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. The curious case of the disappearing Lamborghinis Across the world, unsuspecting people are unwittingly becoming caught up in a new and growing type of organized criminal enterprise: vehicle transport fraud and theft. Crooks…
As the buy now, pay later (BNPL) market continues on its slow decline, one of the major players, Splitit, is embarking on an effort to reorganize and pivot. Splitit today announced that it has a $60 million “capital commitment” from strategic investors including Thorney Investment Group, Parea Capital and Motive Partners. Bringing the startup’s total […]
You’ve surely seen all of those videos of robots opening and walking through doors. The dirty little secret is that most or all of them involved a good bit of human hand holding. That can come in the form of manual remote guidance wherein a user remotely controls the process in real-time or a guided […]
Vietnamese EV maker VinFast’s debut Tuesday on the Nasdaq public exchange was nothing short of remarkable. The automaker, which went public via a merger with special purpose acquisition company Black Spade Acquisition, saw shares catapult 68% to close at $37.06 — giving it a valuation of $86 billion, a figure far above Ford, GM and […]
The owner of San Francisco luxury department store Gumps took out a full-page ad in “The San Francisco Chronicle” to express concern over the city’s current state and call on city officials to clean up the streets.