Fintech
1. Hong Kong to launch Asia’s first inverse Bitcoin ETF
CSOP’s new inverse Bitcoin ETF aims to profit from BTC price declines following their successful 2022 launch of the firm’s Bitcoin Futures ETF. (Cointelegraph)
IT infrastructure
2. Google scraps plan to remove cookies from Chrome
Google is planning to keep third-party cookies in its Chrome browser, it said on Monday, after years of pledging to phase out the tiny packets of code meant to track users on the internet. (Yahoo finance)
3. Ladbrokes owner Entain names former Scientific Games chief Gavin Isaacs as CEO
Ladbrokes owner Entain on Monday named Gavin Isaacs, former CEO of betting group Scientific Games, as its new boss, aiming to bring stability to the British gambling company at a time when regulatory challenges are hurting its profit. (US news)
4. Ocado boosted as partner Kroger orders new automated technologies
British online supermarket and technology group Ocado said on Monday its U.S. partner Kroger had placed an order for a wide range of new automated technologies to roll out in warehouses across its network. (Business Reporter)
5. Renault CEO calls for flexibility in European EV transition timeline
De Meo says the EU’s 2035 deadline for stopping new ICE sales needs “flexibility.” (Automotive News Europe)
Tech trends
6. Tesla to have humanoid robots for internal use next year, Musk says
Elon Musk has backtracked on claims made in April that Tesla’s humanoid robots would be ready to sell by 2025. (Verdict)
7. Embraer’s Eve rolls out flying taxi prototype, cash needs covered until 2027
Electric aircraft maker Eve has showcased for the first time the full-scale prototype of its “flying taxi,” achieving a milestone as the company aims to obtain certification and enter service in 2026. (Fidelity)
8. India ed-tech firm Byju’s founder faces reckoning as startup implodes
Byju Raveendran, an Indian mathematics whiz who soared from teacher tostartup billionaire before his education-technology company imploded, nowfaces his biggest test. (The Times of India)
9. Intel says it has found the issue causing 13th and 14th Gen CPUs to crash
Now, Intel plans to address the processors’ troublesome ‘elevated operating voltage’ with a microcode patch. (Verge)
10. Rivian CEO says CarPlay isn’t going to happen
Rivian CEO RJ Scaringe tells The Verge that he wants his company, not Apple, to control its ecosystem. (Verge)
11. Slack introduces iPhone widgets to make work more inescapable
The first Slack iOS widgets make it easier to catch up on missed conversations and update your status. (Verge)
12. Rivian’s sporty R3X will be the first R3 to hit the streets
Rivian CEO RJ Scaringe tells The Verge that the company will launch the highly anticipated R3X ‘as soon as we possibly can.’ (Verge)
