It’s the end of the road for Cruise. Time of Death General Motors’ robotaxi company Cruise has begun laying off half of its workforce, The Verge reports — a nail in the coffin for the company, two months after General Motors pulled its funding. GM has announced that it’s acquired “full ownership” over the once-promising… Continue reading Failed Robotaxi Company Laying Off Workforce
Tag: M and A
VAYK Project $700K 2024 Revenue with $150K Net Profit
ATLANTA, Feb. 5, 2025 /PRNewswire/ — Vaycaychella, Inc. (OTC Pink: VAYK) (“VAYK”) management announced today that the company is projected to report approximately $700,000 in revenue for the year 2024, with an estimated net profit of approximately $150,000. This marks the second consecutive year of profitability since the new management team took over in 2023. … Continue reading VAYK Project $700K 2024 Revenue with $150K Net Profit
The Far Right Has a New Hero: Elon Musk
Elon Musk has overtaken President Donald Trump as the hero of America’s far-right movement. A WIRED review of message boards, encrypted channels, social media platforms, online search trends, and public statements from influencers and lawmakers suggests that Musk and the actions of his Department of Government Efficiency (DOGE) organization have come to dominate discussions among… Continue reading The Far Right Has a New Hero: Elon Musk
GM to cut Cruise robotaxi staff by 50%
GM has invested over US$10 billion in Cruise since its acquisition in 2016. Go to Source
Hyperweb Releases Whitepaper Detailing Full-Stack TypeScript Platform for Developing Blockchain Applications
From Hyperweb’s Interchain JavaScript Hub, smart contracts will execute across chains, powered by the Hyperweb Virtual Machine (HVM) SAN FRANCISCO, Feb. 5, 2025 /PRNewswire/ — Hyperweb, an end-to-end TypeScript ecosystem for building decentralized applications, today announced the release of its whitepaper outlining a new blockchain development platform that enables JavaScript developers to create onchain applications… Continue reading Hyperweb Releases Whitepaper Detailing Full-Stack TypeScript Platform for Developing Blockchain Applications
DENSO East Tennessee Locations Recognized as Veteran Ready Businesses
Tennessee Department of Veterans Services honors supplier’s Athens and Maryville sites for efforts to hire and retain service members, veterans and their families SOUTHFIELD, Mich., Feb. 5, 2025 /PRNewswire/ — DENSO, a leading mobility supplier, announced today the Tennessee Department of Veterans Services (TDVS) has welcomed its Athens and Maryville locations into the Tennessee Veteran… Continue reading DENSO East Tennessee Locations Recognized as Veteran Ready Businesses
NexSpec Recognized as Prime Preferred Vendor for Technology
LOS ANGELES, Feb. 5, 2025 /PRNewswire/ — NexSpec, a leading provider of innovative workflow solutions for the media and entertainment industry, is proud to announce its Prime Preferred Technology Vendor designation. This prestigious recognition highlights NexSpec’s unparalleled expertise, deep industry knowledge, and commitment to delivering exceptional solutions that empower content creators and distributors worldwide. Continue… Continue reading NexSpec Recognized as Prime Preferred Vendor for Technology
Pico IV Partners with iCRYO to Accelerate Availability of CBD IV Infusions
This groundbreaking partnership accelerates the acceptance of CBD in the wellness and healthcare sectors, cementing IV therapy as one of the fastest-growing services in the wellness industry. SACRAMENTO, Calif., Feb. 4, 2025 /PRNewswire/ — Pico IV, a leader in advanced CBD-infused hydration therapies, is proud to announce its new partnership with iCRYO, one of the… Continue reading Pico IV Partners with iCRYO to Accelerate Availability of CBD IV Infusions
‘The biggest heist in American history’: DC is just waking up to Elon Musk’s takeover
‘We have got to tell Elon Musk, nobody elected your ass.’ by Lauren Feiner Photos by Stephen Voss for The Verge Feb 5, 2025, 5:36 PM UTC ‘We have got to tell Elon Musk, nobody elected your ass.’ by Lauren Feiner Photos by Stephen Voss for The Verge Feb 5, 2025, 5:36 PM UTC Lauren… Continue reading ‘The biggest heist in American history’: DC is just waking up to Elon Musk’s takeover
Flexter Partners with Drivalia to Expand Vehicle Rental Inventory
MONTREAL, Feb. 5, 2025 /PRNewswire/ — Flexter, a leading platform in the truck and van rental industry, is thrilled to announce a strategic partnership with Drivalia UK, the local division of Drivalia, a prominent pan-European automotive rental and mobility company. This collaboration will integrate Drivalia’s extensive vehicle inventory into the Flexter network, enhancing the rental… Continue reading Flexter Partners with Drivalia to Expand Vehicle Rental Inventory