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eVTOL air taxi developer Joby Aviation has secured a fresh round of funding from previous investor Toyota Motor Corporation, totaling $500 million. With its investment, Toyota’s total funding committed to the eVTOL specialist inches closer to $1 billion. The money will help Joby secure flight certification and begin commercial production of its sustainable aerial technology.
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Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: U.S. stocks were lower Thursday as Wall Street extends Tuesday’s sharp selloff, which was triggered by concern over Iran’s missile attacks on Israel. All three
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At the Meta Connect developer conference, Mark Zuckerberg, head of the Facebook group Meta, shows the prototype of computer glasses that can display digital objects in transparent lenses. Andrej Sokolow | Picture Alliance | Getty Images Meta CEO Mark Zuckerberg has surpassed Jeff Bezos as the world’s second richest person. Zuckerberg’s net worth reached $206.2
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Laura Kuenssberg has explained more about why a planned BBC interview with Boris Johnson could not go ahead – and revealed the “brighter side” after she said she accidentally sent the former prime minister her briefing notes. In her weekly newsletter, Kuenssberg, who presents the broadcaster’s Sunday politics show, addressed her recent “embarrassing mistake”, saying
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A 20-year-old TikTok personality has been charged with murder after the body of a therapist was discovered wrapped in a tarpaulin on a motorway. Terryon Thomas, best known online as Mr Prada, was arrested in East Baton Rouge, Louisana, on Tuesday after 69-year-old therapist William Nicholas Abraham was found dead on the side of a
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The government has pledged nearly £22bn to fund projects that capture greenhouse gases from polluting plants and store them underground, as it races to reach strict climate targets. The plans are designed to generate private investment and jobs in Merseyside and Teesside, two industry-heavy areas that will be home to the new “carbon capture clusters”.
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A general view of Isfahan Refinery, one of the largest refineries in Iran and is considered as the first refinery in the country in terms of diversity of petroleum products in Isfahan, Iran on November 08, 2023.  Anadolu | Anadolu | Getty Images Oil markets are being too complacent given the risk of major supply disruptions in the Middle East,
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Revolut CEO, Nikolay Storonsky (L) and Meta CEO, Mark Zuckerberg. Reuters British financial technology firm Revolut on Thursday criticized Facebook parent company Meta over its approach to tackling fraud, saying the U.S. tech giant should directly compensate people who fall victim to scams via its social media platforms. A day after Meta announced a partnership
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