IFC proposes $300m senior loan to Indonesia’s Bank KB Bukopin

World Bank Group member International Finance Corporation (IFC) has proposed a $300-million senior debt facility directly and indirectly to Bank KB Bukopin, the Indonesian subsidiary of South Korea’s largest commercial bank, KB Kookmin Bank. The loan will be structured as a social bond, the first of its kind to be solely dedicated to supporting socially-oriented… Continue reading IFC proposes $300m senior loan to Indonesia’s Bank KB Bukopin

India’s startup biggies acquire more for less in H1 as funding winter sets in

As the Indian startup ecosystem grows bigger and competition gets more intense, smaller players are increasingly finding it difficult to attract fresh investments and keep their boats afloat in rough waters. As a result, they are being swallowed by the bigger fishes. To add some data-led perspective, acquisitions by Indian startups more than doubled to… Continue reading India’s startup biggies acquire more for less in H1 as funding winter sets in

Another fatal Tesla crash is being investigated by US safety regulators

The National Highway Traffic Safety Administration has opened an investigation into a fatal crash involving a Tesla, according to documents viewed by TechCrunch. The investigation, which was opened in July, is the latest in a long string of inquiries by NHTSA’s Special Investigations program into crashes involving Tesla vehicles. This fatal crash, in which a… Continue reading Another fatal Tesla crash is being investigated by US safety regulators

US safety regulators open special investigation into Cruise AV crash

The National Highway Traffic Safety Administration has opened a special investigation into a crash in San Francisco involving a Cruise autonomous vehicle that resulted in minor injuries. The agency’s special crash investigations team officially launched its inquiry in June, according to documents viewed by TechCrunch. NHTSA’s special crash investigations program focuses on cases useful for… Continue reading US safety regulators open special investigation into Cruise AV crash

Elon Musk suggests Tesla will make ‘highly configurable Robovan’ for people and cargo

Elon Musk suggests that Tesla will make a “highly configurable Robovan” to transport both people and cargo. The comment comes after the CEO announced that Tesla will make a dedicated electric vehicle to work as a “robotaxi.” Tesla hasn’t unveiled a new vehicle in a long time. In a product roadmap update earlier this year,… Continue reading Elon Musk suggests Tesla will make ‘highly configurable Robovan’ for people and cargo

Tesla is preparing to open up Superchargers to non-Tesla EVs in the US later this year

Tesla is preparing to open up its Supercharger network to non-Tesla electric vehicles in the US later this year, according to a memo from the White House. The company already announced plans to open its Supercharger network to all-electric vehicles globally, but the rollout of the initiative has been slow and is currently limited to… Continue reading Tesla is preparing to open up Superchargers to non-Tesla EVs in the US later this year

Web3 projects have lost more than $2 billion to hacks this year

In the first six months of 2022, Web3 projects have lost more than $2 billion to hacks and exploits — more than all of 2021 combined. That’s according to research from blockchain auditing and security company CertiK, which on Thursday released its quarterly Web3 security report covering Q2 of this year. The report paints a… Continue reading Web3 projects have lost more than $2 billion to hacks this year

Two new fatal Tesla crashes are being examined by US investigators

Two fatal Tesla crashes are being examined by investigators at the National Highway Traffic Safety Administration. Reuters reported that NHTSA opened a special investigation into a recent fatal crash in California, in which a Tesla driver killed a pedestrian. And an agency spokesperson confirmed to The Verge that a crash that took place on July… Continue reading Two new fatal Tesla crashes are being examined by US investigators

Waymo autonomous vehicle attacked by an ‘erratic’ pedestrian in Arizona

An “erratic” pedestrian attacked a Waymo autonomous vehicle late Tuesday evening in Tempe, Arizona, smashing the windshield and injuring the safety driver, the company said. It was the latest incident of people in Arizona attacking Waymo vehicles — and occasionally their safety drivers — as the company ramps up its commercial service in the state.… Continue reading Waymo autonomous vehicle attacked by an ‘erratic’ pedestrian in Arizona

YouTube Marked Horror Video as “For Kids,” Wouldn’t Let Creator Reverse It

This is a really bad look. Horror Struck YouTube is once again screwing up its children’s programming after designating a found footage horror video as “for kids” and not allowing the creator to change the erroneous rating manually. The issue apparently began over the holiday weekend, when, as YouTuber Kris Straub tweeted, the social network… Continue reading YouTube Marked Horror Video as “For Kids,” Wouldn’t Let Creator Reverse It