All Businesses Can Now Purchase Commercial Rivian Vans

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A fresh week means fresh opportunities, and we’re here to bring you the latest updates, game-changing startups 🚀, and must-know insights to kick things off strong!

This week’s Featured Startups are pushing the boundaries of innovation, and they’re just getting started. Your feedback, support, and curiosity can help shape their journey—whether it’s trying their products, sharing their stories, or offering advice, every bit counts!

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30-Second News Picks

Sony Reveals Compensation For All PS Plus Players After PSN Outage - Forbes

Image Credit: PSN Sony

Our 30-Second Summary:

On February 9-10, 2025, PlayStation Network (PSN) experienced its longest outage since 2011, lasting exactly 24 hours. Sony attributed this to an "operational issue" without providing further details, and announced that users would be compensated with five additional days of PSN service. This compensation has been viewed as relatively minimal, especially compared to the free games offered after the 2011 outage. The disruption affected millions of users (PSN had 116 million daily active users as of 2024) and impacted various games' limited-time events. While some speculated that the outage might have been caused by a hack, the article argues this is unlikely since Sony has historically been transparent about security breaches, particularly when user data is compromised. However, questions remain about why Sony provided such a limited explanation for this significant service disruption.

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Rivian opens commercial van sales to all businesses - TechCrunch

Image Credits: TechCrunch

Our 30-Second Summary:

Rivian has announced that it will now sell its commercial electric vans to all U.S. businesses, marking a significant expansion from its previous exclusive arrangement with Amazon that ended in November 2023. The company is offering two models - the 500 and 700 series vans - though sales are restricted to registered businesses only. This move represents a potential new revenue stream for Rivian, coming at an important time as the company works to reduce losses before launching a more affordable SUV in 2026. After spending the past year building service infrastructure and conducting fleet trials, Rivian is ready for this broader commercial launch. The company has already produced 20,000 vans for Amazon, which had initially ordered 100,000 vehicles as part of its climate impact reduction efforts.

Stock Market Today: Nvidia A Big Gainer On Dow Jones; Uber Looks To Keep Rally Going - yahoo!news

Photo: Spencer Platt (Getty Images)

Our 30-Second Summary:

On Monday, February 10, 2025, U.S. stock markets showed positive momentum, with the Nasdaq leading gains at 1.1%, while the Dow Jones and S&P 500 rose 0.2% and 0.6% respectively. The market was influenced by President Trump's announcement of planned 25% tariffs on steel and aluminum imports, which boosted related stocks like Cleveland-Cliffs, U.S. Steel, and Nucor. Other notable market movements included GameStop shares jumping 8% following speculation about potential Bitcoin investments after its CEO was photographed with MicroStrategy's co-founder. Meanwhile, McDonald's stock rose 4% despite missing fourth-quarter expectations due to an E. coli outbreak, and investors remained focused on upcoming corporate earnings from companies like Coca-Cola, Super Micro Computer, Robinhood, and Coinbase, as well as an anticipated inflation report.

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Notes From KillerStartups Staff 👀

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