Snap, the parent company of Snapchat, has acquired AI Factory, a Ukranian startup that powers a new animated selfie feature in the Snapchat app. A Snap spokesperson confirmed the deal, which the Ukrainian news outlet AIN first reported. AI Factory was founded by Victor Shaburov, who sold his previous company, Looksery, to Snap in 2015. That acquisition led to Snapchat’s augmented reality...
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The Electric electric vehicles
The Electric: Western Auto and Battery Makers’ Big Gamble on Indonesian Nickel
For much of the last century, metals companies have made stainless steel from nickel mined in Russia or the Philippines and smelted at temperatures up to 2,900 degrees. But demand for nickel is outstripping supplies because the metal is a key component in most electric vehicle batteries. So metals producers have turned to a new supplier—Indonesia, which possesses vast reserves of a previously...
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