The Tesla Gigafactory planned to be built in Mexico should be seen, Bloomberg argues, “as a graduation moment for Mexican manufacturing.” And there’s hope that the CHIPS bill, which President Joe Biden promoted to supercharge semiconductor production in the U.S., will benefit its southern neighbor as well. While the prospect of new factories and more…
Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom are joined by Charles Baron, the co-founder and CMO at Farmers Business Network (FBN), a startup that offers a suite of online services to farmers. Baron talked about what led him — a former venture capitalist — to…
Share to FacebookShare to TwitterShare to LinkedinTopline Apple’s Vision Pro augmented reality headsets—which are set to launch early next year—are facing manufacturing complications that have forced the company to severely slash production forecasts for the $3,500 product, according to a Financial Times report, dealing a blow to the rollout plans for the tech giant’s most…
Dougs, a French accounting startup, has been around since 2015. It already generates $16.4 million (€15 million) in annual recurring revenue. And it’s a bootstrapped company, meaning that it hasn’t opened its capital and raised any funding from VC firms. But now, the company has decided to raise its first founding round. Dougs raised $27…
The United Arab Emirates has given Chinese autonomous driving company WeRide the first national license for self-driving vehicles. The permit allows WeRide to test its Level 4 autonomous vehicles on public roads throughout the country. Level 4 is a designation by SAE that means the vehicle can handle all aspects of driving in certain conditions…
© Reuters. FILE PHOTO: A general view of the Central Bank headquarters building in Brasilia, Brazil February 14, 2023. REUTERS/Adriano Machado/File Photo BRASILIA (Reuters) -The Brazilian Senate on Tuesday approved President Luiz Inacio Lula da Silva’s first picks for the independent central bank, an institution he has clashed with since taking office in January. Former finance ministry…
5/5 © Reuters. Russian President Vladimir Putin meets with Raisat Akipova, an 8-year-old girl from Derbent, who failed to see the head of state during his working trip to the Republic of Dagestan, where he also talked with local residents, at the Kremlin in Moscow, Russ 2/5 (Reuters) – Russian President Vladimir Putin hosted an…
© Reuters. FILE PHOTO: Andrew Griffith, when Director of the Number 10 Policy Unit, seen outside Downing Street in London, Britain, February 4, 2022. REUTERS/Henry Nicholls/File Photo By Huw Jones and David Milliken LONDON (Reuters) – British banks should have to serve a customer even if they disagree with his or her lawful political views,…
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Amazon has begun rolling out its custom electric delivery vans from Rivian in Europe, the e-commerce giant said Monday. This will be Rivian’s first commercial shipment of vans outside the United States. The first tranche of 300 vans will be seen on streets in Munich, Berlin and Dusseldorf in the coming weeks. Amazon already has…
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