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Faraday Future Completes Winter Testing

socalTECH

The company says it plans to have its FF 91 on sale in the first half of 2022. The company said the testing with conducted in conjunction with Bosch, in Baudette, Minnesota and Flatrock, Michigan.

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Fisker Plans European HQ In Germany

socalTECH

According to the company, the move is part of its efforts to advance sales, distribution, and marketing of its Fisker Ocean SUV in Europe, projected for Q4 2022. --the latest incarnation of a company developing vehicles designed by auto designer Henrik Fisker--says it plans on establishing a European headquarters in Munich, Germany.

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TikTok Hopes Startups Can Breathe Life Into Its Shopping Struggles

Tech.Co

Digital advertising raked in $11 billion in revenue for TikTok during 2022, but the social media platform has struggled to make similar inroads in the world of ecommerce – so it’s drafting in some help. Please fill in your email. Please verify before subscribing. TikTok Teams Up With Ecommerce Startups. By some metrics, certainly not.

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Virgin Galactic Chairman Cuts Personal Stake

socalTECH

Palihapitiya has yet to comment on the sale. The company is aiming now at putting people into space in 2022, although it currently is in the midst of testing delays.

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Report: 33% of US Small Businesses Couldn’t Pay Their Rent Last Month

Tech.Co

“This latest data demonstrates that the SMB rent crisis has reached a new and concerning 2022 pinnacle, regarding both rent delinquency and soaring rent costs,” Alignable explains in a summary. A business' physical location is a key reason why local consumers drop by, so moving to a new spot can lead to a dip in sales.

Report 155
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Square Sellers Will Get Apple’s ‘Tap to Pay’ on iPhones This Year

Tech.Co

Square is teaming up with Apple to enable the ‘Tap to Pay' iPhone functionality within the Square Point of Sale app. This team-up didn't happen immediately: When Apple first revealed its Tap to Pay feature in February 2022, some media outlets called it the “Square-killer,” and Square's stock did indeed dip by 3%.

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Semtech Sells Off Unit To Rambus

SoCal Tech Calendar

in cash, along with a future royalty through 2022 based on sales. Semtech said the sale was part of an effort to exist business which it says are no longer aligned with the company's long term strategy. Semtech said Rambus will pay $32.5M

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