Hedge Fund That Bet Against GameStop Shuts Down
A London-based hedge fund that suffered losses betting against US retailer GameStop during the first meme stock rally in January is shutting its doors [Editor's note: the link may be paywalled; alternative source]. From a report: White Square Capital.....»»
VW diesel settlement helping to cut Great Lakes emissions
The Mackinac Island Ferry Co. plans to use a $3 million grant from Michigan's Volkswagen settlement fund to convert one of its boats from diesel to electric power......»»
Sony sets a release date for its GameStop movie, Dumb Money
The GameStop short squeeze is getting a fictionalized retelling in Dumb Money, a new film from Sony Pictures starring Seth Rogen, and more......»»
Sony sets a release date for its Gamestop movie, Dumb Money
The Gamestop short squeeze is getting a fictionalized retelling in Dumb Money, a new film from Sony Pictures starring Seth Rogen, and more......»»
Rebounding Mitsubishi Motors to invest more than $10 billion in electric vehicles, hybrids and EV batteries
Mitsubishi's new electrification plan calls for investing between $10.26 billion to $13.19 billion in r&d and facilities for electrification through March 31, 2026. It will partly fund the rollout of nine new electrified models, including battery-ele.....»»
Xiaomi heads new fund to enhance AI, auto chips development
China smartphone vendor Xiaomi has set up a CNY10 billion (US$1.43 billion) fund with other partners to invest in companies dedicated to developing chip technologies related to AI, smart manufacturing and automotive electronics......»»
New study reveals steady rise in multiple funding methods needed to pay for college
Few costs have ballooned more than those of earning a college education. As such, the methods students pursue to fund college have also expanded......»»
What Can We Do to Make Sure the FAA and Southwest Airlines Fiascoes Never Happen Again?
Congress and the airline industry must reassess how they approach and fund air transportation modernization.....»»
Financial challenges shutter self-driving truck company Embark Technology
Self-driving truck company Embark Technology closes and lays off hundreds of workers after it runs out of capital to fund continued development......»»
Most ransomware payments go on to fund many further attacks
Threat actors rarely use ransom money for vacation......»»
Tata reportedly to raise fund for debt reduction and EV business
As a leader in India's emerging EV market, Tata Motors is reportedly looking to raise funds for the EV expansion as the carmaker is grappling with debt reduction in the automotive business......»»
McIntosh SEED program aims to promote racial justice, and fight climate change – with Apple’s help
Apple has explained how it worked with The Conservation Fund to support McIntosh SEED, a forestry program designed to promote racial justice, encourage sustainable forestry, and help fight climate change. “To promote justice and address climate.....»»
Apple backs groups conserving forests in the Deep South
Apple has highlighted the work of conservatory groups, including McIntosh S.E.E.D. who run the first Black-owned community forest in the US.Working with The Conservation Fund, Apple says that it partners with community groups like McIntosh S.E.E.D. a.....»»
Afghan Dreamers at BIFF 2023
Amy and I have been sponsors of the Boulder International Film Festival for a while. We’ve also been helping fund documentaries and have received several executive producer credits. Two of these films are in the 2023 Boulder International Film.....»»
New taxes make electric car owners pay, too
Electric vehicle owners are immune from paying taxes at the pump to fund road infrastructure. That's going to change......»»
North Korea targets US, South Korean hospitals with ransomware to fund further cyber operations
US and South Korean agencies have issued a joint cybersecurity advisory describing the tactics, techniques and procedures used by North Korean hackers to deploy “state-sponsored” ransomware on hospitals and other organizations that can be.....»»
Hua Hong, China IC Fund to set up JV fab
A 12-inch wafer fab will be established as part of a joint venture that Hua Hong Semiconductor has signed with the state-backed China IC Fund II, also known as the Big Fund Phase II......»»
Crypto theft: North Korea-linked hackers stole $1.7b in 2022
Experts say the country, facing heavy sanctions, is turning to crypto theft to fund its nuclear arsenal......»»
Musk testifies, claims tweet that judge ruled false was “absolutely truthful”
Musk testifies he could have used SpaceX shares to fund taking-Tesla-private deal. Enlarge (credit: Aurich Lawson / Duncan Hull / Getty) Elon Musk spent a full day on the witness stand today to discuss the infamous "fund.....»»
Musk says SpaceX shares could have helped fund taking Tesla private
Elon Musk told jurors he was sure he had locked up financial support from Saudi investors in 2018 to take his electric car maker Tesla Inc. private, and could even have used his stake in rocket company SpaceX to fund a buyout......»»
Elon Musk resumes testimony in defense of his tweets
Elon Musk testified that Saudi Arabia's sovereign wealth fund "unequivocally" wanted to take Tesla Inc. private in 2018, a core element of his defense to claims that his tweets about the take-private plan misled shareholders......»»