Monthly Archives: September 2022

South Korean prosecutors ask Interpol for help in locating TerraUSD developer Do Kwon

Over the weekend, Terraform Labs’ CEO and co-founder Do Kwon took to Twitter to say that he was not “on the run” or “anything similar.” He made the statement after South Korean authorities issued an arrest warrant for him and five other people connected to Terraform Labs for violating the country’s capital markets laws last…

Elon Musk said Starlink will request exemptions from Iran sanctions to provide internet services amid anti-government protests after a woman died in police custody

A protest in Tehran over the death of a young woman who died in police custody. Associated Press SpaceX CEO Elon Musk will seek exemption from sanctions against Iran to provide internet service. His tweet came amid protests in Iran over the death of a young woman who died in police custody. People in Iran…

Instacart’s new service lets you skip the checkout line with smart shopping cart

Instacart is launching its Connected Stores program consisting of six new technologies combining online and in-store shopping to create a personalized experience. The program is first coming to a Bristol Farms location in Irvine, California, according to the announcement, with plans to expand. Prior to this, Instacart tested a pilot version of Connected Stores across…

Read the memo Singapore billionaire Forrest Li sent to employees of Shopee, the Amazon of Southeast Asia, as the company’s losses widen and it prepares for layoffs

Shopee was founded in 2015 in seven markets across Southeast Asia and has since expanded operations into 13 markets total. NurPhoto / Contributor / Getty images A 1,000-word internal staff memo outlines Shopee’s 12-18-month plan to achieve self-sufficiency. The company’s executive team will temporarily forgo cash compensation, per the memo. Once the darling of the…