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WhatsApp-Facebook data-sharing transparency under review by EU DPAs after Ireland sends draft decision

A long-running investigation in the European Union focused on the transparency of data-sharing between Facebook and WhatsApp has taken the first major step toward a resolution. Ireland's Data Protection Commission (DPC) confirmed Saturday it sent a draft decision to fellow EU DPAs toward the back end of last year. This will trigger a review process of the draft by other DPAs.

Intel Chairman Gears Up For $1B Health-Tech SPAC IPO: Report

Intel Corporation (NASDAQ: INTC) Chairman Omar Ishrak is working towards gathering funds for a health technology special purpose acquisition company (SPAC), Bloomberg reported Monday.What Happened: The former Medtronic plc (NYSE: MDT) CEO could file registration documents with the United States Securities and Exchange Commission for an initial public offering as early as Tuesday, people familiar with the matter told Bloomberg.Ishrak reportedly aims to raise approximately $750 million to $1 billion for the blank-check company.Why It Matters: SPACs accounted for over half the total number of initial public offerings in the United States last year. Mergers with blank check companies gained popularity as a chosen method to go public in 2020, raising $79 billion in the year.See Also: Investors Want A Chamath Palihapitiya ETF And They Might Get It SoonSo far in 2021, 53 blank check companies have raised $15 billion in such listings and 47 more SPACs have announced plans to raise $11.7 billion in January, as per Bloomberg.Price Action: Intel shares closed nearly 2.8% at $57.58 on Friday and fell 0.24% in the after-hours session.Read Next: 6 Sports SPACs To Consider For Your Investing PlaybookPhoto courtesy: World Economic Forum via WikimediaSee more from Benzinga * Click here for options trades from Benzinga * Apple Could Bring Radical Changes To MacBook Pro 2021: What We Know * Why Cramer Sees Intel Shakeup As A Buy Opportunity In Rival Chipmaker(C) 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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  Investors Want A Chamath Palihapitiya ETF And They Might Get It Soon

  Benzinga
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  Intel Chairman Planning Up to $1 Billion Health-Tech SPAC IPO

  Bloomberg

Xpeng Unveils Autonomous Driving Feature Akin To Tesla's: What You Need To Know

Xpeng Inc (NYSE: XPEV) has unveiled a new beta autonomous driving solution, which will help its flagship P7 sedan compete with similar offerings from Tesla Inc (NASDAQ: TSLA), CNBC reported Monday.What Happened: The new feature -- called the Navigation Guided Pilot (NGP) -- is a part of the company's XPILOT 3.0 autonomous driving package, the company said in a statement. Xpeng said that the NGP function is expected to be released to customers in China in the next few weeks.The Guangzhou, China-based automaker said on its launch the feature would be implemented in the Premium version of the P7 with the "XPILOT 3.0" system."[NGPs] full-scenario high-definition positioning capability solves HD-map positioning challenges for China's highly complex road conditions, including areas with no GPS signals," said Xpeng.Why It Matters: NGP will allow the P7 to automatically change lanes, change speed or overtake other vehicles and enter or exit highways, according to CNBC. Xpeng's NGP provides features similar to Tesla's "Navigate on Autopilot," the publication noted.Tesla CEO Elon Musk said last month that its own full-self driving software would get "absurdly good" in the future.See Also: Tesla Rolls Out Full Self-Driving Beta Version, With A 'Slow' And 'Cautious' ApproachXpeng deliveries rose 266% in the third quarter on a year-on-year basis as the company delivered 8,578 units in that period. Rival Nio Inc (NYSE: NIO) delivered 18.15% more vehicles on a quarter-over-quarter basis in Q3, while Li Auto Inc (NASDAQ: LI) deliveries surged 31.13% in the same period.Price Action: Xpeng shares closed 4.95% lower at $47.82 on Friday. On the same day, Tesla shares closed almost 2.2% lower at $826.16 and fell nearly 0.3% in the after-hours session.Related Link: Nio Day 2020: EV Maker Shows Off ET7 Sedan, New Power Swap Station, 150kWh Battery Pack, ADaaS And MoreClick here to check out Benzinga's EV Hub for the latest electric vehicles news. Photo courtesy: Jengtingchen via WikimediaSee more from Benzinga * Click here for options trades from Benzinga * Tesla Begins Model Y SUV Deliveries in China: What You Need To Know * Self-Driving Vehicles Can Now Be Made Without Steering Wheels Under New NHTSA Rules(C) 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.