The Download: future grids, and bad boy bots
Rivian shares fall on missed revenue expectations, production forecast
Electric vehicle maker Rivian generated $663 million in revenue in the fourth quarter and $1.66 billion for the full year, a result that was buoyed by an uptick in production and deliveries towards the end of the year but still wasn’t enough to meet Wall Street’s expectations. Yahoo analysts surveyed expected Rivian to generate $742.4 […]
Rivian shares fall on missed revenue expectations, production forecast by Kirsten Korosec originally published on TechCrunch
Mozilla leads Mastodon app Mammoth’s pre-seed funding
Mammoth, a recently launched Mastodon app that’s trying to make it easier on users who want to join the decentralized social web, has a notable financial backer. The company confirmed that its leading pre-seed investor is Mozilla, a proponent of the open web, who invested in the company’s first general round alongside others, including Long […]
Mozilla leads Mastodon app Mammoth’s pre-seed funding by Sarah Perez originally published on TechCrunch
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TIDAL will cut ‘direct artist payout’ program to invest more in emerging artists
The Block-owned music streaming service TIDAL is shifting the way it pays artists after an experimental program failed to generate results. Unlike Spotify and other market leaders, which pay musicians small fractions (…of fractions) of pennies for each play, TIDAL has taken a more imaginative approach to artists payouts. The platform, which targets consumers who […]
TIDAL will cut ‘direct artist payout’ program to invest more in emerging artists by Amanda Silberling originally published on TechCrunch