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Nscale reportedly faces investor pushback on its $30B IPO valuation

Some investors are pushing back on the roughly $30bn valuation that British AI cloud company Nscale is seeking in its planned New York listing, Bloomberg reported on Sunday. A valuation of $16bn to $19bn would be more likely to attract buyers, a group of investors told Bloomberg. No decisions have been made, and Nscale has not yet formally […]

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The Maeving RM2 is high-style electric riding with a few compromises

There’s a fast-growing category of two-wheeled electric vehicles splitting the difference between high-end scooters and entry-level motorcycles, fresh bikes with avant-garde style but approachable performance. I’m talking about offerings like the Infinite Machine P1 and BMW CE 02, similar concepts but with wildly different attitudes. Among this class, the Maeving RM2 stands out. It has […]

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Uber says it has defeated £340M lawsuit from London black cab drivers

Uber said on Monday that it had won its bid to throw out two linked lawsuits in London worth about £340mn. The claims were brought by thousands of black cab drivers and two former minicab companies. The ruling was first reported by Reuters, which said a copy of the High Court judgment was not yet available According to Law360, […]

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