One morning in the middle of March, a slow-moving spring blizzard stalled above eastern Nebraska, pounding the state capital of Lincoln with 60-mile-per-hour winds, driving sleet, and up to eight inches of snow. Lincoln Electric System, the local electric utility, has approximately 150,000 customers. By lunchtime, nearly 10% of them were without power. Ice was…
The company’s services portfolio comprises iCloud, Music, Fitness+, Pay, Apple Card, and Apple TV+, and it added 150M subscribers over the past 12 months.
AI may have found a center of gravity in the Bay Area, but we’re seeing a lot of activity elsewhere among those who believe that there is a market opportunity ensuring that the pace of innovation does not only get played out in just one corner of the world. Today, SoftBank put in a bid […]
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. What’s next for China’s digital currency? China’s digital yuan was seemingly born out of a desire to centralize a tech giant-dominated payment system. According to its central bank, the digital currency, also known…
It’s never too early to start planning to sell your business — in fact, some say you should have an exit strategy planned from day one. But before you do, consider these seven things.
As we saw with the collapse of FTX, the Web3 space leaves a lot to be desired in terms of transparent information about companies, fundings, management and a slew of other data that really is commonplace and ‘de rigueur’ in the ‘normal’ tech industry. And there are far too many so-called ‘Web3 analyst’ houses that […]
Get ready for a version of TikTok you’ve never seen before! Without the hyper-sticky, AI-driven ‘For You’ feed… The video sharing platform has announced that TikTok users in the European Union will “soon” be able to switch off its infamously engaging content-selection algorithm as it prepares to comply with the bloc’s updated digital rulebook. The EU’s […]
Chat app Discord has let go of nearly 40 employees (4% of its workforce) as part of company’s restructuring efforts, according to multiple reports. Several Discord former employees posted on Twitter and LinkedIn that they were impacted by the layoffs. The job cuts have affected people in marketing, design, and entertainment partnership teams. The company […]
Fisker, the automotive startup-turned publicly traded company founded by famed automotive designer Henrik Fisker, revealed Thursday night a dizzying array of EV prototypes from a beefy pickup truck with an expandable bed, and grand tourer sports car with up to 600 miles of range to a souped-up, off-road version of its Ocean SUV and the […]