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Let's take a break | Financial Times - JusticeNewsFlash.com

Let's take a break | Financial Times - JusticeNewsFlash.com
justicenewsflash.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from justicenewsflash.com Daily Mail and Mail on Sunday newspapers.

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Amazon-backed autonomous vehicle startup Aurora to go public via SPAC merger

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Autonomous vehicle startup Aurora Innovation Inc. today announced plans to go public through a merger with Reinvent Technology Partners Y, a blank-check company backed by LinkedIn co-founder Reid Hoffman and Zynga Inc. founder Mark Pincus.
The merger is expected to net Aurora about $977.5 million. That’s in addition to $1 billion the startup is raising ahead of the planned stock market listing from a consortium comprising Morgan Stanley, Index Ventures, Sequoia Capital and other prominent investors.
The deal puts Aurora on track to list its shares at an initial market capitalization of $13 billion. That represents a significant increase over the startup’s last private valuation of $10 billion, which it received after merging with Uber Technology Inc.’s autonomous vehicle business last year. The transaction gave the ride-hailing giant a 26% stake in the startup. ....

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Uber's downsizing could upsize vacant Dallas office space

Uber's downsizing could upsize vacant Dallas office space
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Didi sinks for third day as analysts eye short-sellers - Netscape Money & Business

Didi sinks for third day as analysts eye short-sellers - Netscape Money & Business
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Didi sinks for third day as analysts eye short-sellers

Didi sinks for third day as analysts eye short-sellers
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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