Month: October 2023

There was a heavy dose of the future at the 2023 Japan Mobility Show

As the auto show tries to reinvent itself, Japan lets some interesting ideas loose.

A person rides in the Sansei SR-02 walker at the 2023 Japan Mobility Show

Enlarge / The Sansei SR-02 was among the exhibits at this year's Japan Mobility Show that gave it a feel of the future. (credit: Evan Williams)

The latest trend in auto shows around the world is to convince us that they aren't auto shows. The car show is out and the mobility show is in, and that means different things for different markets. The Frankfurt International Auto Show, for example, is now IAA Mobility; it has moved to Munich and features loads of bicycles. The Japan Motor Show is now the Japan Mobility Show, but instead of bicycles, it's packed with surreal and sci-fi-ready ways to get you around, some of which are available now.

Here's a look at the most interesting products from this year's show.

Honda eVTOL

Honda has always been about more than cars, and that was on display at the Japan Mobility Show, starting with its eVTOL concept.

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Zinsen: Experten sehen Kollaps des Glasfasermarktes in Deutschland

Bei vielen Glasfaser-Betreibern soll es Probleme geben, weil der Ausbau nicht wie geplant vorankommt und die Kosten wegen Zinswende und Inflation immer weiter steigen. Eine Studie kommt zu eine Kollaps-Prognose. (Glasfaser, Telekom)

Bei vielen Glasfaser-Betreibern soll es Probleme geben, weil der Ausbau nicht wie geplant vorankommt und die Kosten wegen Zinswende und Inflation immer weiter steigen. Eine Studie kommt zu eine Kollaps-Prognose. (Glasfaser, Telekom)

One year after being bought for $44 billion, X is worth $19 billion

Company is giving employees equity based on a share price of $45.

Twitter's old bird logo next to the X logo that replaced it.

Enlarge (credit: Getty Images | NurPhoto )

Social media platform X, formerly known as Twitter, has valued its equity at $19 billion, the company told employees, a year after Elon Musk acquired it in a $44 billion deal.

In an internal note sent to staffers on Monday, the company said it was awarding equity, or restricted stock units, to employees at $45 a share, according to two people familiar with the matter. Based on the employee equity plan, that gives it a valuation of around $19 billion, the document said.

The new valuation, first reported by Fortune, comes a year after Musk, the billionaire entrepreneur and Tesla chief executive, acquired the company for $44 billion, including $13 billion of debt, just before a tech stock sell-off.

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