Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch has said that the market watchdog has stepped up vigil and plans to narrow the regulatory gap in the startup space. “There is likely to be a regulatory gap when there is something new and innovative that happens in the market. It is up …
After an appeals court struck down key portions of a state law designed to prevent social media companies from freely making content moderation decisions, Florida wants the Supreme Court to weigh in. Florida Attorney General Ashley Moody filed a petition Wednesday asking the highest court in the land to wade into the issue after two …
Rocket Lab is a U.S.-based company, but until now the bulk of its activities have been conducted in New Zealand. While the company has been public about its plans to expand to both hemispheres for a while, executives released a slew of updates on Wednesday detailing their goal to make the U.S. home to even …
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Micromobility company Bird is boosting its president, Shane Torchiana, to CEO status in a “long-planned” shakeup that sees founding chief executive Travis VanderZanden further stripped of power. Bird’s board also announced two other appointments: Former Archer Aviation chief financial officer Ben Lu has joined as Bird’s new CFO, taking over the role from Yibo Ling, …
The crypto industry seemed to age several decades over the past bull run, maturing in some places while barreling ahead in ambitious new pursuits, including DeFi, NFTs and web3. And while scams continued to proliferate and hacker heists became a weekly occurrence, the space onboarded an onslaught of retail investors and fostered feverish excitement among …
Kitty Hawk, the electric aviation startup founded and led by the “godfather of self-driving cars” Sebastian Thrun and backed by Google co-founder Larry Page, is shutting down. The company said in a tweet and on a post in LinkedIn that it was winding down operations. “We have made the decision to wind down Kittyhawk. We’re …
Making sneakers is a dirty business; one that’s heavily reliant on fossil fuels. Shoe companies have experimented with various ways to reduce their footprints, from uppers made of recycled plastic to midsoles made of foam derived from sugarcane. Now, there’s a new approach — upcycling. Materials startup Novoloop and running-shoe manufacturer On will announce a …
Things I learned on TikTok: The hole in a pasta spoon is one serving of spaghetti. What to do when a debt collector comes knocking. How to hot wire a Kia using a USB cord and a screwdriver. Oh yes, you read that right. A trending TikTok challenge publicizing a technique for stealing certain makes …
It’s about time that we learn the difference between what’s a viral trend and what’s just one person posting a meme that goes viral. For the sake of humanity, let’s count our lucky stars: NyQuil chicken is not a real threat to public health. But this week, the FDA issued a warning about what the …