Back in October of 2024, Tesla investors and fanboys alike flocked to Hollywood for the company’s “We, Robot” event. The company’s backers hoped Musk would finally unveil the long-awaited “$25,000 Tesla” — a lower-budget EV that was sure to rejuvenate sales as the costly Cybertruck flopped — but what they got was anything but. Instead, the… Continue reading An Internal Tesla Analysis Found the Robotaxi Would Lose Money, and You’ll Never Guess What Elon Musk Did in Response
Tag: M and A
Pinnacle Mergers & Acquisitions Facilitates the Sale of Ocean Honda of San Juan Capistrano to Jerry Seiner Auto Group
Completes 15th Transaction with Victory Automotive Group SOUTHLAKE, Texas, April 17, 2025 /PRNewswire/ — Pinnacle Mergers & Acquisitions, a nationally recognized auto dealership brokerage firm, is pleased to announce the successful sale of Ocean Honda of San Juan Capistrano in Orange County, California. The store, previously owned by Victory Automotive Group, has been acquired by… Continue reading Pinnacle Mergers & Acquisitions Facilitates the Sale of Ocean Honda of San Juan Capistrano to Jerry Seiner Auto Group
Texas Technology Alliance for Statewide Initiatives (TASI) Selects Securly as Preferred Technology Across K-12 Texas Schools
Partnership ensures that Texas students are safe, secure, and ready to learn by providing cost-effective and innovative solutions to school districts. CHARLOTTE, N.C., April 17, 2025 /PRNewswire/ — The Texas Technology Alliance for Statewide Initiatives (TASI) has chosen Securly, a leading provider of K-12 student safety and readiness-to-learn solutions, as a preferred technology provider for… Continue reading Texas Technology Alliance for Statewide Initiatives (TASI) Selects Securly as Preferred Technology Across K-12 Texas Schools
1Fort Raises $7.5M to Automate Business Insurance with AI
Investment to elevate AI, as company continues to accelerate growth strategy of empowering insurance brokers to bind more policies in less time for businesses NEW YORK, April 17, 2025 /PRNewswire/ — 1Fort, the AI platform for business insurance, today announced it has raised $7.5 million in an oversubscribed funding round led by Bonfire Ventures. The round… Continue reading 1Fort Raises $7.5M to Automate Business Insurance with AI
U.S. News Recognizes Eight Clearwater Living Communities with an Array of Best and High Performing Senior Living Ratings
Communities in California and Arizona were recognized in the independent living, assisted living and memory care categories NEWPORT BEACH, Calif., April 17, 2025 /PRNewswire/ — Clearwater Living®, a real estate and property management company dedicated to the ownership, operation and development of high-quality senior living communities, announced today that eight of their California and Arizona… Continue reading U.S. News Recognizes Eight Clearwater Living Communities with an Array of Best and High Performing Senior Living Ratings
Google Is Once Again Deemed a Monopoly, This Time in Ad Tech
A federal judge ruled today that Google is a monopolist in some parts of the online advertising market, marking the second case in a year where the company was found to have violated US antitrust law. Last August, a federal judge ruled that Google was maintaining an illegal monopoly in search. Judge Leonie Brinkema of… Continue reading Google Is Once Again Deemed a Monopoly, This Time in Ad Tech
LA IS LOOKING FOR ANGELS: LACI Announces “LA Resilient Rebuilding Cup,” an Innovation Competition to Find Solutions to Help Fire-Impacted Communities Recover Ahead of 2028 Games
Winners to Receive Up to $100,000 in Prizes and Funding for Piloting in Greater Los Angeles to Increase Resiliency, Reduce Emissions, and Advance Sustainability LOS ANGELES, April 17, 2025 /PRNewswire/ — The Los Angeles Cleantech Incubator (LACI) is pleased to announce the launch of the LA Resilient Rebuilding Cup (Cup), a call for startup innovations… Continue reading LA IS LOOKING FOR ANGELS: LACI Announces “LA Resilient Rebuilding Cup,” an Innovation Competition to Find Solutions to Help Fire-Impacted Communities Recover Ahead of 2028 Games
DateSpot Acquires ValleyMatch to Expand AI-Powered Affordable Matchmaking
SACRAMENTO, Calif. and MOUNTAIN VIEW, Calif., April 17, 2025 /PRNewswire/ — DateSpot, a trailblazer in the dating world, announced the acquisition of Sacramento-based AI-enabled matchmaking service ValleyMatch. The move adds AI to its unique tech-enabled, pay-per-match model, scaling matchmaking to be accessible beyond the elite. Continue Reading Both services championed a transformative industry model that… Continue reading DateSpot Acquires ValleyMatch to Expand AI-Powered Affordable Matchmaking
A New Era of Luxury: The Team Behind the Versace Mansion and V&E Hospitality Debuts Donatella Boutique Hotel & Restaurant
MIAMI BEACH, Fla., April 17, 2025 /PRNewswire/ — A new chapter in Miami Beach’s rich history begins as Donatella Boutique Hotel and Restaurant prepare to open their doors on May 2025. The sister property to the iconic Versace Mansion (now ‘The Villa Casa Casuarina’), Donatella Boutique Hotel & Restaurant channels the same timeless elegance and allure.… Continue reading A New Era of Luxury: The Team Behind the Versace Mansion and V&E Hospitality Debuts Donatella Boutique Hotel & Restaurant
Goodfire Raises $50M Series A to Advance AI Interpretability Research
Funding from Menlo Ventures powers Goodfire’s mission to decode the neurons of AI models, reshaping how they’re understood and designed SAN FRANCISCO, April 17, 2025 /PRNewswire/ — Today, Goodfire, the leading AI interpretability research company, announced a $50 million Series A funding round led by Menlo Ventures with participation from Lightspeed Venture Partners, Anthropic, B… Continue reading Goodfire Raises $50M Series A to Advance AI Interpretability Research