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Equity Down Under: How Australian startups can crack the US market

Equity Down Under: How Australian startups can crack the US market
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Cruise s mea culpa and everything that stood out at the LA Auto Show

Cruise spirals and LTA s airship breaks cover in Silicon Valley

LTA Research, the Sergey Brin-backed startup, took the wraps off its prototype electric airship — the largest aircraft in the world — right in the heart of Silicon Valley. As contributor Mark Harris wrote, the airship its snow-white steampunk profile visible from the busy 101 highway has taken drone technology such as fly-by-wire controls, electric motors and lidar sensing, and supersized them to something longer than three Boeing 737s, potentially able to carry tons of cargo over many hundreds of miles.

Flexport gobbles up Convoy s assets, Revel pulls the plug on mopeds and UAW sets its sights on Toyota and Tesla

The United Autoworkers officially clinched tentative agreements with GM and Stellantis, officially ending a six-week strike that affected the Big Three U.S. automakers and sent nearly 50,000 workers to the picket lines. UAW reached a tentative deal with Ford on October 25. Days later, the UAW reached a tentative agreement with Stellantis, the automaker that owns Jeep, Ram and Chrysler.

Cruise hits the brakes on driverless, UAW makes progress and more EV backpedaling

It was an absolutely wild week on the robotaxi front, and more specifically for GM's self-driving car subsidiary Cruise. The week started off with the California Department of Motor Vehicles suspending Cruise's driverless and deployment permits (with the California Public Utilities Commission following shortly after), effectively ending the company's robotaxi operations in San Francisco just months after receiving the last necessary permit to commercialize its operations. Two days later, Cruise decided to pause driverless operations in every market it had started to charge for its robotaxi service, including Austin, Houston and Phoenix.

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