Electric vehicle startup-gone-SPAC Faraday Future has raised a going concern warning, per regulatory filings. The company said it has substantial doubt as to whether it would be able to continue operating over the next year, adding that it is uncertain when it will dispatch first deliveries of its FF 91 luxury EVs. This isn’t the … Read more
If you didn’t jump at the chance to give Elon Musk $7.99 for a blue check while you could, you might have to wait a bit longer. Originally slated to relaunch on November 29, Musk tweeted Monday evening that the product will be put on hold until “there is high confidence of stopping impersonation.” The … Read more
The lending firm claims it’s having “constructive conversations with creditors” and plans to resolve the situation without the need for a bankruptcy filing.
Domino’s outfitted Chevy Bolts. | Image: Domino’s Domino’s is gearing up to put more than 800 all-electric pizza delivery vehicles into service in the coming months, starting with over 100 of them rolling out in November. The company went with the compact Chevy Bolt EV and is wrapping the vehicles with custom branding but no … Read more
Now with Amazon Forecast, you can generate up to 45% more accurate forecasts for products with no historical data. Forecast is a managed service that uses machine learning (ML) to generate accurate demand forecasts, without requiring any ML experience. Accurate forecasting is the foundation for inventory optimization, logistics planning, and workforce management and it enables … Read more
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Illustration by Alex Castro / The Verge Elon Musk told Twitter employees on Monday that the company won’t relaunch its paid verification subscription, Twitter Blue, until “we’re confident about significant impersonations not happening,” according to a recording of his remarks obtained by The Verge. Musk said last week that his $8 per month Blue subscription … Read more
Meanwhile, Ethereum users are sending encoded messages to the FTX hacker pleading for a share of funds.
Image: Apple The detailed analytics data Apple records about what you do in the App Store can be tied directly to your Apple account, according to app development and research team Mysk. In a Twitter thread, Mysk shows that Apple sends what’s known as a “Directory Services Identifier” along with its App Store analytics info … Read more
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McKinsey’s latest report takes a look at demographics in the metaverse, suggesting that while women spend more time on metaverse platforms, they hold fewer leadership positions at metaverse companies than men.
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Hello and welcome back to Max Q. Before we get to the news, I have a pretty exciting announcement myself: We’re offering to Max Q subscribers free tickets to TechCrunch’s in-person space event. Find out more about the event and get your free ticket by clicking here. In this issue: Artemis I takes flight Gravitics … Read more
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Amazon’s Black Friday discounts extend to more than just Amazon devices. | Photo by Chris Welch / The Verge Black Friday is right around the corner, but Amazon is wasting no time by rolling out some excellent deals in the run-up to the main event on Friday. If you’re looking to knock out some of … Read more
Illustration by Kristen Radtke / The Verge; Getty Images After purging nearly two-thirds of Twitter’s 7,500-person workforce in three weeks, Elon Musk is hiring again. During an all-hands meeting with employees on Monday, Musk said that Twitter is done with layoffs and actively recruiting for roles in engineering and sales and that employees are encouraged … Read more
Genesis, a digital assets financial services firm, may be in hot water as it looks to raise fresh capital for its lending unit or potentially face bankruptcy if it can’t, according to a report by Bloomberg. Genesis was facing a liquidity crisis after FTX collapsed, which “created unprecedented market turmoil, resulting in abnormal withdrawal requests … Read more
The committee members, seemingly spurred to vigilance by the FTX debacle, do not see evidence of SoFi Digital Assets shaping up the way the Fed ordered.
Though the mood among many who showed up in Austin was bullish, most commented on the collapse of FTX and the drop in the price of Bitcoin.
The total crypto market cap has dropped under $800 billion, but data highlights a few reasons why some traders are bullish.
The troubled crypto investment bank is in talks with potential investors for at least $1 billion in fresh capital, according to a Bloomberg report.
Activists demand “Loss and Damage” reparations at the COP27 UN Climate Change Conference in Sharm El-Sheikh, Egypt, on November 12th, 2022. | Photo by Dominika Zarzycka / NurPhoto via Getty Images Trying to save the planet looks less like a Marvel movie and more like tense climate negotiations that just wrapped up in Egypt over … Read more
Coinbase and MicroStrategy bonds tanked, crypto markets plunged and the FTX exploiter moved a total of 180,000 ether. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.
They saw a surge in MEV, or profits from optimizing the order of transactions, surge amid crypto chaos early this month.
‘Djed’ is set to go live in Jan. 2023, after a successful audit and a series of rigorous stress tests
It’s never a bad time to back up your data. But for Twitter users, it’s arguably more urgent than usual, what with the platform’s recent… unpredictability. Mass firings and resignations, whiplash policy changes and crippled infrastructure don’t instill a ton of confidence that Twitter will remain stable well into the distant future. That’s why it’s … Read more