Faraday Future survives long enough to issue its first recall

March 8, 2024

Troubled EV startup Faraday Future has issued its first recall, covering all 11 vehicles it built last year, as it fights to hold onto its Los Angeles headquarters. The recall centers around a problem with the warning light for the airbags in Faraday Future’s FF91 SUV. The company apparently discovered that an error in the […]

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MSFT vs. ADBE – Buy, Hold, or Sell in March

March 8, 2024
Driven by digitization and ongoing technical advancements, the software industry is poised for substantial expansion. In light of this, is it wise to invest in software stocks Microsoft Corporation (MSFT)…

Worldcoin says it’s filing legal challenge to Spain’s temporary ban

March 8, 2024

A German subsidiary involved in Sam Altman’s controvercial crypto blockchain digital identity business, Worldcoin, was reported Friday to have filed a legal challenge against a suspension order from Spain’s data protection authority. Earlier this week it emerged that the Spanish authority, the AEPD, had instructed Worldcoin to temporarily stop scanning people’s eyeballs or further processing […]

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Baron values Swiggy at $12.16B, above prior private market valuation

March 8, 2024

Baron Capital, an investor in Indian food delivery startup Swiggy, has increased the value of its stake in the Indian firm, implying a valuation of $12.16 billion, surpassing the $10.7 billion post-money valuation at which Swiggy secured funding in early 2022. New York-based Baron Capital disclosed in new fillings that it has marked up the […]

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X allows Premium+ users and organizations to publish articles

March 8, 2024

X announced a new long-form post format called Articles today. The feature, which is only available to Premium+ subscribers and verified organizations, lets users publish posts with text formatting, other X posts, and embedded videos and images — akin to a post on a WordPress-like content management system or an article on Medium. https://t.co/dlJ6rIEONa — […]

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A plan to bring down drug prices could threaten America’s technology boom

March 8, 2024
Forty years ago, Kendall Square in Cambridge, Massachusetts, was full of deserted warehouses and dying low-tech factories. Today, it is arguably the center of the global biotech industry.  During my 30 years in MIT’s Technology Licensing Office, I witnessed this transformation firsthand, and I know it was no accident. Much of it was the direct…