Skip to main content

Autonomous trucking software company Embark lost ~98% of its market value, or ~$5B, since going public a year ago via a SPAC merger, amid a sector-wide downturn (Joanna Glasner/Crunchbase News)

Joanna Glasner / Crunchbase News: Autonomous trucking software company Embark lost ~98% of its market value, or ~$5B, since going public a year ago via a SPAC merger, amid a sector-wide downturn  —  Out of all the beaten-down public companies in the autonomous driving space, Embark Technology stands out as a conspicuously terrible stock market performer.
https://bit.ly/3EWQabI

Popular posts from this blog

Sources: the US is exploring whether it has legal authority to review Elon Musk's Twitter deal, which gives large foreign investors access to confidential data (Washington Post)

Washington Post: Sources: the US is exploring whether it has legal authority to review Elon Musk's Twitter deal, which gives large foreign investors access to confidential data  —  Terms of the deal give large foreign investors access to confidential information about the social media platform https://bit.ly/3TYS0ix
Read more

Apple confirms that the Bluetooth AAC codec used by AirPods Pro and AirPods Max does not support Apple Music's new lossless streaming (Juli Clover/MacRumors)

Juli Clover / MacRumors: Apple confirms that the Bluetooth AAC codec used by AirPods Pro and AirPods Max does not support Apple Music's new lossless streaming  —  Apple today announced that starting in June, Apple Music songs will be available to stream in Lossless and Hi-Resolution Lossless formats … https://bit.ly/3uYdrDT
Read more

SK Hynix says it has started mass producing its 238-layer 3D NAND flash memory chips, promising speeds of 2400MT/s, up from last gen's 176 layers and 1600MT/s (Anton Shilov/Tom's Hardware)

Anton Shilov / Tom's Hardware: SK Hynix says it has started mass producing its 238-layer 3D NAND flash memory chips, promising speeds of 2400MT/s, up from last gen's 176 layers and 1600MT/s  —  The new memory promises speeds of up to 2,400 MT/s.  —  SK hynix said late on Wednesday that it had begun mass production of its 238-layer … http://www.techmeme.com/230607/p39?utm_source=dlvr.it&utm_medium=blogger#a230607p39
Read more