December 2022

African credit-led fintech Finclusion raises additional capital amidst rebrand

December 7, 2022

African credit-led neobank Finclusion Group has raised an additional $2 million in equity financing as it officially rebrands to Fin, the company said in a statement shared with TechCrunch.  The news follows a January announcement that the fintech, which uses AI algorithms to provide financial services to African customers via an array of credit-centric products, […]

African credit-led fintech Finclusion raises additional capital amidst rebrand by Tage Kene-Okafor originally published on TechCrunch

How US police use counterterrorism money to buy spy tech

December 7, 2022
Grant money meant to help cities prepare for terror attacks is being spent on surveillance technology for US police departments, a new report shows.  It’s been known that federal funding props up police budgets, but the new report, written by the advocacy organizations Action Center on Race and Economy (ACRE), LittleSis, MediaJustice, and the Immigrant…

Making sense of the changes to China’s zero-covid policy

December 7, 2022
China Report is MIT Technology Review’s newsletter about technology developments in China. Sign up to receive it in your inbox every Tuesday. On December 1, 2019, the first known covid-19 patient started showing symptoms in Wuhan. Three years later, China is the last country in the world holding on to strict pandemic control restrictions. However, after days…

Autonomous and electric truck company Einride raises $500M in equity and debt

December 7, 2022

Einride today announced a $500 million tranche of financing as it looks to expand its autonomous and electric trucks into new markets globally. The cash injection constitutes an equity-based $200 million Series C portion from backers including Northzone, EQT Ventures, Temasek, Swedish pension fund AMF, Polar Structure, and Norrsken VC. Additionally, the Swedish company said […]

Autonomous and electric truck company Einride raises $500M in equity and debt by Paul Sawers originally published on TechCrunch

Uber and Motional launch robotaxi service in Las Vegas

December 7, 2022

Uber and Motional, the Hyundai-Aptiv joint venture focused on commercializing self-driving technology, have launched a robotaxi service in Las Vegas — the first step in the companies’ 10-year plan to co-scale across major North American cities, which was announced in October. While Motional has already launched similar services in Las Vegas on both the Lyft […]

Uber and Motional launch robotaxi service in Las Vegas by Rebecca Bellan originally published on TechCrunch

The metaverse fashion stylists are here

December 7, 2022
When I met Jenni Svoboda, she was in the midst of designing a beanie with a melted cupcake top, sprinkles, and doughnuts for ears. “It’s something you’d probably never wear in real life,” she said with a laugh. But Svoboda isn’t designing for the physical world. She’s designing for the metaverse. Svoboda is working in…

The Future is Green and Electric: Naveen Munjal

December 7, 2022
In the current scenario, EVs comprise one to five percent of the total vehicles sold in the country. The growth will be massive and India will take a leap going from one to five per cent to 40 to 50 per cent in the next decade

WhatsApp starts rolling out 3D avatars

December 7, 2022

WhatsApp has started rolling out 3D avatars for its users around the globe that can be used as profile photos or custom stickers — months after their debut on Instagram, Facebook and Messenger. On Wednesday, Meta CEO Mark Zuckerberg wrote on Facebook that avatars are coming to WhatsApp. The announcement follows a months-long beta testing […]

WhatsApp starts rolling out 3D avatars by Jagmeet Singh originally published on TechCrunch