Week in Review: Most popular stories on GeekWire for the week of Sept. 26, 2021
Get caught up on the latest technology and startup news from the past week. Here are the most popular stories on GeekWire for the week of Sept. 26, 2021. Sign up to receive these updates every Sunday in your inbox by subscribing to our GeekWire Weekly…
Rivian IPO filing reveals financial losses and 50,000 preorders
Rivian, the maker of electric pickups backed by Amazon.com, disclosed a net loss of almost $1 billion in the first half of the year in its initial public offering paperwork. The Irvine, California-based startup in a filing Friday with the U.S. Securities…
Google awards Rochester-based startup grant money
“Our goal is to help businesses use our technology to communicate and interact better with the deaf and hard of hearing community,” said Yamillet Payano, co-founder and chief operating officer of Sign-Speak. “Imagine two tablets back to back and we…
How Rivian – which just debuted its Cybertruck rival
Rivian Rivian has started producing its debut vehicle, the R1T electric pickup truck. The vehicle has generated positive first impressions. Experts consider Rivian the most promising contender among today’s EV startups. See more stories on…
Rivian Details $1 Billion Loss, Amazon Deal in IPO Filing
(Bloomberg) — Rivian Automotive Inc., the maker of electric pickups backed by Amazon.com Inc., disclosed a net loss of almost $1 billion in the first half of the year in its initial public offering paperwork. Most Read from Bloomberg The Irvine,…
Ozy to shut down after advertisers flee embattled media startup
Embattled media startup Ozy Media Inc. will shut down following an exodus of advertisers, claims that it inflated its online-traffic numbers and a scandal involving its co-founder posing as a YouTube executive. “At Ozy, we have been blessed with a…
embedded news week: can we get anything as-a-service?
Here’s our weekly snapshot of some of the embedded news that has come through our inbox, covering products, funding, events and people news. Two key announcements this week seem to highlight the proliferation of the ‘as-a-service’ business model. Both…
EV Startup Lordstown Nears Deal to Sell Its Only Factory to Foxconn
The Lordstown Motors factory is where GM once operated, in Lordstown, Ohio, on October 16, 2020. MEGAN JELINGER/AFP via Getty Images Cash-strapped electric truck startup Lordstown Motors is nearing a deal to sell its only factory in Ohio to Taiwan’s…
Foxconn is buying Lordstown Motors’ Ohio EV factory for $230 million
iPhone assembler Foxconn is buying an automotive factory from struggling EV startup Lordstown Motors for around $230 million, the companies announced late Thursday. Foxconn says it has agreed to build Lordstown Motors’ electric pickup truck at the plant,…
Sports Betting Startups Selected For Las Vegas Pitch Competition | News
LAS VEGAS, Sept. 30, 2021 /PRNewswire/ — Five sports betting startups have been selected to present their business plans to industry executives and investors at the upcoming Global Gaming Expo (G2E) conference in Las Vegas. A panel of judges…