Tesla is recalling 2,431 Cybertrucks built between November 6, 2023 and July 30, 2024 due to a faulty drive inverter that can cause loss of propulsion.

Source: https://techcrunch.com/category/fintech/

President-elect Trump appointed Elon Musk to co-lead the Department of Government Efficiency (DOGE), a newly created advisory commission. The name is a reference to the Doge meme, which Musk has supported.

Source: https://techcrunch.com/category/fintech/

Source: https://techcrunch.com/category/fintech/

Source: https://techcrunch.com/category/fintech/

Amazon has launched a new discount store, Amazon Haul, offering low-cost items similar to Temu and Shein. The store is currently available on mobile app or mobile web browser only, with most items shipped from China. The design of the landing page resembles that of Shein and Temu, with items displayed in grids and shipping times and star ratings not visible unless clicked. Some items are marked with rocketship emojis to indicate fast-selling items.

Source: https://techcrunch.com/category/fintech/

A data breach at Hot Topic in October exposed the personal information of 57 million customers, including email addresses, addresses, phone numbers, purchase history, and partial credit card data.

Source: https://techcrunch.com/category/fintech/

President-elect Donald Trump announced that Elon Musk and Vivek Ramaswamy will co-lead the Department of Government Efficiency (DOGE) to dismantle bureaucracy, reduce regulations, and cut wasteful expenditures.

Source: https://techcrunch.com/category/fintech/

Apple is reportedly releasing a wall-mounted smart home hub with a 6-inch touchscreen, expected to control smart home appliances, make video calls, and run on a new OS.

Source: https://techcrunch.com/category/fintech/

Bluesky, an alternative social media platform, has gained popularity with over 14.5 million users due to its rapid growth and policy changes at Twitter. It became open to the public in February 2024 and has attracted users with its focus on privacy and AI features.

Source: https://techcrunch.com/category/fintech/

Lena Dunham is writing a screenplay for Apple and A24 based on Michael Lewis' book 'Going Infinite' about Sam Bankman-Fried and the collapse of FTX. Amazon is also developing a limited series about the same topic.

Source: https://techcrunch.com/category/fintech/