Rivian says it will build fewer vehicles this year than it did in 2023, the result of a supply chain problem that popped up in the third quarter that has “become more acute in recent weeks.” The company did not specify what specific component is impacted. It only said that it is one shared by […]
Hurricane Beryl slows Texas football recruiting
Longhorns fans were hoping that the weekend commitment of 4-star cornerback Kade Phillips was just the beginning of a recruiting roll. Then a hurricane decided to blow through. No, really. As noted by SI’s Longhorns Country, a pair of 4-star, in-state recruits who have focused on Texas as a finalist were forced to delay their […]
Fintech funding slows to the lowest level since 2017
When it comes to funding, the fintech sector didn’t have a very good start to the year. Fintech funding slid by 16% quarter-over-quarter during the three-month period, according to CB Insights’ Q1 2024 State of Venture Report. But even more troubling than the double-digit dip was the fact that the $ 7.3 billion raised globally […]