February 5, 2025

XOi raises $230M, acquires Specifx to expand its tech for field service technicians

Field service engineers may not be the first group of customers that come to mind when you think about lucrative opportunities in B2B technology. But that same blind spot speaks of the opportunity in the space for those who are stepping up and targeting “the job site.” One of the players in that space, XOi  […]

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Elon Musk details his vision for a Twitter payments system

November 10, 2022

Elon Musk detailed his vision for Twitter’s plan to enter the payments market during a livestreamed meeting with Twitter advertisers, hosted on Twitter Spaces on Wednesday. The new Twitter owner suggested that, in the future, users would be able to send money to others on the platform, extract their funds to authenticated bank accounts and, […]

Elon Musk details his vision for a Twitter payments system by Sarah Perez originally published on TechCrunch

Lyft-backed plan to fund electric cars flops in California

November 10, 2022

California voters shot down a plan to make electric vehicles more affordable for some residents, dealing a blow to Lyft and the EV industry alike. Proposition 30 would have taxed residents making more than $2 million a year to subsidize electric cars and public charging stations as well as funded wildfire prevention programs. Even with […]

Lyft-backed plan to fund electric cars flops in California by Harri Weber originally published on TechCrunch

Canoo to buy vehicle manufacturing facility in Oklahoma City

November 10, 2022

Commercial electric vehicle company Canoo entered into an agreement to acquire a vehicle manufacturing facility in Oklahoma City, the company announced Wednesday along with its third-quarter earnings. The news comes a week after Canoo said it would build an EV battery module manufacturing facility in Pryor, Oklahoma. The new facility will be dedicated to producing […]

Canoo to buy vehicle manufacturing facility in Oklahoma City by Rebecca Bellan originally published on TechCrunch

Rivian upholds 2022 production targets as net loss widens

November 10, 2022

Electric vehicle maker Rivian affirmed Wednesday that the company is on track to hit its annual production target of 25,000 vehicles despite unpredictable supply chain crunches and component shortages. The startup-turned-public company remained committed to its production goal even as industry-wide challenges, supply chain snarls and macroeconomic forces have conspired this year to keep automakers […]

Rivian upholds 2022 production targets as net loss widens by Jaclyn Trop originally published on TechCrunch

Peacock adds live TV from all local NBC stations to its Premium Plus tier

November 9, 2022

Peacock announced that, on November 30, its Premium Plus subscribers will get 24/7 access to their local NBC station in all of NBC’s 210 markets, including live TV programming like local news, sports, weather, and entertainment. Subscribers will soon be able to livestream popular programs like “The TODAY Show,” “The Tonight Show Starring Jimmy Fallon” […]

Peacock adds live TV from all local NBC stations to its Premium Plus tier by Lauren Forristal originally published on TechCrunch

Roblox stock drops on widening losses in Q3, but other growth metrics remain strong

November 9, 2022

One of the big players in the “metaverse” space, gaming platform Roblox, saw its stock tumble by over 15% in pre-market trading on Wednesday after reporting a wider-than-anticipated loss in its third-quarter earnings. The company, which caters to a younger demographic with its virtual world gaming platform, reported a loss of $297.8 million, or 50 […]

Roblox stock drops on widening losses in Q3, but other growth metrics remain strong by Sarah Perez originally published on TechCrunch