Demand for electric vehicles (EVs) helped drive record sales for South Korean automakers Hyundai and Kia in the United States last month, as EV adoption continues to grow and Tesla’s dominance of the market slips. Hyundai Motor America had “terrific” sales in November, especially for its lineup of “eco-friendly vehicles,” the company’s CEO Randy Parker…
Sam Bankman-Fried Says FTX US Users Will Get 100 Percent of Their Money Back
December 1, 2022
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Bankruptcy filingsBusiness & MarketsCompaniescrypto exchangeCrypto Exchange FTXcrypto fraudcryptocurrencyMarketsSam Bankman-FriedTechTech NewsUS
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Sam Bankman-Fried, the former CEO of the bankrupt crypto exchange FTX, has dismissed the notion that users of the platform will not recover anything substantial from the collapsed firm. In an interview with YouTube commentator Tiffany Fong, Bankman-Fried said that FTX U.S. will get “a dollar on the dollar” and that international users can expect…
Musk Meets Apple’s Tim Cook, Gives Critical Update on App Store Twitter Ban ‘Misunderstanding’
December 1, 2022
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App StoreBusiness & MarketsCompaniesElon MuskMedia & Big TechSocial MediaTechTech NewsTwitterUSUS News
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Tesla CEO Elon Musk said he met with Apple CEO Tim Cook and the two resolved the issue of Twitter potentially being cut from Apple’s App Store, which Musk had earlier identified as a threat facing the social media giant. Musk said in a post on Twitter late Wednesday that he and Cook had a “good…
Elon Musk’s Brain Implant Startup Neuralink Holds ‘Show and Tell’ Recruitment Drive
Elon Musk’s neurotechnology company Neuralink hosted a “show and tell” on Wednesday aimed at recruiting new talent. The event was held at 9 p.m. ET after previously being delayed, and live-streamed on YouTube. It featured a demonstration of a monkey operating a virtual keyboard as the firm showcased its technology. In the description box of…
Russian Hackers Who attacked Australia’s Largest Medical Insurer Release Massive 6.5 Gigabytes of Stolen Data
The Russian cybercriminals that stole personal data from nearly 10 million Australians have released the single largest data dump to date, announcing it was “case closed” for the Medibank hacking saga. Six zipped folders, with around 6.5 gigabytes of raw data in a folder called “full” was published by the hacking group on Thursday. A…
Bosch, Mercedes-Benz to Roll out Fully-Automated Parking at Stuttgart Airport
BERLIN—Bosch, and Mercedes-Benz have received approval for a fully automated self-parking software which enables cars to drive themselves into a pre-booked parking spot at a Stuttgart Airport parking lot and back out again, Bosch said on Wednesday. The software relies on communication with sensors in the parking location to detect obstacles in its path, and…
AI Chatbot Goes Online to Fight Sextortion
One in three Australians experience image-based sexual abuse, but many don’t know where to go for help. However, researchers from the Royal Melbourne Institute of Technology have developed a world-first artificial intelligence chatbot, Umibot, which they hope will encourage victims to report incidents of image-based abuse and find support. At present, image-based abuse has spiralled…
Ending Twitter’s Era as the ‘Online Debate Moderator’
November 30, 2022
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Australiachild exploitationclimate changeCOVID vaccineElon MuskInternationalOpinionSocial MediaTechTwittervaccine adverse reactionsViewpointsWorld
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Commentary Since Elon Musk’s Twitter revolution, two curious things have happened. Pharmaceutical giants Pfizer and AstraZeneca have suspended their advertising budgets with the social media platform. They did so alongside other major brands after a “social justice” attack was launched by the usual activists determined to bankrupt Twitter. It’s become commonplace for activist pressure groups…
Apple ‘Serving as Vassal for CCP’ Amid Anti-Authoritarian Protests, DeSantis Says
November 30, 2022
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Business & MarketsCCPChinaChina Business & EconomyChina Human RightsChinese RegimeCompaniesCOVID-19 protestsFinance & Business TiesFloridaInternational RelationsLocal NewsMedia & Big TechRegional-Local Newssocial controlSpecial TopicsTechUSUS News
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Amid intense and often chaotic protests in China over the regime’s authoritarian and punitive COVID-19 policies, California-based Apple Inc. is facing criticism for enforcing policies that make it harder for Chinese citizens to use certain Apple products to talk, text, and share content. Florida’s Gov. Ron DeSantis, who recently won reelection in his home state…
America’s EV Boom Continues With Hyundai and SK On Battery Deal
November 30, 2022
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Business & MarketsCompanieselectric vehicleelectric vehicle batteriesenergyHyundaiInflation Reduction ActJoe BidenKiaMarketsSK GroupSK InnovationTech
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A South Korean battery maker will supply electric vehicle (EV) batteries to Hyundai Motor Group’s manufacturing plants in the United States, as government incentives and the auto industry’s move to electrify its car fleets continue to fuel EV-related investment. SK On, part of Seoul-based SK Group, and Hyundai announced the partnership on Nov. 30, saying…
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