This European startup is installing 50 traffic-counting sensors across San Francisco

This European startup is installing 50 traffic-counting sensors across San Francisco

Belgian startup Telraam designed a device that lets anyone point out of a window a camera-like device that uses on-board tech to count the number of road users. It is currently installing a network of 50 or so devices in San Francisco, a project the company says is largely funded by Yelp CEO Jeremy Stoppelman, […]

Read more
Qualcomm acquires Autotalks to boost Snapdragon’s automotive safety technology, reportedly for $350-400M

Qualcomm acquires Autotalks to boost Snapdragon’s automotive safety technology, reportedly for $350-400M

Qualcomm’s longer term bet on the automotive sector as a lucrative customer base for its chips and related communications technology is getting a significant push today: the company announced that it is acquiring Autotalks, a fabless chipmaker out of Israel that builds semiconductor and system-on-a-chip technology to aid in automotive safety; sources tell us Qualcomm […]

Read more
Drivers in Europe net big data rights win against Uber and Ola

Drivers in Europe net big data rights win against Uber and Ola

In a major win over opaque algorithmic management in the so-called gig economy an appeals court in the Netherlands has found largely in favor of platform workers litigating against ride-hailing giants Uber and Ola — judging the platforms violated the drivers’ rights in a number of instances, including when algorithms were involved in terminating driver […]

Read more
Tesla’s silly new accessory is a big, tough home charger

Tesla’s silly new accessory is a big, tough home charger

Meet Tesla’s latest gadget: A home charging station that looks as futuristic as a Porsche hard drive from the early 2010s.  The Cybervault seems to be a Tesla Wall Connector in a decidedly Cybertruck-inspired case, and boy does it look tough in a promo video posted by Tesla on Weibo. The device is “tailor-made for the […]

Read more
Foiled again: Candela raises another $20M to set course for the future of ferries

Foiled again: Candela raises another $20M to set course for the future of ferries

Swedish company Candela will launch its 30-passenger commercial hydrofoil shuttle, the P-12, this summer — the vessel it believes will change the course of motorized water transport. Following on from its C-7 and C-8 leisure cruisers, Candela has already been making waves with its drive to transition to fossil-free waterways. “We are now heavy into […]

Read more
Targeted at commercial and military, hydrogen-powered drones are coming

Targeted at commercial and military, hydrogen-powered drones are coming

The last time hydrogen-laden flying vessels zipped around the heavens didn’t end all that well, but that isn’t stopping Heven Drones from fueling up its H2D55 drone. The company claims the octacopter can fly for over an hour and a half, with a payload of 7 kg (15 lbs). The drones are built to spec, and […]

Read more
Fresh off its merger, Ouster-Velodyne make a bet on smart infrastructure

Fresh off its merger, Ouster-Velodyne make a bet on smart infrastructure

With lidar companies Ouster and Velodyne officially merged, CEO Angus Pacala has identified the next phase of growth. And it’s not self-driving cars or even advanced driver assistance systems. It’s smart infrastructure. “I keep saying this and people think I’m crazy, but there’s a good chance that smart infrastructure becomes our biggest vertical by a long […]

Read more
Tesla records $204M loss from bitcoin in 2022

Tesla records $204M loss from bitcoin in 2022

Tesla recorded a $204 million impairment loss in 2022 on its bitcoin holdings, according to regulatory filings. The loss was offset by $64 million in profits from bitcoin trading, leaving the automaker with a net loss of $140 million. Tesla had invested $1.5 billion in bitcoin during the first quarter of 2021, stating that it […]

Read more
Hotai Motor exposed thousands of iRent customer documents

Hotai Motor exposed thousands of iRent customer documents

Taiwanese automotive conglomerate Hotai Motor exposed reams of personal customer data from its car rental and carshare unit, iRent, until a security researcher found the data online last week. Even then, it took the company a week — and the intervention of the Taiwanese government — to act. Hotai Motor is one of the largest […]

Read more
BMW continues its love affair with EVs, backing this Bulgarian startup’s $13M A-round

BMW continues its love affair with EVs, backing this Bulgarian startup’s $13M A-round

Electric vehicle charging management systems are usually end-to-end solutions for managing EV charging operations, billing, energy, drivers, and even fleets. This means EV charging service providers can optimize the monetization of their operations. A number of players have proliferated over the last few years. Driivz from Israel has raised $23.1M in VC funding to date […]

Read more