The Information

The Electric: EV Truck Startup Harbinger Says Some Rivals Took Money and ‘Lit It on Fire’ Electric truck maker Harbinger will cut prices if EV tax credits are repealed. Read more from Steve LeVine👇

We're honored to receive eight awards at the 2024 SABEW Best in Business Awards, demonstrating our strength in tech, finance, and investing. Wins include: - Banking and Finance: Michael Roddan and Qianer Liu. Judges praised their reporting on fintechs like Stripe and Temu for "outstanding sourcing, careful use of records and clear explanation" of money laundering risks. - Investing/Markets: Cory Weinberg and Sri Muppidi. Judges commended their "high-impact, deeply reported look into the evolving world of private market investing," noting the "exclusive and well-sourced" stories revealing key trends. - Technology: Juro Osawa, Jing Yang, Sri Muppidi and Erin Woo. Judges recognized their reporting on TikTok as "a skillfully reported series" with "masterful sourcing," highlighting how the team "mapped out how the company dismantled its own content moderation policies." - Travel/Transportation: Steve LeVine and Becky Peterson. Judges chose The Information's Tesla coverage for its "scoops, strong narrative and crucial takeaways," impressed by the "degree of detail, rigorous research and story structure." Honorable mentions recognize the work of Ann Gehan, Theo Wayt, Qianer Liu, and Jing Yang, highlighting our diverse coverage. Congratulations to all of our journalists for this outstanding achievement! This recognition affirms our dedication to delivering essential business insights. You can see the full list of winners and read the judges’ comments here: https://lnkd.in/eDzVps4h

TikTok Executives Bail as Ban Deadline Looms A string of executives have been leaving #TikTok as the threat of a U.S. ban drags on and the company cuts management layers. Read more from Kaya Yurieff, Juro Osawa and Jing Yang👇

US banking regulators warm to crypto! 🏛️ BNY's move with Circle comes as the OCC eases crypto activity guidance. A friendlier regulatory environment? Details here: https://lnkd.in/eedWcGvh

Brief: Intel Stock Soars On New CEO Pick, Lip-Bu Tan Lip-Bu Tan, former Cadence Design Systems chief, is Intel's new CEO, sending its stock up 12% following Pat Gelsinger's departure and struggles in the AI chip market. Read more 👉 https://lnkd.in/eztQyv6y

Robots That Don’t Walk Are Making Strides 5,000+ potential orders! 📦 Japan's Sagawa Express is testing Dexterity's Mech, with plans for massive deployment. Real-world demand for practical robotics is here: https://lnkd.in/eGA4rEzc #Automation

ServiceNow acquires Moveworks for $2.9B, aiming to strengthen its pitch to cost-conscious CIOs. 💰 Automation is key for businesses seeking deflationary tools. More details: https://lnkd.in/ejPpuXE7 #Acquisition

Applied Intuition is in talks to raise funding at a $15B valuation, doubling its value in a year! 🚀 With $400M ARR, the self-driving software firm is on a roll. More here: https://lnkd.in/eGxvXUSk #SelfDriving

Curious deal: Nvidia rents its own chips from CoreWeave in a $1.3B agreement, dubbed "Project Osprey." 🤝 This partnership is key to CoreWeave's rise. Details on their surprising connection: https://lnkd.in/eGbdTnwa #Nvidia

From chickpea pasta (Banza) to meat sticks (Chomps), these startups are disrupting the food & beverage space. 💥 Could Liquid Death's edgy branding or Poppi's rapid growth lead to a big acquisition? https://lnkd.in/eXAMzkqh #consumerbrands