Electric car startup Rivian said on Friday it has closed a $2.5 billion fundraising round led by investors Amazon.com Inc, Ford Motor Co and T. Rowe Price. Reuters, citing unnamed sources, reported on Thursday that Rivian's planned plant, dubbed "Project Tera," will include battery cell production. “As we near the start of vehicle production, it’s vital that we keep looking forward and pushing through to Rivian’s next phase of growth,” Rivian Chief Executive R.J. Scaringe said in a statement.
Charities call for ‘Amazon anti-waste law’ after firm denies destroying in-date food. Allegations deepen against online giant as new footage appears to show good food earmarked as waste at a depot in Scotland
(Bloomberg) -- Intel Corp. Chief Executive Officer Pat Gelsinger said the worst of a sales slump has passed and struck a bullish tone about the chipmaker’s prospects for the rest of the year and beyond. Investors are waiting to see proof that the company can regain dominance in the semiconductor industry.The key to winning them over will be Gelsinger’s ability to lure back some of the largest companies in technology -- cloud giants like Amazon.com Inc. and Alphabet Inc.’s Google -- whose purchas