Continue reading Clean Technica: Oxford, Fastned, Tesla, Wenea, & Pivot Power Commission Europe’s Most Powerful EV Charging Hub002103
Salting Your Food Can Kill You Faster, Doctors Say
Image by Getty Don’t pass the salt — seriously. Doctors from the US and Switzerland published research in the European Heart Journal earlier today that found people who add salt to their food after it’s already been cooked are more likely to die a premature death. More than 500,000 participants in the UK filled out a… Continue reading Salting Your Food Can Kill You Faster, Doctors Say