2023 proved to be a busy and somewhat challenging year for the Indonesian tech startup ecosystem. Amid the backdrop of a prolonged tech funding winter and valuation corrections, several sectors and companies were seen grappling with challenges. Waning demand post-pandemic, failing to secure fresh funding and regulatory challenges prompted tech giants to adjust their business… Continue reading Top events that shaped Indonesia’s tech scene in 2023. What’s next?
Category: Tech News
Category Added in a WPeMatico Campaign
Japan’s Daiwa to step up hunt for bankers, capitalising on M&A slump
Daiwa Securities Group plans to go on an offensive to hire M&A bankers as a global dealmaking lull allows the major Japanese investment bank to tap top-notch talent, its CEO said. “Now is our chance, as the M&A (merger and acquisition) market remains battered and many talented bankers have been up for a hunt,” Seiji… Continue reading Japan’s Daiwa to step up hunt for bankers, capitalising on M&A slump
Toyota recalls over 25,000 bZ3 EVs in China due to inaccurate remaining battery estimates
Chinese joint venture FAW Toyota is issuing its second major recall on the bZ3 EV in eight months since it hit the market overseas. The company’s latest filing pertains to over 25,000 electric sedans built this year, some of which present incorrect estimates of remaining battery capacity, some even losing complete power without warning. FAW-Toyota… Continue reading Toyota recalls over 25,000 bZ3 EVs in China due to inaccurate remaining battery estimates
Chevy Blazer EV and Cadillac Lyriq will lose tax credit eligibility, but only temporarily
GM revealed the new Chevy Blazer EV and Cadillac Lyriq are expected to lose eligibility for the EV tax credit starting January 1. According to GM, the disqualification is only temporary due to minor components. 2024 Chevy Blazer EV, Lyriq to lose tax credit eligibility GM said the temporary setback is due to “two minor… Continue reading Chevy Blazer EV and Cadillac Lyriq will lose tax credit eligibility, but only temporarily
Tesla Model Y was spotted towing a full-size tractor-trailer
A Tesla Model Y was spotted towing a full-size tractor-trailer. Why? We don’t know. Is it smart? Probably not. Does it look badass? Absolutely. Electric vehicles are not known for their incredible towing capabilities when it comes to heavy capacity. They can pull them, but it affects their range so much that it isn’t popular… Continue reading Tesla Model Y was spotted towing a full-size tractor-trailer
Tesla is having issues producing 4680 cells for Cybertruck, sketchy report says
Tesla is reportedly having issues producing 4680 battery cells for the Cybertruck, but the report is a bit sketchy. Today, Reuters released a report claiming that Tesla is having major issues with its 4680 battery cell production, and it is “one of the main bottlenecks” in making the Cybertruck: Tesla’s Giga Texas factory is currently… Continue reading Tesla is having issues producing 4680 cells for Cybertruck, sketchy report says
The hyperloop is dead for real this time
/ Hyperloop One, formerly Virgin Hyperloop, is reportedly selling off its assets, laying off its remaining workers, and preparing to shut down by the end of 2023. It was a dream too impossible for this world. By Andrew J. Hawkins, transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His… Continue reading The hyperloop is dead for real this time
Scientists Say Their New AI Can Predict When You’re Going to Die
This sounds like something out of science fiction. Foresight From predictions of AI treating humans like animals to repeated claims of algorithmic sentience, we thought we’d heard it all this year — until this new research about a purported death-predicting AI model dropped. In a new paper published in the journal Nature Computational Science, researchers from… Continue reading Scientists Say Their New AI Can Predict When You’re Going to Die
Fire Breaks Out at General Motors’ Electric Car Factory
Can you guess the culprit? Flammable Motors General Motors was forced to temporarily shut down production at its electric vehicle factory in Detroit after a fire broke out on Tuesday afternoon, the Detroit Free Press reports. The fire has since been contained and GM resumed operations at “Factory Zero” on Wednesday morning. Authorities are still… Continue reading Fire Breaks Out at General Motors’ Electric Car Factory
There May Be Some Big Tech Names on the Unsealed Epstein List
A giant list of deceased pedophile Jeffrey Epstein’s alleged co-conspirators is about to drop, and there’s a good chance some big tech names are going to be on it. On Monday, a federal judge ruled that the Epstein list — gleaned from a settlement with accuser Virginia Giuffre and purportedly containing more than 170 names of… Continue reading There May Be Some Big Tech Names on the Unsealed Epstein List