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Elon Musk’s Boring Company received Wednesday the initial approval required to build a transportation system that would shuttle passengers in Tesla vehicles via a network of tunnels under Las Vegas. The approval by Clark County officials of a special use permit and franchise agreement would a

You've heard of SPACs, meme stocks and buy now, pay later, but have you heard of the LTSE, First Women’s Bank and Upsolve? Through the pandemic, a trove of attention has been paid to new market structures and activity that are deemed short term, risky or speculative. Whether they are and

Tesla said Wednesday it will use iron-based batteries for its standard Model 3 and Model Y models across global markets. The update, provided in the company’s third-quarter earnings report, confirmed hints that Tesla CEO Elon Musk has been dropping for months about the cheaper battery chemist

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for October 20, 2021. It's been quite a day, with Facebook making a number of headlines, a blizzard of IPO updates and some

Following moves by major tech platforms to better protect minors using their platforms, Snapchat is preparing to introduce its own set of “family engagement” tools in the coming months. Snap CEO Evan Spiegel teased the planned offering during an interview at the WSJ Tech Live conference

Tesla continued its profitability streak, reporting Wednesday net income of $1.62 billion in the third quarter, a nearly fivefold increase from the $331 million it earned in the same period last year. The record-setting profit came thanks to record sales and despite a global chip shortage and suppl

Elon Musk voiced concerns on Twitter over the recent appointment of Missy Cummings to a key advisory role at the country's top traffic authority, but U.S. Transportation Secretary Pete Buttigieg suggested the Tesla CEO speak to him directly about any concerns instead. “He’s welcome

An “ongoing” cyberattack against the Japanese technology giant Olympus was caused by a Russian ransomware group sanctioned by the U.S. government, according to two people with knowledge of the incident. A new malware variant known as Macaw was used in the attack that began on October 10

??Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies. “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,”

Prepping to go into space takes a long time and a metric ton of money (we measured). Lucky for you, attending TC Sessions: Space 2021 on December 14-15 requires far less time and a lot less money. This two-day deep conference features the top leaders in the space industry. Tech and science experts

Washington D.C. Attorney General Karl Racine has added Mark Zuckerberg to a lawsuit against Facebook over consumer privacy violations related to the Cambridge Analytica scandal. “Our continuing investigation revealed that he was personally involved in decisions related to Cambridge Analytica

You have less than a week to go before you dive headlong into TC Sessions: SaaS 2021. Expect a full day packed with presentations, panel discussions breakout sessions, Q&As, networking … and demos. Who doesn't love demos? They're the heart and soul of every technewss event, and you c

Online education company Udemy this morning set an initial IPO price range for its upcoming debut. The San Francisco-based edtech unicorn — backed by Learn Capital, Insight Partners and Norwest, among others — expects to price its IPO between $27 and $29 per share. The company could be

Facebook has been steadily rolling out updates to Facebook Groups aimed at giving admins better ways to manage and moderate their online communities. Recently, this has included a combination of product releases — like access to automated moderation aids and alerts about heated debates —