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UK-based self-driving technology startup Wayve is allowing its employees to sell some of their vested interests. The $85 million tender offer is essentially a structured opportunity for employees to sell stock back to investors, led by existing and new investors based on the company’s latest valuation of $8.5 billion. The valuation was set in February when the nine-year-old company raised $1.2 billion in a Series D led by Eclipse, Balderton and SoftBank Vision Fund 2, with participation from the Ontario Teachers’ Pension Plan, Baillie Gifford, Microsoft, Nvidia and Uber. This is Wayve’s second employee mobility event. The company previously conducted…
China has emerged as the main beneficiary of the closure of the Strait of Hormuz, according to Asia Group, a strategic advisory firm based in Washington, DC. A report released this week said the disruption of supplies of crude oil and other goods from the Middle East was having an uneven impact on economies in Asia that rely heavily on imports for fuel. However, China’s ability to diversify its energy supplies and tap into emergency reserves has given it a strategic advantage in a broadly devastating crisis, the Asia Group said. China helped ease the global oil shock, exports of…
Carolyn Bessette-Kennedy’s colorist slams Ryan Murphy’s ‘completely wrong’ JFK Junior seriesPaul Anthony Kelly is having a mane character moment. The Love Story star, known for playing the fictionalized version of John F. Kennedy Jr. opposite Sarah Pidgeon’s Carolyn Bessette Kennedy on the FX series, debuted a flashy new hair color in preparation for his role in the upcoming American Horror Story. Kelly, 37, debuted her sleek blonde waves in the first look of Season 13, which showrunner and creator Ryan Murphy’s production company shared on Instagram on June 30, welcoming Kelly to the AHS family. In the sneak preview images,…
Argentina’s Messi is tied in goal with France’s Mbappe as the World Cup favorites aim to advance to the knockout stages.Published July 1, 2026July 1, 2026Regards, Lionel. This is what soccer fans are hoping Kylian Mbappé said to Lionel Messi after France’s dominant victory at the 2026 FIFA World Cup.As the tournament progresses to the finals, the battle for the tournament’s top scorer becomes even more intense.Recommended stories list of 4 itemsend of listArgentina’s great Messi is competing with French superstar Mbappe for the top spot, with Norway’s Erling Haaland and Brazil’s Vinicius Junior close behind.Here’s what you need to…
Organic eggs are stacked on a loading dock on February 18, 2025 in Petaluma, California. Justin Sullivan | Getty Images News | Getty ImagesThe Justice Department and 17 state attorneys general have reached $3.3 million settlements with three of the nation’s largest egg producers for alleged price-fixing that “artificially inflated” egg prices for consumers and retailers, federal and state officials announced Monday.Egg producers Calmaine Foods, Versova, and Hickman’s Egg Ranch also agreed to donate approximately 53 million eggs to food banks and related nonprofit organizations as part of the settlement.Based on the current average price for 12 large Grade A…
The United States has lifted the requirement for Anthropic to obtain a license before exporting its Mythos and Fable models overseas. This requirement effectively cut off public access to what is widely considered the most advanced AI model ever released. AI Lab announced that it will begin restoring access to its models on Wednesday, July 1st. On June 12, the U.S. government added these products to its list of export-restricted technologies. This means that those products will be available to foreigners without special approval. Following this rule proved impractical at scale, and Anthropic was forced to completely end public access…
CNBC’s Jim Cramer on Tuesday laid out a simple framework for Wall Street’s current approach to artificial intelligence trading.”Wall Street is currently rewarding tech companies with products that are in high demand and punishing their customers,” the “Mad Money” host said. The shift is done as follows “Magnificent Seven” Investors questioned whether the group’s huge AI investments would ultimately generate enough revenue and free cash flow to justify their decisions, resulting in a total market capitalization loss of around $2.3 trillion during June. The Mag 7 consists of: appleGoogle’s parent alphabet, Amazon, microsoft, meta, Nvidia and tesla. The biggest spenders…
Nuestra Covertura in Spanish Yesterday, as Venezuelans in La Guaira continued to scavenge through the rubble of collapsed buildings, a government excavator stood motionless next to piles of concrete and bent rebar. It’s been nearly a week since two major earthquakes destroyed much of this coastal city, and there’s a lot of work to be done. Heavy machinery is an essential tool in the aftermath, but when CNN asked the excavator operator why it wasn’t working, he said he didn’t have enough gasoline to put it in the machine. Venezuela, a country with the world’s largest reported oil reserves, has…
September 2024: Taylor Frankie Paul talks about 2023 arrestPaul admitted In an interview with Eh! news The argument with Mortensen was their “definite low point,” he said. “He supported me because he knew everything that was going on behind closed doors,” she said. “It was a terrible night and I’m full of regrets. I could really relate to Dakota because he’s been at rock bottom himself. He was like, ‘I want to get you out of this.'” Of the confrontation itself, she later said: Incidents were piling up. “I had an ectopic pregnancy a few months ago and then a…
Mercury forward Alyssa Thomas was suspended after her fist made contact with Caitlin Clark’s throat.Published July 1, 2026July 1, 2026Phoenix Mercury forward Alyssa Thomas said she was suspended for one game and later received death threats and racial slurs after touching Caitlin Clark’s throat with her fist during last week’s WNBA game against Indiana.Speaking to reporters at the team’s practice facility on Tuesday, Thomas also criticized WNBA Commissioner Cathy Engelbert for not doing more to protect the league’s players.”It’s unfortunate that this has happened in basketball,” Thomas said.”A lot of people, myself included, didn’t even know that play happened until…