Committee chair Rep. Bennie Thompson, Democrat of Mississippi, outlined how future hearings would focus on the particulars of the conspiracy and the careful construction of Trump’s knowing lies—committee members explained that they saw in Trump’s behavior a “sophisticated” seven-step plan for overturning the election—but Thursday’s hearing mostly focused on reminding Americans of the stakes involved.… Continue reading The January 6 Hearing Was a Warning
Category: Tech News
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Meta lawyers are reportedly investigating Sheryl Sandberg’s use of company resources
Meta’s lawyers are investigating outgoing COO Sheryl Sandberg amid claims she misused company resources, The Wall Street Journal reports. The paper says the investigation goes back “several years” and is scrutinizing Meta employees’ work on Sandberg’s personal projects. When Sandberg first announced her departure from the company, The Wall Street Journal reported the company was… Continue reading Meta lawyers are reportedly investigating Sheryl Sandberg’s use of company resources
Lightyear’s very pricey solar-powered car will go into production in late 2022
EV startup Lightyear debuted its first solar-powered vehicle this week, a sleek sedan called the Lightyear 0. The company gave us a peek at a production prototype of Lightyear 0 in 2019, and at first glance, not much has changed. The car is essentially an unconventional hybrid equipped with both a conventional 60-kilowatt-hour EV battery… Continue reading Lightyear’s very pricey solar-powered car will go into production in late 2022
Meta’s Horizon Home social space will arrive on Quest 2 headsets next week
Starting next week, Meta will add a more social-oriented home space to Quest 2. Horizon Home, which the company announced at Oculus Connect last year, will appear when users slip on the virtual reality headset. They can invite friends to come over and hang out, watch videos and play games together. It’s part of Meta’s… Continue reading Meta’s Horizon Home social space will arrive on Quest 2 headsets next week
US SPAC to move ahead with listing of Okada Manila casino despite dispute …
The chief executive of the Nasdaq-listed blank-check company that hopes to merge with Philippine casino Okada Manila says it will move ahead with the plan despite a deepening management dispute over the resort. Okada Manila is planning to list in the US by merging with 26 Capital Acquisition, a special purpose acquisition company (SPAC), in… Continue reading US SPAC to move ahead with listing of Okada Manila casino despite dispute …
Indian EV firm Magenta to raise up to $30m soon, eyes profits in a year
Home-grown electric vehicle charging and mobility solutions company Magenta is looking to raise $20-30 million in a Series B funding round in a couple of weeks, co-founder Darryl Dias told DealStreetAsia in an interview. The upcoming round will be led by international investors and see participation from existing ones. Seed-funded by HPCL in 2018 and… Continue reading Indian EV firm Magenta to raise up to $30m soon, eyes profits in a year
SE Asia Deal Review: Startup fundraising falls to five-month low of $1.42b in May
Dealmaking in Southeast Asia dropped by almost 30% month-on-month in May to $1.42 billion — the lowest so far in 2022 — due to a scarcity of megadeals, proprietary data compiled by DealStreetAsia show. There were only 82 venture capital and private equity deals last month, which was also the lowest deal volume in January-May… Continue reading SE Asia Deal Review: Startup fundraising falls to five-month low of $1.42b in May
QuantumScape loses manufacturing chief over management style mismatch
Celina Mikolajczak, who has held senior roles at Tesla and Panasonic, resigned from QuantumScape less than a year after taking the chief manufacturing officer position at the solid-state battery company, according to a regulatory filing. Mikolajczak and QuantumScape are parting ways over “differing management styles between the parties,” the filing with the U.S. Securities and… Continue reading QuantumScape loses manufacturing chief over management style mismatch
Tesla (TSLA) announces 3-for-1 stock split
Tesla (TSLA) announced today that it is going to put a three-for-one stock split to a shareholder vote at its upcoming annual meeting. The company announced its intentions to do another stock split back in March, but it didn’t reveal the details. Today, as part of the release of its prospectus for its 2022 annual… Continue reading Tesla (TSLA) announces 3-for-1 stock split
Tesla Model Y with new 4680 cells shows impressive potential for faster charging
Early experiences with the new Tesla Model Y with 4680 cells and a structural battery pack are showing some impressive potential for faster charging and better energy density. When Tesla delivered its first made-in-Texas Model Y vehicles, we noted that it was strange that Tesla didn’t reveal any details – like specs and pricing –… Continue reading Tesla Model Y with new 4680 cells shows impressive potential for faster charging