Mullen acquires 60% stake in Bollinger for $148M
Mullen Automotive Inc. acquired a controlling interest in fellow electric vehicle manufacturer Bollinger Motors, of Oak Park, Mich.Mullen, headquartered in Brea, Calif., bought a 60 percent stake in Bollinger for $148.2 million, the company said Thur.....»»
Bill Ford: Future of auto industry at stake in ‘acrimonious" UAW negotiations
Ford Motor Co.'s executive chair says the monthlong strike will devastate communities across the U.S. and harm the economy if it continues......»»
#1 Cochran Automotive acquires Flynn Auto Group"s 4 Ohio dealerships
#1 Cochran Automotive has completed its fifth acquisition of the year and bolstered its presence in the Youngstown, Ohio, market......»»
Xsolla acquires 3 content creation and distribution companies
Xsolla, a global game commerce company, has acquired Lightstream, Rainmaker, and API.stream from Videndum, the parent company. Xsolla, a global game commerce company, has acquired Lightstream, Rainmaker, and API.stream from Videndum, the parent c.....»»
EV maker VinFast to buy majority stakes in its battery maker sibling
Electric-vehicle maker VinFast Auto said on Wednesday it would acquire a 99.8% stake in battery maker VinES from its founder Pham Nhat Vuong as it seeks to ramp up its integration in the production value chain and competitive advantage......»»
Mullen Automotive is banking on 2 rebadged Chinese commercial vehicles
Mullen Automotive will soon know if its strategy of homologating Chinese vehicles for the U.S. commercial fleet market is a viable business plan. Two vehicles, a small electric van and a Class 3 chassis cab, are starting production now......»»
Aston Martin Chairman Stroll raised stake after investor sought sale
Stroll said his consortium raised its stake in the British luxury-car maker after another major shareholder wanted to cut its holding......»»
You can kill your 2023 backlog and prepare for Halloween with these 7 creepy games
Hungry for some horror games this October, but worried about your 2023 backlog getting too long? Here's how you can kill two vampires with one stake......»»
Stratascale acquires Vector0 to strengthen its cybersecurity services
Stratascale, an SHI company, announced the acquisition of Vector0, an Attack Surface Management (ASM) provider. Through the acquisition, Stratascale professionals and their customers gain visibility of attack vectors and points of vulnerability, enha.....»»
Amazon invests up to $4 billion in Anthropic AI in exchange for minority stake and further AWS integration
Amazon said on Monday that it's investing up to $4 billion into the artificial intelligence company Anthropic in exchange for partial ownership and Anthropic's greater use of Amazon Web Services (AWS), the e-commerce giant's cloud computing platform......»»
Amazon invests $4 billion in Anthropic AI in exchange for minority stake and further AWS integration
Amazon said on Monday that it's investing $4 billion into the artificial intelligence company Anthropic in exchange for partial ownership and Anthropic's greater use of Amazon Web Services (AWS), the e-commerce giant's cloud computing platform......»»
Why does my hair turn green from the swimming pool?
If you are a blonde like me and enjoy laps in a swimming pool, you may have noticed your hair acquires a green tint after frequent swims in chlorinated water......»»
Deal would give Lithia a large presence in U.K. and a pathway to a DMS
Lithia Motors' plan to purchase the dealership and fleet businesses of Pendragon in the U.K. is a sizable deal. But the other component, giving Lithia an ownership stake in a dealership management system company, could have the biggest impact for the.....»»
Bollinger Motors readies its first electric truck, a Class 4 chassis cab
With the majority of the engineering complete on Bollinger's first commercial product, a battery-powered Class 4 chassis cab, final testing is underway, and Bollinger's marketing team is about to hit the road to book orders ahead of the planned start.....»»
Lithia to buy Pendragon"s UK dealerships, take stake in DMS
Lithia Motors plans to not only make a significant dealership acquisition in the United Kingdom. Its pending deal also includes a fleet management platform and an ownership stake in Pinewood Technologies, which plans to bring a dealership management.....»»
Netcraft acquires FraudWatch to deliver online brand protection at scale
Netcraft announced the acquisition of FraudWatch, an Australian online brand protection provider focused on phishing, social media, brand infringement, and fake mobile apps. Netcraft and FraudWatch together are committed to providing global organizat.....»»
Google"s antitrust showdown: What"s at stake for the internet search titan
Google will face off in court Tuesday against government officials who accuse the company of antitrust violations in its massive search business, kicking off a long-anticipated showdown that could reshape one of the internet's most dominant platforms.....»»
Apple acquires 50-year-old ‘leading record label’ to bolster Apple Music Classical
Following the launch of Apple Music Classical earlier this year, Apple is once again expanding its footprint in the classical music industry. This time, the company has acquired BIS Records, a record label founded in 1973 and focused on early and con.....»»
Apple Music acquires famed classical label BIS
Fifty-year-old classical music company BIS Records has been bought by Apple Music, expanding the availability of its catalog and continuing to search for new talent.Apple Music ClassicalApple Music Classical was borne of Apple acquiring streaming ser.....»»
Warren Buffett"s Berkshire Hathaway cuts its stake in GM by 45%
Warren Buffett's investment firm sold 45 percent of its stake in GM, reducing its shares from about 40 million to about 22 million......»»
Rockstar Games acquires modding team that it previously banned
If you can't beat 'em, buy 'em. Enlarge / Artist's rendering of FiveM operating free and clear as part of Rockstar after years of Rockstar claiming it was "facilitating piracy." (credit: FiveM) Longtime readers might rem.....»»