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#Startup

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Business & Economy

Toyota and Joby Form eVTOL Manufacturing Joint Venture to Mass-Produce Flying Cars

Toyota and America's Joby Aviation are setting up a California joint venture to mass-produce eVTOL air taxis, with Toyota holding 51% and Joby 49%. Now that the flying is largely solved, the race hinges on whether anyone can build these aircraft cheaply and at scale. Here is why Toyota's production system is the bet, how China pulled ahead, and why Europe's pure-play startups collapsed.

Entertainment & Culture

Saudi and Korean Money Is Funding Japan's Star Game Developers — and Japan Can't Compete

Katsuhiro Harada launched VS Studio under SNK. Shinji Mikami's Unbound was absorbed by Korea's SHIFT UP. Daisuke Taka burned through his savings to go solo. As Japan's most celebrated game creators strike out on their own, the capital keeping them afloat is overwhelmingly Saudi and Korean. Here's why Japan's own giants can't fund their stars, and why foreign money can.