Lucid Motors’ senior vice president of digital Mike Bell has resigned from his position. The company said in a filing Monday that the longtime Apple and Intel executive’s resignation is “effective immediately, in order to pursue other opportunities.” Lucid says Bell will serve in an advisory role through mid-August to help “transition” his duties at […]
CesiumAstro claims former exec spilled trade secrets to upstart competitor AnySignal
CesiumAstro alleges in a newly filed lawsuit that a former executive disclosed trade secrets and confidential information about sensitive tech, investors and customers to a competing startup. Austin-based Cesium develops active-phased array and software-defined radio systems for spacecraft, missiles and drones. While phased-array antenna systems have been used on satellites for decades, Cesium has considerably […]
Former top SpaceX exec Tom Ochinero sets up new VC firm, filings reveal
Former senior SpaceX executive Tom Ochinero is teaming up with SpaceX alum-turned-VC, Achal Upadhyaya, and one of Sequoia’s top finance leaders, Spencer Hemphill, on a new venture called Interlagos Capital, TechCrunch has learned. There is little public information available about Interlagos, and the trio did not respond to TechCrunch’s request for comment. The company was […]
Tesla exec Drew Baglino reportedly out as company lays off 10%
Tesla is laying off thousands of employees as it tries to simultaneously cut costs and boost productivity, according to an internal email sent to staff by CEO Elon Musk, Electrek and Bloomberg News reported. Drew Baglino, one of the company’s highest-ranking executives, has also left the company, according to Bloomberg. The electric automaker is cutting […]
Amazon, eyeing up AI, adds Andrew Ng to its board; ex-MTV exec McGrath to step down
If corporate boards of directors signal something about where a company wants to be focusing, Amazon’s just made an interesting move to change up its direction. The company has just announced that Andrew Ng — a prominent figure in the world of AI, and specifically building AI within large tech companies — is joining its […]