purchase

Lucid Group has announced a new agreement with long-time supporter Saudi Arabia and its Ministry of Finance. Under the terms of the agreement, the Government of Saudi Arabia has committed to purchasing 50,000 EVs from Lucid Motors over the next ten years, with the option to purchase an additional 50k over that same timeframe. Lucid Motors is an American automaker whose EV production is just beginning to pick up following first deliveries of its Dream Edition Air sedan this past fall. The next trim of the Air –…

Several states and environmental and labor groups have filed lawsuits against the USPS today. The lawsuits charge that the agency failed to do required environmental assessments before going through with their deal to spend billions on gas guzzlers to replace the aging postal service fleet. Two lawsuits were filed today, one in the Northern District of California, another in the Southern District of New York. The first was filed by Earthjustice, the Center for Biological Diversity, Sierra Club and CleanAirNow KC.…

Activision Blizzard has announced that its stockholders have voted to approve Microsoft’s acquisition of the company. An overwhelming 98% of shareholders voted in favor of Microsoft’s nearly $70 billion purchase in a special meeting on Thursday, according to a press release. Microsoft may have had its little victory in getting permission from Activision Blizzard’s stockholders and board of directors to buy the maker of Call of Duty, World of Warcraft, Crash Bandicoot, and the Tony Hawk’s Pro Skater series, but the…

Airtel has announced a new cashback initiative for its prepaid subscribers, wherein they will get Rs. 6,000 cashback on purchase of select smartphones. The cashback can be availed by customers who purchase a smartphone priced up to Rs. 12,000. Airtel says that over 150 smartphones are eligible for this benefit. The cashback is given only if a user recharges with an Airtel pack of Rs. 249 or more (with 1.5GB /day data and above) continuously for 36 months. The cashback is offered in two instalments – the first one comes in…

Written by James Kendrick, Rest in Peace…

First, we learned that Elon Musk had purchased enough shares of Twitter to become its largest individual shareholder. The company announced Musk would take a seat on its board of directors, but within the space of a week, that plan unraveled, and Musk informed the board he would not accept the position. After a tumultuous week, Twitter CEO Parag Agrawal announced that Musk declined the board seat, which released the world’s richest human from his commitment to not acquire more than 14.9 percent of the…

Update April 21st, 6:33PM ET: Sony has sold out of PS5 consoles for now. A year and a half since its release, the PlayStation 5 is still extremely difficult to get your hands on. Sony has been one of the most reliable retailers when it comes to console restocks, though it usually reserves them for invite-only restocks that you have to register in advance for. This is one of the rare moments where Sony is opening up a public queue, so if you’re still in the market for this rare console, either the disc-based PS5 for…