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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
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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.
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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.
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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.
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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.
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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.’
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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.