How The Man Who Challenged Tesla Went Bankrupt

18 Jan

Faraday Future, headquartered in Los Angeles, California, is a start-up technology company focused on the development of electric vehicles. Jia Yueting, a Chinese billionaire businessman is the co-founder and the former CEO of Faraday Future. The compa…

Toyota Invests $349 Million in Flying Taxi Startup

18 Jan

Toyota just invested $349 million in the flying taxi startup Joby Aviation. The two companies say they will work together, Joby sharing its all-electric vertical take-off and landing (eVTOL) expertise and Toyota lending its knowledge of manufacturing, …

The billionaire retailer whose shops had no stock

17 Jan

With inflation hitting a whopping 3,000%, and new currencies being introduced and then quickly ditched, it was not easy to be a retailer in the Brazil of the early 1990s. That was the tough economic backdrop faced by Luiza Trajano, then 40, when she to…

How Stripe Built A $35 Billion Company

16 Jan

Mind-boggling fun fact:Last year, 50% of online transactions were made through Stripe. In fact, you probably make payments on Stripe all the time and aren’t even aware of it. Order a Lyft? Stripe. Buy something on Amazon? Stripe again. Book a roo…

Record number of startups to show up at Auto Expo

16 Jan

A record 18 startups will exhibit their technological prowess at Auto Expo 2020 in Greater Noida next month even as several established vehicle manufacturers including Honda Cars and BMW have decided to stay away from the 15th edition of the biennial m…