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Amazon-Backed Rivian in Talks for Texas Factory

Rivian Automotive, the electric-vehicle startup backed by Amazon.com, is in talks to invest at least $5 billion to build a factory near Fort Worth, Texas, according to a document obtained by Bloomberg News. Bloomberg’s Ed Ludlow has more on “Bloomberg Markets.” (Source: Bloomberg)

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Rivian Automotive, the electric-vehicle startup backed by Amazon.com, is in talks to invest at least $5 billion to build a factory near Fort Worth, Texas, according to a document obtained by Bloomberg News. Bloomberg’s Ed Ludlow has more on “Bloomberg Markets.” (Source: Bloomberg)

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11 Comments

11 Comments

  1. WitheringRiser

    August 11, 2021 at 6:36 pm

    First elon now bezos coming to texas

    • Mark Plott

      August 11, 2021 at 11:49 pm

      BOZO the Clown cant even get to ORBIT.

  2. Ajinomoto

    August 11, 2021 at 6:47 pm

    Waiting for the “copy cat” tweet from elon.

  3. thejeffinvade

    August 11, 2021 at 6:55 pm

    Jeff Bezos is really encroaching on Elon’s territory. Maybe Elon should invest in some Amazon competitors. Wait, there is none, never mind.

    • James Black

      August 11, 2021 at 7:18 pm

      Austin should be chosen

    • Balla jallow

      August 11, 2021 at 8:04 pm

      Walmart is Amazon’s competitor

    • thejeffinvade

      August 11, 2021 at 8:08 pm

      @Balla jallow I don’t think Waltons will sell or will issue new stocks.

  4. Normalized Audio

    August 11, 2021 at 7:00 pm

    UAW has trouble in TX.

    • Mark Plott

      August 11, 2021 at 11:50 pm

      the BEST Union, is NO Union at all – ELON.

  5. Kyle Hubb

    August 11, 2021 at 9:21 pm

    Copycats!

  6. Mark Plott

    August 11, 2021 at 11:49 pm

    RIVIAN should FOCUS in Actually going into Production and Delivering Vehicles as Promised to Customers.

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Bloomberg Technology

Meta Settles Federal Social Media Addiction Trial | Bloomberg Tech 8/26/2026

Bloomberg’s Ed Ludlow explains why Meta agreed to pay up to $18 billion in landmark settlements to resolve allegations that the company deliberately designed Facebook and Instagram to encourage compulsive use among young users. Plus, Nvidia reports after the closing bell today. And, Southern Company CEO Chris Womack joins to discuss the AI boom’s impact…

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Bloomberg’s Ed Ludlow explains why Meta agreed to pay up to $18 billion in landmark settlements to resolve allegations that the company deliberately designed Facebook and Instagram to encourage compulsive use among young users. Plus, Nvidia reports after the closing bell today. And, Southern Company CEO Chris Womack joins to discuss the AI boom’s impact on the American power grid.

00:00:00 – Bloomberg Tech Begins
00:01:13 – Ian King, Bloomberg News
00:02:31 – Jordan Klein, Mizuho Securities
00:09:38 – JB McCuskey, West Virginia Attorney General
00:27:01 – Chris Womack, Southern Company
00:34:37 – Ann Miura-Ko, Floodgate
00:40:40 – Alexandra Levine, Bloomberg News
00:44:30 – Kunjan Sobhani, Bloomberg Intelligence
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Meta Settlement Sets Blueprint for TikTok, YouTube

Meta has agreed to pay up to $18 billion over ten years and adopt new protections for teenage users as part of a landmark settlement with states over its social media platforms. The company was sued by 29 state attorneys general, including West Virginia Attorney General JB McCuskey, who says the deal provides a “blueprint”…

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Meta has agreed to pay up to $18 billion over ten years and adopt new protections for teenage users as part of a landmark settlement with states over its social media platforms. The company was sued by 29 state attorneys general, including West Virginia Attorney General JB McCuskey, who says the deal provides a “blueprint” for pursuing TikTok, YouTube, and other platforms. He joins Ed Ludlow on “Bloomberg Tech.”
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How ‘AI-Pilled’ Companies Are Rewriting the Startup Playbook

AI isn’t just changing what startups build, it’s changing how the companies themselves operate. Floodgate co-founder and Partner Ann Miura-Ko explains her thesis around the “AI-pilled organization,” where agents are deployed across engineering, sales, marketing, and strategy to dramatically accelerate how companies learn and execute. She joins Ed Ludlow on “Bloomberg Tech.” ——– Like this…

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AI isn’t just changing what startups build, it’s changing how the companies themselves operate. Floodgate co-founder and Partner Ann Miura-Ko explains her thesis around the “AI-pilled organization,” where agents are deployed across engineering, sales, marketing, and strategy to dramatically accelerate how companies learn and execute. She joins Ed Ludlow on “Bloomberg Tech.”
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