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In a blow to the autonomous trucking industry, the California Senate passed a bill Monday that requires a trained human safety operator to be present any time a self-driving, heavy-duty vehicle operates on public roads in the state. In effect, the bill bans driverless AV trucks. AB 316, which passed the senate floor with 36 […]

Lime, the startup with shared e-scooters and e-bikes in 280 cities around the world, has been talking about going public for years. Now, Lime CEO Wayne Ting says the economic stars are finally aligning to actually make it happen. The public markets have been in the doldrums for nearly two years amid higher inflation, rising […]

Indian consumers, traditionally seen as price-conscious, are showing a growing appetite for premium items across a range of sectors, from real estate to smartphones and luxury hotels. The trend, documented by AllianceBernstein analysts in a note to clients this week, signals a shift in the spending habits in the world’s most populated nation that has […]

FunNow, the Taiwan-based app that lets users book activities on-demand in five Asian countries, is growing its reach in Southeast Asia through a merger with restaurant booking app Eatigo. Terms of the deal were undisclosed, but FunNow CEO TK Chen says it is the largest post-COVID O2O M&A deal in Southeast Asia. As part of […]

The show is set to begin airing Season 4 on September 18.

Generative AI presents a wealth of opportunities for small enterprises across diverse industries.

In this issue: Musk says Starship is “ready to launch,” FAA says not yet; news from SpaceX; and more

Venture funding for battery recycling startups is popping off lately, and the latest to see the IRA-driven upside is Ascend Elements, which announced a massive $542 million in Series D funding on top of $480 million in earlier DoE grants. The eight-year-old company recycles lithium batteries into black mass and produces cathode active materials (CAM) […]

Tax evasion cases had previously overwhelmed the agency. Now, the IRS is using AI to fight it.

As part of the v57 software update for Meta Quest headsets, the company announced Monday a bevy of new features– including more avatar customization options, an unsend message feature, group links, free-form locomotion ability in Horizon Home and a rebranded Explore feed. Meta also made improvements to video recording, multitasking and more. Starting today, the […]