Co-founder and CEO Paul Eremenko called it the start of a “new golden age of aviation” as a Universal Hydrogen-branded jet made its first test flight in eastern Washington using the largest hydrogen fuel cell ever used to power an aircraft. Even though the 15-minute test flight of the modified …
Read More »Renovate is building roof-shingle robots
Roofing isn’t glamorous. It meets the three Ds of automation—dull, dirty, and dangerous—with ease. Some smart roboticists could transform it. It’s always one of the most dangerous construction jobs, but there are a lot of roofs in the world, so everyone who wants one should have one. At launch, Renovate …
Read More »MWC 2023 expectations
Telecom. Network and enterprise will dominate Barcelona’s huge mobile expo more than ever. Next Monday’s event appears to be focusing less on consumers. Mobile World Congress was never a consumer tech expo, but smartphone makers made it a useful launchpad. CES (held in January) is where smart homes, wearables, autos, …
Read More »Mercedes integrates Maps and YouTube with Google
Mercedes-Benz and Google formed a long-term partnership to give the German automaker control over its IP and marketplace while offering drivers navigation, maps, and YouTube. It’s a strange deal that aims to give consumers Google services without giving up control over the car’s operating system. Mercedes-Benz CEO Ola Källenius told …
Read More »India lifts restrictions on some lending apps, including PayU’s LazyPay
According to a person familiar with the situation, India’s IT Ministry has lifted the ban on seven well-known lending apps, including PayU’s LazyPay, Kissht, KreditBee, and Indiabulls Home Loans. This is welcome relief for the fintech sector, which has recently been subject to intense scrutiny. According to a copy of …
Read More »Amazon is in talks to buy MX Player, a major player in Indian video
According to four people with knowledge of the situation, Amazon is in talks with Times Internet to investigate buying MX Player, one of the biggest on-demand video streaming services in India, as the American e-commerce company looks to expand its entertainment ambitions in the important international market. Three sources warned …
Read More »Reddit claims that after a phishing attack, hackers gained access to employee data
A “highly-targeted” phishing attack led to the access of internal documents and source code, according to Reddit. Reddit’s chief technology officer, Christopher Slowe, also known as KeyserSosa, stated in a post that on February 5, the company learned about the “sophisticated” attack aimed at Reddit staff members. According to him, …
Read More »Otonomo, a mobility data company with a 2021 SPAC IPO valuation of $1.4B, was acquired by Urgent.ly as its market cap fell to $70M
Otonomo, a connected automotive company that went public in 2021 and has seen a sharp decline in the value of its stock, recently announced a reverse merger with roadside assistance tech company Urgent.ly. In an all-share merger, Urgently shareholders will receive 67% of the combined company, and Otonomo shareholders will …
Read More »Manu Jain, a Xiaomi executive who founded and expanded their India business, is leaving
Manu Jain, an executive who assisted Xiaomi in establishing and growing its operations in India, has left the company, he announced on Monday, adding his name to a long list of well-known departures from the regional unit, which is steadily losing market share to rivals like Samsung. Jain did not …
Read More »Record-breaking Laser Experiment Crosses University Hallway
Fiber optic cables are used in effective cable communication to send data. The maximum theoretical transmission efficiency of light sent through them is 92 percent. These fibers have drawbacks, but airborne laser signal transmission is incomparable to it. Researchers have been attempting to do the same across the air, though, …
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