Snap is testing a paid subscription service called Snapchat Plus. The service will give users early access to features and other abilities. Snap says it's excited about the potential to share exclusive, experimental, and pre-release features with our subscribers. The price for Snapchat Plus is currently listed as 4.59 Euros a month and 45.99 Euros a year.
Watchmaker TAG Heuer has partnered with the well-known nonfungible token (NFT) community surrounding Bored Ape Yacht Club and CLONE-X to create a smartwatch that displays NFTs and connects to crypto wallets such as MetaMask and Ledger Live. The company says that the functionality of the TAG Heuer Connected Calibre E4 will be straightforward, with NFTs being transferred to it via a paired smartphone.
State securities regulators in Alabama, Kentucky, New Jersey, Texas and Washington are investigating crypto lender Celsius Network's decision to suspend customer redemptions due to extreme market conditions, pausing withdrawals, swaps and transfers between accounts. The company said that doing so would put it "in a better position to honor, over time, its withdrawal obligations"
Sony and Honda have named their joint electric vehicle partnership Sony Honda Mobility. The new company will be established in Tokyo before the end of 2022. Honda executive Yasuhide Mizuno will be chairman and CEO, and Sony EVP Izumi Kawanishi president. Sony will contribute "imaging, sensing, telecommunication, network and entertainment technologies"
Elon Musk addressed Twitter employees on Thursday ahead of his $44 billion acquisition of the company. Musk has expressed hesitation about the deal, alleging that Twitter has not accurately disclosed the number of fake or spam accounts on the service. The meeting concluded around 1 p.m. Eastern Time.
Tesla has increased prices of its luxury electric vehicles multiple times this year. The automaker has not provided an explanation for the increase in prices. CEO Elon Musk said he thought inflation was worse than reported and likely to last all of 2022. He also said global commodities supply constraints could hamper future production.
Now, YouTube is finally adding a way for creators to correct a video without the need to re-upload the entire thing. Rolling out to creators now, YouTube’s new “corrections” feature does just what the name implies – it allows creators to correct a YouTube video without deleting the original video and re-uploading/publishing it.
Spotify will reduce its hiring by 25%, according to a source familiar with the contents of a companywide email. The company said it employs about 8,230 people worldwide. Spotify joins a number of companies that have slowed hiring or announced layoffs in response to rising inflation and fallout from the Ukraine crisis.
Taiwan’s Foxconn Technology Group started building its first plant to produce electric-car batteries Wednesday, the contract electronics manufacturer’s latest step into the booming electric-vehicle industry. Foxconn said it plans to invest about 6 billion New Taiwan dollars, equivalent to about $200 million, on battery production lines and a research-and-development center in Kaohsiung city in southern Taiwan.
Yasir Arafat is the technical lead of the microreactor project at one of the United States government’s preeminent nuclear research labs, Idaho National Lab, and he is leading the effort to build a tiny, relatively inexpensive micronuclear reactor.
Beyond being potential clean-energy options for remote locations or small communities, the MARVEL micro-reactor could become a key component of a clean energy grid that includes renewable solar and wind energy and battery storage, Arafat said. “The entire hardware can be built in a factory, like the way we make automobiles or cars,” Arafat told CNBC, allowing for the production of hundreds of microreactors a year.
Fabio Panetta, an executive board member of the European Central Bank, proposed the central bank limit the total holdings of a digital euro in an effort to prevent the digital currency from being used as a form of investment, hinting the ECB could cap the number of digital euros between 1 to 1.5 trillion tokens.
U.S. chipmaker Qualcomm wins its fight against a 997 million euro fine imposed by EU antitrust regulators four years ago. The European Commission said Qualcomm paid billions of dollars to Apple to use only its chips in all its iPhones and iPads. The General Court, Europe’s second-highest, annulled the EU finding and faulted the Commission over the handling of the case.