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Whither goest thou, Zymergen?

Over the summer and fall , Zymergen’s Hyaline thin films project fell into crisis over customer disappointment, expected revenues de-materialized, the stock price collapsed, two of the three co-founders left, and former Illumina CEO Jay Flatley stepped in as interim CEO. It was a year for Rough Riders year in Zymerland. Flatley ordered a product review, and in November, news emerged from Zymergen that “several programs will be discontinued” and these included: • The electronics film program...
Tags: Kodak, Tesla, Netflix, Top Stories, Starbucks, Zymergen, Illumina, The Company, Jay Flatley, Flatley, Josh Hoffman, Sumitomo Chemical, Sears K Mart, Hyaline, Hell Week, Zymerland Flatley


Tesla Expands Gigafactory Nevada Solar Array Toward Goal To Become World's Biggest

An anonymous reader quotes a report from Electrek: New satellite images show that Tesla significantly expanded its rooftop solar array at Gigafactory Nevada as it aims for it to become the world's biggest. In 2017, Tesla announced plans for a giant 70 MW rooftop array at Gigafactory Nevada, which would be the largest in the world by a wide margin. The project has been lagging for a long time. Tesla finally started construction of the solar array in 2018 and expanded on it throughout the next few...
Tags: Tech, Tesla, The Company, Electrek, Gigafactory Nevada


Sonder Holdings Inc. Expands Operations With More Than 25 Newly Opened Buildings in Over a Dozen U.S. Cities

Sonder Holdings Inc. (“Sonder” or the “Company”), a leading next-generation hospitality company that is redefining the guest experience through technology and design, announced today it has added over 25 new buildings across the U.S. to its portfolio in the second half of 2021. The Company’s growth covers over a dozen cities, including top tourist destinations such as New York City, Nashville and Seattle. Sonder’s new locations include both hotel and apartment style spaces – all designed ...
Tags: Travel, The Company, New York City Nashville, Sonder Holdings Inc, Seattle Sonder


Virgin Galactic sinks 17% after the space tourism company announces plan to raise up to $500 million in debt

Virgin Galactic Virgin Galactic shares fell 17% on Thursday after the company outlined plans to fundraise through debt.  The stock was pressured by dilution concerns as the space tourism company's bonds can be converted to equity. Virgin Galactic is aiming to launch commercial services this year.  Virgin Galactic shares tumbled Thursday after the space tourism company outlined plans to raise up to $500 million in debt, driving the stock price down even further early in the 2022 trading ye...
Tags: Trends, Markets, Virgin Galactic, Richard Branson, The Company, Carla Mozee, Virgin Galactic Virgin Galactic, SPCE stock price, MI Exclusive


Hindustan Unilever swaps out coal completely and greens up with biomass and biodiesel

In India, Hindustan Unilever Limited has eliminated coal usage across its operations, replacing it with green alternatives such as biomass and biodiesel. To facilitate this, the Company has collaborated with biomass suppliers, and local farmers to ensure a sustainable supply of green fuel and made the necessary changes for the renewable transition in its coal-fired boilers. The journey towards zero coal had started over five years ago, with Unilever committing to eliminating coal across its manu...
Tags: Nutrition, India, Unilever, Biodiesel, Company, The Company, Hindustan Unilever, Fuels, India Hindustan Unilever Limited, GlaxoSmithKline Consumer Healthcare GSK


How Tottenham pair could find themselves embroiled in Juventus legal battle

Juventus in potential trouble Juventus are embroiled in another scandal, 15 years on from the last, with the potential for the same consequence. As per Goal.com, the Turin outfit had their headquarters raided by officials on Friday. Indeed, the report confirms that the club are “under investigation for false accounting”, involving transfer and agent fees between 2019 and 2021. Confermo @SCUtweet: la posizione della #Juve è tranquilla in merito a quanto uscito a mezzo stampa nella serata di ie...
Tags: England, Sport, Barcelona, Soccer, Chelsea, Tottenham Hotspur, Manchester City, Tottenham, Lionel Messi, Juventus, Dani Alves, Miralem Pjanic, Danilo, Turin, Pavel Nedved, Ama


Juventus could be relegated (again) should they be found guilty in latest case

 Juventus are embroiled in another scandal, 15 years on from the last, with the potential for the same consequence. Relegation from the Italian top flight. Case opened into dodgy dealings As per Goal.com, the Turin outfit had their headquarters raided by officials on Friday. Indeed, the report confirms that the club are “under investigation for false accounting”, involving transfer and agent fees between 2019 and 2021. Confermo @SCUtweet: la posizione della #Juve è tranquilla in merito a qua...
Tags: England, Sport, Barcelona, Soccer, Tottenham Hotspur, Manchester City, Arsenal, Lionel Messi, Juventus, Sergio Ramos, Miralem Pjanic, Danilo, Turin, Pavel Nedved, Authority, Company


Webcreta Technologies

WebCreta Technologies is US based company Founded in 2012 , with the development office in Gandhinagar, Gujarat, India. Webcreta is a professional web and application development solutions provider focused on developing and delivering business related IT Solutions. We provide integrated services offering development and implementing web based solutions, web designing as well as strategic consulting for e-business Solutions.  We are helping customers or organizations by developing innovations a...
Tags: Usa, Jobs, Web Development, Web Design, India, US, Php, Mobile Apps, Canada, The Company, Los Angeles USA, Gandhinagar Gujarat, Devinfoline, Cloud-services, CMSDevelopment, Webcreta Technologies


The FDA told Moderna it needs more time to review use of their COVID-19 vaccine for kids

A container of the Moderna COVID-19 vaccine is seen at the United Memorial Medical Center on December 21, 2020 in Houston, Texas. Getty Images/Go Nakamura Use of Moderna's vaccine in kids 12 to 17 years old will most likely be delayed to early next year. The drug company said the FDA told them they needed more time to review. The FDA is looking into the risk of myocarditis, a rare heart condition. The Food and Drug Administration on Friday told Moderna it needed more time to review ...
Tags: Science, Cdc, Trends, Fda, Vaccine, Wall Street Journal, Centers For Disease Control And Prevention, Journal, The Company, Houston Texas, The Food and Drug Administration, United Memorial Medical Center, Moderna, Coronavirus, Sarah Al Arshani, Sunday Moderna


Petrofac considers refinancing as faces possible $240 million bribery fine | Reuters

Petrofac considers refinancing as faces possible $240 million bribery fine | Reuters British oil services group Petrofac said it is looking at refinancing options including debt and fresh equity as it faces a possible $240 million fine from a London court.Petrofac decided to plead guilty to seven charges after a four-year Serious Fraud Office (SFO) investigation into allegations it had failed to prevent bribery in Iraq, Saudi Arabia and the UAE between 2012 and 2015.“The Joint Submission to th...
Tags: Travel, London, Court, Sfo, Petrofac, Uae, Reuters, Company, The Company, Iraq Saudi Arabia, Serious Fraud Office SFO, Rupert Neil Bumfrey


How Amazon Pressures Out 6% of Office Workers

An anonymous reader quotes a report from Seattle Times, written by Katherine Anne Long: Amazon systematically attempts to channel 6% of its office employees out of the company each year, using processes embedded in proprietary software to help meet a target for turnover among low-ranked office workers, a metric Amazon calls "unregretted attrition," according to internal company documents seen by The Seattle Times. The documents underscore the extent to which Amazon's processes closely resemble t...
Tags: Amazon, Tech, New York Times, Seattle, Business Insider, The Company, Seattle Times, The Seattle Times, Bloomquist, Office Workers, Jaci Anderson, Katherine Anne Long, Chris Bloomquist


Ashford Trust Completes Refinancing Of Mortgage Loan For The Hilton Boston Back Bay

Ashford Hospitality Trust, Inc. (NYSE: AHT) (“Ashford Trust” or the “Company”) today announced that it has successfully refinanced its mortgage loan for the 390-room Hilton Boston Back Bay in Boston, Massachusetts which had a final maturity date in November 2022. The Company had only one significant final debt maturity in 2022, but this financing addresses that loan. Furthermore, the Company was able to complete this financing with a best-in-class institutional balance sheet lender.
Tags: Travel, The Company, Boston Massachusetts, AHT, Hilton Boston Back Bay, Ashford Hospitality Trust Inc NYSE, Ashford Trust


Monte Carlo closes $60M Series C on the back of rapid ARR growth

Monte Carlo has returned to the capital well for the second time this year, adding $60 million to its accounts thanks to a new, ICONIQ Growth-led Series C. The company helps customers monitor their data inflows, finding issues and errors that could foul downstream data analysis. The company raised a Series B earlier this year, a $25 million round led by GGV and Redpoint. Both Series B lead investors participated in Monte Carlo’s Series C, joined by Salesforce Ventures, a new investor in the comp...
Tags: Fundings & Exits, Startups, TC, Big Data, Tech, Data, Venture Capital, Moses, Salesforce Ventures, The Company, Monte Carlo, ARR, Barr Moses, Data Observability


Aemetis receives final permit to build next 21 miles of Phase 2 biogas pipeline

In California, Aemetis Inc.’s final permit has been approved to begin construction of the next 21 miles of the Aemetis Biogas Phase 2 pipeline in Stanislaus County, Calif. This significant project milestone allows the installation of biogas pipeline in Stanislaus County roads for construction of a pipeline that extends the existing 4 mile pipeline by an additional 21 miles. The pipeline will convey conditioned biogas from dairies to the Company’s centralized gas cleanup facility which is current...
Tags: California, Biogas, Aemetis, Company, The Company, Stanislaus County Board of Supervisors, Stanislaus County, CEQA, Merced County, Keyes, Andy Foster, Fuels, Aemetis Inc, Stanislaus County Calif, Aemetis Biogas Inc


Deliveroo could leave Spanish market ahead of on-demand labor reclassification

Deliveroo announced today that it is considering leaving the Spanish market, citing limited market share and a long road of investment with “highly uncertain long-term potential returns” on the horizon. The company, an on-demand outfit based in the U.K., . Its shares initially sagged, drawing concern about both the value of on-demand companies and tech concerns listing in London more broadly. However, shares of Deliveroo have since recovered, and the company’s second-quarter earnings report saw...
Tags: London, Labor, Tech, Spain, United Kingdom, Food Delivery, Just-Eat, Deliveroo, Uber Eats, Online Food Ordering, The Company, Spain Spain, GTV, Spain Deliveroo


Webcreta Technologies

WebCreta Technologies is US based company Founded in 2012 , with the development office in Gandhinagar, Gujarat, India. Webcreta is a professional web and application development solutions provider focused on developing and delivering business related IT Solutions. We provide integrated services offering development and implementing web based solutions, web designing as well as strategic consulting for e-business Solutions.  We are helping customers or organizations by developing innovations a...
Tags: Usa, Jobs, Web Development, Web Design, India, US, Php, Mobile Apps, Canada, The Company, Los Angeles USA, Gandhinagar Gujarat, Devinfoline, Cloud-services, CMSDevelopment, Webcreta Technologies


Johnson & Johnson says its COVID-19 vaccine should work against the Delta variant, citing 2 small studies

A woman receives a Johnson & Johnson Covid-19 vaccine from registered nurse Gina Reed at a vaccination center established at the Hilton Chicago O'Hare Airport Hotel in Chicago, Illinois, on March 5, 2021. Kamil Krzaczynski/AFP via Getty Images People who got Johnson & Johnson's single-dose vaccine don't need boosters against Delta, the company said. The company said its vaccine produced a "strong" response to Delta, citing two small studies. Some experts who got the J&J shot to...
Tags: Health, Science, News, Cdc, India, US, Trends, South Africa, Healthcare, Delta, Pfizer, Johnson, Booster, Variant, Afp, The Company


Sustainable tech developer Turntide Technologies raises $225M

Turntide Technologies, a sustainable technology developer, has announced $225 million in convertible note financing that it says will help fund projects to reduce carbon emissions in the commercial buildings, agriculture and transportation industries. Canadian Pension Plan Investment Board led the round, along with Monashee Capital Inc. and current investor JLL Spark. Other participating investors include Breakthrough Energy Ventures, Millennium Management and Suvretta Capital Management, bri...
Tags: Transportation, Funding, Tech, Automotive, Volkswagen, Electric Motor, Morris, The Company, BorgWarner, Turntide Technologies, Turntide, Monashee Capital Inc, Breakthrough Energy Ventures Millennium Management, Suvretta Capital Management, Ryan Morris Turntide, Hyperdrive Innovation


Reverse Mortgage Lender’s Motion to Dismiss DOJ Case Denied by Judge

A reverse mortgage lender’s motion to dismiss a case stemming from a complaint filed by the U.S. Department of Justice (DOJ) has been denied by the presiding judge, making way for a previously-determined trial date to continue on as planned. This is according to court documents obtained by RMD, and statements by the lender’s legal representation made to other reporting outlets. The dispute arises from a complaint filed by DOJ against reverse mortgage lender Nutter Home Loans (formerly known a...
Tags: Featured, Finance, Court, Joe Biden, Fca, Davis, Hud, Doj, Ben Carson, Cfo, The Company, FHA, Nutter, Lenders, Kang, MMI


Lordstown Motors CEO and CFO resign amidst production woes

Beleaguered electric vehicle startup Lordstown Motors’ stock shares have taken another hit after the company said Monday that CEO Steve Burns and CFO Julio Rodriguez have resigned, just a few weeks after Burns was reassuring investors of the company’s bright future. Lordstown Motors’ Lead Independent Director Angela Strand was appointed executive chairwoman to oversee the transition until a permanent CEO is found. Becky Roof will service as Interim CFO. Roof has acted as interim CFO at a number ...
Tags: TC, Transportation, Tech, Automotive, Electric Vehicles, SEC, Saks Fifth Avenue, Eastman Kodak, Burns, The Company, SPAC, Lordstown, U S Securities and Exchange Commission, Rodriguez, Steve Burns, Workhorse Group


Don’t trust that SPAC deck

The continuing saga of Lordstown Motor’s struggles as a public company took a new turn today as the electric truck manufacturer made yet more news. Bad news. Shares of Lordstown are down sharply today after the company reported in an SEC filing that it does not have enough capital to build and launch its electric truck. Here’s the official verbiage (formatting, bolding: TechCrunch): Since inception, the Company has been developing its flagship vehicle, the Endurance, an electric full-size pickup...
Tags: Fundings & Exits, Startups, TC, Tech, SEC, Lol, Company, Don, The Company, SPAC, Lordstown, GAAP, Lordstown Motors, Lordstown Motor, Capital Structure


US removes Xiaomi’s designation as a Communist Chinese Military Company

Xiaomi, one of China’s high-profile tech firms that fell in the crosshairs of the Trump administration, has been removed from a U.S. government blacklist that designated it as a Communist Chinese Military Company. The U.S. District Court for the District of Columbia has vacated the Department of Defence’s designation of Xiaomi as a CCMC in January, a filed on May 25 shows. In February, Xiaomi sued the U.S. government over its inclusion in the military blacklist. In March, the D.C. court grante...
Tags: Gadgets, Asia, Government, China, US, Tech, United States, Telecommunications, Xiaomi, Huawei, U.s. Government, Trump, The Company, Department of Defence, Trump Administration, Communist Chinese Military Company


The Station: London scooter winners and Ford’s most important EV

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome back to The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to Point B. I want to point to two Extra Crunch articles before jumping into the rest of the news and analysis. Yes, Extra Crunch requires a subscription. We’re ramping up the transportation an...
Tags: Google, Amazon, Lyft, London, California, Washington, France, America, Los Angeles, Tech, General Motors, Canary Wharf, Bloomberg, Ars Technica, Chicago, Automotive


Bernie Sanders will join striking McDonald's workers demanding higher wages ahead of the chain's annual investor meeting

REUTERS/Mike Segar/File Photo McDonald's workers in 15 US cities plan to strike on May 19 for higher wages. Bernie Sanders will join the striking workers and make a speech. The strikes are planned for the day before McDonald's annual shareholder meeting. See more stories on Insider's business page. Bernie Sanders will join McDonald's workers in on May 19, the day before the company's annual shareholders meeting.On "Walkout Wednesday," employees in 15 US cities will ...
Tags: Milwaukee, US, Trends, Chicago, Bernie Sanders, The Company, McDonald, Sen Sanders, Mary Meisenzahl, Durham North Carolina McDonald


Greenlane Renewables’ revenue hits record with over 300% growth

In Canada, Greenlane Renewables reported a third consecutive record revenue quarter with growth of over 300% in Q1 2021 over the same period last year and second consecutive quarter of positive Adjusted EBITDA. Their record revenue of about $10 million (CAN$12.2 million) was an increase of 317% over the $2.3 million (CAN$2.9 million) reported in the first quarter of 2020. The Company announced new contract wins totalling $3.6 million in the quarter including supply of a membrane separation bioga...
Tags: Brazil, Biogas, The Company, Renewable Natural Gas, Midwest United States, Greenlane, Fuels, RNG, Greenlane Renewables, Canada Greenlane Renewables, Brad Douville


Trial Date Set for Reverse Mortgage Lender as Dismissal Motion is Pending

A trial date has been set for a dispute stemming from a complaint filed by the U.S. Department of Justice (DOJ) against reverse mortgage lender Nutter Home Loans (formerly known as James B. Nutter & Co.), stemming from a complaint filed by DOJ against the lender last fall. This is according to court documents obtained by RMD, as well as statements shared by representatives for DOJ and legal counsel for the lender. As the DOJ alleges in the original complaint filed last year, Nutter allegedly ...
Tags: Featured, Finance, Joe Biden, United States, Fca, Davis, Hud, Department Of Justice, District Of Columbia, Doj, OIG, Ben Carson, Cfo, Company, The Company, FHA


Montauk Renewables acquires NC tech company to boost waste processing capacity

In Pennsylvania, Montauk Renewables, Inc. has acquired privately-held NR3, LLC, (NR3) a pioneering environmental technology and renewable energy company, based in Greensboro, NC, that specializes in the recovery, refining, and recycling of natural resources from the waste streams of modern agriculture.  Montauk, historically focused on the environmental compliance and recovery of methane from landfills, commissioned its first agriculture waste-to-energy cluster project in August 2020. The Compan...
Tags: China, European Union, Pennsylvania, United States, North Carolina, The Company, NC, Montauk, Greensboro NC, Joe Carroll, Fuels, Montauk Renewables, Montauk Renewables Inc, Martin Redeker, National Pork Producer 's Council, USDA Foreign Agricultural Service


Major Ratings Firm Issues Second-Highest Ranking to Top Reverse Mortgage Lender

Global credit rating agency DBRS Morningstar has assigned a “good” ranking to Mahwah, N.J.-based reverse mortgage lender Longbridge Financial, in a move that Longbridge says will help to facilitate the creation of new products and features it can offer borrowers in the months and years to come. This is according to a release this week from DBRS Morningstar itself, and outreach to Longbridge by RMD. Rankings firm DBRS was purchased by Morningstar, Inc. in 2019. Both separate entities have disc...
Tags: Featured, Finance, Charlotte, Company, The Company, Morningstar, Mayer, Mahwah N J, Lenders, DBRS, HECM, RMI, Longbridge, Morningstar Inc, Longbridge Financial, Houston Tex


From Super Bowl regulars to first-time advertisers, here's a guide to the commercials airing during the big game

Jamie Squire / Staff A number of companies will advertise during the Super Bowl for the first time this year.  Other companies will introduce new products and cash prizes during game day. Huggies will be the first diaper brand to air a Super Bowl commercial. Visit the Business section of Insider for more stories. This year's Super Bowl might look different inside the stadium because of the COVID-19 pandemic, but commercials will still be a big part of the event. The cost to air a 30-secon...
Tags: Amazon, Verizon, Matthew Mcconaughey, Boston, Amy Schumer, Advertising, Sports, NFL, Trends, Features, Retail, Un, Cbs, Philadelphia, Toyota, Ashton Kutcher


Home Depot will spend $1 billion more on employees' pay as sales in home tools, paint, and building materials surge during the COVID-19 pandemic

Home Depot has benefited from a surge in sales during the pandemic. Luis Cortes/Reuters Home Depot Inc said Tuesday it will spend around $1 billion more on employees' pay annually, as it benefits from a surge in demand for tools, paint, and building materials in the COVID-19 pandemic. Overall net sales increased 23.2% to $33.54 billion, beating analysts' estimate of $32.04 billion. Home Depot have provided staff with temporary weekly bonuses and more hours of paid time off. Some of these w...
Tags: Home Depot, Trends, The Company, HD Supply Holdings Inc, Neil Saunders, GlobalData Retail, IBES, Kate Duffy Reuters, Luis Cortes Reuters Home Depot Inc, Refinitiv Overall