Tech Archive

Jan Koum donated $5 million in Meta stock to a pro-Trump super PAC, The New York Times’ Teddy Schleifer reports.

Its $15 million funding round was led by Blockchain Capital, a venture capital group that has invested in crypto firms, like Kraken, OpenSea, and Coinbase. Despite this, Bluesky says it’s not changing its stance on blockchains:

Though Musk said he’d give $1 million away daily until the election, the PAC didn’t announce a winner in the sweepstakes today. The money was only available to registered swing state voters who signed the PAC’s petition — which critics said was a clear example of buying votes.

Earlier this year, I said that Tesla was in its flop era. Now, the company is crushing it, posting its biggest gains in almost 11 years, according to Bloomberg. What a difference a few weeks make, when the stock tumbled after the glitzy-but-disappointing robotaxi event. Investors wanted to see signs of life, and they got it in the form of lower material costs, a surging energy business, and increased sales of regulatory credits to lagging automakers. They also said cheaper EVs are coming next year.

The scanners, created by the weapon-detection company Evolv, were installed at 20 MTA stations as part of a pilot program.

SF’s transportation authority has approved a $212M contract for Hitachi to replace its Muni Metro control system and track its trains with Wi-Fi or cellular instead.