Dream11-backed NFT startup Rario founders to leave a year after $120M funding
The two founders of Rario, the cricket NFT startup in which India’s Dream11 led a $120 million funding round last year, are leaving the firm, people familiar with the matter said. Ankit Wadhwa, who serves as Rario CEO, and Sunny Bhanot, Rario CTO, are being pushed out as investors at
Read moreiOS 16.6.1 fixes a big iPhone security vulnerability used to install Pegasus spyware
Photo by Amelia Holowaty Krales / The Verge Apple has issued a critical security update for iPhones to address a zero-day bug in iOS 16 that could allow attackers to remotely install spyware on a device without any interaction from the iPhone owner. Citizen Lab, a spyware research group, discovered
Read moreThe Lotus Emeya is a super speedy EV sedan designed to take on Porsche
Lotus revealed Thursday evening in New York City the Emeya, an all-electric four-door grand tourer that aims to compete with the likes of Porsche on speed, tech and luxury and help transform the Chinese-owned British automaker into a global performance brand by 2028. The flagship vehicle launch comes at an
Read moreZopa, the UK neobank, hits 1M customers and raises another $93M
In 2021, U.K. neobank Zopa, which has been around since 2004, leapt to a $1 billion valuation on the back of a big investment from SoftBank and a plan to go public by 2022. Now it’s 2023, and Zopa is today announcing another fundraise of a different kind as it
Read moreBMW feels the heat, stops charging for warming cheeks
When BMW started charging an $18 per month subscription for heated seats in 2022, the backlash was swift and brutal. Customers banded together, urging others not to encourage this type of behavior from automakers, lest it open the door to more perceived avariciousness. “You’ve already paid for it!” cried one
Read moreRelativity Space leases historic test stand from NASA to boost Terran R development
Relativity Space is amping up its investment at NASA’s Stennis Space Center, with the company announcing today that it would lease a historic first-stage test stand to advance the development of the Terran R launch vehicle. Per the new agreement, Relativity will lease the A-2 Test Stand from NASA for
Read moreCruise nears approval to mass-produce robotaxis with no steering wheel, pedals
Cruise CEO Kyle Vogt said Thursday at an investor conference that the company is “just days away” from getting the green light to begin mass production of its purpose-built autonomous vehicle without a steering wheel or pedals. The National Highway Traffic Safety Administration (NHTSA) told TechCrunch that no decision to
Read moreArtists sign open letter saying generative AI is good, actually
Artists are among the many groups who will feel the effects of AI over the next few years, but it’s not doom and gloom for everyone. A group of artists have organized an open letter to Congress, arguing that generative AI isn’t so bad and, more importantly, the creative community
Read moreApple fixes zero-day bugs used to plant Pegasus spyware
Apple released security updates on Thursday that patch two zero-day exploits — meaning hacking techniques that were unknown at the time Apple found out about them — used against a member of a civil society organization in Washington D.C., according to the researchers who found the vulnerabilities. Citizen Lab, an
Read moreFTX exec Ryan Salame pleads guilty to criminal charges
One more exec has pleaded guilty. | Illustration: The Verge Ryan Salame, who ran FTX’s Bahamas subsidiary, pleaded guilty to two criminal charges on Thursday. They are conspiracy to make unlawful political contributions and defraud the Federal Election Commission and conspiracy to operate an unlicensed money transferring business. “I made
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