Tag: Tesla

‘The focus should be on digital ownership’ The crypto world is riddled with noise. Memecoins, speculation, rug pulls, scams, hype and doomers distract us from all the innovative stuff people are building with blockchains. And sometimes the noise pollutes the stream of information so much, it can get really difficult to continue to believe in…

The European Union’s AI Act, a risk-based plan for regulating applications of artificial intelligence, has passed what looks to be the final big hurdle standing in the way of adoption after Member State representatives today voted to confirm the final text of the draft law. The development follows the political agreement reached in December —…

Over 87,000 people swear by it to enhance their bedding…

Advanced manufacturing startup Orbital Composites is teaming up with Virtus Solis Technologies to conduct a space-based solar power demonstration as soon as 2027. The two companies say the mission will be a precursor to an in-space “megawatt-class” solar power installation by 2030, which could mark “a new chapter in renewable energy.” Space-based solar power (SBSP) is…

Amazon announced today the launch of an AI-powered shopping assistant it’s calling Rufus that’s been trained on the e-commerce giant’s product catalog as well as information from around the web. The company says the new tool will launch to a subset of U.S. customers in beta, starting today, before expanding to more users in the…

Tesla has been sued by 25 California counties alleging the automaker has repeatedly mishandled hazardous waste at facilities throughout the state. The lawsuit was filed after months of settlement talks apparently fell apart. The complaint, filed in San Joaquin County Superior Court, states that Tesla improperly labeled and disposed of materials like “lead acid batteries…

They say don’t shoot the messenger, but what if The Messenger shoots itself? Media startup The Messenger burst on the scene last May with $50 million in hand, aggressively hiring journalists to build an “unbiased” digital newsroom. Instead, its staff found out through a New York Times article today that the publication is shutting down.…

The before-and-after photos speak for themselves…

A Delaware judge ruled Tuesday that Elon Musk’s $56 billion multi-billion pay package is unfair, voiding the largest in compensation deal in corporate history. The decision, issued Tuesday in the Delaware Court of Chancery by Judge Kathaleen McCormick, means that Musk, the world’s richest person, can’t keep the 2018 compensation package. The ruling doesn’t provide…

Giant Ventures, a U.K.-based VC that has made a habit of investing on both sides of the Atlantic, is launching two new funds, totaling $250 million. Its previous fund totaled $100 million. The firm invests across climate, health and what it calls “purpose-driven” startups and some used to call “impact” or “mission-driven.” Whatever the case,…