Joby launches $200M public offering ahead of 2025 commercial eVTOL release

Electric vertical takeoff and landing vehicle startup Joby Aviation has launched a public offering to sell up to $200 million of its shares of common stock, per a regulatory filing. Joby said it will use the proceeds from the raise — together with its existing cash — to fund its certification and manufacturing efforts, prepare […]
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Elon Musk is $26 billion richer after Tesla’s best day on the stock market since 2013

Tesla shares soared 22% on Thursday, lifting the world’s richest person’s net worth by roughly $26 billion.

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UnitedHealth says Change Healthcare data breach affects over 100 million people in America

Health insurance giant UnitedHealth blamed a ransomware gang for the data breach that included a substantial proportion of America’s health data.
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Electric aircraft startup Lilium has run out of money

Electric aircraft startup Lilium is shutting down after failing to raise emergency money from the German government, according to a regulatory filing. The filing comes after a series of setbacks from the German company that was once a darling in the nascent industry of electric aircraft. Lilium, which was developing vertical take-off and landing (VTOL) aircraft […]
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Google adds new disclosures for AI photos, but it’s still not obvious at first glance

Starting next week, the Google Photos app will add a new disclosure for when a photo has been edited with one of its AI features, such as Magic Editor, Magic Eraser, and Zoom Enhance. When you click into a photo in Google Photos, there will now be a disclosure when you scroll to the bottom […]
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49 US startups have become unicorns so far in 2024: Here’s the full list

The list includes Elon Musk’s xAI, which is already valued at a staggering $24 billion, as well as a good number of other AI startups.
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Zero Motorcycles is raising $120 million

Electric motorcycle company Zero is in the process of closing a new funding round for a little bit more than $120 million, according to a filing with the U.S. Securities and Exchange Commission. The filing shows that Zero has sold around $100 million of the equity round so far from two undisclosed investors. The company […]
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Bluesky raises $15M Series A, plans to launch subscriptions

Decentralized social app Bluesky announced on Thursday that it has raised a $15 million Series A round, following its $8 million seed raise last year. This funding comes as Bluesky sees increased growth, in part from X users who are troubled by recent changes to the block feature, as well as the move to allow […]
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Here is Notion’s email client

Notion, as my colleagues at TechCrunch scooped earlier Thursday, is announcing an email client at its first “Make with Notion” user conference. For now, Notion Mail is in preview, and at least for the time being, it’s more of a Gmail client than a traditional email service. The idea here, Notion says, is to build […]
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Tesla shares surge 19% and head for best day in more than 3 years on Musk’s 2025 growth projection

Tesla shares soared 19% Thursday, putting it on pace for its best day in more than three years, following its better-than-expected third-quarter earnings.

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