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Saudi ally calls for Uber boycott over response to Khashoggi’s vanishing – TechCrunch

Saudi ally calls for Uber boycott over response to Khashoggi’s vanishing – TechCrunch Uber is facing calls for a boycott of its app in the Persian Gulf, a region that has poured billions of dollars of investment into the company’s ride-hailing business in recent years: Directly via Saudi Arabia’s Public Investment …

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Saudi Arabia’s sovereign fund will also invest $45B in SoftBank’s second Vision Fund – TechCrunch

Saudi Arabia’s sovereign fund will also invest $45B in SoftBank’s second Vision Fund – TechCrunch The sovereign fund of Saudi Arabia plans to invest $45 billion into the second SoftBank Vision Fund, two years after putting the same amount into the original $100 billion Vision Fund, Saudi Arabia Crown Price …

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The 7 most eyebrow-raising details in the Elon Musk fraud complaint – TechCrunch

The 7 most eyebrow-raising details in the Elon Musk fraud complaint – TechCrunch The securities fraud complaint filed by the U.S. Securities & Exchange Commission against Tesla CEO Elon Musk contains an eye-opening view into the events leading up to the “funding secured” tweet heard round the internet. And luckily, …

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Lucid Motors secures $1 billion from Saudi wealth fund to launch the Air – TechCrunch

Lucid Motors secures $1 billion from Saudi wealth fund to launch the Air – TechCrunch Saudi Arabia’s sovereign wealth fund is investing $1 billion into Lucid Motors, capital that will finance the commercial launch of the startup’s first electric vehicle. The agreement comes just six weeks after Tesla CEO Elon …

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With no white knight in sight, Tesla shares plummet from Musk’s tweet-related highs – TechCrunch

With no white knight in sight, Tesla shares plummet from Musk’s tweet-related highs – TechCrunch Investors definitely aren’t stoked by the deafening silence coming from Tesla after its chief executive announced in a tweet that he plans to drop a fat sack of cash on public shareholders in a bid to …

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SoftBank Group and Saudi Arabia plan to spend $200 billion building the world’s biggest solar power plant – TechCrunch

SoftBank Group Corp., known for splashy deals involving billions of dollars (see: its Vision Fund and investments in Uber and Didi), has signed a memorandum of understanding with Saudi Arabia to build a $200 billion solar power plant. Expected to reach its full capacity of 200 gigawatts by 2030, the …

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The U.S. secretary of state was fired. On Twitter. – TechCrunch

President Donald Trump just fired his embattled secretary of state, Rex Tillerson, via Twitter this morning, replacing him with former Tea Party Congressman and current Central Intelligence Agency chief Mike Pompeo. Mike Pompeo, Director of the CIA, will become our new Secretary of State. He will do a fantastic job! …

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