WeWork, once valued at $47 billion, will be worth as little as $7.5 billion on paper as SoftBank takes control of the struggling co-working business, CNBC .SoftBank, a long-time WeWork investor, plans to invest between $4 billion and $5 billion in exchange for new and existing shares, according to CNBC. The deal, expected to be announced as soon as tomorrow, represents a lifeline for WeWork, which is said to be mere weeks from running out of cash and has been as it attempts to lessen its cash burn.WeWork declined to comment.To be clear, it is reportedly the Vision Fund’s parent company,...…WeWork, once valued at $47 billion, will be worth as little as $7.5 billion on paper as SoftBank takes control of the struggling co-working business, CNBC .SoftBank, a long-time WeWork investor, plans to invest between $4 billion and $5 billion in exchange for new and existing shares, according to CNBC. The deal, expected to be announced as soon as tomorrow, represents a lifeline for WeWork, which is said to be mere weeks from running out of cash and has been as it attempts to lessen its cash burn.WeWork declined to comment.To be clear, it is reportedly the Vision Fund’s parent company,...WW…

the blockchain, but how? Back in May, Facebook  to explore the possibilities, and today it removed a roadblock to revealing its secret plans.Former head of Messenger David Marcus, who leads the Facebook Crypto team, today announced he was stepping down from the board of Coinbase, the biggest crypto startup. Marcus was formerly the president of PayPal and helped Facebook Messenger adopt chatbot commerce and peer-to-peer payments, so he was both a natural choice for Coinbase’s board and Facebook’s blockchain skunklabs.Facebook told this was to avoid the appearance of a conflict of...…the blockchain, but how? Back in May, Facebook  to explore the possibilities, and today it removed a roadblock to revealing its secret plans.Former head of Messenger David Marcus, who leads the Facebook Crypto team, today announced he was stepping down from the board of Coinbase, the biggest crypto startup. Marcus was formerly the president of PayPal and helped Facebook Messenger adopt chatbot commerce and peer-to-peer payments, so he was both a natural choice for Coinbase’s board and Facebook’s blockchain skunklabs.Facebook told this was to avoid the appearance of a conflict of...WW…

of online misinformation and clickbait, how do you know whether a publication is trustworthy?Startup is trying to solve this problem with reviews from both journalists and regular readers. These reviews are then aggregated into an overall credibility score (or rather, scores, since the journalist and reader ratings are calculated separately). So when you encounter an article from a new publication, you can check their scores on Credder to get a sense of how credible they are.Co-founder and CEO Chase Palmieri compared the site to movie review aggregator Rotten Tomatoes. It makes sense,...…of online misinformation and clickbait, how do you know whether a publication is trustworthy?Startup is trying to solve this problem with reviews from both journalists and regular readers. These reviews are then aggregated into an overall credibility score (or rather, scores, since the journalist and reader ratings are calculated separately). So when you encounter an article from a new publication, you can check their scores on Credder to get a sense of how credible they are.Co-founder and CEO Chase Palmieri compared the site to movie review aggregator Rotten Tomatoes. It makes sense,...WW…

A Tesla vehicle involved in a collision burst into flames and exploded on a highway near Moscow last night, . The occupants were slightly injured, but the car is toast.The model of the car is not clear from reporting, but seems to be either a Model S or Model 3. It was being driven by a 41-year-old Russian man, who had his children with him. He had reportedly engaged a drive assist feature (though not necessarily Autopilot) and had his hands on the wheel when he crashed into a tow truck in the left lane.The driver broke his legs and the kids got away with just bruises, , but the car wasn’t...…A Tesla vehicle involved in a collision burst into flames and exploded on a highway near Moscow last night, . The occupants were slightly injured, but the car is toast.The model of the car is not clear from reporting, but seems to be either a Model S or Model 3. It was being driven by a 41-year-old Russian man, who had his children with him. He had reportedly engaged a drive assist feature (though not necessarily Autopilot) and had his hands on the wheel when he crashed into a tow truck in the left lane.The driver broke his legs and the kids got away with just bruises, , but the car wasn’t...WW…

Facebook has diverted from its policy of not fact-checking politicians in order to prevent the spread of potentially harmful coronavirus misinformation from Brazilian President Jair Bolsonaro. Facebook made the decisive choice to remove a video shared by Bolsonaro on Sunday where he claimed that “hydroxychloroquine is working in all places.” That’s despite the drug still undergoing testing to determine its effectiveness for treating COVID-19, which researchers and health authorities have not confirmed.“We remove content on Facebook and Instagram that violates our Community Standards, which...…Facebook has diverted from its policy of not fact-checking politicians in order to prevent the spread of potentially harmful coronavirus misinformation from Brazilian President Jair Bolsonaro. Facebook made the decisive choice to remove a video shared by Bolsonaro on Sunday where he claimed that “hydroxychloroquine is working in all places.” That’s despite the drug still undergoing testing to determine its effectiveness for treating COVID-19, which researchers and health authorities have not confirmed.“We remove content on Facebook and Instagram that violates our Community Standards, which...WW…

In a move to boost family subscriptions to its app, Spotify this morning announced the launch of a dedicated which allows children three and up to listen to their own music, both online and offline, as well as explore playlists and recommendations picked by experts, and more. The music selection is also filtered so songs won’t have explicit content.The launch is a first in the online music streaming space, where kids on parents’ music plans typically sign in through the same app — just with a different login. But Spotify believes children deserve their own space, where the music they listen...…In a move to boost family subscriptions to its app, Spotify this morning announced the launch of a dedicated which allows children three and up to listen to their own music, both online and offline, as well as explore playlists and recommendations picked by experts, and more. The music selection is also filtered so songs won’t have explicit content.The launch is a first in the online music streaming space, where kids on parents’ music plans typically sign in through the same app — just with a different login. But Spotify believes children deserve their own space, where the music they listen...WW…

A collision at sea that claimed the lives of 10 sailors has led to the Navy deciding to in some ships with more traditional mechanical controls. “Just because you can doesn’t mean you should,” a Navy official said of the outgoing technology.The crash in question involved the U.S.S. John S. McCain and an oil tanker in August of 2017. The sailors at the helm lost control of the ship and put it in the path of the tanker, resulting in the collision that killed 10 and injured 58 more.A National Transportation Safety Board investigation was issued recently and found that essentially, the sailors...…A collision at sea that claimed the lives of 10 sailors has led to the Navy deciding to in some ships with more traditional mechanical controls. “Just because you can doesn’t mean you should,” a Navy official said of the outgoing technology.The crash in question involved the U.S.S. John S. McCain and an oil tanker in August of 2017. The sailors at the helm lost control of the ship and put it in the path of the tanker, resulting in the collision that killed 10 and injured 58 more.A National Transportation Safety Board investigation was issued recently and found that essentially, the sailors...WW…

Facebook could soon start hiding the Like counter on News Feed posts to protect users’ from envy and dissuade them from self-censorship. in 7 countries including Canada and Brazil, showing a post’s audience just a few names of mutual friends who’ve Liked it instead of the total number. The idea is to prevent users from destructively comparing themselves to others and possibly feeling inadequate if their posts don’t get as many Likes. It could also stop users from deleting posts they think aren’t getting enough Likes or not sharing in the first place.Facebook prototypes hiding like counts...…Facebook could soon start hiding the Like counter on News Feed posts to protect users’ from envy and dissuade them from self-censorship. in 7 countries including Canada and Brazil, showing a post’s audience just a few names of mutual friends who’ve Liked it instead of the total number. The idea is to prevent users from destructively comparing themselves to others and possibly feeling inadequate if their posts don’t get as many Likes. It could also stop users from deleting posts they think aren’t getting enough Likes or not sharing in the first place.Facebook prototypes hiding like counts...WW…

A little more than a year ago, during Tesla’s 2019 shareholder’s meeting, CEO Elon Musk said the company “might get into the business of mining minerals used in electric vehicle batteries.”Today, during Tesla’s so-called Battery Day event, Musk confirmed that the company is taking the first official step byThe lithium mine is just one piece of Tesla’s broader plan to build a cheaper, more efficient battery that will ultimately allow it to lower the price of its vehicles. It’s also another example of Tesla aiming to bring its supply chain closer to its home.Musk and Drew Baglino, the SVP of...…A little more than a year ago, during Tesla’s 2019 shareholder’s meeting, CEO Elon Musk said the company “might get into the business of mining minerals used in electric vehicle batteries.”Today, during Tesla’s so-called Battery Day event, Musk confirmed that the company is taking the first official step byThe lithium mine is just one piece of Tesla’s broader plan to build a cheaper, more efficient battery that will ultimately allow it to lower the price of its vehicles. It’s also another example of Tesla aiming to bring its supply chain closer to its home.Musk and Drew Baglino, the SVP of...WW…

today that all of its core features are now available to all users, including those that are currently on free accounts. That means free unlimited private repositories with unlimited collaborators for all, including teams that use the service for commercial projects, as well as up to 2,000 minutes per month of free access to GitHub Actions, the company’s .Teams that want more advanced features like code owners or enterprise features like SAML support will still have to upgrade to a paid plan, but those now start at $4 per month and user for the Teams plans instead of the previous $9, with...…today that all of its core features are now available to all users, including those that are currently on free accounts. That means free unlimited private repositories with unlimited collaborators for all, including teams that use the service for commercial projects, as well as up to 2,000 minutes per month of free access to GitHub Actions, the company’s .Teams that want more advanced features like code owners or enterprise features like SAML support will still have to upgrade to a paid plan, but those now start at $4 per month and user for the Teams plans instead of the previous $9, with...WW…