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Self-driving cars may ferry people across Vegas through tunnels someday

Billionaire Elon Musk’s Boring Company has acquired permissions to build a network of tunnels underneath the city of Las Vegas in the US, which will be used to ferry passengers around the city.
The tunnels will be used to take passengers from hotel casinos, the Las Vegas Convention Center, the airport, its football stadium and more.
At the moment, the Boring Company operates a smaller version of its tunnels underneath the Last Vegas Convention Center.

[Via]

Daily.

Tencent backs Indian social media Lokal

TechCrunch reported in August that India’s Pocket FM was in advanced talks to raise a round from Tencent and others.
The Chinese giant, which has invested over $2 billion in Indian startups since 2016, also invested over $200 million in Indian social media platform ShareChat earlier this year, though the startup didn’t disclose Tencent’s involvement at the time of announcement.
The firm, which also poured in more money in Indian music streaming service Gaana, has made several recent investments in Indian firms as convertible debts to buy the parties time for approval and give Tencent the option to convert its debt into an equity investment in future.

[Via]

Daily.