Tesla Thwarts Ransomware While Xpeng Raises $1.5 Billion in US Debut
Today's top tech news includes Elon Musk confirming a foiled cyberattack on Tesla and Chinese electric vehicle startup Xpeng Motors raising $1.5 billion. Other major stories cover Walmart teaming up with Microsoft to pursue TikTok and Facebook's ongoing battle with Apple over ad tracking.
Elon Musk confirms that Tesla successfully stops a foiled ransomware attack, highlighting the growing cybersecurity threats facing major automakers. Meanwhile, Chinese electric vehicle startup Xpeng Motors raises $1.5 billion in its United States public market debut, signaling strong investor interest in the global EV sector.
The ongoing TikTok saga continues as Walmart officially expresses interest in acquiring the popular video app by teaming up with Microsoft. In the social media space, Facebook publicly voices frustration over Apple's upcoming ad tracking restrictions and takes legal action against developers who violate terms to collect user data and sell fake engagement.
Other notable developments include Discord reporting that user abuse reports have doubled since last year, and Box raising its growth forecast as it benefits from the ongoing digital transformation. On the hardware front, LG releases a unique wearable air purifier, while Bollinger showcases a new electric delivery van scheduled for production in 2022.