Electric truck maker Rivian filed confidential paperwork for an initial public offering, the company said on Friday. Rivian provided no other financial details about its business and said the size and price range for the proposed IPO haven’t been determined. Rivian has already raised a staggering sum of money from private investors, $10.5 billion in total since 2019. Those investors include...
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The Briefing Apple Entertainment
Apple’s Mac Renaissance
For a company as routinely successful as Apple, continued success can get repetitive. Tonight’s earnings call, for instance, was so full of the usual hyperbole about record revenues that Chief Financial Officer Luca Maestri repeated a segment of his commentary without missing a beat. But within the eye-glazing recitations of Apple’s various records—and, for the TV service, its award nominations...
DOJ, State AGs say Epic Games Antitrust Ruling Was Wrong
SoftBank COO Marcelo Claure To Leave Firm
Robinhood Stock Sinks as it Forecasts Steep Drop in Revenue
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