Rivian has revealed the first $ 10 million worth of grants from the Rivian Foundation, a philanthropy established three years ago in conjunction with Rivian’s IPO to dedicate 1% of its equity to those making the “natural world” a “stakeholder in our success.” The company launched a website for the foundation on Monday that details […]
US Court Rules In Favor Of LE SSERAFIM, Grants Access To Personal Information Of Malicious YouTubers
A California court has approved HYBE’s request to access the necessary personal information to identify two YouTubers who defamed LE SSERAFIM. LE SSERAFIM | Ilgan Sports On August 23, KST, it was reported that Source Music, the label of LE SSERAFIM, had its information disclosure request granted by the US District Court for the Northern […]
An appeals court rules that VC Fearless Fund cannot issue grants to Black women, but the fight continues
VC firm Fearless Fund has faced a setback in its plans to issue grants to Black women business owners. On Monday, an appeals court ruled against Fearless, upholding a preliminary injunction in place on the program. The court ruling said that Fearless Fund’s Strivers Grant likely violates the Civil Rights Act of 1866, which bans […]
US to award TSMC $6.6B in grants, $5B in loans to step up chip manufacturing in Arizona
The U.S. Commerce Department said on Monday that it has signed an agreement to award Taiwan Semiconductor Manufacturing (TSMC) $ 6.6 billion in direct funding under the CHIPS and Science Act to set up semiconductor factories in Phoenix, Arizona, and provide up to $ 5 billion in loans. This grant, pegged for the company’s U.S. […]