In a not entirely unforeseen turn of events, Dutch electric bike brand VanMoof has just found a buyer to scoop up the bankrupt e-bike maker. McClaren Applied’s scooter brand Lavoie purchased the company and looks set to try and roll it into its micromobility portfolio.
To refresh your memory, VanMoof recently took a glossy tailspin into financial peril, ultimately ending in the Dutch…
Super73: Meet the e-bike company that squares love to hate
August 31, 2023
Anyone that’s into e-bikes is almost certainly already aware of Super73. And if you aren’t into e-bikes, then you’ve probably at least seen some Super73s riding around your town. They’re the admittedly motorcycle-looking electric bikes that haven proven extremely…
Tesla is under federal investigation over company resources being used to build Elon Musk a house
August 31, 2023
Tesla is now under federal investigation by the DOJ over potentially using company resources to build a mansion for Elon Musk.
This story first emerged last year.
It was reported that Tesla was conducting an internal investigation about misappropriating company…
HP’s Pavilion Plus lineup offers some of the best mid-range laptop models out there, thanks to features like 16:10 displays with slim bezels, good keyboards/touchpads and solid specs. Now, the company has released its first 16-inch model, the HP Pavilion Plus 16, offering a 16.5-inch 120Hz 2.5K display, along with the latest Intel Core i7 processors — and starting at $1,000. HP also…
Swiss SEBA Bank Obtains In-Principle Approval to Offer Crypto Services in Hong Kong – Finance Bitcoin News
August 31, 2023
Switzerland-based crypto-friendly SEBA Bank announced it has received an approval-in-principle to operate in Hong Kong. The regulatory nod brings the Swiss bank’s local entity closer to becoming a licensed provider of various services for crypto assets in the Chinese…
South African Crypto Premium Surge After Kraken Abruptly Starts Blocking Deposits by Local Residents – Africa Bitcoin News
August 31, 2023
The premium on crypto assets listed on South African exchanges briefly surged to 3.5% after Kraken’s abruptly started blocking deposits from users based in the African country. Some South African crypto experts have linked Kraken’s decision to the Financial Action Task…
Cryptocurrency exchange Binance said it continues to provide services to residents of Belgium through its Polish entity. The announcement comes two months after the crypto trading company was ordered by the Belgian financial regulator to cease all crypto services in the country.
Binance Offers Belgian Clients to Trade on Its Polish Platform
Belgian customers of Binance, the world’s largest…
Tel Aviv, Israel-based large language model (LLM) leader AI21 Labs confirmed with VentureBeat that it has has closed $155 million in series C funding to accelerate the growth of its text-based generative AI services for enterprises. The company is now valued at $1.4 billion.
Niantic rolls out GenAI tools for 8th Wall developers
August 31, 2023
Niantic announced this week that it is introducing new generative AI developer tools to its 8th Wall platform. More specifically, it’s adding GenAI modules to 8th Wall that make it easier for developers to streamline their processes. Devs can use these tools to incorporate…
Report: Tether Pivots to Bahamas' Britannia Bank Amid US Banking Strains – Bitcoin News
August 31, 2023
In a recent report released on Tuesday, undisclosed sources detailed that the firm behind the top stablecoin in market cap, tether (USDT), is now banking with Britannia Bank & Trust. In the past month, tether’s supply has dipped by 1.3%, leaving 82.85 billion USDT in circulation.
Undisclosed Sources Say Tether Is Working With a Privately Held Bahamas-Based Bank
On August 29, Bloomberg…