Lucid Motors Sees Growth as Production of Gravity SUV Accelerates
Lucid sold 3,309 vehicles in the second quarter, a new record for the EV maker. Still, the company must ramp up production of its Gravity SUV to meet its 2025 target.
Nikola Todorovic to Speak at Disrupt 2025
Nikola Todorovic, co-founder of Wonder Dynamics, joins the AI Stage at TechCrunch Disrupt 2025 in San Francisco from October 27-29. Register to join.
OpenAI Issues Warning Against Misleading Token Sales
OpenAI said Wednesday that it does not endorse Robinhood’s sale of “OpenAI tokens,” noting that these are not equity in the company.
French Fintech Startup Aims for Banking License as Customer Base Grows to 600,000
Qonto, which targets European freelancers and SMBs, currently operates with a payment institution license it obtained in 2018.
Data Breach at Major Airline Exposes Personal Information of Millions
Qantas, the largest airline in Australia, confirmed the theft of 6 million customers’ personal information.
Foxconn Orders Return of Chinese Workers from Indian iPhone Production Facilities
Foxconn ordered over 300 Chinese employees to return home from its factories in India, per Bloomberg.
Rivian Secures $1 Billion from Volkswagen Amid Ongoing Sales Challenges
Rivian sales ticked back up in Q2 but were down 23% from the same quarter last year. The company has been dealing with affordability issues made worse by Trump’s tariffs and trade wars.
Tesla Experiences Declining Sales for the Second Consecutive Year Following Another Disappointing Quarter
Tesla sales fell more than 13% compared to last year as the company struggles to find demand for its aging lineup, and as CEO Elon Musk continues to damage the brand.
Tech Giant Announces Workforce Reduction of 9,000 Employees
Microsoft is leveraging another round of layoffs despite posting consistent growth.
The Dangers of Stalkerware: Why You Should Avoid These Apps
Using stalkerware is creepy, unethical, potentially illegal, and puts your data and that of your loved ones in danger.