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An institutional investor is suing Amazon and its board, including founder and executive chairman Jeff Bezos, over hefty launch contracts they awarded to Bezos’ space company, Blue Origin. The suit, filed by Amazon shareholders the Cleveland Bakers and Teamsters Pension Fund, alleges that the board spent less than 40 minutes approving the launch agreements for […] from TechCrunch https://ift.tt/KzCjymH via IFTTT

An institutional investor is suing Amazon and its board, including founder and executive chairman Jeff Bezos, over hefty launch contracts they awarded to Bezos’ space company, Blue Origin. The suit, filed by Amazon shareholders the Cleveland Bakers and Teamsters Pension Fund, alleges that the board spent less than 40 minutes approving the launch agreements for […] source https://techcrunch.com/2023/08/31/lawsuit-alleges-no-due-diligence-in-amazons-project-kuiper-launch-contracts-to-blue-origin-ula/

EV startup Fisker revealed more details about its $29,900 Pear electric urban lifestyle crossover vehicle Thursday at the company’s Product Vision Day. Included in that reveal was confirmation that Foxconn, the consumer electronics manufacturer most well-known for making Apple iPhones, would be producing the vehicle at its Lordstown, Ohio, manufacturing facility. In early August, Henrik […] from TechCrunch https://ift.tt/lpDUKXP via IFTTT

EV startup Fisker revealed more details about its $29,900 Pear electric urban lifestyle crossover vehicle Thursday at the company’s Product Vision Day. Included in that reveal was confirmation that Foxconn, the consumer electronics manufacturer most well-known for making Apple iPhones, would be producing the vehicle at its Lordstown, Ohio, manufacturing facility. In early August, Henrik […] source https://techcrunch.com/2023/08/31/fisker-confirms-foxconn-will-build-its-29900-pear-ev-but-questions-remain/

Sooner or later, the numbers were going to contract. Broadly speaking, the pandemic has been a gamechanger for automation broadly and robotics specifically. But not even those categories are immune from macro trends. Per new numbers from the Association for Advancing Automation (A3) — whose job it is to track such things — North American […] from TechCrunch https://ift.tt/WmVrGwE via IFTTT

Sooner or later, the numbers were going to contract. Broadly speaking, the pandemic has been a gamechanger for automation broadly and robotics specifically. But not even those categories are immune from macro trends. Per new numbers from the Association for Advancing Automation (A3) — whose job it is to track such things — North American […] source https://techcrunch.com/2023/08/31/robotics-sales-decline-for-second-straight-quarter-amid-economic-woes/

French startup Teale has secured a funding round of $11 million earlier this summer (€10 million). The company provides a mental health platform for employees and helps HR managers when it comes to preventing burnout or quiet quitting. Alter Equity and Bpifrance’s Digital Venture fund are leading the Series A funding round. Existing investors Isai […] source https://techcrunch.com/2023/08/30/teale-your-mental-health-companion-at-work-raises-11-million/