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 […]
Streamer Plex launches its long-promised movie rentals store
Fresh on the heels of its $ 40 million fundraise, streaming media company Plex is today announcing its expansion into a new business: a movie rentals storefront. The addition, which will initially be offered to U.S. customers, will give the streamer another means of generating revenue beyond its subscription products and ad-supported streaming — a […]