Cleantech & EV'sNews

Michigan-based EV battery startup ONE cuts staff by 25%

November 28, 2023
Michigan-based EV battery startup ONE, Our Next Energy, has cut its workforce by 25% due to market pressures. One of the many players in the race to develop an LFP battery pack on North American soil, ONE is one of the most valuable privately held companies in the US and plans to build a $1.6 billion gigafactory in Michigan. The company, headquartered in Novi, a suburb of Detroit, announced…
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GamingNews

Why Owen Mahoney stepped down after a decade of success as Nexon’s CEO

November 28, 2023
Owen Mahoney joined Nexon in 2010 as CFO, and he oversaw its initial public offering in 2011. He has led the company as president and CEO since 2014. Under his leadership, Nexon delivered consistent growth in revenue and operating income and the most robust pipeline in the company’s history. So why is he stepping down? Nexon announced on November 11 that Mahoney will step down in March 2024 and…
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AI & RoboticsNews

Elon Musk’s xAI will launch ‘Grok’ chatbot this week: Here’s what to expect

November 28, 2023
xAI, the company Elon Musk founded to take on OpenAI and other startups racing in the elusive AI space, is set to launch its first offering ‘Grok’ this week. The billionaire, known for companies like Tesla, SpaceX and Neuralink, has announced that the AI chatbot will be integrated into the X platform (formerly Twitter) as part of an early access program. The company has already opened signups…
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CryptoNews

European Banking Authority Launches New Consultation on Crypto Travel Rule

November 28, 2023
The European Banking Authority (EBA) has recently launched a new consultation process concerning implementing the so-called travel rule for cryptocurrency transactions. The institution is seeking feedback on the defined procedures that crypto assets service providers (CASPs) must complete to collect the needed information to comply with the travel rule, and the actions they must take when getting…
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