TechCrunch

MAY 5, 2022

The company announced Thursday alongside its first-quarter earnings report that it was raising prices of the variants of its luxury Air sedan, beginning June 1. All existing reservation holders will not experience price hikes, the company said, noting that updated pricing for Canada will be made public on June 1.

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TechNode

NOVEMBER 9, 2023

Chinese electric vehicle maker Human Horizons is reportedly in discussions with the Public Investment Fund, Saudi Arabias sovereign wealth fund, to secure at least $250 million at a valuation of $3 billion, according to Bloomberg sources. billion with the six-year-old automaker.

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The Verge

NOVEMBER 16, 2021

Lucid Motors’ market capitalization passed Ford’s on Tuesday, one day after the startup reported its first quarterly financial results as a publicly traded company and just a few weeks after it started shipping its luxury electric sedan, the Air. Photo by Andrew Hawkins / The Verge. They came back and said they wanted to acquire.”.

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TechCrunch

JUNE 28, 2022

TechCrunch reached out to the Egypt- and Dubai-based company for comment but didn’t get any response at the time of publication. . Other platforms globally, as reported by Layoffs.fyi , include the likes of PharmEasy, Sami and Truepill. . Vezeeta has almost 500 employees, according to its LinkedIn page. .

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TechCrunch

AUGUST 21, 2023

The Vision Fund has outside limited partners, including the sovereign wealth funds of Saudi Arabia and Abu Dhabi; SoftBank sold that stake in Arm to the Vision Fund in 2017 for $8 billion.) billion into the co-working company WeWork in the summer of 2017 when it was still privately held, at a reported valuation of $20 billion.

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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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TechNode

FEBRUARY 19, 2024

Chinese electric vehicle maker Human Horizons will suspend production for at least six months and furlough its employees in an attempt to keep the company going as it looks for new funding, local media has reported. Aiways, which began exporting EVs to Europe as early as 2020, also suspended production last year, the Financial Times reported.

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TechCrunch

MARCH 22, 2022

As TechCrunch has reported on extensively, the number of startups tackling corporate spend and expense management continues to grow. On Monday, we reported on Ramp raising $200 million and securing $550 million in debt at an $8.1 In the short term, it’s eyeing Southeast Asia, and potentially Saudi Arabia and Africa.

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TechCrunch

MARCH 27, 2022

On March 25, PitchBook released its 2021 Annual Fintech Report , which found that the fintech industry raised $121.6 Alex and I will be doing a deep dive on that report next week, but it’s a nice lead-in to what I’m examining today. It’s also eyeing Southeast Asia and potentially Saudi Arabia and Africa.

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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. Whats the big idea? Fairness is not merely a choice; it is a way of moving through the world.

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TechCrunch

OCTOBER 27, 2022

The reasons were unclear, as both parties didn’t publicly comment on the situation; however, from various local news outlets, they ranged from mismanagement of funds to failure to report to the board and work out a potential merger, as well as internal disagreements over management methods.

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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. And on Wednesday, Bloomberg reported that the majority of the focus will be on the Amazon vans in the early going.

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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.” In other words, Twitter has a Verified user spam problem.

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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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The Verge

SEPTEMBER 9, 2020

It feels as if we already know a lot about this car even though today is its official public debut. It spent much of 2017-2018 languishing until Saudi Arabia’s Public Investment Fund came along. As reported by The Verge, the company gave up majority ownership to Saudi Arabia’s sovereign wealth fund in exchange for the $1.3

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Engadget

FEBRUARY 19, 2025

There are around 80 million monthly users as numbers reported midway through last year, but that's a steep decline from the game's peak of 232 million active players. The reported party Niantic is considering selling its games division to is Scopely, which is owned by Savvy Games Group.

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TechCrunch

FEBRUARY 28, 2022

However, after the company reported its results, its shares fell, erasing 10.8% 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 Investors expected Lucid to report revenues of $36.74

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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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Candid

JULY 17, 2024

Based on an online survey of 32,000 respondents in 28 countries conducted in November 2023, the 2024 Edelman Trust Barometer Global Report found low levels of trust in these institutions’ ability to manage “new innovations and technologies.” Here are five takeaways about global trends in the public’s trust in NGOs: 1.

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TechNode

APRIL 25, 2025

The worlds top three PC makers, Lenovo, HP, and Dell, are exploring expansion in Saudi Arabia amid rising concerns over tariff uncertainties. Saudi Arabia is actively encouraging tech manufacturers with operations in China to relocate to the Arabian Peninsula. Jiwei , in Chinese]

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TechNode

MARCH 5, 2025

As consumers tighten their budgets, increasing numbers turn to gig work as delivery riders, and restaurant owners struggle to stay afloat, Meituan continues to report record profits. This has intensified public scrutiny on how the platform balances growth with social responsibility.

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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. Initially, its promoters were looking to attract $500 billion in public and private capital , but Neom is reportedly having a hard time getting the money. Just nine years away.

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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. As the Wall Street Journal reports , capital expenditure estimates to build Neom to what officials call its "end-state" by 2080 have ballooned to $8.8

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Fast Company Tech

APRIL 9, 2025

Tesla starts selling cars in Saudi Arabia on Thursday, a country where on a 900-kilometre (559 mile) stretch of its main east-west highway linking the capital Riyadh and the holy city of Mecca there isn’t a single charging station. But Musk has work to do in Saudi Arabia after his public spat with PIF boss Yasir al-Rumayyan.

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Fast Company Tech

APRIL 4, 2025

At North Carolina State University, two students from Saudi Arabia left the U.S. Since returning to Saudi Arabia, Vasto said his former roommate’s top concern is getting into another university. In some cases, students were targeted for infractions that had been previously reported to the government.

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