Taiwan's 'baby Tesla' of scooters heads to Wall Street
CNN
Gogoro, a Taiwanese electric scooter startup that's backed by Al Gore and one of Apple's biggest suppliers, is about to have its day on Wall Street.
The company will debut on the Nasdaq on Tuesday after merging with a special purpose acquisition company, Poema Global (PPGH). The deal values the vehicle maker at about $2.35 billion. That's more than triple its last disclosed valuation of $800 million in September 2017.
The Taipei-based firm has raised at least $335 million in cash through the deal, which closed Monday, and will begin trading under ticker symbol "GGR."
Donald Trump is considering a right-wing media personality and people who have served on his US Secret Service detail to run the agency that has been plagued by its failure to preempt two alleged assassination attempts on Trump this summer, sources familiar with the president-elect’s thinking tell CNN.
President-elect Donald Trump’s new Department of Government Efficiency, a nongovernmental entity helmed by billionaire Elon Musk and biotech entrepreneur and former Republican presidential candidate Vivek Ramaswamy, is expected to make a push for an end to remote work across federal agencies as a way to help reduce the federal workforce through attrition.
The Biden administration has approved sending anti-personnel mines to Ukraine for the first time in another major policy shift, according to two US officials. The decision comes just days after the US gave Ukraine permission to fire long-range US missiles at targets in Russia, a shift that only occurred after months of lobbying from Kyiv.