October 2023

Web Summit names ex-Wikimedia CEO, Katherine Maher, to take over in wake of Cosgrave controversy

October 30, 2023

Web Summit has named a new CEO: Katherine Maher — previously CEO and executive director of the Wikimedia Foundation (between 2019 and 2021). Maher is also chair of the board of the foundation behind the private messaging app, Signal; and holds various other board and fellowship positions — including on the Atlantic Council and the Truman […]

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Cruise hits the brakes on driverless, UAW makes progress and more EV backpedaling

October 30, 2023

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive 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 A to Point B. […]

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Korean Investment Partners is the latest Korean VC firm to launch a Southeast Asia fund

October 29, 2023

More South Korean investors are putting money into Southeast Korea startups, creating an “investment corridor” between the two regions. The latest one is KIPSEA. Short for Korean Investment Partners Southeast Asia, KIPSEA has a Singapore-based team and just announced its first fund close of $60 million. Limited partners come from South Korea, Hong Kong and […]

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Layoffs at VW’s Cariad further delay software launch in Porsche, Audi models

October 29, 2023

Volkswagen’s software unit Cariad will delay the launch of its new software architecture yet again as it deals with a large round of layoffs. Just three years after VW created Cariad, and only six months after an executive shakeup, the unit has planned to cut 2,000 jobs, German publication Manager Magazin reported over the weekend. […]

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Posts with misinformation on X become ‘ineligible for revenue share’ says Musk

October 29, 2023

X posts that are corrected by Community Notes, the platform’s crowd-sourced fact-checking system, will become “ineligible for revenue share,” Elon Musk said Sunday. “The idea is to maximize the incentive for accuracy over sensationalism,” he wrote. The billionaire executive also noted that any attempts to “weaponize Community Notes to demonetize people will be immediately obvious, […]

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Joy Buolamwini: “We’re giving AI companies a free pass”

October 29, 2023
Joy Buolamwini, the renowned AI researcher and activist, appears on the Zoom screen from home in Boston, wearing her signature thick-rimmed glasses.  As an MIT grad, she seems genuinely interested in seeing old covers of MIT Technology Review that hang in our London office. An edition of the magazine from 1961 asks: “Will your son…

US automakers need to make up their minds already

October 29, 2023

Ford and GM are hedging their bets on EVs. In times of transition, that can be a terrible way to run a business.

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