Tech News

Those efforts have reversed the Biden administration’s go-slow approach to oil drilling, reducing—though not completely eliminating—the backlog of requests for onshore and offshore drilling permits that accumulated during Biden’s presidency. Delays in permit approvals increase project costs, risk, and uncertainty. Delays can increase the chances that a project ultimately is downsized—as happened with ConocoPhillips’ Willow … Read more

“They want to stay, and we want them to stay,” Glass told Ars. Another concerning outcome of Trump cuts that could hamper Genesis Mission: Entire research groups at many institutions were “displaced”—removed from their labs and left to work in cubicles without access to their equipment, Glass told Ars. “I think scientists want to go … Read more

Amazon is in early discussions to invest as much as $10 billion in OpenAI in a deal that would see the AI lab using the e-commerce giant’s AI chips, CNBC reported. If it materializes, the deal would value OpenAI at more than $500 billion, Bloomberg reported, citing an anonymous source. Amazon has been looking to … Read more

Tesla could be temporarily locked out of its biggest US market if it doesn’t change deceptive marketing that exaggerates the self-driving capabilities of its cars, the California Department of Motor Vehicles warned on Tuesday, adopting the ruling of an administrative law judge. The DMV said Tesla’s use of terms like “Autopilot” and “Full Self-Driving” to … Read more

Google is expanding its push into consumer finance in India with the launch of a UPI-linked credit card, betting on a country of more than 1.4 billion people where fewer than 50 million currently hold a credit card. On Wednesday, Google entered India’s growing co-branded credit card market with the launch of Flex by Google … Read more

MoEngage, a customer engagement platform used by consumer brands across 75 countries, has raised $180 million in a Series F follow-on round just over a month after securing $100 million, with a majority of the latest funding providing liquidity to investors and employees through secondary transactions. In the latest raise, about $123 million was secondary, … Read more

Monzo chief executive TS Anil was asked to step down by the fintech’s board amid concerns over international expansion and his post-IPO commitment, according to reporting from the Financial Times. The FT reports that tensions built between Anil and the board before October’s somewhat unexpected announcement that former Google executive Diana Layfield would take over … Read more

Wiles says she called Musk on the carpet. “You can’t just lock people out of their offices,” she recalls telling him. At first, Wiles didn’t grasp the effect that slashing USAID programs would have on humanitarian aid. “I didn’t know a lot about the extent of their grant making.” But with immunizations halted in Africa, … Read more

An administrative law judge has ruled that Tesla engaged in deceptive marketing that gave customers a false impression of the capabilities of its Autopilot and Full Self-Driving driver assistance software. This is a pivotal development in a years-long case initiated by California’s Department of Motor Vehicles. The judge agreed with the state DMV’s request to … Read more

We want to address a few questions we’ve seen circulating about the Arcade1Up product lines. Basic Fun! has acquired select assets of Arcade1Up and intends to support, to the best of our ability, the home arcade category and existing Arcade1Up products currently in the market. This asset acquisition reflects our ongoing commitment to expanding our … Read more