Category: Tech News

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The US Is Gently Discouraging States From Building New Highways

Highways are not great for the planet. Their smooth, wide, inviting lanes have helped make transportation the largest source of greenhouse gas emissions in the US, responsible for 29 percent of the total. With prodding from the Biden administration, major US automakers have pledged that 40 percent of their sales will be powered by plugs,… Continue reading The US Is Gently Discouraging States From Building New Highways

Hulu’s ‘Your TV DNA’ recaps your 2021 streaming habits

Not to be outdone by Spotify (and nearly every other streaming platform, for that matter), Disney’s Hulu has released an end-of-year recap. Dubbed “Your TV DNA,” you can use the tool to find out how many films and TV episodes you watched in 2021, as well as what your favorite genres were over the last… Continue reading Hulu’s ‘Your TV DNA’ recaps your 2021 streaming habits

Comcast won’t enforce Northeast data caps until 2023 at the earliest

Comcast subscribers in the US Northeast just got another reprieve from data caps, and this one might stick. According to Light Reading and The Verge, a Comcast spokesperson said the cable giant now had “no plans” to enforce internet data caps in the region throughout 2022. State Rep. Andy Vargas even claimed the strategy might… Continue reading Comcast won’t enforce Northeast data caps until 2023 at the earliest

Rivian selects Georgia as site for its second EV factory

Following months of speculation, electric transport startup Rivian shared where it plans to build a second factory. In the summer of 2022, the automaker will break ground on a facility about an hour east of Atlanta, Georgia, it announced on Thursday. Once the plant is complete sometime in 2024, the company hopes to eventually produce… Continue reading Rivian selects Georgia as site for its second EV factory

Cruise CEO to step down as GM accelerates self-driving car plans

General Motors announced Thursday that Dan Ammann, CEO of its self-driving vehicle division, Cruise, is leaving both his position and the company. Details are remain scarce on the reason for Ammann’s sudden departure, though the company has already named Cruise President and CTO Kyle Vogt the interim CEO. What’s more, former Northrop Grumman CEO, Wesley… Continue reading Cruise CEO to step down as GM accelerates self-driving car plans

Meta says 50,000 people were targeted by ‘surveillance for hire’ companies

Meta has banned seven “surveillance for hire” companies that targeted at least 50,000 people around the world. The company also banned more than 1,000 accounts associated with these companies. The companies targeted in the takedowns include Cobwebs, Cognyte, Black Cube, Bluehawk CI, BelltroX and Cytrox. Facebook’s security researchers also identified “an unknown entity in China,”… Continue reading Meta says 50,000 people were targeted by ‘surveillance for hire’ companies

GLP partners two Chinese state-backed firms to launch logistics fund …

Global logistics real estate investor GLP has partnered with Chinese state-owned insurer China Life and agribusiness player China Co-Op Group to set up a modern logistics industry fund with a debut size of nearly 3 billion yuan ($471 million).  The fund, dubbed GLP Co-Op Development Fund, targets to raise up to 20 billion yuan ($3.14… Continue reading GLP partners two Chinese state-backed firms to launch logistics fund …

Global private equity firm TPG submits paperwork for New York listing …

Private equity firm TPG has submitted paperwork for an initial public offering in the United States, according to a regulatory filing on Thursday, as it seeks to better compete with its publicly traded peers. Fort Worth, Texas-headquartered TPG, which did not reveal the number of shares it plans to sell or the indicative price range, is known for… Continue reading Global private equity firm TPG submits paperwork for New York listing …

Indonesia’s SWF prioritises good governance, open to investing in unicorns

Premium Indonesia Investment Authority (INA), the country’s newly-established sovereign wealth fund, is prioritising a good governance framework at the core of its investment strategy, a top executive said. INA’s chief risk officer Marita Alisjahbana told DealStreetAsia, in an interview, “everything needs to go through a real process. There are many [targets], of course, to get… Continue reading Indonesia’s SWF prioritises good governance, open to investing in unicorns