• 9
    Sep

    Lucid Motors’ all-electric Air will start below $80,000

    After months of teasers and announcements, Lucid Motors will finally reveal its first all-electric luxury sedan, the Air, during a live stream on September 9. But of course, the day before the big reveal, a little bit of news has trickled out. Lucid Motors has previously alluded that it will offer a high-end variant of the Air. That flagship variant, called the ...
  • 8
    Sep

    Peloton launches new Bike+ and Tread smart home gym equipment, both at $2,495

    Peloton  has launched two new products for its home smart gym lineup, the Bike+ ($2,495) and the Tread ($2,495). While both carry the same price tag, the new exercise bike joins as the premium version of Peloton’s original stationary cycle, which will remain on sale at $1,895, and the Tread is the new entry-level Peloton treadmill product, with the original becoming the Tread+ ...
  • 8
    Sep

    General Motors takes $2 billion stake in electric truck startup Nikola

    Nikola  and General Motors today announced a strategic partnership. Through the deal, GM gets 11% ownership in startup Nikola, and will, in turn, produce Nikola’s wild fuel cell pickup truck by the end of 2022. Both companies’ shares jumped on the news, with Nikola trading up 45% and GM up 11% in pre-market trading. The deal nets GM a $2 billion stake ...
  • 7
    Sep

    Freshket lands $3 million Series A led by Openspace to streamline Thailand’s food supply chain

    Based in Bangkok, Freshket simplifies the process of getting fresh produce from farms to tables. Launched in 2017, the startup has now raised a $3 million Series A, led by Openspace Ventures. Other participants included Thai private equity firm ECG-Research; Innospace; and Pamitra Wineka and Ivan Sustiawan, the co-founders of Indonesian agriculture technology startup TaniHub. French-Singaporean food conglomerate Denis Asia Pacific and ...
  • 7
    Sep

    HumanForest gets $2.3M from Cabify founders and others to grow a ‘free’ e-bike sharing service

    HumanForest, a dockless, shared and ad-supported e-bike service which began trialling a service in London this June, has taken in its first tranche of external funding. The £1.8 million (~$2.3M) investment comes from backers in the mobility space, including Juan de Antonio and Vicente Pascual, founders of ride-sharing app Cabify. As part of the investment, Cabify’s  Pascual has joined the HumanForest board along ...
  • 7
    Sep

    Apple iCloud, Google Drive and Dropbox probed over ‘unfair’ T&Cs in Italy

    14
    0
    Italy’s competition authority has opened an investigation into cloud storage services operated by Apple, Dropbox and Google, in response to a number of complaints alleging unfair commercial practices. In a press release announcing the probe, the AGCM says it’s opened six investigations in all. The services of concern are Google’s Drive, Apple iCloud and the eponymous Dropbox cloud storage service. As well as allegations ...
  • 3
    Sep

    This Garmin GPS aims to improve motorsport’s lap times and more

    Garmin today is announcing a $999 GPS  unit designed specifically for motorsports. Called the Garmin Catalyst the unit aims to be a motorsports coach of sorts, helping drivers improve lap times, and more. It’s the latest example of Garmin testing different markets now that GPS units are built-into most vehicles. Like standard GPS units, the Catalyst mounts on the windshield and provides detailed ...
  • 1
    Sep

    Facebook threatens to block news sharing in Australia as it lobbies against revenue share law

    Adtech giant and self-styled ‘free speech champion’, Facebook,  has threatened to pull the plug on the public sharing of news content on Facebook and Instagram in Australia. The aggressive threat is Facebook’s attempt to lobby against a government plan that will require it and Google to share revenue with regional news media to recompense publishers for distributing and monetizing professionally produced content on their ...
  • 1
    Sep

    Sarcos raises $40 million to bring its Guardian XO exoskeleton to market

    28
    0
    The COVID-19 pandemic has proven a significant catalyst for robotics investments, as companies look to invest in automation. Utah-based Sarcos  Robotics bucks the trend a bit, however, as the purveyor of a technology designed to augment an existing human workforce, rather than replacing a significant chunk through automation. Today the robotic exoskeleton creator announced a $40 million Series C raise, led by ...
  • 31
    Aug

    SpaceX successfully launches its first polar orbit mission from Florida

    SpaceX  performed a milestone first polar orbital launch of a satellite from its East Coast launch facility at Cape Canaveral on Sunday. The Falcon 9 mission carried three payloads, including a SAOCOM-1B synthetic aperture radar satellite which was flown on behalf of the Argentine space agency, and two small satellites for clients Tyvack and PlanetiQ. The launch took place at 7:18 ...