LAND, a Cleveland-based electric motorcycle maker and battery technology company, recently wrapped up a successful Series A financing round, surpassing their fundraising goal by over US $1 million. Following this success and having closed an oversubscribed seed round, the firm is now gearing up to introduce a $15 million convertible note, aiming to drive further expansion.
LAND CEO and founder…
Tesla has started Powerwall 3 installations despite not officially unveiling the product yet. The first installations confirm Electrek‘s first exclusive reports, but we are still missing details.
In April, Electrek reported that Tesla was preparing to launch the…
Greenworks unveils new e-bikes, go-karts, and e-UTV that run on power tool batteries
September 8, 2023
Earlier this year we saw a teaser from Greenworks that showed off a few transportation vehicles that could be powered by the company’s power tool batteries. Now we’re getting our first look at several of those new models from the electric power tool maker, including…
Visa’s report makes a case for outsmarting payment fraud with AI now
September 8, 2023
Payment fraud soared to record levels in early 2023, and in response, e-commerce, retailing, and mass merchants rely more on AI-based fraud prevention systems to outsmart attackers.
Visa’s Biannual Threats Report published today found that nearly 460 ransomware attacks worldwide happened in March 2023 alone, a staggering 91% increase over February, and 62% higher compared to the same period in…
SAP acquires LeanIX to focus on AI-assisted IT modernization
September 8, 2023
ERP leader SAP today announced the decision to acquire LeanIX, a German startup that provides enterprises with a clear picture of their entire software usage, covering everything from what they’ve bought, licensed, and built, to what they plan to add in the future.
While…
Ethereum Foundation Issues 18 Grants for Account Abstraction Initiatives – News Bitcoin News
September 8, 2023
The Ethereum Foundation has announced the completion of its grants program to finance projects related to implementing ERC-4337, the account abstraction standard. 18 projects were selected to be part of this batch of grants, which feature different functionalities, including…
Coinbase Launches Crypto Lending Service for Institutional Investors – Exchanges Bitcoin News
September 8, 2023
Digital asset exchange Coinbase will be offering cryptocurrency loans to institutions in the United States. With the new service, the leading U.S. crypto trading platform seeks to fill the market gap opened by the collapse of companies like Celsius, Genesis, and Blockfi.
Crypto Exchange Coinbase Starts Offering Crypto Loans to Institutions
Cryptocurrency exchange Coinbase has launched a crypto…
See what a Tesla Cybertruck looks like after crashing into a ditch
September 8, 2023
Tesla is conducting testing on its upcoming Cybertruck, and a video was posted today showing the aftermath of of a “ditch rollover” crash test, including a look at the rear seat and included 8-inch screen, like on the Model S/X and refreshed Model 3.
We’re getting…
Quick Charge Podcast: September 7, 2023
September 8, 2023
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players.
New episodes of Quick Charge are recorded Monday through Thursday and again on…
Lotus unveils all-electric Emeya: Its first 4-door hyper-GT that goes 0-100km/h under 2.8 secs
September 8, 2023
During an event in New York City this evening, Lotus Cars has officially unveiled its next all-electric model, a hyper GT called the Emeya. In addition to debuting as Lotus’ second-ever BEV, the Emeya is also the automaker’s first 4-door hyper-GT and is some boasting some impressive specs out of the gate.
Lotus Cars is a UK-based automaker owned by Geely who assists in the brand’s BEV…