Lucid Motors goes public in major merger with SPAC

[ad_1] Lucid Motors will become a publicly traded company on the New York Stock Exchange under a deal that will leave the electric vehicle startup with $ 4.4 billion in cash. The California start-up, majority-owned by Saudi Arabia’s sovereign wealth fund, plans to start shipping its first luxury electric vehicle – the 500-mile range Air … Read more

Lucid Motors concludes SPAC agreement with Churchill Capital Corp. IV – Seeking Alpha

[ad_1] Lucid Motors enters PSPC agreement with Churchill Capital Corp. IVSeeking Alpha Lucid Stock Approaches One of Biggest PSPC Transactions; Electric truck maker Xos to go publicDaily Investor Business Lucid Motors deal with Churchill Capital IV could be announced Tuesday: BloombergYahoo finance Lucid Motors goes public in major merger with SPACThe edge Report: Lucid Motors … Read more

Microsoft throws Google under the bus in European news battle

[ad_1] Microsoft is putting all its weight behind a European effort to force big tech companies to pay for the right to link to news articles. Google and Facebook have strongly opposed such proposals in Europe and Australia, describing them as an attack on the open web. Microsoft does not agree. “Access to new, broad … Read more

Carnival, Palo Alto Networks, RealReal and more

[ad_1] Julie Wainwright, CEO, The RealReal Scott Mlyn | CNBC Find out which companies are making the headlines after the Monday bell: Palo Alto Networks – Shares of the cybersecurity firm fell nearly 1% after Palo Alto Networks reported better-than-expected results for its second quarter. The company reported earnings per share of $ 1.55, compared … Read more

WeWork Co-Founder Adam Neumann Approaches SoftBank Settlement

[ad_1] Adam Neumann, co-founder of WeWork and former CEO, is in advanced talks to settle a high-level legal fight with SoftBank Group Corp. by agreeing to a nearly $ 500 million cut in his payment from the new owner of the shared office company , a move that would help pave the way for WeWork’s … Read more