Applied Intuition to buy autonomous trucking SPAC Embark for $71M
[ad_1] Embark Trucks, the autonomous trucking company that recently cut 70% of its workforce, is being acquired by Applied Intuition, a simulation and software provider for autonomous vehicle development. The…
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Bird stock dips 11% on news of reverse stock split
[ad_1] Shared micromobility company Bird’s share price fell 10.8%, or about two cents, in after-hours trading after the company said it would issue a reverse stock split. The move is…
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Musk’s The Boring Company to expand Vegas Loop to 18 new stations
The Boring Company, Elon Musk’s project to build underground highways to alleviate traffic congestion, received approval Wednesday to expand its “Vegas Loop,” an underground tunnel system beneath Las Vegas that…
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