General Motors is expanding its recall of the Chevy Bolt to include all models — including the two new versions released earlier this year — after multiple fires in the electric vehicle’s battery packs. GM is warning owners not to charge their Bolts in or near their homes overnight, and to park the vehicles outside… Continue reading GM recalls all Chevy Bolts for fire risk
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UK regulator deals blow to Nvidia’s $40b deal to buy SoftBank-backed ARM …
Nvidia Corp’s planned $40 billion acquisition of British chip designer ARM hit a major hurdle on Friday after a UK regulator found it could damage competition and weaken rivals, and required a further lengthy investigation. Struck in September last year, the deal for Britain’s most important technology company by the world’s biggest maker of graphics… Continue reading UK regulator deals blow to Nvidia’s $40b deal to buy SoftBank-backed ARM …
Stunning New Brain-Fat Burning Connection Discovered in Mice
A team of Portuguese scientists made a groundbreaking discovery into how the brain controls, burns, and regulates the visceral fat tissue that surrounds our organs. Scientists long thought the nervous system and immune system collaborated to manage visceral fat, based on signs that the two systems communicated to manage fat surrounding the lungs. But there… Continue reading Stunning New Brain-Fat Burning Connection Discovered in Mice
2021 Wildfires Spewed Record Breaking Amount of C02
One region in Siberia released as much CO2 as Germany does in a year. Record Smoke Wildfires are raging across the entire globe right now, producing unprecedented amounts of greenhouse gases. That’s bad news for the health of our planet — and unquestionable proof that climate change is leaving visible, permanent scars on the environment.… Continue reading 2021 Wildfires Spewed Record Breaking Amount of C02
‘Nvidia controlling Arm could create real problems,’ UK regulator concludes
Remember when Nvidia’s CEO warned yesterday that buying Arm might take “longer than initially thought,” but that it was no big deal and “not one particular delay”? It sure sounds like a big deal as of today: on Friday, the UK’s Competition and Markets Authority (CMA) has recommended a Phase 2 investigation, because it’s worried… Continue reading ‘Nvidia controlling Arm could create real problems,’ UK regulator concludes
Delisted from NYSE, China Telecom jumps 34% in Shanghai debut …
China Telecom Corp surged 34% on its Shanghai debut on Friday, defying a bearish market after raising $7.3 billion in the world’s biggest stock listing so far this year. Shares of the Chinese telecom giant, which is blacklisted by the U.S. government due to alleged links to the Chinese military, opened 5.7% higher and rose as much as the… Continue reading Delisted from NYSE, China Telecom jumps 34% in Shanghai debut …
China said to be pushing US IPO-bound firms to hand over management of data
Chinese regulators are considering pressing data-rich companies to hand over management and supervision of their data to third-party firms if they want US stock listings, sources said, as part of Beijing’s unprecedented scrutiny on private sector firms. The regulators believe bringing in third-party information security firms, ideally state-backed, to manage and monitor IPO hopefuls’ data could effectively… Continue reading China said to be pushing US IPO-bound firms to hand over management of data
Uber buys Hong Kong cab-hailing app HKTaxi marking first exit for Beyond Ventures
Uber Technologies has acquired HKTaxi, a mobile app that connects taxi drivers with riders in Hong Kong, to couple the firm’s local knowledge and engineering strength with its global R&D and operational capabilities, the ride-hailing giant announced on Friday. The acquisition will not have any immediate impact on drivers or riders using the HKTaxi or… Continue reading Uber buys Hong Kong cab-hailing app HKTaxi marking first exit for Beyond Ventures
Bird shows improving scooter economics, long march to profitability
Newly reported financial data from Bird, an American scooter sharing service, shows a company with an improving economic model, and a multi-year path to profitability. However, that path is fraught unless a number of scenarios all work out, in concert and without a glitch. Bird, well-known for its early battles with domestic rival Lime, is… Continue reading Bird shows improving scooter economics, long march to profitability
Don’t overthink it: Elon Musk’s Tesla Bot is a joke
After a dense presentation about the undeniably impressive work Tesla is doing with AI, the company’s self-anointed Technoking, Elon Musk, capped the evening by bringing out a dancer in a spandex suit. Behold, said Musk: my Tesla Bot. The dancer in the suit, he said, was the model for a new humanoid robot Tesla will… Continue reading Don’t overthink it: Elon Musk’s Tesla Bot is a joke