Tesla is recalling all 3,878 Cybertrucks that it has shipped to date, due to a problem where the accelerator pedal can get stuck, putting drivers at risk of a crash, according to the National Highway Traffic Safety Administration. The recall caps a tumultuous week for Tesla. The company laid off more than 10% of its […]
CRED has received the in-principle approval for payment aggregator license in a boost to the Indian fintech startup that could help it better serve its customers and launch new products and experiment with ideas faster. The Bengaluru-headquartered startup, valued at $6.4 billion, received the in-principle approval from the Reserve Bank of India for the payment […]
Artificial intelligence has been in the crosshairs of governments concerned about how it might be misused for fraud, disinformation and other malicious online activity; now in the U.K. a regulator is preparing to explore how AI is used in the fight against some of the same, specifically as it relates to content harmful to children. […]
Generative AI models are increasingly being brought to healthcare settings — in some cases prematurely, perhaps. Early adopters believe that they’ll unlock increased efficiency while revealing insights that’d otherwise be missed. Critics, meanwhile, point out that these models have flaws and biases that could contribute to worse health outcomes. But is there a quantitative way […]
Much has been (and will continue to be) written about automation’s impact on the jobs market. In the short term, many employers have complained of an inability to fill roles and retain workers, further accelerating robotic adoption. The long-term impact these sorts of sweeping changes will have on the job market going forward remains to […]
Ibotta began it’s path as a public company on Thursday by opening at $117 per share, a big increase from its IPO price of $88, itself an increase from its proposed range of $76 to $84 per share. And this pop is despite boosting the size of its offering earlier in the week, with existing shareholders […]
Consolidation continues apace in the world of security. Sources tell us that Lacework — a cloud security startup that was valued at $8.3 billion post-money in its last funding round — is in talks to be acquired by another security player, Wiz, for a price of just $150 million – $200 million. Sources close to […]
A financially motivated criminal hacking group says it has stolen a confidential database containing millions of records that companies use for screening potential customers for links to sanctions and financial crime. The hackers, which call themselves GhostR, said they stole 5.3 million records from the World-Check screening database in March and are threatening to publish […]
Apple finally updated its App Store guidelines to allow global developers to host retro game emulators on iOS. Now, you don’t need to jailbreak your iPhone or download any sketchy software — you can get a sophisticated emulator right in the palm of your hand for free on the App Store. No one is more […]
AT&T’s recent mega customer data breach — 74 million accounts affected — laid bare how much data carriers have on their users, and also that the data is there for the hacking. On Thursday, a startup called Cape — based out of Washington, D.C., and founded by a former executive from Palantir — is announcing […]