Polestar’s SPAC brings its value to a mammoth $20 billion

Did you know SHIFT istaking the stage on Sept 30 and Oct 1? Together with an amazing line-up of experts, we will explore the future of mobility during TNW Conference 2021.Secure your ticket now! Swedish electric car maker Polestaris the latest company planning a deal to go public through a special purpose acquisition company (SPAC). A deal with Gores Guggenheim Inc will raise a whopping $20 billion.As a result, Polestar gainsthree timesits projected revenues for 2023....

5 min · 936 words · Bonnie Nguyen

Police arrest “high-end” iPhone counterfeiters in Shanghai, China

Five people have been arrested in Shanghai, China for making and selling “high-end” fakes of the Apple iPhone, according to the Chinese newspaperShanghai Daily,as reported byReuters. The accused were found with over 200 replicas of the iPhone in their possession during the police crackdown, all of which were made using several genuine components and were very hard to distinguish from the originals. The components were being sourced from the Guangdong province and the devices assembled in Shanghai....

2 min · 273 words · Jay Page

Police break up the world’s largest online pedophile ring [Updated]

The BBChas just reportedthe world’s largest Internet pedophile ring has been broken up. According to Rob Wainwright, head ofEuropol, the European Police Agency, the network of pedophiles had 70,000 members and links to 30 countries. Thus far, the authorities have identified 670 suspects and 230 abused children. “Six-hundreds-and-seventy suspects have been identified, 184 arrests have already been made and 230 children, the victims of these terrible crimes, have been identified and rescued from further harm,” Europol’s director Rob Wainwright told journalists in The Hague as reported inthe Times of India, “We expect these numbers to rise further....

3 min · 480 words · Luis Lee

Police involved as Microsoft breaks up Huddle’s publicity stunt [Video]

The police were called outside Microsoft’sSharePoint conferenceat the Anaheim Convention Center today when collaborative cloud sharing software startupHuddlepulled a PR stunt in the form of marching a 120 person band, plus ten cheerleaders accompanying American footballers, into the conference center’s entrance. In full disclosure; I was doing some video work for Hudddle via my production company Newspepper, but I felt blogging about the incident necessary when the drama unfolded and police were called by organizers at the Sharepoint conference....

2 min · 338 words · Nancy Choi

Police use Flickr to identify London riot suspects

London has been the scene of utter chaos over the past few days, and last night it hit a new peak when it seemed many parts of the UK capital were under siege, from north to south. Whilst many criticisms have been flung at the lack of police presence in many areas, theMetropolitan Policehas now turned toFlickrto help the public finger many of the perpetrators. The Metropolitan Police’s Flickrphoto streamincludes some of the people it believes have been involved in the riots, and at the time of writing there are 15 images to view....

2 min · 341 words · William Armstrong
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