McLaren to Be Sold to Abu Dhabi Firm
Once more, a new owner is set to take over McLaren’s road car division. CYVN Holdings has inked a non-binding agreement with Mumtalakat, the Kingdom …
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Startups
3D Printing Revolutionizes Hypercar Manufacturing
3D printing technology is revolutionizing the automotive industry, particularly in the realm of high-performance vehicles. This innovative technique allows manufacturers to create complex, lightweight, and …
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Amazon Funds X-Energy for Nuclear Reactors & Carbon-free Power
X-Energy, a company in charge of advanced nuclear reactor design, just secured a massive $500 million investment. The tech giant, Amazon anchored this funding round, …
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SpaceX Successfully Catches Starship Booster
SpaceX made history by successfully catching the giant Starship booster with “Chopsticks” during the Flight 5 rocket launch and landing. This marks a significant milestone …
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Tesla Shares Dive 9% After Cybercab Debut
Tesla’s stock price plummeted by nearly 9% on Friday following the company’s highly anticipated robotaxi event, which failed to impress investors. Investors were disappointed by …
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Jay-Z Backs Finnish Long Drink, Expanding Global Reach
Marcy Venture Partners, co-founded by Jay-Z, Jay Brown, and Larry Marcus in 2018, has invested in The Finnish Long Drink. This ready-to-drink brand, launched in …
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Small Business Haven: Scottsdale Shines
Scottsdale has been crowned the top city for small businesses in the United States, according to a recent ranking. This recognition is not surprising, considering …
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Bosch Unveils New E-Bike Motor and Larger Batteries
Bosch, a leading manufacturer of premium electric bicycle drivetrains, has unveiled several new products designed to enhance further the performance and capabilities of e-bikes, particularly …
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NIO Secures $470 Million Cash Injection, Shares Surge
The Chinese electric vehicle manufacturer NIO has secured a significant $470 million investment to fuel its growth ambitions. As the company prepares to launch its …
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EV Sales Remain Steady: No Signs of Slump
While the headlines may suggest otherwise, electric vehicle (EV) sales continue to increase steadily. Recent news articles have falsely claimed that EV sales are slowing, …
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F1 Teams Worth Billions: Cost Cap Revolutionizes the Sport
A seismic shift has occurred in F1, with teams now valued at a minimum of $1.3 billion. This unprecedented surge in value marks a significant …
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MrBeast, Logan Paul, and KSI Launch Lunchables Rival
On Monday, MrBeast, Logan Paul, and KSI revealed the launch of Lunchly, a joint venture that combines two of their current offerings: KSI and their …
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Chanel, L’Oréal Support Olsen Twins Fashion Brand The Row
A funding round valued at $1 billion has seen the billionaire brothers behind Chanel and an heiress from the L’Oréal empire acquiring shares in the …
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Sir Chris Hoy-Backed Skarper Gets £4.5m Injection
Adjuvo, a group of angel investors, is leading the latest round of funding for the company that makes e-bike conversion kits. The gold-medal-winning Olympian is …
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Mantel Raises $30M to Scale Industrial Carbon Capture
Carbon capture startup Mantel said it had raised $30 million in a Series A funding round. This money will help the company scale up its …
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Liam Gallagher Tells Oasis fan to’shut up’ About Reunion Tour Tickets
Oasis reunion tour tickets are expensive, which upsets fans. Liam Gallagher told one fan to “shut up” after the launch last weekend, which was a …
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Musk will Invite Tesla Board to $5 B xAI Investment
An apparent conflict of interest arose when Tesla CEO Elon Musk indicated on Thursday that he and the board of directors will consider investing $5 …
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Wiz Declines $23 Billion Google Acquisition
Cybersecurity company Wiz in Israel turned down a $23bn (£17.8bn) takeover deal from Alphabet, the parent company of Google. It would have been Wiz’s biggest …
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The ‘Godmother of AI’ Owns a $1 Billion Startup
A well-known computer scientist, Fei-Fei Li, the “godmother of AI,” started a World Labs company. The Financial Times said that it’s now worth more than …
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Mercedes-Benz US and Starbucks offer Fast-Charging Stations
An affiliate of Mercedes-Benz (MBGn.DE) said on Wednesday that it had teamed up with Starbucks (SBUX.O) to install fast-charging stations at over a hundred sites …
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British Millionaire to Acquire Body Shop from Administration
A deal to buy It looks like everyone is getting along better at The Body Shop, the managers said. In February, the high street beauty …
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Aston Martin Discusses Wind Tunnel and Honda Preps
Tom McCullough, the Performance Director for Aston Martin, is excited about the team’s plans to continue building their offices at Silverstone. This is part of …
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Estée Lauder Companies Buys Deciem for $1.7 Billion
On Monday, The Estée Lauder Companies bought Deciem Beauty Group, which distributes skin-care products under The Ordinary and NIOD brands. In 2017, ELC made an …
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UK AI Car Startup Wayve Raises $1bn
To further the research and production of artificial intelligence (AI) enabled cars, a UK startup called Wayve has raised £841 million ($1.05 billion) in funding, …
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Orchid: She Decides Which Babies Are Born
Please protect the kids! Or, if God isn’t around, a baby startup company called Orchid. It gives people who want to be parents a great …
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Disinfo-Detecting AI Startup Raises $20M
According to what the business initially told Axios, Alethea Group—a platform for social media monitoring powered by artificial intelligence—has raised $20 million in a Series …
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A $25k Electric Pickup and SUV from Ford is Planned
Jim Farley, CEO of Ford, revealed in February that the business has been secretly developing a cheap platform for smaller electric vehicles for the past …
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WeWork Buyback bid Exceeds $500M by Adam Neumann
A person with knowledge of the situation told Reuters that Adam Neumann has put in a bid of more than $500 million to buy back …
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Andreessen Horowitz Nears $7 Billion Fundraise
Several people have told Axios that Andreessen Horowitz is about to close on up to $7 billion in new funds. This makes a16z even more …
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In this Startup’s Electric RV, Camping gets Electric
The $50 billion caravan business is finally joining the world of electric cars. Older companies like Winnebago and newer ones like Lightship and Pebble Mobility …
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AI Startup Stability Launches Generative Video Tool
Startup Stability elevates GAN. Stability is making waves with an AI-powered video app, albeit the method is more commonly used to reproduce sounds and photos. …
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GM buys Tesla Gigacasting Supplier, Report says
GM bought Tesla gigacasting supplier Tooling & Equipment International (TEI). The big automaker thinks this will help it catch up to Tesla as the leader …
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Kylie Jenner’s Khy Readies Second Winter-Ready Drop
For her new brand Khy, Kylie Jenner is putting out drop after drop while working extra hours. When she put out her first collection, it …
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