Today's Technology News
Kia EV5 revealed, but US future is uncertain for this electric crossover
Following the launch of the new EV9, the next product in Kia's EV onslaught is the smaller EV5. The first round of EV5s will go on sale in China and South Korea in the coming months. However, it is uncertain whether the EV5 will come to the US. Sources within Kia have both confirmed and denied plans to bring this SUV to the US. Kia confirms that the EV5 will come to North America, but this may just mean Canada and possibly Mexico. The reason behind this uncertainty is that the EV5 is not planned to be built in North America, which would make it ineligible for the new Inflation Reduction Act (IRA) tax credit.
Read more: Ars Technica
Caroline Ellison Says She and Sam Bankman-Fried Lied for Years
In her second day testifying at the trial of FTX founder Sam Bankman-Fried, Caroline Ellison admitted that she had misled lenders and circulated phony financial documents at Bankman-Fried's request.
Read more: The New York Times
CEO David Baszucki's mission to make Roblox a billion-player platform
David Baszucki, the CEO of Roblox, has a mission to make the platform a billion-player platform. He discusses the challenges of AI integration and expansion into China.
Read more: The Verge
Instagram head Adam Mosseri reiterates Threads' position on hard news
Adam Mosseri, the head of Instagram, states that the platform's new app Threads will not "amplify" news due to potential risks.
Read more: TechCrunch
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