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General Motors is building a new facility at its Warren, Michigan campus aimed at unlocking breakthrough cell technology that will drive down the cost of batteries while improving their range. The automaker said Tuesday that the initial phase of the Wallace Battery Cell Innovation Center, which will be about 300,000 square feet and located on […]

At the Nintendo Direct livestream a few weeks back, fans speculated that they might learn who the last remaining character in the extensive “Super Smash Bros. Ultimate” lineup would be. Instead, we found out that Chris Pratt will be playing Mario in a feature film. But today, in Nintendo’s final “Mr. Sakurai Presents” livestream, game […]

October 5, 2021 (Reuters) – Singapore state investor Temasek led a $550 million funding round in Israel’s Orca Security, lifting the cloud security company’s valuation to $1.8 billion, a 50% jump in around seven months. Cloud security technology providers have seen a rapid rise in demand for their products and services as the COVID-19 pandemic […]

October 5, 2021 LONDON (Reuters) – The world’s top miners on Tuesday committed to a goal of net zero direct and indirect carbon emissions by 2050 or sooner, the International Council on Mining and Metals (ICMM) said. “ICMM members’ collective commitment to net zero scope one (direct) and two (indirect) greenhouse gas emissions by 2050 […]

October 5, 2021 By Niklas Pollard, Ludwig Burger and Simon Johnson STOCKHOLM (Reuters) -Japanese-born American Syukuro Manabe, German Klaus Hasselmann and Italian Giorgio Parisi won the 2021 Nobel Prize for Physics on Tuesday for work that helps understand complex physical systems such as Earth’s changing climate. In a decision hailed by the U.N. weather agency […]

Amid a deluge of new creator platforms, a startup called Fireside is launching today with what it believes will be a compelling proposition for professional creators in need of a more robust set of tools for content creation, distribution, measurement, and monetization. The service, which offers a platform for live and interactive shows, had been […]

Hotglue, an early stage startup that wants to make it easier for developers to connect to business applications like Salesforce, announced a $1.5 million seed today led by Uncommon Capital and a group of angels. The company is the brainchild of a couple of 20 year old founders, CEO Hassan Syyid and CRO David Molot, […]

Steve Dent Contributor Steve Dent is an associate editor at Engadget. More posts by this contributor Facebook whistleblower reveals identity, says company ‘chooses profits over safety’ GM’s US factories will switch to renewable energy five years ahead of schedule Tesla has been ordered to pay $137 million in damages to a Black former worker who […]

October 5, 2021 By Clare Jim, Tom Westbrook and Marc Jones HONG KONG/LONDON (Reuters) -Growing worries about defaults at Chinese property developers triggered a rout in their shares and bonds on Tuesday with fresh credit rating downgrades and uncertainty about the fate of cash-strapped China Evergrande Group sapping investor sentiment. Once China’s top-selling developer, Evergrande […]

October 5, 2021 (Reuters) – Chicago Federal Reserve Bank President Charles Evans on Tuesday said he continues to believe supply bottlenecks are driving most of the recent increase in inflation, and though it is higher and may last longer than initially thought, it will subside. Inflation expected to be 3.5% or 4% this year “cuts […]

October 5, 2021 By Alexander Cornwell DUBAI (Reuters) – U.S. Commissioner General to the Expo in Dubai Robert Clark, who was appointed by President Joe Biden, said on Tuesday that he would lobby Congress to pass legislation to allow the government to finance the country’s participation in future world fairs. The United States is banned […]

October 5, 2021 STOCKHOLM (Reuters) – Sweden goalkeeper Hedvig Lindahl is hoping to do more than save shots with her new charity drive – the 38-year-old is hoping that prize draws featuring her kit and personal video messages can help save lives in Afghanistan. The shot-stopper, who plays her club football for Atletico Madrid in […]

October 5, 2021 By Richard Martin (Reuters) – While Real Madrid and Barcelona’s superpower status a decade ago was reflected in their dominance of Spain’s all-conquering national side, their decline can be measured in the very same way: Spain head to the UEFA Nations League Final Four tournament with no players from Real and four […]

October 5, 2021 WASHINGTON (Reuters) – The U.S. trade deficit increased more than expected in August, boosted by imports as businesses rebuild inventories, the latest sign that economic growth slowed in the third quarter. The trade deficit surged 4.2% to $73.3 billion last month, the Commerce Department said on Tuesday. Economists polled by Reuters had […]

October 5, 2021 By John McCrank NEW YORK (Reuters) – Robinhood Markets Inc said on Tuesday it had introduced 24-hour customer phone support, seven days a week, addressing criticisms over the app-driven retail brokerage’s communications that were also implicated in the suicide of a client. The fast-growing broker shot to prominence earlier this year during […]

October 5, 2021 By Jan Strupczewski LUXEMBOURG (Reuters) – The European Commission will publish on Oct. 19 its assessment of the economic impact of the pandemic on the European economy and its implications for EU budget rules as it launches a debate on how to change the rules that underpin the euro currency. EU budgets […]

October 5, 2021 (Reuters) – U.S. Treasury Secretary Janet Yellen on Tuesday said it was “utterly essential” for Congress to lift the federal debt limit ahead of an Oct. 18 deadline to avoid U.S. default, but added that she opposes using a loophole in U.S. currency law to resolve the crisis. Yellen told CNBC in […]

October 5, 2021 By Subrat Patnaik, Eva Mathews and Sheila Dang (Reuters) – Facebook Inc blamed a “faulty configuration change https://tmsnrt.rs/3lcz40O” for a nearly six-hour outage on Monday that prevented the company’s 3.5 billion users from accessing its social media and messaging services such as WhatsApp, Instagram and Messenger. The company in a late Monday […]

October 5, 2021 (Reuters) – U.S. Treasury Secretary Janet Yellen on Tuesday declined to say whether she would support a reappointment of Federal Reserve Chair Jerome Powell for a second term, saying it’s up to President Joe Biden to decide. In an interview with CNBC, Yellen also said she trusts the U.S. central bank to […]

Chile’s Buk, which has developed a human resources management platform for Latin American companies, announced today that it has raised $50 million in a Series A funding round that values the company at $417 million. There are a few notable things about this financing. For one, it represents one of the largest (if not the) […]