FinTech Acquisition Corp. a publicly-traded special purpose acquisition company, and eToro Group Ltd (“eToro” or the “Company”), the leading social investing network, announced today that they have mutually agreed to terminate their previously announced agreement and plan of merger (the “Merger Agreement”), effective immediately.
The prospect of a US central bank digital currency did not impress panelists at the Federal Reserve's first conference on the international role of the dollar. A panel focused on digital assets found that institutional investment in crypto is "constrained by the lack of a regulatory framework"
Just six months after its last flagship launch, Xiaomi has announced another one. The Xiaomi 12S Ultra packs a massive one-inch, 50.3-megapixel Sony IMX989 main sensor. And unlike the Sony Xperia Pro-I, the Xiaomi 12S Ultra apparently uses the entirety of its one-inch sensor. And the camera unit itself? Well, it looks gigantic.
The Metaverse Standards Forum has been formed by Microsoft, Epic, Meta, and other companies to foster open, interoperable standards for augmented and virtual reality, geospatial, and 3D tech. The group is also interested in developing "consistent terminology" for the space, where players can't even agree on what a "metaverse" is.
Tesla has introduced a software update that scans for potholes in its cars. The update will trigger the adaptive suspension in supported vehicles to adjust the ride height for more comfort. The ride adjustment will only work in Tesla Model S and Model X cars with adaptive suspensions. It's not clear if the Model 3 or Y vehicles also scan for rough roads.
67 MPs and Lords call on government to ban sale and use of Hikvision and Dahua. Research suggests many public bodies across the UK use CCTV cameras made by the firms. This includes 73% of UK councils, 57% of secondary schools in England and six out of 10 NHS trusts.
TikTok wrote to Republican Senators to assure them that it's working on a program called 'Project Texas' to bolster data security for U.S.-based users. This was in response to a June 27 letter to the company from Senators that questioned its data access policy.
Amazon has opened a micromobility hub in central London to make e-bikes and on-foot couriers available for deliveries. The company plans to open more e-cargo delivery hubs in the UK in the coming months. It already has more than 1,000 electric delivery vans on the road in the country.
Apple Watch Series 8 could come in three display sizes, according to a new rumor. Analyst Jeff Pu claims that Apple supplier Luxshare will be the "sole supplier" for a 2-inch Apple Watch model this year. The new display size would offer an additional 0.089-inches of space diagonally over the 45mm "Apple Watch Series 7"
Investors continued to show strong support for cybersecurity startups in the first half of 2022. The first quarter saw nearly $6 billion in cybersecurity funding, up 50 percent from the same quarter in 2021. There are signs of a cooling market, such as the fact that 1Q 2022 funding was significantly lower than 4Q 2021 funding.
Tesla unveiled a new solar range extender trailer with a SpaceX Starlink internet satellite system at an exposition in Germany, but don’t expect to be able to buy it soon as many are starting to think about the potential of adding solar panels to EVs to extend the range.