California is launching a new incentive program for first-time electric vehicle buyers that gives a leg up to companies like Rivian and Lucid. Gov. Gavin Newsom on Monday signed a bill, SB 168, into law that will give first-time electric vehicle customers an instant incentive of $3,500 for a new vehicle and $1,750 for a
Singapore-based video generation startup PixVerse today said it has closed its Series C extension, with a total of $439 million raised in the round. The company told TechCrunch that with the new tranche of financing, its valuation has surpassed $2 billion. With the cash, the company aims to expand its global model offering and reach
Flock Safety is going through a rough patch with one of its biggest clients. The Los Angeles Police Department let its agreement with the surveillance company expire over the past weekend, a department spokesperson told Business Insider on Monday. “We wanted to address some of the concerns about civil liberties and civil rights and ensure
Uber has spent the last year quietly moving beyond the two businesses most people associate it with. There’s ride-hailing, of course, and delivery, but spend time on the app and you’ll now find Expedia-powered hotel bookings, “buy for me” concierge features, and boat rentals in Europe. Under the hood, so to speak, there’s a lot
Louisiana is where Beyoncé’s mother, fashion designer Tina Knowles, was born and raised. In 2015, several media outlets reported that the couple purchased a Spanish Baroque-style mansion in New Orleans’ Garden District. The home on Harmony Street, known locally as La Casa de Castille, was listed for $2.6 million at the time of its purchase,
Nous Research, the startup behind open source agent Hermes, is finalizing a new funding round led by Robot Ventures, with significant participation from USV and other prominent investors at a valuation of $1.5 billion, according to three sources with knowledge of the deal. The company is raising at least $75 million and has drawn a
