Monthly Archives: February 2023

ByteDance’s Slack-like tool generated $100M in 2022

Feishu, ByteDance’s workplace collaboration app, surpassed $100 million in annual recurring revenue last year, Xie Xin, the chief executive of Feishu, told staff Thursday, according to a person familiar with the matter. In late 2021, the workplace tool became one … Continue reading

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US regulator charges cryptocrash boss Do Kwon with fraud

Terraform Labs founder Do Kwon has been accused of “orchestrating a multi-billion dollar crypto” scheme.

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Tesla accused of firing workers over union campaign

Labour organisers say the firings of more than 30 staff were illegal retaliation.

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Bao Fan: Billionaire tech banker in China reported missing

Bao Fan’s company China Renaissance says they’ve not been able to make contact with their chairman.

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The entire fintech industry is not in distress – here’s who is hiring

With so many fintechs laying off staff, it can be easy to assume that the entire industry is in distress. But that’s not the case. In fact, some companies are finding opportunity in the masses of layoffs. Rex Salisbury, founding … Continue reading

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Singapore-based Transcelestial uses lasers to build affordable internet networks

Transcelestial team members installing CENTAURI device on a building Transcelestial is on a mission to make the internet more accessible by building a network of shoebox-sized devices that send lasers to one another, creating a fiber-like network. Today, the Singaporean-based … Continue reading

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Tesla’s Recall of Full Self-Driving Targets a ‘Fundamental’ Flaw

More than 360,000 vehicles will receive an over-the-air update after the US government said that Autopilot can be dangerous in some driving situations.

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Tesla recalls 363,000 cars over self-driving software

US safety officials say the system allows cars to act “unsafe” around intersections.

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Toyota Research Institute’s robots leave home

“I think I’m probably just as guilty as everybody else,” Toyota Research Institute’s (TRI) senior vice president of robotics, Max Bajracharya, admits. “It’s like, now our GPUs are better. Oh, we got machine learning and now you know we can … Continue reading

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Pass the grass: How Plantd aims to decarbonize new buildings

No matter how you slice it, buildings are serious climate change drivers. Every component of the so-called built environment — from off-site materials production and construction to electricity and maintenance — comes at a steep environmental cost. The sector is … Continue reading

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