Intuitive Machines’ first lunar lander officially lost power today after spending seven days on the moon. The lander made history for being the first American hardware to reach the lunar surface since 1972 and the first privately built spacecraft to land on the moon. But […]
Day: March 1, 2024
Lordstown Motors charged with misleading investors about the sales potential of its EV pickup
The Securities and Exchange Commission has charged bankrupt Lordstown Motors with misleading investors about the sales prospects of its Endurance electric pickup truck. Lordstown has agreed to pay $25.5 million as a result — money that the SEC says will go towards settling a number […]
Embracer to sell Saber, Star Wars: KotR remake dev, for $500M
Embracer Group has plans to sell Saber Interactive, one of its largest subsidiaries, to a group of private investors in a deal worth up to $500 million. This transaction would make Saber privately-owned and independent with around 3,500 employees. Currently, Saber is working on a […]
X enables live video broadcasts in Spacesye
X’s audio chat rooms called Spaces can now broadcast live video, but only for those hosting the session. As The Verge reports, a Dogecoin designer posted an official walkthrough of the feature on the platform formerly known as Twitter. Hosts will now be able to […]
Crypto firm Gemini to pay over $1 billion back to customers in settlement
Illustration by Alex Castro / The Verge The cryptocurrency exchange Gemini has promised to return $1.1 billion to customers as part of a settlement it reached with New York’s Department of Financial Services (NYDFS). Gemini will also have to pay $37 million to the NYDFS […]
Fisker is laying off 15% of staff and says it needs more cash ahead of a “difficult year”
Electric vehicle startup Fisker is planning to lay off 15% of its workforce and says it likely does not have enough cash on hand to survive the next 12 months. The company says it is trying to find a way to raise that money as […]
Mistral AI makes waves with deals across tech giants including Microsoft, IBM
Paris-based startup Mistral AI has rapidly emerged as an AI leader, securing major partnerships with Microsoft, IBM and others just months after being founded. Learn how this fledgling French company is making waves in natural language processing and conversational AI.