Rivian lays off 10% of workforce as EV pricing pressure mounts

February 21, 2024

Rivian is laying off 10% of its salaried workforce in a bid to cut costs in an increasingly tough market for electric vehicles, putting even more pressure on future, more affordable EV called the R2. A limited number of non-manufacturing hourly employees will also be cut, founder and CEO RJ Scaringe said in a companywide […]

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India spurs space sector investment with raised limits on foreign funding

February 21, 2024

India has updated official rules in the space sector to attract global investors and companies, after opening it up to private players four years ago. The new foreign direct investment (FDI) policy raises limits on foreign investment, potentially spurring renewed interest in the South Asian space community. Private and public actors in India have been […]

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Hundreds of AI luminaries sign letter calling for anti-deepfake legislation

February 21, 2024

Hundreds in the artificial intelligence community have signed an open letter calling for strict regulation of AI-generated impersonations, or deepfakes. While this is unlikely to spur real legislation (despite the House’s new task force), it does act as a bellwether for how experts lean on this controversial issue. The letter, signed by over 500 people […]

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In a reversal, Apple is now demanding 30% of the donations to meditation app Insight Timer’s teachers

February 21, 2024

The CEO of meditation app Insight Timer, Christopher Plowman, is frustrated. He doesn’t think the teachers who leverage his app’s marketplace to reach their students should have to share 30% of their income with Apple — its commission on in-app purchases — and for the past 12 months, Apple had also agreed. After Apple loosened […]

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3 Common Myths About Franchising That You Need to Stop Believing

February 21, 2024
Tackling three myths about franchising and making the argument for why companies should consider the franchising model to scale their businesses and why it can be an excellent opportunity for entrepreneurs to create economic and social value.