Rivian and the Department of Energy have finalized a $6.6 billion loan announced in November with just a few days left until Donald Trump’s inauguration. The company will use the loan to help build out its planned factory in Georgia, east of Atlanta, with construction beginning in 2026. The first R2 SUVs are scheduled to […]
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Instabase, a company that creates software for extracting processing unstructured data from myriad document types, has raised $100 million in a Series D round of funding. The announcement comes as companies struggle under a deluge of data — data that can unlock key business insights. Indeed, most of the data that companies generate is “unstructured,” […]
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The Supreme Court has upheld the law that will effectively ban TikTok on Sunday, January 19. The decision marks the end of TikTok’s months-long legal fight against a law that essentially forces the ByteDance-owned app to shut down unless it divests its US operations. As of Sunday, it will be illegal for app stores and […]
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Surprise! Donald Trump’s big, audacious ambition to buy Greenland from Denmark has a tech angle. Ken Howery, named by U.S. President-elect Trump’s pick to be the next ambassador to the country (and thus chief broker of any deal), is one more part of the rich seam of tech people running through Trump’s upcoming administration. Part […]
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The European Commission (EC) says it has requested information from Elon Musk’s X related to the algorithms that determine the content it recommends to users. The EC wants to determine how those algorithms may or may not be compliant with the Digital Services Act (DSA), which imposes key obligations on online platforms operating across the […]
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The order bans the automaker from selling consumers’ information to data brokers for five years.
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