Tag: The Financial Times
With a reported deal in the wings for Joby Aviation, electric aircraft soars to $10B business
One year after nabbing $590 million from investors led by Toyota, and a few months after picking up Uber’s flying taxi business, Joby Aviation is reportedly in talks to go public in a SPAC deal that would value the electric plane manufacturer at nearly $5.7 billion. News of a potential deal comes on the…
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Chris Krebs and Alex Stamos have started a cyber consulting firm
Former U.S. cybersecurity official Chris Krebs and former Facebook chief security officer Alex Stamos have founded a new cybersecurity consultancy firm, which already has its first client: SolarWinds . The two have been hired as consultants to help the Texas-based software maker recover from a devastating breach by suspected Russian…
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Bill Gates details how his foundation shifted focus “almost entirely” to addressing COVID-19
Microsoft founder Bill Gates spoke to the Financial Times (via Fast Company) about how the work of the Bill & Melinda Gates Foundation has shifted “almost entirely” to working on addressing COVID-19, in the interest of making the post impact possible in the ongoing effort to contain and combat the…
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Tesla’s newest board member has a long stance against short selling
Tesla has added Hiromichi Mizuno as a new member to its board of directors and audit committee — the former chief investment officer of Japan’s $1.5 trillion pension fund and a longtime opponent of common market practices like short selling. With Mizuno’s appointment the Tesla board now has 10 members,…
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OneWeb to file for bankruptcy as effort to securing funding, including from investor Softbank, falls through
Broadband constellation satellite operator OneWeb has officially filed for bankruptcy protection in the U.S., after attempts to secure new funding, including from existing investor SoftBank, fell through, TechCrunch has learned. The Financial Times also reported on the failure of its funding attempt on Friday, based on its own separate sources.…
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The Station: Lucid Motors spy shot and the birth of an AV startup
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hello again — or perhaps for the first time. This is Kirsten Korosec, senior transportation reporter at TechCrunch and your host here…
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