Amazonbacked

The Connectivity Standards Alliance has released the final Matter 1.0 standard and announced that the certification program is now open. An official Matter launch event is scheduled for November 3rd, but the first Matter devices could show…

Amazon-backed connected fitness equipment maker Tonal is reportedly cutting 35% of its workforce, affecting all levels of its business. According to CNBC, the company employs about 750 people, compared with a little more than 110 before the…

Rivian Automotive will make its market debut Wednesday, in what's expected to be one of the biggest IPOs of the year.The electric vehicle maker's stock is indicated to open at $125 a share, implying a valuation of as much as $106.6 billion…

<!-- -->Rivian expects to sell 135 million shares in the range of $72-$74 apiece to raise $10 billionRivian Automotive, backed by Amazon.com Inc, significantly raised the expected offer price of its shares, with the electric vehicle…

Electric vehicle maker Rivian Automotive Inc, which is backed by Amazon.com Inc and Ford Motor Co, said on Monday it was targeting a valuation of more than $53 billion in its initial public offering in the United States.The company, which…

Credit: Pixabay/CC0 Public Domain Rivian Automotive, an Amazon-backed electric vehicle startup, said Monday it is targeting a valuation of…

Sean Hannon | iStock | Getty ImagesA 50-megawatt onshore wind farm in Scotland is now operational, and tech giant Amazon will purchase all of its output.According to ScottishPower — which is part of the Iberdrola Group — the Beinn an Tuirc…

Bengaluru: Rivian Automotive, backed by Amazon.com Inc and Ford, disclosed losses of nearly $1 billion in the first half of the year, the electric vehicle maker's US IPO filing showed on Friday. The company has been investing aggressively…

Electric vehicle maker Rivian said it has confidentially filed paperwork with regulators for an initial public offering, setting the stage for a blockbuster year-end market debut as it looks to tap into a red-hot IPO market in the…

Electric vehicle maker Rivian said it has confidentially filed paperwork with regulators for an initial public offering, setting the stage for a blockbuster year-end market debut as it looks to tap into a red-hot IPO market in the US.…