3 lies VCs tell ourselves about startup valuations
VCs need to stop engaging in self-delusion about why a valuation that is too high might be OK. Here are three common lies investors tell themselves to rationalize an undisciplined valuation decision. Scott Lenet Contribu.....»»
GM to cut funding for beleaguered driverless startup Cruise, report claims
General Motors will reportedly slash funding for robotaxi startup Cruise, which has suspended road tests of its vehicles after a number of troubling incidents......»»
EV battery startup Our Next Energy lays off a quarter of its staff
The suburban Detroit battery manufacturer slashed its salaried and hourly work force by 128 employees in a move to “focus on core priorities.”.....»»
Lucid targets popular niche with Gravity crossover
The startup's slow-selling Air sedan launched with a six-figure price tag and a limited audience. Next year, Lucid will try again with a popular body style and an $80,000 starting price......»»
DEAL: Grab the Sony WH-CH520 Headphones with this Black Friday Offer!
The Sony WH-CH520 headphones are on sale right now! The post DEAL: Grab the Sony WH-CH520 Headphones with this Black Friday Offer! appeared first on Phandroid. While the highlight of Sony’s audio gear selection lies mostly with its.....»»
Hubble images NGC 941, a spiral galaxy with an explosive past
This image from NASA's Hubble Space Telescope features the spiral galaxy NGC 941, which lies about 55 million light-years from Earth. Hubble's Advanced Camera for Surveys (ACS) collected the data that created this image. Beautiful NGC 941 is undoubte.....»»
Battery startup signs another big deal despite EV slowdown
ONE’s agreement with General Electric’s sustainable energy arm underscores stationary utility-grade energy storage as a major part of the battery maker’s business......»»
Lucid enters the crossover market with $80,000 Gravity
The startup's second vehicle and first crossover combines luxury, performance, and around 440 miles of range at a price similar to its Air sedan. Production is expected in late 2024......»»
Nikola founder Trevor Milton seeks probation after fraud conviction
Trevor Milton, the convicted founder of electric- and hydrogen-powered truck maker Nikola, is seeking to avoid prison, with his lawyers saying his case differed from that of Theranos' Elizabeth Holmes, another startup founder convicted of fraud......»»
EV truck startup Zeus signs deal with manufacturing and engineering firm
Zeus Electric Chassis, a Minnesota startup trying to break into the commercial fleet business with a battery powered chassis cab, will lean on a contract manufacturer for its class 5 truck......»»
VinFast plans U.S. dealer network with 125 sales points in first phase
The Vietnamese startup said it has applications from 70 dealers so far. By late 2024, it plans "hundreds" of sales points offering the VF 8 crossover to start and more models as they launch......»»
Humane launches "Ai Pin," a screenless wearable powered by OpenAI
Humane has launched its AI Pin, an AI-powered wearable, designed to replace your smartphone. After months of anticipation, stealth startup Humane has finally launched the Ai Pin. The device is a screenless AI wearable that functions without the.....»»
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Host one, 10, or unlimited websites with an iBrave Hosting lifetime subscription, over 90% off. TL;DR: As of November 10, get a lifetime subscription to iBrave Cloud Startup Web Hosting for one, 10, or unlimited websites over 90% off.A powerful.....»»
Humane’s AI Pin is here to replace our smartphones
A startup called Humane has announced the AI Pin, an interesting wearable that wants to replace our smartphones. The post Humane’s AI Pin is here to replace our smartphones appeared first on Phandroid. While the form factor and design of.....»»
Polestar, Israeli startup StoreDot seek to slash time to charge EVs
Israeli startup StoreDot will demonstrate new charging technology, capable of adding 100 miles of range in five minutes, in a prototype Polestar 5 performance sedan next year......»»
Humane Wants Its New Ai Pin to Liberate You From Your Phone Screen
The startup's new AI-powered wearable retails at $699, plus a $24 per month subscription fee. Ken Kocienda walks toward me, with a small white square pinned to his shirt. He taps the square with two fingers, eliciting a beep. &ldquo.....»»
China Invests $5.4 Billion in Two-Year-Old Memory Chipmaker
The investment is a sign Beijing is doubling down on its efforts to achieve technological self-sufficiency and counter U.S. sanctions Semiconductor startup Changxin Xinqiao Memory Technologies Inc. has raised 39 billion yuan ($5.4 b.....»»
Column: Israeli startup execs soldier on as war disrupts all
Fullpath's CEO is one of the many automotive tech executives and employees whose lives were disrupted by the Oct. 7 Hamas massacre in Israel and the ensuing war......»»
Signs of wear on mosasaurs" teeth show they were picky eaters who liked seafood
The cradle of paleontology—the study of fossil remains of animals and plants—lies in the Maastricht limestones, where the first Mosasaurus was discovered in 1766. The Dutch-Belgian border area around the Limburg capital is one of the best-explore.....»»
Fisker delays Q3 earnings report, sending stock sharply lower
The EV startup said that the departure of its chief accounting officer on Oct. 27 and the appointment of a new one Monday delayed earnings, which were rescheduled for Nov. 13......»»
Lucid cuts 2023 production forecast after $631 million Q3 net loss
The startup reduced 2023 guidance for the Air sedan to between 8,000 and 8,500. Previous guidance was "more than 10,000." Lucid said the lower range is more in line with sales expectations......»»