Technology
An early Joby Aviation backer might soon be its biggest distributor in Saudi Arabia

Joby Aviation has reached a tentative deal with investor and Saudi Arabian conglomerate Abdul Latif Jameel (ALJ) to distribute up to 200 electric aircraft valued at about $1 billion over the coming years.
If finalized, the partnership could provide Joby with a fast path to monetizing its electric vertical takeoff and landing vehicles in Saudi Arabia.
“A question that folks have asked is, how are you going to monetize, and how quickly is that going to happen?” Paul Sciarra, the executive chairman of Joby’s board who’s most known for co-founding Pinterest, told TechCrunch. “And I think what this shows is that with direct sales, there is a way to get to scale earlier for lower cost by thinking about distributor partners in given geographies. And this is the first of what we hope are a number of announcements on that front.”
The two companies signed a Memorandum of Understanding to explore a distribution agreement Tuesday. And while an MoU is not exactly a signed and sealed deal, sources familiar with the agreement say they’ll be able to share more concrete details later this year.
The deal would be among the first instances of an eVTOL startup landing a distributor partner for their aircraft. Joby also plans to own and operate its own aircraft in the U.S. and other markets, and partner with airlines and other carriers in countries like Japan.
Paul Sciarra, executive chairman of Joby’s board and co-founder of Pinterest, said ALJ is an ideal partner for a number of reasons. First, the company’s relationship with Toyota – which just closed the first $250 million tranche of its total $500 million investment into Joby – runs deep. ALJ became the exclusive distributor of Toyota in Saudi Arabia in 1955 and grew to be one of the world’s largest independent Toyota and Lexus distributors. ALJ also participated in Joby’s 2020 Toyota-led Series C funding round.
Beyond their mutual ties, Sciarra says ALJ has “a lot of the infrastructure on the ground, not only for the sales process, but also for the support, pilot training, and maintenance.”
“That’s all going to be critical to actually making sure that the sales are not just cut, but are successful over the long arc,” Sciarra told TechCrunch.
He noted that as an 80-year-old network of diversified businesses, ALJ is also close with the Saudi Arabian government as well as a number of potential customers, including restoration and tourism projects like the Red Sea Project and the AlUla Project.
Despite the promising partnership in Saudi Arabia, Joby’s go-to-market strategy will still be to launch in Dubai next year, with a U.S. market to follow.
“What this shows is how we deepen the funnel beyond some of the initial markets,” Sciarra said. “And this sort of structure, where we find the right local partner that can help us sell and support, is going to be a way that we get to geographies that may not be first on our list, but allow us to monetize them more quickly.”
Joby’s deal with AFJ comes amid unprecedented levels of cooperation between the U.S. government and Saudi Arabia in the realms of AI, technology infrastructure, and energy. Last month, Saudi Arabian firm DataVolt agreed to invest $20 billion in AI data centers and energy infrastructure in the U.S., and American tech giants like Google, Oracle, Salesforce, AMD, and Uber have pledged $80 billion toward transformative technologies in both countries, according to the White House.

A blog which focuses on business, Networth, Technology, Entrepreneurship, Self Improvement, Celebrities, Top Lists, Travelling, Health, and lifestyle. A source that provides you with each and every top piece of information about the world. We cover various different topics.
Technology
Week in Review: Meta reveals its Oakley smart glasses

Welcome back to Week in Review! Lots in store for you today, including Wix’s latest acquisition, Meta’s new smart glasses, a look at the new Digg, and much more. Have a great weekend!
Smart specs: Meta and Oakley have teamed up on a new pair of smart glasses that can record 3K video, play music, handle calls, and respond to Meta AI prompts. They start at $399 and have double the battery life of Meta’s Ray-Bans. A $499 limited-edition Oakley Meta HSTN model will be available starting July 11.
Unicorn watch: Wix bought 6-month-old solo startup Base44 for $80 million in cash after it quickly gained traction as a no-code AI tool for building web apps. Created by a single founder and already profitable, Base44’s rapid rise made scooping it up irresistible.
Sand to the rescue: Finland just turned on the world’s largest sand battery — yes, actual sand — which stores heat to help power the small town of Pornainen’s heating system and cut its carbon emissions. The low-tech, low-cost system is built from discarded fireplace soapstone, is housed in a giant silo, and can store heat for weeks, proving you don’t need fancy lithium to fight climate change. You just need a pile of hot rocks.
This is TechCrunch’s Week in Review, where we recap the week’s biggest news. Want this delivered as a newsletter to your inbox every Saturday? Sign up here.
News

We’re back, baby: VanMoof is back from the brink with the S6, its first e-bike since bankruptcy — and it’s sticking to its signature custom design, despite that being what nearly killed the company. Backed by McLaren tech and a beefed-up repair network, the new VanMoof promises smoother rides, smarter features, and (hopefully) fewer stranded cyclists.
Space lasers: Baiju Bhatt, best known for co-founding Robinhood, is now building lasers in space. His new startup, Aetherflux, has raised $60 million to prove that beaming solar power from orbit isn’t a fantasy, with a demo satellite set to launch next year and early backing from the Department of Defense.
Oh no: One of SpaceX’s Starship rockets exploded during a test in Texas, likely pushing back the vehicle’s next launch, which had been tentatively set for June 29. SpaceX says the blast, caused by a pressurized tank failure, didn’t injure anyone, but it’s yet another setback in a rocky year for the company’s ambitious mega-rocket program.
That lossless feeling: Spotify’s long-awaited lossless audio tier still hasn’t launched, but fresh hints buried in the latest app code suggest that it’s under active development and could be closer than ever. But with years of delays and no official timeline, fans might want to temper their excitement until Spotify confirms the rollout.
I can Digg it: Digg’s reboot has entered alpha testing with a fresh iOS app aimed at becoming an AI-era Reddit alternative. The app offers a clean, simple design with curated communities, AI-powered article summaries, and gamified features like “Gems” and daily leaderboards.
We want you: The U.S. Navy is speeding up how it works with startups, cutting red tape and zeroing in on real wins like saved time and better morale. Department of the Navy CTO Justin Fanelli says it’s leading with problems, hunting for game-changing tech in AI, GPS, and system upgrades. And with Silicon Valley finally paying attention, the Navy’s becoming a go-to partner for innovators ready to shake things up.
Cash ain’t king: Mark Zuckerberg is throwing out massive cash — up to $100 million — to lure top AI talent from OpenAI and DeepMind. But OpenAI’s Sam Altman says none of his key people have bitten, praising his team’s mission over money. Meanwhile, OpenAI keeps pushing ahead with new AI models and even hints at launching an AI-powered social app that could outpace Meta’s own shaky attempts.
Before you go

San Francisco’s latest startup saga? Cluely’s after-party for YC’s AI Startup School blew up on Twitter, drawing 2,000 party crashers, but it became the “most legendary party that never happened” after getting shut down by cops before a single drink was spilled. Founder Roy Lee’s viral marketing may have promised chaos, but the real party’s waiting. Maybe once the weather warms up?

A blog which focuses on business, Networth, Technology, Entrepreneurship, Self Improvement, Celebrities, Top Lists, Travelling, Health, and lifestyle. A source that provides you with each and every top piece of information about the world. We cover various different topics.
Technology
2 days left to save up to $210 on your TC All Stage pass

Time is almost up! Regular bird pricing for TechCrunch All Stage ends this Sunday, June 22, at 11:59 p.m. PT. That means you have just 2 days left to lock in savings of up to $210 on your ticket to one of the ultimate founder events of the summer.
TC All Stage lands in Boston at SoWa Power Station on July 15 for one action-packed day built for founders, investors, and startup operators who want more than surface-level inspiration. Expect tactical sessions, real conversations, and curated connections — all under one roof.
If you’re a founder, investor, or startup operator, this is your moment to get in the room. Secure your pass now and save up to $210.
Here’s what makes TC All Stage a can’t-miss event
At TC All Stage, we’re not interested in vague predictions or padded panels. We’re focused on what’s actually working right now — and who’s making it happen.
Visit the TC All Stage agenda page to see the full lineup of roundtables and sessions, but in the meantime, you can expect sessions like these:
- “How to Actually Raise Right Now” — insights into navigating the current investment landscape
- “Brand vs. Growth: What Early Startups Should Prioritize” — smart takes on strategic focus
- “AI Isn’t the Strategy: It’s the Tool” — a realistic look at integrating emerging tech into your roadmap
- “Scaling with Soul” — how to grow fast without losing your team, your culture, or your mission
Hear from the people who get it
We’re bringing in the founders, investors, and operators with firsthand insight on what it takes to build and scale today. Some of the speakers you’ll hear from include:
But it’s more than what happens on stage
Throughout the day, you’ll dive into expert-led roundtables, founder-focused breakouts, and high-energy networking. Test your pitch in front of investors during networking meetings, or see how yours stacks up while watching startups compete in the “So You Think You Can Pitch” showdown. Then, close out the day with curated Side Events across Boston — from happy hours to VIP meetups.
Don’t miss your chance to connect, grow, and scale at TC All Stage. Prices jump in just 2 days — Sunday, June 22, at 11:59 p.m. PT. Save up to $210 and get your ticket now.

A blog which focuses on business, Networth, Technology, Entrepreneurship, Self Improvement, Celebrities, Top Lists, Travelling, Health, and lifestyle. A source that provides you with each and every top piece of information about the world. We cover various different topics.
Technology
Rippling spy says men have been following him, and his wife is afraid

If becoming a spy sounds like an exciting way to live like a le Carré character, let this newest affidavit from confessed Rippling spy Keith O’Brien serve as a warning.
On Friday, an Irish judge granted O’Brien a restraining order against several men who have not yet been identified, according to the court order seen by TechCrunch. O’Brien testified that multiple men — two in a gray Skoda Superb on one occasion, and more often, a short-haired, heavy-set man in a black SUV, sometimes accompanied by a large dog — had repeatedly followed his car and watched his home.
O’Brien’s story has captured the imagination of the tech industry after his colorful confession in April, in which he alleged that he was a spy for Deel. He said he was paid €5,000 a month to steal Rippling’s internal data on everything from products to customers. Rippling caught him by setting up a honeypot Slack channel. On the day he was caught, O’Brien pretended to flush his phone down the corporate toilet and later smashed it, dropping pieces down the drain at his mother-in-law’s house, according to his affidavit.
Now he’s the star witness for Rippling in its lawsuit against Deel. Rippling is even picking up the tab for his legal and related expenses, its lawyers testified. Deel is also countersuing Rippling, claiming it was spied on too, by a Rippling employee impersonating a customer. The two HR tech companies have been bitter rivals for years after Deel — once a Rippling customer — began offering competing products.
In the latest part of the saga, O’Brien testified that he tried to lose the black SUV following his car by making sudden turns and taking roundabout ways to get home, only to see it reappear in his rearview mirror. He hired a security consulting company and feared that someone was placing tracking devices on his car.
O’Brien claims all of these incidents have created “emotional and psychological” damage for himself and his wife. “We have been experiencing anxiety at home and in public. It has affected our sleep and our concentration,” O’Brien said in his latest affidavit. They are fearful for the safety of their four children.
He and his lawyer speculated that this was intended as harassment related to his role as star witness. However, O’Brien’s lawyer also admitted in court that they had no evidence tying the men to Deel. Deel also denied knowing anything about the man in the black SUV.
According to the Irish publication Business Post, when granting the injunction, the judge apparently said, “As if they are in a 1970s cops and robbers” TV show.
Whatever happens in the dueling court cases, O’Brien has made himself the rope in a bitter tug of war between these two well-funded HR startups. And from what he says in his testimony, it sounds painful.

A blog which focuses on business, Networth, Technology, Entrepreneurship, Self Improvement, Celebrities, Top Lists, Travelling, Health, and lifestyle. A source that provides you with each and every top piece of information about the world. We cover various different topics.
-
Technology2 weeks ago
TechCrunch Mobility: How Jony Ive’s LoveFrom helped Rivian and what Uber’s next-generation playbook looks like
-
Entertainment2 weeks ago
Sean ‘Diddy’ Combs’ Lawyers Make Another Mistrial Request, Their Second in 2 Weeks
-
Travel3 weeks ago
15 Essential Tips Before Visiting a Car Dealership in Alabama
-
Life Style3 weeks ago
10 Simple Ways to Spread the Optimism and Positive Energy Starting Today
-
Travel2 weeks ago
11 Ways North Carolina’s Kids Passed the Time After School in the 1950s
-
Travel2 weeks ago
America’s Favorite Fudge Flavors by State: Can You Guess Maine’s Sweetest Pick?
-
Life Style3 weeks ago
82 End of Summer Quotes to Celebrate and Cherish a Happy Season
-
Technology3 weeks ago
Elon Musk’s introduction to politics