Month: July 2021
Lucid Motors goes public, collects $4.5 billion
Electric vehicle startup Lucid Motors is now a publicly traded company, following the completion of a merger where it fetched an eye-watering $4.5 billion in fresh capital. Shares of the Saudi-owned, California-based startup began trading on the Nasdaq stock exchange Monday morning. Lucid Motors will now turn its full attention…
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Toyota is quietly pushing Congress to slow the shift to electric vehicles
The US is slowing moving toward adopting policies that would put more electric vehicles on the road, but for Toyota, it’s not slow enough. The Japanese automaker, which is the largest car company in the world, has been quietly lobbying policymakers in Washington, DC to resist the urge to transition…
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Why every robot needs a spiffy hat
First developed more than 100,000 years ago, clothing is one of humanity’s earliest — and most culturally significant — inventions, providing wearers not just protection from the environment and elements but also signifying social status, membership in a community and their role within that group. As robots increasingly move out…
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Solarisbank raises $224M at a $1.65B valuation to acquire Contis and expand its API-based embedded banking tech in Europe
Embedded finance — the process by which some of the more complicated, but also commoditized, aspects of financial services are built and wrapped in an API for anyone else to implement in their own products for end users — has become a huge cornerstone of how fintech is built today.…
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Want an Android phone with MagSafe? Realme might have what you need iPhone 12
The iPhone 12 series debuted with MagSafe, Apple’s magnetic clip-on accessory solution for wireless chargers, accessories and more, and while the feature didn’t set the world on fire as much as some Apple fans expected, an Android phone might soon embrace something similar. Realme recently teased an upcoming handset, the…
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8K TVs have basically tripled in number this year Samsung QN700A
8K TVs are having a moment, it seems. The 8K Association – a body dedicated to the promotion and standardisation of 8K resolution screens – has now certified over seventy 8K TVs, with the vast majority of them having been launched only this year. With 50 of those screens having…
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