June 2023

Five big takeaways from Europe’s AI Act

June 19, 2023
This article is from The Technocrat, MIT Technology Review’s weekly tech policy newsletter about power, politics, and Silicon Valley. To receive it in your inbox every Friday, sign up here. It was a big week in tech policy in Europe with the European Parliament’s vote to approve its draft rules for the AI Act on the same…

Fisker to enter China’s hotly contested EV market with local production plans

June 19, 2023

Fisker, the electric carmaker founded by the Danish auto designer Henrik Fisker, is gearing up to enter the Chinese market where competition is increasingly cut-throat, following in the footsteps of another brave American player Lucid. Fisker plans to open a delivery center in China this year and commence deliveries of the Fisker Ocean SUV, its […]

Fisker to enter China’s hotly contested EV market with local production plans by Rita Liao originally published on TechCrunch

Hackers threaten to leak 80GB of confidential data stolen from Reddit

June 19, 2023

Hackers are threatening to release confidential data stolen from Reddit unless the company pays a ransom demand – and reverses its controversial API price hikes.  In a post on its dark web leak site, the BlackCat ransomware gang, also known as ALPHV, claims to have stolen 80 gigabytes of compressed data from Reddit during a […]

Hackers threaten to leak 80GB of confidential data stolen from Reddit by Carly Page originally published on TechCrunch

Y Combinator-backed Rever aims to modernize refunds and returns

June 19, 2023

Màrius Montmany and Oriol Hernandez i Fajula, former employees at large logistics companies, several years ago found themselves frustrated with the problem of “reverse logistics”  — how to get product returns through the mail system in an efficient and cost-effective way. Dissatisfied with the existing solutions out there, the pair founded Rever — now backed […]

Y Combinator-backed Rever aims to modernize refunds and returns by Kyle Wiggers originally published on TechCrunch

Seedstars, Fondation Botnar launch new fund to back African startups focused on youth wellbeing

June 19, 2023

Seedstars Capital and Swiss philanthropic foundation Fondation Botnar have launched Seedstars Youth Wellbeing Ventures, a $20 million investment mandate targeting early-stage startups in Africa that are focused on improving the wellbeing of people below 30 years in low-and-middle-income countries. The evergreen fund will back pre-seed to Series A startups including those that advance health services, […]

Seedstars, Fondation Botnar launch new fund to back African startups focused on youth wellbeing by Annie Njanja originally published on TechCrunch

Mercedes jumps into the ChatGPT fray and Toyota plays catch-up

June 18, 2023

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. Subscribe for free.  Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point […]

Mercedes jumps into the ChatGPT fray and Toyota plays catch-up by Kirsten Korosec originally published on TechCrunch