Porsche increases EV targets, confirms 911 hybrid sports car Via CNBC.com: As the all-electric Porsche Taycan sedan outsells the German carmaker’s iconic 911 sports car, the company is increasing its EV sales targets. It also plans to roll out a hybrid version of the 911. Porsche on Friday announced it expects 80% of its global sales to be all-electric vehicles by 2030. That compares with previous plans for that amount […]
Trading in NFTs spiked 21,000% to more than $17 billion in 2021, report says Via CNBC.com: Sales of nonfungible tokens jumped to more than $17 billion in 2021, according to a new report from NFT data company Nonfungible.com. The study, developed with BNP Paribas-owned research firm L’Atelier, said trading in NFTs hit $17.6 billion last year, reflecting an eye-watering 21,000% surge from 2020′s total of $82 million. NFTs are tradable […]
Tesla and EPA reach a settlement after automaker’s Clean Air Act violations Via CNBC.com: Tesla has reached a settlement agreement with the U.S. Environmental Protection Agency after the regulators determined Elon Musk’s electric car and solar business had violated the Clean Air Act at its vehicle assembly plant in Fremont, California. According to an announcement from the EPA on Tuesday, Tesla will pay a penalty of $275,000, which is immaterial […]
NFT marketplace OpenSea is investigating a phishing hack Via CNBC.com: NFT marketplace OpenSea is investigating a “phishing attack” that no longer appears to be active, the company’s chief executive said late Saturday. “We don’t believe it’s connected to the OpenSea website. It appears 32 users thus far have signed a malicious payload from an attacker, and some of their NFTs were stolen,” Devin Finzer said on Twitter. NFTs, or non-fungible […]
China’s TikTok Can Bypass Apple and Google Privacy Protections, Access User Data Via Breitbart: Recent studies have revealed that the Chinese-owned social media TikTok can bypass security protections on Apple and Google app stores to gain full access to user data. The Wrap reports that according to two recent studies, TikTok can bypass security protections on Apple and Google app stores and gain full access to user data. The studies were […]
Tech billionaire Thiel tosses $1.5 million in seed money to conservative oriented dating app startup Via Just The News: Tech billionaire Peter Thiel is pumping $1.5 million into a seed round for a conservative-leaning dating app "The Right Stuff." The app, which will be invite-only at the beginning, is expected to launch over the summer in Washington, D.C. Though there are no plans for the app to be explicitly political, […]
Electric vehicles dominated Super Bowl ads, but are still only 9% of passenger car sales Via CNBC.com: Six of the seven car brands that ran an ad during the Super Bowl featured electric vehicles, according to analysis published Monday by the online car shopping marketplace Cars.com. The start-up Polestar featured its Polestar 2, while GM’s corporate brand advertised several EVs. Other brands pushing electric cars included BMW, GM’s Chevy, Kia, Nissan […]
White House rolls out $5 billion funding plan to states for electric vehicle chargers Via CNBC.com: The Biden administration this week rolled out a plan to allocate $5 billion to states to fund electric vehicle chargers over five years, as part of the bipartisan infrastructure package that includes $7.5 billion to build a sprawling network of EV charging stations across the country. The investment is part of the administration’s broader […]
Lyft posts revenue beat but falls short on riders Via CNBC.com: Lyft reported fourth-quarter results after the bell on Tuesday. It beat estimates on adjusted earnings per share and revenue but said it had fewer active riders than in the prior quarter. Shares were down more than 6% in after hours trading after executives said the omicron coronavirus variant would weigh on first quarter numbers. Here are the key numbers: […]
