TechCrunch Mobility is a weekly newsletter dedicated to all things transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to TechCrunch Mobility — your central hub for news and insights about the future of transportation. I was in Los Angeles earlier this week where I interviewed Waymo co-CEO Tekedra Mawakana on stage at the StrictlyVC LA event. You can watch the entire interview here, which covers her views on the Apple Car project, the company's “community tour” in Los Angeles, whether Waymo has learned anything…
Author: ricardofrancois
Camshaft revealed in court filings this week that about $533 million it managed for Byju's Alpha, a US unit of Indian edtech group Byju's, was transferred to another 100% US-based subsidiary of Byju's, refuting allegations that The Indian company used the wealth. Manager services for embezzlement of funds. In court filings, Camshaft said the capital was transferred to Inspilearn LLC, a Delaware-based subsidiary of Byju's. Camshaft also clarified that Byju's or any of its entities are not limited partners in the hedge fund. Byju's said in a statement that Camshaft's disclosure is consistent with the Indian startup's position that it…
Stay informed with free updatesSimply subscribe to Oil myFT Digest – delivered straight to your inbox.OPEC+ members led by Saudi Arabia and Russia have extended the latest round of voluntary oil production cuts for another three months, as they try to boost prices that have remained low despite ongoing geopolitical tensions.The restrictions were scheduled to end at the end of March, but will now continue until the end of June, according to the Saudi Press Agency.These measures are added to a series of production cuts by OPEC+ members since 2022 with the aim of supporting prices amid rising US production…
Warner Bros. “Dune: Part Two” easily made its way to the top of the domestic box office this weekend, pulling in $81.5 million, the biggest opening of 2024, according to estimates from measurement firm Comscore.The highly anticipated sequel to Oscar-winning director Denis Villeneuve's epic sci-fi thriller slightly beat early box office expectations, which predicted it would open with $70 million to $80 million in the U.S. and Canada.Internationally, “Dune 2” opened with $97 million for a global cumulative total of $178.5 million, according to studio estimates.The future blockbuster gave the domestic box office a much-needed boost after a nearly four-month…
A gesture by Saudi Energy Minister Prince Abdulaziz bin Salman Al Saud upon his arrival at the 8th OPEC International Symposium in Vienna on July 5, 2023.Alex Hallada | AFP | Getty ImagesHeavy oil producers Saudi Arabia and Russia will extend their voluntary crude supply cuts until the end of the second quarter.The two countries chair the grouping of the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+.Saudi Arabia will extend its voluntary crude oil production cut by one million barrels per day until the end of the second quarter, the state-owned Saudi Press Agency said…
Open Editor's Digest for freeRula Khalaf, editor of the Financial Times, picks her favorite stories in this weekly newsletter.The leader of the UK's largest private sector pension scheme has urged the government to refrain from excessive interference in how pension funds are managed.Speaking last week, before the Treasury set out plans for a major reform of the sector, Carol Young, chief executive of the £73bn university pension scheme, said she had no problem with new disclosure requirements on schemes to report the size of their investments in the kingdom. United. .But she told the Financial Times she would have “reason…
Mack MD Electric Trucks.Mack trucksMack Trucks, founded in Brooklyn, New York, in 1900, is known for its large, diesel-powered 18-wheel excavators with the distinctive Bulldog logo mounted on the hood. For 2021, this distinctive trim debuts in copper, rather than its usual gold, marking the venerable manufacturer's first foray into battery-powered electric vehicles. Appropriately, the LR Electric is a heavy-duty garbage truck, designed to pick up and dispose of all types of waste, without emitting any harmful greenhouse gases.Mack has since delivered about 35 LRe to a growing number of cities — from New York City to Miami, Fla. —…
Good morning, and welcome to the Essential California newsletter. It's Sunday, March 3rd. I'm Andrew J. Kamba, your host. Here's what you need to know to start your weekend: the news Start your day right Sign up for Essential California to get news, features and recommendations from the LA Times and beyond in your inbox six days a week. Enter your email address Involve me You may occasionally receive promotional content from the Los Angeles Times. As election season winds down, here's the Los Angeles Times' endorsement There are many issues, actions and candidates on the 2024 presidential primary ballot,…
Chrome | iStock | Getty ImagesBiotechnology company Viking Remedies It has emerged as a potentially strong entrant – or takeover target – in the emerging weight-loss drug market. Viking is just one of many companies racing to join the growing space. Some analysts say the market could be worth $100 billion by the end of the decade. Viking aims to compete with injectable medications from Eli Lilly And Novo Nordisk. Their treatments sparked a gold rush in the weight-loss drug industry over the past year despite their sky-high prices and barriers to insurance coverage. Some Wall Street analysts said Viking's…
William Shatner attends the William Shatner Imprint Party hosted by Legion M during 2022 Comic-Con International: San Diego at Theater Box on July 21, 2022 in San Diego, California.Emma McIntyre | Getty ImagesWhen Paul Scanlan and Jeff Annison first dreamed up their production studio, Legion M, they set out to build not just a company, but a community.The movie studio behind sensational names like “Jay and Silent Bob Reboot,” “Colossal” and the upcoming William Shatner documentary “You Can Call Me Bill” is part of a shift in Hollywood over the past decade to a new model of crowdfunding, allowing producers…