Lucid partners with Bank of America to launch Lucid Financial Services

Lucid Group, which makes long-range, fast-charging luxury EVs, said on Tuesday it is joining with Bank of America to provide customer financing as one way to stand out in the crowded segment. The Lucid Financial Services digital platform provides “a flexible, fast and easy financing process” for leases and loans by enabling customers to complete… Continue reading Lucid partners with Bank of America to launch Lucid Financial Services

Polestar’s first SUV, the Polestar 3 EV, arrives in Q3 2022

Polestar released teaser images Tuesday for its first battery-electric SUV, the Polestar 3, which will make its global debut in October. The teaser shows a sleek, four-passenger SUV with a panoramic sunroof that stretches from windshield to rear spoiler and a bold taillight design. The Polestar 3, which will be built at the Volvo plant… Continue reading Polestar’s first SUV, the Polestar 3 EV, arrives in Q3 2022

Uber Eats will now deliver your waffles across the country

Uber Eats, the food delivery arm of Uber, is launching nationwide shipping, a new product that will allow customers across the U.S., excluding Alaska and Hawaii, to get specialty food delivered from select merchants in New York City, Miami and Los Angeles. This new feature comes a couple of weeks after Uber announced a slew… Continue reading Uber Eats will now deliver your waffles across the country

Google Meet for teachers can automatically transcribe lessons into a Google Doc

Google Meet is getting an automatic transcription feature for educators signed up to Google’s Workspace for Education Plus and Teaching and Learning Upgrade plans. The text-based documents should take up less space than a full recording for educators looking to store or share their past lessons and may also make it easier to review, search… Continue reading Google Meet for teachers can automatically transcribe lessons into a Google Doc

Waymo is teaming up with Uber on autonomous trucking because time really heals all wounds

Waymo and Uber, former legal foes and bitter rivals in the autonomous vehicle space, are teaming up to speed up the adoption of driverless trucks. Waymo is integrating Uber Freight, the ride-hail company’s truck brokerage, into the technology that powers its autonomous big rigs. This “long-term strategic partnership” will enable fleet owners to more quickly… Continue reading Waymo is teaming up with Uber on autonomous trucking because time really heals all wounds

Musk threatens to walk out of Twitter deal over ‘material breach’ …

Elon Musk warned Twitter Inc on Monday that he might walk away from his $44 billion deal to acquire the social media company if it fails to provide the data on spam and fake accounts that he seeks. This was not the first time Musk had suggested publicly his acquisition of Twitter may not happen. But the warning, delivered in a letter from Musk‘s lawyers to Twitter‘s… Continue reading Musk threatens to walk out of Twitter deal over ‘material breach’ …

Japan’s Mizuho Bank to shore up startup financing, says CEO Kato

Mizuho Financial Group’s main banking unit plans to boost financing for startup firms, its chief executive said, aiming at addressing Japan’s scarcity of valuable new companies. “We view our business with startups as crucial, because we want to drive changes in Japan,” Masahiko Kato, the new chief executive of Mizuho Bank, told Reuters in an interview. Japan has fewer than a dozen unicorns – startups with a… Continue reading Japan’s Mizuho Bank to shore up startup financing, says CEO Kato

Gold loan lender Rupeek latest Indian startup to cut jobs amid slowdown

The decline in startup funding is impacting a range of sectors, with employees being laid off in companies including Unacademy, Vedantu, Eruditus, Cars24, MFine and Lido, among others. Rupeek, a digital-focused gold loan lender, is the latest. The fintech startup backed by Sequoia and Accel on Tuesday said it has laid off 10-15% of its… Continue reading Gold loan lender Rupeek latest Indian startup to cut jobs amid slowdown

People Digest: Credit Suisse, M&G Investments, Capital Group announce key hires

Credit Suisse has named Min Huang to lead its asset management business in the Asia-Pacific while M&G Investments (M&G) has appointed Guan Yi Low as head of fixed income in the Asia-Pacific. Capital Group has appointed Suyin Tan as managing director, financial intermediaries, for Singapore and Southeast Asia. Huang named Credit Suisse asset management lead… Continue reading People Digest: Credit Suisse, M&G Investments, Capital Group announce key hires

NBA Top Shot seemed like a slam dunk — so why are some collectors crying foul?

In February 2021, Jesse Schwarz bought a Top Shot NFT of LeBron James dunking for $208,000, setting a record. It was the most expensive sale in the platform’s short history; at the time, the average price of a Moment — Top Shot lingo for an NFT — was $181.81, according to CryptoSlam. “To invest and… Continue reading NBA Top Shot seemed like a slam dunk — so why are some collectors crying foul?