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Thursday, 29 June 2023

Autonomous trucking company TuSimple aims to sell its US business; CEO Cheng Lu says the plan is not the result of pressure due to CFIUS' review of the company (Alan Ohnsman/Forbes)

Alan Ohnsman / Forbes:
Autonomous trucking company TuSimple aims to sell its US business; CEO Cheng Lu says the plan is not the result of pressure due to CFIUS' review of the company  —  The company's CEO says there's no firm buyer lined up and that the plan to separate U.S. operations doesn't arise from pressure related to a CFIUS review.



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The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an effort to encourage Kraken to list in London (Financial Times)

Financial Times : The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an eff...