Technology

Honda says VR is changing how it designs cars. You might not notice.

December 13, 2022

Honda is pulling away from a design practice that’s (literally) shaped auto making since the ’30s. The $43 billion company still depends on life-size clay models to evaluate its designs, a tried and true method pioneered by GM designer Harley Earl. But Honda is gradually relying less on the practice, ever since the Coronavirus tore […]

Honda says VR is changing how it designs cars. You might not notice. by Harri Weber originally published on TechCrunch

Ransomware gang caught using Microsoft-approved drivers to hack targets

December 13, 2022

Security researchers say they have evidence that threat actors affiliated with the Cuba ransomware gang used malicious hardware drivers certified by Microsoft during an recent attempted ransomware attack. Drivers — the software that allows operating systems and apps to access and communicate with hardware devices — require highly privileged access to the operating system and […]

Ransomware gang caught using Microsoft-approved drivers to hack targets by Carly Page originally published on TechCrunch

Geely’s electric car brand Zeekr files US IPO confidentially

December 13, 2022

Zeekr, the premium electric car brand under China’s Geely, said Tuesday it has confidentially filed for a U.S. initial public offering. If it goes through, it’ll be the first major Chinese listing in the country in nearly two years, following China’s effective ban of foreign IPOs. Zeekr filed last week with regulators, but didn’t provide […]

Geely’s electric car brand Zeekr files US IPO confidentially by Rebecca Bellan originally published on TechCrunch

What fusion’s breakthrough means for clean energy

December 13, 2022
After many decades of trying, scientists have reached a milestone in fusion research, finally running a reaction that created more energy than what was put in to start it. US Energy Secretary Jennifer Granholm announced today that researchers at the National Ignition Facility at Lawrence Livermore National Laboratory achieved what’s known as net energy gain,…

Instagram now supports text updates with launch of Notes, adds other new sharing features

December 13, 2022

Amid backlash over the intrusion of algorithmic, recommended content into Instagram’s feed, Instagram today introduced a number of new features designed to make it easier for users to keep up with their real-world friends. The company is now rolling out several significant changes, including most notably an addition called Notes — a feature Meta had […]

Instagram now supports text updates with launch of Notes, adds other new sharing features by Sarah Perez originally published on TechCrunch

Mexican regulators are fining Ticketmaster after Bad Bunny concert fiasco

December 13, 2022

Ticketmaster has now enraged the passionate fans of two of the world’s biggest acts: Taylor Swift and Bad Bunny. Last weekend in Mexico City, the Puerto Rican rapper performed two sold-out shows at the 85,000-seat Azteca Stadium, but over a thousand fans who purchased tickets via Ticketmaster were turned away. Ticketmaster issued a statement saying […]

Mexican regulators are fining Ticketmaster after Bad Bunny concert fiasco by Amanda Silberling originally published on TechCrunch

India’s Paytm to buy back shares

December 13, 2022

Paytm will spend up to $127 million to repurchase it shares, the company’s board approved on Tuesday, as the Indian financial services firm looks to calm investors after a tumultuous period that has wiped about 60% value from its shares this year. The Noida-headquartered firm, which went public late last year, made the proposal last […]

India’s Paytm to buy back shares by Manish Singh originally published on TechCrunch

Common Fate wants to make it easier to manage privileged access for developers

December 13, 2022

Privileged access management (aka PAM) provides the ability to control access to sensitive parts of your technology environment. Rather than giving everyone access to these resources (or conversely, no one), you should be able to apply permissions granularly. But it is challenging without the right tools. Common Fate, an Australian startup from a couple of […]

Common Fate wants to make it easier to manage privileged access for developers by Ron Miller originally published on TechCrunch

Foundamental closes $85M fund for early-stage construction tech startups

December 13, 2022

The trillion-dollar construction industry is often tarred with the inefficiency brush, accused of failing to move with the times and ignoring digitization in favor of legacy tools. But there is plenty of evidence that things are changing, with countless startups raising large sums of cash to help the construction industry modernize. Venture capital (VC) funding in […]

Foundamental closes $85M fund for early-stage construction tech startups by Paul Sawers originally published on TechCrunch