The Verge

JULY 9, 2020

The money comes at a time when there appears to be renewed interest in funding money-hungry electric vehicle startups, thanks in large part to Tesla’s skyrocketing stock price and the early success of hydrogen trucking company Nikola’s recent public listing. wants to take the same shortcut to being public that Nikola used. Fisker Inc.

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The Verge

MAY 25, 2021

Startups going public makes it much easier to see where the problems are. Ohio-based Lordstown Motors raised nearly $700 million when it went public late last year and has backing from America’s largest automaker, General Motors. California-based Canoo went public in December and has already replaced its leadership team.

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The Verge

OCTOBER 7, 2021

Plus more details about Ford’s relationship with the buzzy EV startup EV startup Rivian has spent most of its life shrouded in secrecy, but now that it’s going public, that protective veil is lifting. In Lucid Motors’ case, it found salvation and the necessary funding by handing over ownership of the company to Saudi Arabia.

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Fast Company Tech

FEBRUARY 21, 2025

Siri Chilazi is a senior researcher at the Women and Public Policy Program at Harvard Kennedy School. Iris Bohnet is a professor of business and government at Harvard Kennedy School and co-director of the Women and Public Policy Program. For the 50:50 project, this meant that all participating teams could see each others data.

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TechCrunch

AUGUST 11, 2023

This is just my strong, intuitive sense that having a public platform that is maximally trusted and broadly inclusive is extremely important to the future of civilization,” Musk said at a TED conference on the day he made his offer. “I I don’t care about the economics at all.” The $1000/month is meant for larger organizations.

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The Verge

JUNE 25, 2020

Coates argues he’s eligible for these benefits because the Saudi Arabia investment triggered a “Change in Control” clause in his agreement with Lucid Motors because it resulted in “a change in the majority shareholder of the Company,” according to an email from his lawyer to the startup sent last year. The company declined to comment.

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Engadget

MARCH 12, 2025

The Saudi Arabia-owned company Scopely has agreed to purchase the division for $3.5 Scopely was founded in Los Angeles but was purchased using money from Saudi Arabia's sovereign wealth fund, otherwise called the Saudi Public Investment Fund (PIF).

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Engadget

FEBRUARY 19, 2025

It dumped eight percent of its workforce and canceled four projects back in 2022. The following year, it laid off another 230 employees and killed a Marvel-related project. Savvy Games Group is part of Saudi Arabias government-linked Public Investment Fund, which has stakes in EA, Activision, Nintendo and more.

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TechCrunch

FEBRUARY 28, 2022

Lucid is also building a new manufacturing facility in the Kingdom of Saudi Arabia that it expects to finish by 2025. The company estimates the Saudi plant could bring in up to $3.4 But the relationship between Lucid Motors and Saudi Arabia goes further back than this recent agreement. to its per-share value.

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Beth's Blog: How Nonprofits Can Use Social Media

MARCH 19, 2012

The program is managed by the Institute of International Education (IIE), and implemented with a coalition of leading new media experts and local and international partners from the public and private sectors. E-Mediat is working with more than 220 NGOs in Jordan, Lebanon, Morocco, Tunisia, and Yemen.

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TechCrunch

MAY 2, 2022

Micromobbin’ For some bizarre reason, it’s illegal to for people use privately owned e-scooters on public roads in England. If legalized, private scooters will have to meet similar safety specifications as those in the public trials, namely max speeds of 15.5 miles per hour and automatic lights. Autonomous vehicles.

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Fast Company Tech

MARCH 11, 2025

Neom, the insane urban development project in Saudi Arabia, appears to be sinking faster than the giant holes they keep digging in the middle of nowhere. Increasing delays and soaring cost overruns have led to project cancellations and a general scaling back of the original vision.

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The Verge

AUGUST 24, 2021

Even in 2019, when Saudi Arabia opened up state-owned oil company Saudi Aramco for trading, it didn’t dominate for long : Apple surpassed it last July on its way to a $2 trillion market cap , and Apple is approaching $2.5 trillion now. Tim said consumers want it, we’ve got the capability to do it, so we’re going to do it.”.

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Futurism

MARCH 10, 2025

The Saudi crown family's megalomaniac dreams of building a gigantic city of the future in the middle of the desert are getting a brutal reality check. Worse yet, an audit report reviewed by the newspaper found that officials were trying to fudge the numbers to hide evidence of the project's ballooning costs.

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