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US & Canadian companies
Lockheed Martin could probably use its planes a little more efficiently
...Perhaps $350k a year just to get the boss’s air taxi in the right place. Haven’t they heard of Wheels Up? Incidentally, Lockheed Martin — creator of the Hellfire missile — has a sustainability page....
May 3, 2024
Robotics
Microsoft, OpenAI and Nvidia back $2.6bn robot start-up
...Adcock, who also co-founded flying taxi service Archer Aviation, added that with the latest investment the company was poised to have a “transformative impact on humanity”....
February 29, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Signature Bank
Short seller warned US regulator about Signature Bank in January
...In 2018, Signature wrote off $129mn in loans tied to taxi medallions, years after Uber and other ride-hailing services had undercut the value of New York City’s taxi licences....
March 21, 2023
Softbank Vision Fund
SoftBank Vision Fund’s bet on Didi falls $4bn into the red
...The Vision Fund’s 20.1 per cent stake in the taxi app, for which it paid $11.8bn in 2019, is now worth $7.8bn after Chinese regulatory pressure hit Didi’s business prospects, cutting its market value almost...
July 25, 2021
Social Media
India’s homegrown ‘Twitter’ courts political parties to shed nationalist tag
...Due to the spat between India’s government and Twitter, Koo was able to benefit from “a need for our own platform”, said Radhakrishna, a serial entrepreneur who sold his first taxi start-up to mobility group...
October 16, 2022
X Corp
What will Musk do with Twitter?
...These are apps that typically allow users to message, shop, send payments or order taxis all in one place — and are popular in China where antitrust laws are less stringent than the US....
October 28, 2022
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
News in-depthAerospace & Defence
Air taxis: flight of fantasy or truly set for lift off?
...Flying cars have been the next big thing for decades, from the aerial buses in Fritz Lang’s 1927 film Metropolis to the battered police cruisers of Ridley Scott’s 1982 sci-fi movie Blade Runner....
January 31, 2022
LexToyota Motor Corp
Toyota: just in time now just means more disruptions Premium content
...Would-be buyers of its new Land Cruiser may have to wait as long as four years. Part of the explanation lies in burgeoning demand....
January 21, 2022
Technology sector
Grindr names new top team as it prepares to go public in Spac deal
...Arison founded ride-hailing app Taxi Magic, now known as Curb, which was acquired by Verifone in 2015. He also has a history of investing in tech start-ups....
September 13, 2022
#techFT
‘Elon, there are rules’ Premium content
...taxis — to ease congestion....
April 26, 2022
X Corp
Musk tells Twitter staffers company must ‘get healthy’
...would mean ensuring people were not “harassed” on Twitter, he said, while adding an array of features to emulate Chinese platform WeChat, a “superapp” where users can send messages, payments, shop or book taxis...
June 17, 2022
News in-depthX Corp
The rock star litigator who hopes to bring Elon Musk to heel
...After graduating from college, Savitt came to New York City in the late 1980s to play in various indie rock bands, paying his bills for a time by driving a taxi....
July 15, 2022
Due Diligence
The private equity firm rattled by sanctions on Russian oligarchs Premium content
...in Russia (Reuters) Phone-hacking scandal costs Murdoch’s newspaper company another £49mn (FT) Oaktree-backed power plant goes bankrupt after construction spat (Bloomberg) Uber to list New York City taxis...
March 25, 2022
LexNikola Corp
Nikola: electric truck start-up drives away from founder
...The SEC payment bodes ill for start-ups in electric vehicles, or flying taxis, thinking of making wild claims in a bid to attract attention....
December 21, 2021
UK crime
Counterterror police arrest three after fatal car explosion in Liverpool
...Photographs were also circulated of a vehicle marked as belonging to the bomb disposal team of the British Army’s Royal Logistic Corps....
November 14, 2021
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Sky Group
Sky plans to launch its own smart TVs in battle with streaming services
...Comcast’s chief executive Brian Roberts was said to have been so impressed with Sky’s technology on a visit to the UK — when he heard favourable comments about it from a London taxi driver — that it encouraged...
September 21, 2021
FirstFT
FirstFT: Biden warns of chemical attack threat
...Earnings Carnival Corp is expected to post a rise in first-quarter revenue helped by a rebound in demand for cruise travel....
March 22, 2022
#techFT
Bond needs more than Q in AI age
...Shares opened at $13.06 on Thursday, up from the previous day’s close of $11.01 when it was still trading as Altimeter Growth Corp, but then fell below $9 in early trading. 3....
December 2, 2021
#techFT
Xiaomi shouts out smartphones and more in show-me stores
...SoftBank’s Didi bet is $4bn in red The Vision Fund’s 20.1 per cent stake in the taxi app Didi Chuxing, for which it paid $11.8bn in 2019, is now worth $7.8bn after Chinese regulatory pressure hit Didi’s...
July 26, 2021
Space industry
Investors join space race with record funding
...Excluding these outliers, and deals to finance drone and flying taxi-related businesses, private funding for commercial space ventures jumped by 52 per cent to $4.1bn....
April 29, 2021
Financial literacy
Meet the teen investors of the future
...Imagine you’re in a foreign country — no one knows you, and you want to take a taxi back to your hotel. You’re relying for payment on your phone, but it runs out of battery. How do you get home now?...
July 15, 2021
FT Magazine
Enter the inner sanctum of elite chess
...As fans surrounded the taxis, often, instead of a grandmaster, a befuddled tourist emerged. Bienvenido a Madrid....
July 28, 2022
#techFT
V for vendetta and volatility
...Autocab, which struck the deal with Uber in August last year, provides taxi operators with booking and dispatch software and connects drivers with trips via an online marketplace. 3....
January 29, 2021
Recruitment services
Spain’s Jobandtalent raises €180m to drive ecommerce expansion
...The new round for the Madrid-based company makes Jobandtalent one of the most prominent start-ups in Spain, alongside delivery app Glovo and taxi app Cabify....
March 10, 2021
LexCarnival Corp
Carnival: heavy cargo Premium content
...Cruise companies can count on customer loyalty: cruisers are a loyal bunch. There is plenty of pent-up demand among fans eager to sail again....
August 26, 2020

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