• 19
    Aug

    Xos Trucks raises $20M to put more of its electric commercial trucks on the road

    Commercial electric vehicle startup Xos Trucks has raised $20 million, funding it will use to ramp up production ahead of potential new demand fueled by a landmark emissions rule adopted by California that will require more than half of all trucks sold in the state to be zero-emissions by 2035. The startup, which was formerly known as Thor Trucking, raised ...
  • 19
    Aug

    TikTok’s big UnitedMasters deal is the way forward for creators looking to secure their bag

    TikTok is right in the jaws of a thorny situation with the U.S. government regarding its ownership, but it’s sending a clear message today that it is not sitting on its heels with big deals. Yesterday, it announced a deal with UnitedMasters to allow artists on TikTok to distribute their songs directly to streaming services and other partners directly. UnitedMasters is the un-record-label ...
  • 19
    Aug

    Google launches Kormo app in India to help people find entry-level jobs

    Google said on Wednesday it has expanded its jobs app, called Kormo Jobs, to India as the Search giant looks to offer a helping hand to millions looking for entry-level roles and further displace Microsoft’s LinkedIn relevance in the world’s second largest internet market. The company first launched Kormo Jobs in Bangladesh in 2018 and expanded it to Indonesia last year. Also ...
  • 18
    Aug

    Watch SpaceX attempt a Falcon 9 rocket re-use record with today’s Starlink launch

    SpaceX is set to launch is latest batch of Starlink satellites on Tuesday at 10:31 AM EDT (7:31 AM PDT). This is the 11th of SpaceX Starlink missions so far, and will include 58 of the company’s broadband internet satellites, as well as three of customer Planet’s SkySats spacecraft. This mission is important as SpaceX continues to work towards launching its Starlink service, ...
  • 18
    Aug

    Quell’s resistance-based workout can get you in shape by boxing virtual enemies

    Quell is positioning itself as a kind of low-cost take on Peloton (less than 1/10th the price, it notes). You might too, if you were in the London-based startup’s place. With the stationary bike-maker’s value skyrocketing amid COVID-19 lockdowns, fitness startups are all the rage — heck, just look at Lululemon’s recent Mirror acquisition. A more apt comparison, however, is probably Ring ...
  • 18
    Aug

    Tesla shares rally for no reason

    Tesla shares surpassed $1,800 for the first time today, the latest in an eye-popping run up of the stock that has propelled the company’s valuation to more than $341 billion. Let’s put these numbers in perspective. Tesla,  an automaker that delivered 367,500 vehicles in 2019 and is aiming to exceed the 500,000-mark in 2020, is worth more than the combined market valuations of ...
  • 17
    Aug

    Google warns users in Australia free services are at risk if it’s forced to share ...

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    Google  has fired a lobbying pot-shot at a looming change to the law in Australia that will force it to share ad revenue with local media businesses whose content its platforms monetize — seeking to mobilize its users against “big media”. Last month Australia’s Competition and Consumer Commission (ACCC) published a draft of a mandatory code that seeks to address what it described as ...
  • 17
    Aug

    Indian lawmakers accuse Facebook of political bias

    Facebook  is facing heat in India, its biggest market by users, over a report that claimed the company compromised its hate speech policy to favor the ruling party. Politicians from both Bharatiya Janata Party, which rules the government in India, and opposition Indian National Congress lambasted Facebook for its supposed favoritism to the other and thereby taking a political stand in ...
  • 17
    Aug

    AutoX launches its RoboTaxi service in Shanghai, competing with Didi’s pilot program

    Autonomous vehicle startup AutoX announced the public launch of of its self-driving taxi service in Shanghai today. Called simply RoboTaxi, AutoX’s offering already faces competition from Didi, China’s largest ride-hailing platform, which launched its own robo-taxi pilot program in Shanghai at the end of June. AutoX’s RoboTaxis will first be available in Jiading District, starting with a fleet of 100 vehicles. Rides can ...
  • 14
    Aug

    Facebook users are pretty bad at telling how much time they spend on it

    A lot of studies and discussion of social media use time spent on the platforms as evidence for various theories and conclusions — but it turns out that people are actually super bad at telling how long they spend on them, according to research from Facebook. If you were conducting a study that was looking at how social media use potentially ...