Aurora Innovation, the high profile self-driving truck developer, on Thursday confirmed earlier reports that it would go public by merging with a special purpose acquisition company. At the same time, Aurora made no secret of how hard the journey would be: the company projected that it would burn $4.3 billion over the next six years, which means it will need to raise billions of dollars later on...
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Pinterest’s Tardy CEO Shakeup
What timing! No one could say they were surprised that Ben Silbermann is stepping down as CEO of Pinterest—that’s something we’ve expected for a while. After all, while he and his co-founder, Evan Sharp, built the business into a public company worth $13 billion—even after the stock plunge of recent months—Silbermann lately has been grappling with falling user numbers in the U.S. No, what is...
Email App Front Doubles Valuation to $1.7 Billion
Disney’s Board Renews Chapek’s Contract for Three Years
Pinterest’s Silbermann Steps Down
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