Technology

Three Arrows Capital (3AC) faces deadline to repay loans or default

Billions of dollars of value have been wiped off the cryptocurrency market in the last few weeks. Companies in the industry are feeling the pain. Lending and trading firms are facing a liquidity crisis and many firms have announced layoffs. Yu Chun Christopher Wong | S3studio | Getty Images Three Arrows Capital, a crypto-focused hedge …

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Tencent wants to be foreign automakers’ go-to company for EVs in China

BMW’s iX electric SUV in China was the first global car brand to include the automobile version of Tencent’s WeChat messaging app, according to the Chinese tech company. Tencent BEIJING — Chinese internet giant Tencent wants to sell technology which the company says will help foreign automakers that want to sell cars in China’s massive …

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This Optical Mic Can Record Multiple Instruments Separately

Although the sensitivity and performance of microphones has improved quite a bit since Alexander Graham Bell first patented them, they still have one big drawback that researchers from Carnegie Mellon University may have finally overcome by using has pair of run-of-the-mill video cameras. Put a microphone in a room with a bunch of musicians, and …

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Musk Cites Tesla Bankruptcy Fears, Wants You to Know Something Big

Elon Musk wants to share some good news. The Tesla (TSLA) – Get Tesla Inc. Report CEO has been facing some challenges lately, including layoffs, lawsuits as a result of the layoffs and, according to the world’s richest man himself, concerns about bankruptcy. Musk said the electric vehicle maker faces billions of dollars in losses …

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Disney, Apple and Amazon keep waiting as NFL considers Sunday Ticket offers

DK Metcalf, of the Seattle Seahawks, during a Meet & Greet with DIRECTV NFL SUNDAY TICKET subscribers at the DIRECTV NFL SUNDAY TICKET Lounge on Saturday Feb. 1, 2020, in Miami, FL. Peter Barreras | PA Disney, Apple and Amazon have all submitted bids to become the new broadcast rights owner of the National Football …

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EV Sales are Surging, so Why Are Automakers Planning Layoffs?

While electric vehicles are enjoying an unprecedented surge in popularity, ongoing supply chain problems, and growing recession fears are beginning to hit the automotive industry. EV sales rose 65% in Europe last year and doubled in the United States. But automakers are facing higher material and labor costs along with supply chain woes. The popularity …

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Mark Zuckerberg envisions 1 billion people in the metaverse

Meta Platforms CEO Mark Zuckerberg told CNBC’s Jim Cramer on Wednesday that the metaverse could be a considerable part of the social network operator’s business in the second half of the decade. “We hope to basically get to around a billion people in the metaverse doing hundreds of dollars of commerce, each buying digital goods, …

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What We Know About NASA’s Supposedly ‘Successful’ Megarocket Launch Rehearsal

NASA’s Space Launch System on the launch pad at Kennedy Space Center in Florida. Photo: NASA NASA wrapped up its fourth wet dress rehearsal of the Space Launch System yesterday, during which time ground teams achieved a number of key test objectives. That said, an unresolved hydrogen leak prevented a full completion of the test, …

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