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Rivian wins $827 million from Illinois to expand its factory for R2 lineup
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Rivian is getting $827 million in incentives from the state of Illinois to support building its next-generation electric vehicle, ...

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Hyundai is spending close to $1 billion to keep self-driving startup Motional alive
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Hyundai has agreed to spend nearly $1 billion on Motional, an investment that will give the automaker a majority stake while ...

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Google expands passkey support to its Advanced Protection Program ahead of the US presidential election
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Ahead of the U.S. presidential election, Google is bringing passkey support to its Advanced Protection Program (APP), which is ...

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Walmart heir Lukas Walton’s Builders Vision puts S2G on a path to independence
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S2G Ventures is graduating today, so to speak. The climate tech investment firm has been living under Builders Vision, an ...

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Peloton announces 400 layoffs, 15% of the workforce, as CEO Barry McCarthy departs
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Peloton, the exercise equipment maker and creator of online fitness classes, has announced that it’s laying off 15 percent of its ...

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ButcherBox acquires ‘Shark Tank’-featured startup Truffle Shuffle
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Butcherbox is known for grinding its way forward, bootstrapping to more than $600,000 worth of revenue. The company hasn’t traditionally been on the ...

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Freshworks acquires Device42 for $230M, appoints Dennis Woodside new CEO
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Freshworks, the publicly listed SaaS firm, is acquiring U.S.-based startup Device42 for $230 million, the company disclosed in an ...

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Tiger Global-backed Innovaccer in talks to raise $250M in new funding, sources say
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Innovaccer, a health tech startup that aggregates patient data across systems and care settings, is in advanced stages of talks ...

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UnitedHealthcare CEO says ‘maybe a third’ of US citizens were affected by recent hack
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Two months after hackers broke into Change Healthcare systems stealing and then encrypting company data, it’s still unclear how many Americans were ...

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Anthropic launches new iPhone app and premium plan for businesses
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Anthropic, one of the world’s best-funded generative AI startups with $7.6 billion in the bank, is launching a new paid plan aimed at enterprises, ...

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