On Our "Virtual Route 66" This Week: As a new Month Dawns....

 

As new month dawns, we present a snapshot of the week that was with comments courtesy The Information, Industry Week & Ted.Com :

Aviation Strength Lifts GE Earnings, Stock But the conglomerate’s renewable energy business continues to struggle.  FULL ARTICLE  GM’s Battery Strategy: Finishing Plants, Firming up Suppliers and Keeping Those Engineers Busy Leadership shared the details of three new raw materials partnerships; emphasized the need to lower battery production costs; and updated progress on four U.S. battery-cell plants.  FULL ARTICLE  VW Starts Tennessee Production of ID.4 Electric SUVs Most components for the new vehicle will be sourced from North America, the company said.  FULL ARTICLE  Read the Summer 2022 IndustryWeek Edition The 2022 Summer Digital Edition of IndustryWeek Magazine is now available. Our cover story: The IW US 500  FULL ARTICLE  Manufacturing History - A Look at Advertising Through the Decades From the IW archives: Take a stroll through a century of manufacturing advertising and promotion - from Lipton in 1860 to Coca-Cola in 1963.  FULL ARTICLE

EXCLUSIVE ASIA CRYPTO China’s Top Angel Investors Pour $90 Million Into Crypto Hedge Fund, Betting on Recovery in Prices By Shai Oster The stomach-churning collapse of cryptocurrency tokens, savings accounts, and hedge fund Three Arrows Capital has wiped out fortunes just as the collapse of the Lehman Brothers investment bank did during the 2008 financial crisis. That means it’s the perfect time to buy cryptocurrencies, according to the founders of a young crypto investment firm backed by some of the most prominent Chinese tech investors. The firm, Smrti Lab, just launched a new $90 million fund to accumulate bitcoin and ethereum. The new fund’s buy-and-hold strategy is a bold bet on a continual rise in the tokens’ prices after they fell more than 60% this year, though Smrti last year started a separate fund that bets both for and against certain crypto assets.    READ THE FULL STORY

Exclusive VENTURE CAPITAL MARKETS Inside The RealReal, Cost-Cutting Was a Tough Sell Even as Losses Mounted Malique Morris The Big Read The Million-Follower Factory: TikTok Is Making Everyone Famous—But Few Creators Are Cashing In Kaya Yurieff

Exclusive VENTURE CAPITAL STARTUPS Sequoia Capital to Open New York Office, First U.S. Outpost Outside Silicon Valley Kate Clark Screentime Screentime: How a Sexual Wellness CEO Uses Her Phone for Work and Play Annie Goldsmith

VENTURE CAPITAL STARTUPS IPOs Are a Year Away for Tech Startups, KKR Deal-Makers Say Maria Heeter News Analysis AMAZON POLICY Amazon PR Chief’s Exit Foretells Policy Shake-up Paris Martineau

A new understanding of human history and the roots of inequality David Wengrow

How schools can nurture every student's genius Trish Millines Dziko

Why fun is the secret to a healthier life Catherine Price

How hip-hop can make climate action cool Samir Ibrahim, MyVerse and Kristen Warren

A 3-part plan to take on extreme heat waves Eleni Myrivili

Stories of photographing monumental people -- from Michelle Obama to Stephen Hawking Platon