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Hit game PUBG Mobile returns to India with scores of questions
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Hit game PUBG Mobile returns to India with scores of questions

Krafton, which filed for an IPO earlier this week, has built a gigantic gaming empire. If the firm is able to raise the target $5 billion from the IPO it will be the largest public offering in its home country, South Korea. The firm has something to celebrate elsewhere in the world, too. On Thursday,...

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Mobility startups can be equitable, accessible and profitable

Mobility should be a right, but too often it’s a privilege. Can startups provide the technology and the systems necessary to help correct this injustice? Shared micromobility, in particular, offers an opportunity for more equitable and accessible mobility within cities, but only if done intentionally. Building equity and accessibility into the business model is not...

Chinese startup Pony.ai to offer driverless robotaxi service by 2022 in California
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Chinese startup Pony.ai to offer driverless robotaxi service by 2022 in California

The US-China-based company is conducting passenger transport tests on its driverless vehicles. Pony.ai robotaxis would begin operating commercially sometime next year. Grow Your Business, Not Your Inbox Stay informed and join our daily newsletter now! June 17, 2021 5 min read This article was translated from our Spanish edition using AI technologies. Errors may exist...

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Canoo to build its first electric vehicle factory in Oklahoma

Canoo, the electric vehicle startup that recently became a publicly traded company through a merger with a SPAC, plans to build a factory in Oklahoma that will employ up to 2,000 workers, newly appointed CEO Tony Aquila said Thursday during the company’s investor day presentation. The factory will be located on a 400-acre site in...

Three big questions about Facebook’s new VR ads
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Three big questions about Facebook’s new VR ads

Yesterday, Facebook took a leap many people have been predicting for years: it started putting ads inside virtual reality. The company launched a limited test of advertisements inside three Oculus Quest apps, saying it would expand the system based on user feedback. The move is a turning point for Oculus, bringing one of Facebook’s most...

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Wise announces plans to go public via direct listing

Wise, the fintech company formerly known as TransferWise, has announced that it wants to become a public company on the London Stock Exchange. Instead of following the traditional IPO route, Wise plans to go public via a direct listing. This is going to be the biggest direct listing on the London Stock Exchange. If you’re...

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Lordstown Motors reverses claims about ‘binding orders’ for electric pickup truck

Lordstown Motors does not have binding orders from customers for its electric Endurance pickup truck — a reversal from claims made earlier this week by company executives in an effort to restore confidence in the troubled company, according to a regulatory filing released Thursday. Lordstown Motors interim CEO Angela Strand and President Rich Schmidt made...