TECHNOLOGY

Authored by Tareq Sikder via FinanceMagnates.com,

• Complaints include inadequate information disclosure, data collection from minors, and inability to withdraw consent.

• Tools for Humanity Corporation, based in Germany with its European presence, is subject to GDPR legal consequences.

The Spanish Data Protection Agency (AEPD) has taken decisive action against Tools for Humanity Corporation, issuing a precautionary measure to halt the collection and processing of personal data (more…)

Authored by Felicity Bradstock via OilPrice.com,

• Alef Aeronautics, based in San Mateo, California, has seen an impressive number of pre-orders for its two-seater eVTOL vehicle, Model A, with plans to develop a four-seater sedan, Model Z, by 2035.

• The company has received a Special Airworthiness Certificate from the FAA for its Model A, highlighting its innovative design and potential for commercial viability in personal and urban mobility.

• Competitors like Joby Aviation and (more…)

Two weeks after Rivian Automotive Inc. announced a disappointing production forecast and another round of job cuts, the company's CEO revealed that the construction of a $5 billion factory in Georgia would be put on hold to reduce costs. 

CEO RJ Scaringe unveiled a crossover EV called the R3. The new model will be priced lower than the R2 to increase affordability and boost sales. 

Scaringe also surprised investors by announcing its new factory at the Georgia site east of Atlanta (more…)