Business
Elon Musk Announces Tesla Will Reveal Autonomous Taxi on August 8
Merely hours after Elon Musk accused Reuters of spreading falsehoods regarding Tesla's abandonment of its $25,000 affordable electric vehicle (EV)...
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Electric Vehicle Challenges in China Pose Concern for Elon Musk’s Business Strategy
Both BYD and Tesla reported weak sales in the first quarter, highlighting a global slowdown in electric vehicle (EV) demand....
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Apple Dismisses Over 600 California Employees Following Cancellation of Electric Vehicle Project
Apple is terminating 614 employees in California following the discontinuation of its electric vehicle initiative. The company issued a WARN...
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Dell Laid Off 13,000 Workers Over the Past Year
Dell had 120,000 employees globally as of Feb. 2, the technology hardware maker said Monday in a filing. That’s down...
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Hyundai-Backed Motional Gets Financial Boost with Bridge Loan
Autonomous vehicle technology startup Motional has secured a bridge loan that provides a temporary financial reprieve as the company searches...
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Lumen Orbit Revealed: Secures $2.4M Funding to Propel Data Centers Into Space
Bellevue, Wash.-based Lumen Orbit, a startup that’s only about three months old, says that it’s closed a $2.4 million pre-seed investment...
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Jeff Bezos bumps Elon Musk from billionaires top spot with net worth of $200.3B
Jeff Bezos is back on top of the Bloomberg Billionaires Index for the first time since 2021, overtaking Elon Musk...
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Rover’s Next Chapter: Pet-Sitting Giant Seals $2.3B Deal with Blackstone
A new era commences at Rover. Following the completion of its $2.3 billion deal with Blackstone on Tuesday, the Seattle-based...
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Empowerly Raises $15M to Expand Its College Counseling Services
Empowerly, an edtech startup that specializes in college counseling and career guidance services, raised $15 million in a recent...
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Robotic Bricklaying: Dutch Startup Monumental Revolutionizes Construction
Few industries are as poised for disruption through automation as construction. With a yearly valuation of approximately $2 trillion in...
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Upstash Achieves $1M ARR Milestone in Just Two Years Post Seed Funding for Its Serverless Data Platform
Upstash announced a $1.9 million seed round almost exactly two years ago, and an idea for building a serverless data platform...
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UK Sets Firm Safety Rules for AI Startups, Keeping Them Steady
The UK government is considering implementing mandatory safety requirements for cutting-edge AI systems developed in the country. While...
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Ex-Amazon and Airbnb engineers raise $1.25M for enterprise AI agent developer Cimba.ai
Seattle startup Cimba.ai emerged from stealth mode and announced a $1.25 million pre-seed investment to accelerate development of its software that lets...
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Medsense Health Raises $500K for Remote Medication Sensors
Seattle-based Medsense Health secures $500,000 in fresh funding to propel the expansion of its technology designed to assist patients and...
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TrueMedia, Oren Etzioni’s AI Project, Takes on Political Deepfakes with New Detector
A new nonprofit, nonpartisan technology organization called TrueMedia is developing an AI-powered tool to detect deepfake videos, photos, and audio, aiming to...
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