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Amazon-backed Indian D2C beauty brand MyGlamm raises $71 million
by Manish Singh on 26. July 2021 at 18:17
MyGlamm, a direct-to-consumer beauty brand in India that sells most of its products through its own website, app and retail touch points, said on Monday it has raised $71.3 million in a financing round as the Mumbai-headquartered firm looks to scale its business across the South Asian market. The startup had raised $23.5 million in
Polestar to double its retail stores as it seeks to ramp up EV sales
by Kirsten Korosec on 26. July 2021 at 18:08
Polestar plans to launch in nine more markets this year, doubling its global presence as it seeks to sell more of its electric sedans.
I get it, Elizabeth Holmes
by Annie Siebert on 26. July 2021 at 17:55
The next time someone jokes at a cocktail party about Elizabeth Holmes’ baritone voice, remind them how dumb is it that we give more money to people with deep voices.
Lucid Motors kicks off market debut with EV factory expansion plans
by Aria Alamalhodaei on 26. July 2021 at 17:30
The former Lucid Motors will expand its factory in Casa Grande, Arizona, by 2.7 million square feet and aims to ultimately produce 400,000 vehicles a year.
Troubled EV company Lordstown Motors gets $400M lifeline in stock-sale agreement
by Kirsten Korosec on 26. July 2021 at 17:17
This new agreement could allow Lordstown to continue by providing the much-needed capital required to produce its first electric vehicle.
Court orders US Capitol rioter to unlock his laptop ‘with his face’
by Zack Whittaker on 26. July 2021 at 17:12
The FBI argued that compelling Guy Reffitt to unlock his computer by sitting in front of it ‘would not run afoul of the defendant’s Fifth Amendment right against self-incrimination.’
A magnetic helmet shrunk a deadly tumor in its first test
by Darrell Etherington on 26. July 2021 at 17:01
We’ve seen helmets and AI that can spot brain tumors, but a new hard hat can actually treat them, too. Researchers used a helmet that generates a magnetic field to shrink a deadly tumor by a third.