Modern Treasury makes it easy to build products that move money. We provide a platform for companies like Marqeta/BlockFi/ClassPass to manage money movement from their bank accounts. Try us if you're building money flows for a marketplace, fintech app, lending business, etc. Checkout our docs and see how easy it is to build products that move money with Modern Treasury. Learn more.
Glance is planning to launch its lock screen platform in the US within two months. It is currently engaging with wireless carriers for partnerships. Glance's platform serves media content, news, and games on Android lock screens. It is installed on about 400 million smartphones in Asian markets. Glance is building a premium offering for the US. It plans to expand globally in the coming years.
TikTok has canceled its plans to bring TikTok shopping to the US after a failed UK launch. The launch was hit with internal problems and the feature struggled to gain traction with consumers. TikTok Shop's lead executive was replaced after saying that he didn't believe in maternity leave. Staff complained about a toxic workplace with demanding expectations. Many TikTok Shop streams achieved poor sales despite subsidies and cash incentives.
The international LHCb collaboration has observed three new particles: a pentaquark, a doubly electrically charged tetraquark, and a neutral tetraquark. It was the first time a pair of tetraquarks has been observed. The discoveries will help theorists develop a unified model of exotic hadrons and better understand conventional hadrons.
Polar Night Energy has set up the world's first commercial-scale sand battery in a town in western Finland. Sand batteries are towers of sand that store and discharge heat energy. Sand is a relatively inexpensive alternative to other battery materials and it can store heat for months. Polar Night Energy's battery currently powers the central heating system for the town.
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Radix Primitives is a UI component library for building accessible design systems and web apps. The components are accessible, unstyled, customizable, and uncontrolled by default. Each primitive can be installed individually.
Chinese electric vehicle manufacturer BYD is now the biggest producer of electric vehicles in the world. BYD is also the world's second-biggest producer of EV batteries. The Shenzhen-based company sold 641,000 vehicles during the first six months of 2022. Tesla was impacted by lockdowns in China that prevented production. BYD's factories are mostly located in regions that have not been affected by extended lockdowns.
Notch is selling Instagram account insurance starting at $8 a month. The company will pay a calculated amount to its customers for every day that they are locked out of their accounts after a hack. It will use a number of metrics to craft its policies. Notch will only cover hacks, and customers must have multi-factor authentication turned on. The insurance will not cover bans or suspensions.