Uber’s plan to electrify its driver fleet by 2030 seems to be off to a good start. The ride-hailing company announced today that over 15,000 Uber drivers have signed on to rent Tesla vehicles through its partnership with car rental company Hertz. Uber claims the deal is its “largest-ever expansion” of EVs on a mobility… Continue reading Uber drivers are liking the Teslas
Category: Tech News
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Brain-machine interface helped a man with paralysis feed himself using robotic arms
People with arm paralysis might easily feed themselves in the future. Johns Hopkins University-led researchers have developed a new technique that let a partially paralyzed man feed himself using robotic arms connected through a brain-machine interface. He only had to make small movements with his fists at certain prompts (such as “select cut location”) to… Continue reading Brain-machine interface helped a man with paralysis feed himself using robotic arms
House Democrats are working on legislation to protect people’s period tracker data
In a letter posted on her official website, House Speaker Nancy Pelosi has revealed that House Democrats have been working on legislation to protect personal data collected by reproductive health trackers. It’s one of the three avenues the lawmakers are exploring following the Supreme Court’s decision to overturn Roe v. Wade. “Many fear that this… Continue reading House Democrats are working on legislation to protect people’s period tracker data
China Digest: Voyagers Capital debuts USD fund; FountainVest closes USD Fund IV at $2.9bVoyagers Capital was created earlier this month by founding pa…
Voyagers Capital has held the first closing of its maiden US dollar fund to invest in the healthcare sector. Separately, FountainVest Partners has reportedly closed its oversubscribed fourth US dollar fund at $2.9 billion. Voyagers Capital holds first close of debut USD fund China’s Voyagers Capital, a newly established healthcare investment firm, has held the… Continue reading China Digest: Voyagers Capital debuts USD fund; FountainVest closes USD Fund IV at $2.9bVoyagers Capital was created earlier this month by founding pa…
Cryptoverse: Ether holds its breath for the lean, mean ‘merge’
Investors in ether and its troubled twin stETH are nervously anticipating a crypto milestone: The merge. That’s the name for a major upgrade of the Ethereum blockchain network upon which many crypto projects are built, aimed at making it leaner, meaner and cleaner. It’s elusive. The merge was supposed to happen years ago but has… Continue reading Cryptoverse: Ether holds its breath for the lean, mean ‘merge’
Nissan shareholders reject proposal to designate Renault as parent
Japan’s Nissan Motor Co Ltd on Tuesday rejected a shareholder proposal at its annual general meeting (AGM) that would have led to the disclosure of a decades-old agreement with 43% stakeholder Renault SA. Ahead of the AGM, one investor proposed designating Renault as Nissan‘s parent company which by law would force the publication of the agreement which stipulates… Continue reading Nissan shareholders reject proposal to designate Renault as parent
Toshiba board gains two directors from activist hedge funds
Toshiba Corp shareholders voted in two board directors from activist hedge fund investors at its annual general meeting on Tuesday – an inclusion that is expected to add momentum to its exploration of potential buyout deals. Nabeel Bhanji, a senior portfolio manager at Elliott Management, and Eijiro Imai, managing director at Farallon Capital Management were elected, as was Akihiro Watanabe, an executive from boutique U.S.… Continue reading Toshiba board gains two directors from activist hedge funds
Thai Life locks in major cornerstone investors for $1b IPO
Thai Life Insurance’s initial public offering (IPO), aiming to raise up to $1.04 billion, will be sold to 18 domestic and international cornerstone investors. These investors will account for about 50% of the IPO, the largest in Southeast Asia so far in 2022, according to a term sheet seen by Reuters. The bookbuilding process will open Thursday. Thai Life did not immediately respond to… Continue reading Thai Life locks in major cornerstone investors for $1b IPO
Tesla pauses some Berlin-built Model Y deliveries over electric motor issue
Tesla had to pause deliveries of some Model Y vehicles built at Gigafactory Berlin, and the buyers are being told that there’s a problem with the electric motor. The production ramps at Gigafactory Berlin and Gigafactory Texas are undoubtedly Tesla’s most important projects at the moment. Until the automaker can ramp up to volume production… Continue reading Tesla pauses some Berlin-built Model Y deliveries over electric motor issue
Clean Technica: 11% of New Car Sales in Europe Electric (19% Plugins)002079
Stellantis Shines In Europe — Plugin Vehicle Sales Report With the overall European car market still suffering, down 13% last month year over year (YoY) and down 34% compared to May 2019, the European passenger plugin vehicle market has also started to be affected. It grew just 3% last month, with approximately 183,000 plugin vehicles… Continue reading Clean Technica: 11% of New Car Sales in Europe Electric (19% Plugins)002079