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Electric Truck Maker Rivian Raises $2.5 Billion Round

By Paris Martineau
· · Source: The Information

Electric truck maker Rivian said it has raised $2.5 billion in a new round led by Amazon’s Climate Pledge Fund, D1 Capital Partners, Ford Motor Company and funds advised by T. Rowe Price. The announcement comes just a day after the  California-based automaker confirmed to Reuters that it plans to break ground on a second U.S. based factory in the next year. The manufacturing facility, which...

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Images of live-shopping app NTWRK. Illustration by Mike Sullivan. Photo courtesy of NTWRK.
Hi, welcome to the Weekend.It might seem against the holiday spirit to say so, but does anyone really love gift-shopping these days? Even pre-pandemic, it was a stress-inducing affair, loaded with decision fatigue, toy-of-the-year FOMO and ghosts of bad presents past.Into this consumerist minefield has stumbled a strange new entrant: livestream shopping. In this week’s issue, writer Janet...
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