Volkswagen's Cariad unit orders lidar sensors and software from Innoviz, worth around $4B, according to Innoviz's CEO; Innoviz already has a deal with BMW — Volkswagen AG is tapping Israeli lidar company Innoviz Technologies Ltd. to provide laser sensors and software for a push to outfit …
Uber reports Q2 revenue rose 105% YoY to $8.1B, above $7.39B estimates, and a $2.6B net loss; mobility gross bookings rose 57% YoY to $13.4B; stock jumps 10%+ — - Uber reported a net loss of $2.6 billion for the second quarter, $1.7 billion of which was attributed to investments and a revaluation of stakes in Aurora, Grab and Zomato.
An interview with OnlyFans CEO Ami Gan on adapting to the role, addressing safety concerns, embracing adult creators, plans to grow the platform, and more — When Amrapali “Ami” Gan became CEO of OnlyFans in December 2021, she wasn't just stepping into a bigger job than her previous position …
SEC filing: Sheryl Sandberg stepped down as Meta COO on August 1 and will remain a Meta employee through September 30, 2022 — We knew it was happening, but Meta has confirmed that its long-standing chief operating officer (COO) Sheryl Sandberg has departed from her role as of yesterday (August 1).
India generates ~$19B from auctioning airwaves, including for 5G; Reliance Jio spent $11B+ on 24,740 megahertz, followed by Bharti Airtel and Vodafone — India auctioned airwaves worth $19 billion, where billionaire Mukesh Ambani-led Reliance Jio Infocomm Ltd. emerged the top buyer spending …
The US CHIPS Act's financial aid is unlikely to cover all giant projects, meaning the Department of Commerce will face difficult choices in who gets the money — The long wait for legislation to boost the US's position in global semiconductor manufacturing is almost over.
Bolt Mobility, co-founded by Usain Bolt, seems to have ceased operations and vanished from at least five US cities, leaving unusable e-bikes; Bolt raised $40.2M — Bolt Mobility, the Miami-based micromobility startup co-founded by Olympic gold medalist Usain Bolt, appears to have vanished without …
As the market downturn sees some US tech investors and startups hunkering down, others continue as normal; Q2 average investment deal sizes are at record levels — Market correction leaves some startups in crisis as others take employees on vacation — Why a 2022 Recession Would Be Unlike Any Other
Inside China's $16B virtual influencer industry, as motion capture actors complain of hard working conditions powering their avatars four to five hours per day — Hidden behind the perfect faces of China's $16 billion virtual celebrity industry is an angry, overworked labor force.
Cyberattack on Illuminate Education, exposing information on 1M+ students, highlights the dangers of stockpiling sensitive info on millions of school children — At a moment when education technology firms are stockpiling sensitive information on millions of school children, safeguards for student data have broken down.
How Tor is fighting Russia's efforts since December 2021 to block the anonymous browser, such as by using Telegram to share details of volunteer-run Tor bridges — Russia has been trying to block the anonymous browser since December—with mixed results. — For years, the anonymity service Tor …
Ellesheva Kissin / Financial Times : UK accountancy regulator FRC says auditors can't blame AI for audit failures, after it published...
