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Snap Posts First Positive Cash Flow

L.A. Business Journal

recorded positive free cash flow in the first quarter of 2021, the first time the company has done so since going public in 2017.

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Polestar to open first US stores in the second half of 2020

TechCrunch LA

The 2021 Polestar 2 is the first EV to come out of Polestar since it was recast as an electric performance brand in 2017. Polestars plans to expand its retail footprint in the first half of 2021 with locations in Boston, Denver, Texas, Washington, D.C. The stores are expected to open in the second half of 2020. and Florida.

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Canoo Inks Deal With Hyundai For Joint EV

socalTECH

Canoo has said it plans to start selling its electric vehicles in 2021, via a subscription-only model. Canoo was founded in 2017, and is led by CEO Ulrich Kranz. Financial terms of the deal were not announced, however, the two said that Hyundai and its affiliate, Kia, will use Canoo's platform for both cars and commercial fleets.

Platform 113
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Hyundai taps EV startup Canoo to develop electric vehicles

TechCrunch LA

Canoo started as Evelozcity in 2017 by two former Faraday Future executives Stefan Krause and Ulrich Kranz. The first Canoo vehicles are expected to appear on the road by 2021 and will be offered only as a subscription. Canoo said it will provide engineering services to develop the electric platform.

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How the Tech Giants are Adjusting to Working From Home

Tech.Co

Google has announced that its staff will work from home until at least July 2021. Google has announced that its staff will work from home until at least July 2021. . In the short-term, Facebook employees can work from home until 2021, though offices reopened on 6th July for those who needed to come in.

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HBCUvc founder Hadiyah Mujhid on one way investors can advance racial equity

TechCrunch LA

HBCUvc, which we first wrote about in 2017, currently holds a number of programs to help Black and Hispanic students enter the world of tech, from fellowships to micro-grants. The program is expanding to Chicago in 2021, the blog post notes. HBCUvc’s first batch was 11 students from three universities.

Equity 220
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Customer Trust Is An Opportunity With A Huge Payback

Startup Professionals Musings

With the ITRC 2021 End-of-Year Data Breach Report revealing a 68 percent increase in stolen sensitive personal information, there is a growing population out there worried about all the people intent on hurting them. There are others, like Norton LifeLock , acquired in 2017 by Symantec for $2.3

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