Article Trunk



Posts Tagged ‘amazon’

Amazon backs Rivian, the Tesla rival behind a new electric truck and SUV

02.15.2019 · Posted in Technology Articles

Amazon is on a spending spree. Last week the online retailer invested in self-driving vehicle startup Aurora. On Friday, it announced it was the main investor in an upcoming all-electric truck and SUV company, Rivian. Amazon leads a group investing $... ...

Daily Crunch: Amazon scraps HQ2 plans in NYC

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Did New York lose anything with Amazon’s rejection? It’s complicated. Amazon announced yesterday that it’s taking its ball and going home, ...

As GE and Amazon move on, Google expands presence in Boston and NYC

NYC and Boston were handed huge setbacks this week when Amazon and GE decided to bail on their commitments to build headquarters in the respective cities on the same day. But it’s worth pointing out that while these large tech organizations were pulling out, Google was expanding in both locations. Yesterday upon hearing about Amazon’s decision ...

Amazon leads $700M round in electric automaker Rivian

Rivian, the electric automaker that debuted its first two vehicles just three months ago, has raised $700 million in a round led by Amazon . The news follows a report earlier this week by Reuters that GM and Amazon were in talks to invest in the electric vehicle company. “We’re inspired by Rivian’s vision for ...

Urban unicorn renewal

Three cities, three dead urban unicorn renewal projects. In just the past few days, we’ve had Foxconn renege on Wisconsin, Amazon renege on NYC, and GE renege on Boston. Each followed the Anna Karenina principle that every unhappy economic development deal is unhappy in its own way: for Foxconn, it was trade tariffs and slowing ...

Rivian Gets $700 Million Investment Led By Amazon

02.15.2019 · Posted in Cars Articles, Other Vehicles Articles

This just in…Rivian gets big backing from Amazon. Electric truck and SUV maker Rivian just got an influx of $700 million in funding in an investment round led by none other than Amazon. Though the investment round was led by Amazon, this doesn’t rule out the possibility that General Motors was an investor too, as ...

Detailed Elaboration On The Rivian, GM, Amazon Deal: Video

02.15.2019 · Posted in Cars Articles, Other Vehicles Articles

Will GM and Amazon’s huge investment in Rivian play out? Why does it make sense? Our good friend Sean Mitchell has become a bit of an expert on Rivian. While many publications, including mainstream media, are just learning about the upcoming EV company, Mitchell has been covering it for some time. He even enjoyed an ...