Shared e-scooter startup Beam Mobility has placed hundreds of extra “phantom” scooters on city streets in Australia and New Zealand to avoid paying vehicle registration fees to local governments, according to a two-part report from The Australian. Cities place caps on the number of vehicles operators can deploy to avoid saturating streets and sidewalks with […]
NewJeans Donates An Apartment’s Price Worth Of Money With University Festival Profits
According to industry reports on June 6, KST, NewJeans’ latest charitable donation is worth the price of an average apartment. NewJeans | @newjeans_official/Instagram The girl group had previously pledged that the profit they earned from performing at university festivals this year would be donated to charity. Industry sources estimate that top-tier groups like NewJeans earn […]
Tesla profits tumble, Fisker flatlines, and California cities battle for control of AVs
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free. Welp, Tesla earnings happened this week — and yeah that was a lot. A lot of what, you ask? A […]
TikTok faces a ban in the US, Tesla profits drop and healthcare data leaks
Welcome, folks, to Week in Review (WiR), TechCrunch’s regular newsletter covering this week’s noteworthy happenings in tech. TikTok’s fate in the U.S. looks uncertain after President Joe Biden signed a bill that included a deadline for ByteDance, TikTok’s parent company, to divest itself of TikTok within nine months or face a ban on distributing it […]
Tesla profits drop 55%, company says EV sales ‘under pressure’ from hybrids
Tesla profits fell 55% to $ 1.13 billion in the first quarter from the same year-ago period as a protracted EV price-cutting strategy continued to cut into the automaker’s bottom line. Tesla reported revenue of $ 21.3 billion in the first quarter, a 9% drop from the first quarter of 2023. Analysts polled by Yahoo […]