Rad Power Bikes reaches deal to sell itself for $13.2M

Electric bike company Rad Power Bikes has reached a deal to sell itself to Life Electric Vehicles Holdings, known as Life EV, for approximately $13.2 million. This agreement comes just over a month after the company entered the bankruptcy process.…

TikTok attributes recent glitches to a power outage at a US data center

As snowstorms swept across the United States on Sunday, TikTok users began reporting widespread issues with the app. Problems included difficulties loading comments and unexpected behavior from the For You page algorithm. For some, these technical glitches continued to persist.…

AI startup CVector raises $5M for its industrial ‘nervous system’

Industrial AI startup CVector has built what it describes as a brain and nervous system for big industry. Now, founders Richard Zhang and Tyler Ruggles face a larger challenge: demonstrating to customers and investors how this AI-powered software layer translates…

Rad Power Bikes reaches deal to sell itself for $13.2 million

Electric bike company Rad Power Bikes has reached a deal to sell itself to Life Electric Vehicles Holdings for approximately $13.2 million. This agreement comes just over a month after the company entered the bankruptcy process. Florida-based Life EV describes…

Saudi satirist hacked with Pegasus spyware wins damages in court battle

A London High Court awarded Saudi satirist and human rights activist Ghanem Al-Masarir more than three million pounds in damages on Monday. The court found compelling evidence that his phone had been hacked with government-grade spyware. Al-Masarir is a London-based…