24/07/2021

Energy & Green Tech

Electric vehicle maker Rivian raises another $2.5 bn

Electric vehicle maker Rivian on Friday said it has raised another $2.5 billion from backers including Amazon's Climate Pledge Fund as it gears up to bring a pickup truck to market.

Business

China's Tencent ordered to end exclusive music contracts

Internet giant Tencent was ordered by regulators to end exclusive contracts with music copyright holders, adding to increased enforcement of anti-monopoly and other rules as Beijing tightens control over booming online industries.