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Google’s Alphabet Abandons Plans to Acquire HubSpot

Google parent company Alphabet has abandoned its plans to acquire AI-powered customer platform HubSpot. The news was reported by Bloomberg on Wednesday and caused HubSpot’s stock to crash 12%. Reportedly, Alphabet conducted its “due diligence” in exploring a deal for HubSpot earlier this year. The...

Apple Approves Epic Games Store in Europe After a Public Call-Out

Epic Games, the maker of global hit game Fortnite, confirmed that its Epic Games Store has been approved for Apple’s App Store in Europe. However, the move only came after Epic called out Apple publicly for rejecting its notarization submission and appears to be...

Bankrupted EV Startup Fisker Seeks Approval to Sell its Ocean SUV at a Steep Discount

Bankrupted electric vehicle startup Fisker intends to offload the remainder of its inventory at a steep discount. Fisker agreed to sell 3,231 of its Ocean SUVs to a New York-based leasing firm, American Lease, at an average price of $14,000 per unit. Facing production issues...

EV Maker Rivian Says it Has Drastically Reduced Manufacturing Costs in Pursuit of Profitability

Electric vehicle maker Rivian is making a strong push toward profitability. As part of the process, the EV company has drastically reduced costs and improved the efficiency of its manufacturing process, according to Rivian CEO and founder RJ Scaringe. In a recent interview with reporters,...

Apple and Meta Had Discussions About AI Partnership

iPhone maker Apple and Facebook’s parent company Meta could soon become partners instead of rivals. At least, that is what a recent report from The Wall Street Journal is indicating. According to The Wall Street Journal, Apple and Meta have recently discussed a potential partnership...

Ferrari’s First EV Will Reportedly Cost a Fortune

Famed Italian carmaker Ferrari announced back in August that it plans to start producing electric vehicles. Now, media outlet Reuters has brought more information about the project and cited sources on the likely cost of the Ferrari EV. According to sources that spoke with Reuters,...