EV startup Canoo has filed for bankruptcy

EV startup Canoo has filed for bankruptcy

Source: The Verge Canoo announced yesterday it is ceasing operations “immediately” and that it has filed for Chapter 7 bankruptcy in Delaware. The EV startup estimates in its filing that its assets are worth $126 million and that it owes over $164 million to its creditors, TechCrunch noted yesterday. Now, the US will appoint “a…

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Instagram Reels can be 3 minutes long now

Instagram Reels can be 3 minutes long now

Source: The Verge Instagram will now let you upload Reels that are up to 3 minutes long, doubling the 90-second limit the platform had in place before, Instagram boss Adam Mosseri announced today. He credits today’s change to users’ feedback saying that the 90 seconds “is just too short.” That’s a big turnaround for Mosseri,…

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