Here are the top trending stories from the world of technology
1)
Intel is planning an IPO for its self-driving car unit
Chip maker Intel has announced that it is planning to roll out an IPO in the U..S market for its self-driving car unit Mobileye in 2022. Mobileye is a profitable Israeli based company, which Intel had bought in 2017. Intel is facing pressure in its chip business and is pinning its hope on its newly acquired auto business for propelling its future growth. Intel’s shares were trading high in the American following this business (Click here)
2)
CFO of Lyft (Uber’s rival) departs
Brian Roberts, the long-time CFO of Lyft, has put down his papers. Roberts had joined the Uber’s rival company in 2014 and played a major role in helping the company to take public. He will now join web3 crypto startup OpenSea (Click here)
3)
Tesla is facing SEC probe
Following a whistleblower’s complaint, the US Securities and Exchange Commission has launched a probe against Tesla. The whistleblower has alleged that Elon Musk’s company failed to divulge array of safety risks related to its safety panels (Click here)
4)
US based Crypto Exchange, which was hacked last week, said that it will compensate its victims
BitMart has said that it will reimburse all those victims who lost all their investment in a major security breach that took last weekend. The security breach caused a major financial loss, with hackers stealing as much $150 Mn to $196 Mn in assets from the platform (click here)
5)
WhatsApp users can now make messages disappear (by default)
WhatsApp has added more features to its disappearing message feature. This new feature will soon allow WhatsApp users to allow its messages to be automatically deleted after a set period of time. When the instant messaging giant introduced this disappearing message function, it was never rolled out as default feature (Click here)