Facebook Derails Deception Campaign Ahead of US Presidential Election

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Net Neutrality: US FCC Votes to Maintain 2017 Repeal of Rules

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Cyperpunk 2077 Delayed by 21 Days to December 10

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OnePlus Watch Launch Postponed Indefinitely, Tipster Claims

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FIFA 21 PS5, Xbox Series S/X Release Date Announced

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Apple Buys Self-Learning AI Video Firm That Can Help Improve Its Apps

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Harley-Davidson is getting into the electric bicycle business

Harley-Davidson has spun out a new business dedicated to electric bicycles and plans to bring its first line of products to market in spring 2021.

The new business called Serial 1 Cycle Company started as a project within the motorcycle manufacturer’s product development center. The name comes from “Serial Number One,” the nickname for Harley-Davidson’s oldest known motorcycle.

The pedal assist electric bicycle company is being launched amid a booming ebike industry fueled by growing demand in the wake of the COVID-19 pandemic. The global eBicycle market was estimated to be over $15 billion in 2019 and projected to grow at an annual rate of more than 6% from 2020 to 2025, according to Harley-Davidson.

The new Harley-Davidson brand Serial 1 didn’t provide performance details or other specs of its new line of electric bike products. However, the company did release several photos of its first model.

Image Credits: Harley-Davidson

The new business launch also comes at a critical time for the Milwaukee-based motorcycle manufacturer, which has seen its sales slow as its core customer base ages out of its motorcycles.

In July, Harley-Davidson cut 700 jobs from its global operations as part of an internally branded restructuring plan called “The Rewire.” The plan, which Harley-Davidson chairman, president and CEO Jochen Zeitz first spoke about in the company’s first-quarter earnings call back in April, followed the launch of the company’s first production electric motorcycle the Livewire.

“The formation of Serial 1 allows Harley-Davidson to play a key role in this mobility revolution while allowing Serial 1 to focus exclusively on the eBicycle customer and deliver an unmatched riding experience rooted in freedom and adventure,” Aaron Frank, the new company’s brand director said in a statement.

Harley-Davidson said Jason Huntsman is president of Serial 1 Cycle. The rest of the executive team includes Ben Lund, who is vice president of product development and Hannah Altenburg as lead brand marketing specialist.

Facebook, Google, Twitter CEOs to Defend Key Law in Front of US Senate Panel

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Microsoft Earnings Continue to Soar Due to Increased Demand for Cloud

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TikTok Partners With Shopify to Move Into E-Commerce Space

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HSSC Result 2020 – Jr Software Developer & Divisional Accountant Exam Result Released

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BSSC Exam Date 2020 – 1st Inter Level CCE Revised Mains Exam Date Announced

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BSSC 2020 – Urdu Anuwadak Exam Date Postponed

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Watch Facebook, Google, and Twitter’s CEOs defend the law that created social media to Congress

The CEOs of Twitter, Facebook and Google will appear before the Senate Commerce Committee on Wednesday in big tech’s latest showdown with Congress.

The Senate hearing will have a narrower, more policy-centric scope than other recent high profile tech hearings, focusing specifically on Section 230 of the Communications Decency Act. That short law might sound obscure, but it’s the key legal shield that protects internet companies from liability for the user-generated content they host, from Facebook posts and tweets to Yelp reviews and comments sections.

Recent big tech hearings have meandered, seldom forcing the leaders of some of the world’s most powerful companies into revealing much. But the cumulative pressure of federal antitrust action, a high-stakes election less than a week away and a number of legislative proposals that could dismantle the law that made their businesses possible will likely set a different tone — and hopefully offer more substance.

You can follow a livestream of the hearing here (above) starting at 10:00 AM ET on Wednesday, October 28. We’ll be following the testimony and all things Section 230, so check back for our coverage of the day’s key takeaways.

The consequences of indecency

JPMorgan says its digital token JPM Coin is now live for commercial use, as the bank launches new business unit Onyx for its blockchain and crypto efforts (Hugh Son/CNBC)

Hugh Son / CNBC:
JPMorgan says its digital token JPM Coin is now live for commercial use, as the bank launches new business unit Onyx for its blockchain and crypto efforts  —  - JPMorgan Chase said its digital currency, JPM Coin, is being used commercially for the first time this week by a large technology client to send payments around the world.