Hello and happy Friday! I’m glad to be back with the juicy morsels of news goodness for you today. As Haje is busy with robotics technology, it’s just me and my trusty Lakeland Terrier companion delivering the top stories.
Data Protection Woes: Meta May Face Suspension
Meta, Facebook’s parent company, may face a suspension due to data protection woes in Europe. Natasha L writes that the company has managed to avoid being shut down but is facing increasing scrutiny from regulators.
Wealth Technology Firm Farther Raises $15 Million in Funding
Farther, a wealth technology firm, has raised $15 million in funding. The company aims to provide financial planning and investment services to individuals and institutions. This development marks an exciting trend in the fintech space.
Rivian’s Q2 Earnings: 3 Things to Watch For
Jaclyn shifts into gear with the latest on Rivian’s Q2 earnings, highlighting three key areas to watch for. The electric vehicle maker is expected to report on its production and sales figures, as well as any updates on its partnerships and expansion plans.
Xiaomi’s New Humanoid Robot: A Step Towards a Futuristic Future
Brian and Ivan bring us news of Xiaomi’s new humanoid robot, which has sparked both excitement and concern about the future of robotics. The robot is designed to assist with tasks such as cooking and cleaning, but raises questions about its potential impact on employment.
Amazon Fined in Spain Over Labor Law Breaches
Natasha L reports that Amazon is facing fines in Spain over labor law breaches. The company has been accused of violating regulations related to worker safety and compensation.
Apple Invests in Original Podcasts Turned into Apple TV+ Shows
Amanda reports that Apple is investing in original podcasts that will be turned into Apple TV+ shows. This move marks a new direction for the consumer products giant, which aims to expand its presence in the streaming market.
Arrival Slashes Production from 400 Vans to Just 20
Jaclyn writes that commercial electric vehicle maker Arrival has slashed production from 400 vans to just 20. The company is facing financial struggles and is seeking to cut costs and improve efficiency.
Meta Tests End-to-End Encryption Feature for Messenger Chats
Ivan reports that Meta is testing an end-to-end encryption feature for individual Messenger chats. This move aims to enhance user security and protect against data breaches.
ICYMI: Recalls, Disney+, and Electric Vehicles
Rebecca wrote about Ralph Nader asking the NHTSA to recall Tesla’s FSD due to safety concerns. Aisha had two Disney items, one on the company reaching 152.1 million subscribers, and another on Disney+ raising the price of an ad-free subscription.
FAA Diverts Flights Due to SpaceX Starship Explosion
Sean O’Kane reports that the FAA had to divert flights due to a SpaceX Starship explosion in Texas. The incident raises questions about safety protocols and emergency response procedures.
Related News
- Despite VCs investing $75B in Q4, it’s still hard for startups to raise money, data proves (Marina Temkin)
- Failed fintech startup Bench racked up over $65 million in debt, documents reveal (Charles Rollet)
- Apple pauses AI notification summaries for news after generating false alerts (Aisha Malik)
Stay tuned for more updates on these and other exciting stories in the tech world.
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