Bankrupt EV startup Arrival sold its assets to Canoo

March 25, 2024

Bankrupt commercial EV startup Arrival has sold some of its assets, including advanced manufacturing equipment to Canoo, another struggling startup trying to build and sell electric vehicles. The acquisition, which was touted as a cost-saving measure that will reduce capital expenditures by 20%, comes as Canoo struggles to move beyond prototypes towards commercial production. Canoo […]

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Profluent, spurred by Salesforce research and backed by Jeff Dean, uses AI to discover medicines

March 25, 2024

Last year, Salesforce, the company best known for its cloud sales support software (and Slack), spearheaded a project called ProGen to design proteins using generative AI. A research moonshot, ProGen could — if brought to market — help uncover medical treatments more cost effectively than traditional methods, the researchers behind it claimed in a January […]

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TechCrunch Space: Returning to the moon

March 25, 2024

Hello and welcome back to TechCrunch Space. Mark your calendars, everyone: Boeing and NASA are planning to conduct the first crewed Starliner mission as soon as May 1.

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Maju Kuruvilla is out as CEO of one-click checkout company Bolt

March 25, 2024

Maju Kuruvilla is no longer CEO of one-click checkout company Bolt. He is replaced by Justin Grooms, Bolt’s global head of sales, who is now interim CEO, according to Grooms’ LinkedIn profile. Kuruvilla didn’t have much to say about the change but did confirm it both on LinkedIn and X, by posting, simply “One-Click Checkedout […]

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Fisker trading suspended by NYSE

March 25, 2024

The exchange said Monday that Fisker’s stock is “no longer suitable for listing” because of “abnormally low” price levels.

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A judge just killed Elon Musk’s lawsuit against an anti-hate research org

March 25, 2024

A federal judge sided against Elon Musk today, dismissing a lawsuit brought by Musk and X targeting a nonprofit that researches online hate. X sued the Center for Countering Digital Hate (CCDH) last year, accusing the group of spreading misleading claims after it published a series of unflattering reports about hate and extremism on the platform. […]

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