Car rental giant Hertz has begun notifying its customers of a data breach that included their personal information and driver’s licenses. The rental company, which also owns the Dollar and Thrifty brands, said in notices on its website that the breach relates to a cyberattack on one of its vendors between October 2024 and December… Continue reading Hertz says customers’ personal data and driver’s licenses stolen in data breach
Author: Tech Crunch Online News
Autonomous trucking startup Kodiak Robotics to go public via SPAC
Self-driving truck startup Kodiak Robotics plans to go public via a merger with special purpose acquisition company Ares Acquisition Corporation II. The transaction values Kodiak, which has raised around $243 million to date, at about $2.5 billion pre-money. New and existing Kodiak institutional investors, like Soros Fund Management, ARK Investments, and Ares, have funded or… Continue reading Autonomous trucking startup Kodiak Robotics to go public via SPAC
Conifer locks down $20M seed round for its ‘drop-in’ electric hub motor
A handful of engineers who worked at Lucid Motors and on Apple’s electric car project have launched a new startup that puts a fresh spin on electric hub motors. The new startup, called Conifer, has developed its motor to be free of rare earth elements by using more abundant ferrite magnets, which the company says… Continue reading Conifer locks down $20M seed round for its ‘drop-in’ electric hub motor
Week in Review: Jeff Bezos’ secret EV startup
Welcome back to Week in Review! We’ve got tons of cool stuff for your reading pleasure this week: Jeff Bezos backs EV startup Slate; a Meta whistleblower accuses the company of collusion; Waymo may use interior camera data; and much more. Let’s get to it! I want this: Slate, an EV startup, has the ambitious… Continue reading Week in Review: Jeff Bezos’ secret EV startup
TechCrunch Mobility: Jeff Bezos backs a secretive EV startup and Lucid snaps up Nikola’s assets
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Tariffs, tariffs, tariffs. If there is one certainty in this uncertain moment, it’s this: U.S. tariff policy is likely to change again. As of Friday morning, there… Continue reading TechCrunch Mobility: Jeff Bezos backs a secretive EV startup and Lucid snaps up Nikola’s assets
Nikola founder Trevor Milton accused of trying to derail bankruptcy case
A court hearing on the sale of bankrupt electric truck startup Nikola’s assets to Lucid Motors was going smoothly on Friday. No objections had been filed to the transaction, and Delaware bankruptcy judge Thomas Horan verbally approved it without hesitation. Until, that is, a lawyer piped up on the Zoom call toward the end of… Continue reading Nikola founder Trevor Milton accused of trying to derail bankruptcy case
Blue Water Autonomy comes out of stealth promising autonomous naval ships
A new shipbuilding startup called Blue Water Autonomy has emerged from stealth with the promise of developing captain-less naval ships. The Boston, Massachusetts-based company has raised a $14 million seed round from Eclipse, Riot, and Impatient Ventures. The startup was founded in 2024 by former members of the U.S. Navy, leaders of Amazon Robotics, and… Continue reading Blue Water Autonomy comes out of stealth promising autonomous naval ships
Parallel Systems is building autonomous electric rail for short-distance freight
The business of moving goods in the United States is dominated by trucks, which handle about two-thirds of the 20.2 billion tons of freight that’s transported annually. Parallel Systems founder and CEO, Matt Soule, wants to change that by putting a modern autonomous and electric twist on the centuries-old railroad system. The Los Angeles-based company… Continue reading Parallel Systems is building autonomous electric rail for short-distance freight
Hacked documents reveal guide to serving Elon Musk on private jets
A recent breach of Berkshire Hathaway-owned private jet company NetJets has revealed a guide for flight attendants serving Elon Musk, per a Bloomberg report. The memo offers an interesting glimpse into the personal preferences of the world’s richest man. Some of the preferences are surprising for the CEO of Tesla, a company dedicated to sustainability.… Continue reading Hacked documents reveal guide to serving Elon Musk on private jets
Lucid Motors wins bankruptcy auction for Nikola’s Arizona factory and other assets
EV startup Lucid Motors has emerged as a surprise winner in the bankruptcy auction for electric trucking company Nikola’s Arizona factory and other assets, according a late Thursday night court filing. Lucid committed around $30 million in cash and non-cash considerations in exchange for the factory, Nikola’s lease on its Phoenix headquarters, and “certain machinery,… Continue reading Lucid Motors wins bankruptcy auction for Nikola’s Arizona factory and other assets