Self-driving truck startup Einride raises $113M PIPE ahead of public debut
There’s not much to love about big tech these days. So many ills can be laid at its door: social media harms, misinformation, polarisation, mining and misuse of personal data, environmental negligence, tax avoidance, the list goes on. Added to which, Silicon Valley’s leaders seem all too keen to cosy up to the Trump administration, to shower the president with bribes – sorry, gifts – and remain silent about his worsening political overreach. And that’s before we get to the rampant “enshittification”, as the tech writer Cory Doctorow describes it, which means that by design many big tech products have become less useful and more extractive than they were when we originally signed up to them.
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The FTSE 100 index of blue-chip shares has extended its run of record, rising over the 10,900-point mark for the first time to reach 10,914 points.
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"It is interesting that a lot of the things that we are addressing directly go to the points they raised in their report," Isaacman said Friday. "I can't say we actually collaborated on it because I generally think these were all pretty obvious observations."