Amid a fraught environment for battery startups, Sila has raised $375 million to finish construction of a U.S. factory that will scale its next-generation battery technology for customers […]
VinFast crash that killed family of four now under federal investigation
The top vehicle safety regulator in the U.S. has launched a formal probe into an April crash involving the all-electric VinFast VF8 SUV that claimed the lives of […]
Anthropic is expanding to Europe and raising more money
On the heels of OpenAI announcing the latest iteration of its GPT large language model, its biggest rival in generative AI in the U.S. announced an expansion of […]
SBF’s prison sentence marks the end of the crypto grift era — so what’s next?
On Thursday, a federal judge sentenced former FTX CEO Sam Bankman-Fried to 25 years in prison after he was found guilty on seven charges of wire fraud and […]
Sam Bankman-Fried gets 25 years in prison for fraud and money-laundering at FTX
Sam Bankman-Fried, the co-founder and former CEO of crypto exchange FTX and trading firm Alameda Research, was sentenced to 25 years in prison by Southern District of New […]
Tesla settles California hazardous waste lawsuit with a $1.5 million fine
Well, that was fast. A settlement has been reached just one day after District Attorneys from 25 California counties filed a lawsuit against Tesla over allegations the automaker […]
Nikola founder Trevor Milton sentenced to 4 years for securities fraud
Trevor Milton, the disgraced founder and former CEO of electric truck startup Nikola, was sentenced Monday to four years in prison for securities fraud. The sentence, by Judge […]