Lucid Motors is raising another $1 billion from its biggest financial backer, Saudi Arabia, as it looks to blunt the high costs associated with building and selling its luxury electric sedan. The company announced in a Monday morning regulatory filing that Ayar Third Investment, an affiliate of Saudi Arabia’s Public Investment Fund, has agreed to […]
Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Monday show, in which we look back at the weekend what’s ahead in the week before us. Today on the show we had a lot of ground to cover: […]
Christian Horner has admitted that Red Bull’s current “nemesis” Carlos Sainz – the only driver from a rival team to win races in the past 16 months – cannot be discounted as a contender for the vacant seat at the F1 world champions for 2025. Sainz, who began his F1 career as a Red Bull-backed […]
Tinder-owner Match Group has appointed two new members to its board of directors and signed an agreement with Elliott Management, the company announced on Monday. Chief marketing officer at Instacart, Laura Jones, and Zillow co-founder Spencer Rascoff, will be joining the board, effective immediately. Match said in a press release that the appointments followed a […]
The negotiations between Fisker and a large automaker — reported to be Nissan — over a potential investment and collaboration have been terminated, a development that puts a separate near-term rescue funding effort in danger. Fisker revealed in a Monday morning regulatory filing that the automaker terminated the negotiations March 22. It did not explain […]
Home décor and accessories brand FabCuro has opened its first brick-and-mortar outlet in Bengaluru. Located in the metro’s Indira Nagar neighbourhood, the spacious outlet marks the brand’s offline debut. Inside FabCuro’s first Bengaluru store – FabCuro “The architecture is designed to give every person who walks into the store the complete art connoisseur experience,” said FabCuro’s […]
Steve Clarke says he may make one less change than planned against Northern Ireland – and would prioritise a win over a good performance – after defeat to the Netherlands left Scotland winless in six games Source link
Startup visionaries, time is of the essence! There are only 5 days left to take advantage of the early-bird savings for TechCrunch Early Stage 2024. Don’t let this opportunity slip through your fingers — secure your ticket now and save big before it’s too late! Savings end Friday, March 29 at 11:59pm PT. Here’s a […]
Boeing’s chief executive Dave Calhoun will leave the plane-maker by the end of 2024, according to the company. The company has been rocked by controversy after a cabin panel blowout on one of its planes, and a number of other serious safety incidents. Boeing operates an innovation acceleration program aimed at startups called Aerospace Xelerated, […]
Screenshot/Bill Maher X HBO talk show host and comedian Bill Maher said that the Democratic party’s constant racial “pandering” is not working. On his latest episode of ‘Real Time with Bill Maher,’ he told them that harping on identity politics was outdated and simply not effective. To put it mildly. RELATED: Former Obama Fundraiser Blasts […]