Joby Aviation shares pop 20% as electric air taxi maker closes $250 million Toyota investment

Posted on May 28, 2025 by Techme101

Joby announced that it received the first $250 million of a $500 million investment from Toyota to support its air taxis.

Posted in Tech | Tagged | Comments Off on Joby Aviation shares pop 20% as electric air taxi maker closes $250 million Toyota investment

Instacart names Chris Rogers as CEO after Fidji Simo’s exit for OpenAI

Posted on May 28, 2025 by Techme101

Instacart has appointed business chief Chris Rogers as its new CEO, less than a month after OpenAI announced CEO Fidji Simo as its new operations chief.

Posted in Tech | Tagged | Comments Off on Instacart names Chris Rogers as CEO after Fidji Simo’s exit for OpenAI

Telegram announces partnership with Musk’s xAI

Posted on May 28, 2025 by Techme101

The $300m deal, which will last one year, will see xAI’s assistant Grok integrated into Telegram.

Posted in Tech | Tagged | Comments Off on Telegram announces partnership with Musk’s xAI

Apple expands Self Service Repair to iPads

Posted on May 28, 2025 by Techme101

Apple’s Self Service Repair program is expanding to the iPad, the tech giant announced on Wednesday. The program will give iPad owners the tools they need to repair their devices at home. They can get access to repair manuals, genuine Apple parts, Apple Diagnostics troubleshooting sessions, tools, and rental toolkits. Starting Thursday, users who have […]

Posted in Tech | Tagged | Comments Off on Apple expands Self Service Repair to iPads

xAI to invest $300M in Telegram, integrate Grok into app

Posted on May 28, 2025 by Techme101

Telegram CEO Pavel Durov on Wednesday said Elon Musk’s AI company, xAI, is investing $300 million worth of cash and equity in the chat app.

Posted in Tech | Tagged | Comments Off on xAI to invest $300M in Telegram, integrate Grok into app

Elon Musk’s Neuralink raises $600M at $9B valuation

Posted on May 28, 2025 by Techme101

Elon Musk’s brain implant startup, Neuralink, has raised $600 million in a funding round that values the company at $9 billion pre-money, Semafor reported, citing anonymous sources. Semafor did not mention the investors involved in the round. Neuralink last raised $43 million in venture capital, in November 2023, and was valued at about $5 billion […]

Posted in Tech | Tagged | Comments Off on Elon Musk’s Neuralink raises $600M at $9B valuation

Auto Shanghai 2025 Wasn’t Just a Car Show. It Was a Warning to the West

Posted on May 28, 2025 by Techme101

After poaching some of the best Western auto talent, China’s car industry is about to dominate globally with charging rates, ranges, luxury design, technology, and sheer volumes.

Posted in Business | Tagged | Comments Off on Auto Shanghai 2025 Wasn’t Just a Car Show. It Was a Warning to the West

Goldman-backed Starling Bank reports 26% drop in annual profit as it flags Covid loan fraud issue

Posted on May 28, 2025 by Techme101

British neobank Starling posted an annual profit before tax of £223.4 million, down nearly 26% year-on-year.

Posted in Tech | Tagged | Comments Off on Goldman-backed Starling Bank reports 26% drop in annual profit as it flags Covid loan fraud issue

China and tariffs have wiped off $130 billion from critical chip firm ASML since peak value

Posted on May 28, 2025 by Techme101

ASML, like many chip firms, has been hit by restrictions on exports to China and U.S. tariff uncertainty.

Posted in Tech | Tagged | Comments Off on China and tariffs have wiped off $130 billion from critical chip firm ASML since peak value

Litehaus raises €1.46M pre-seed to build home-building platform

Posted on May 28, 2025 by Techme101

All Thibault Launay and his wife Simi wanted nearly five years ago was to build a dream home in Portugal, where they both now live.  But what they encountered instead was a broken system. “Fourteen months of delays, 20% budget overruns, and endless stress managing over 10 subcontractors,” Thibault recalled. They bought the land in […]

Posted in Tech | Tagged | Comments Off on Litehaus raises €1.46M pre-seed to build home-building platform