Ford-Xiaomi EV Partnership Rumors, Waymo Funding, and Valentine's Day Spending Records

Ford and Xiaomi EV Partnership Rumors

• 🚗 Reports suggest Ford is in talks with China's Xiaomi to form a joint venture for manufacturing EVs in the U.S.
• 🚫 Both companies have denied these discussions to media outlets.
• 🌍 Chinese EV makers are expanding globally, though many are steering clear of the U.S. market.

Waymo Secures Significant Funding

• 💰 Waymo is reportedly close to finalizing a $6 billion funding round.
• 📈 This funding is expected to value the self-driving technology company at $10 billion.
• 🏦 The majority of the investment is anticipated to come from Waymo's parent company, Alphabet.

Record Valentine's Day Spending Expected

• ❤️ Americans are projected to spend a record $29.1 billion this Valentine's Day, according to the National Retail Federation.
• 🎁 Candy is the top gift choice, followed by flowers and cards.
• 🐶 Notably, 35% of consumers plan to buy presents for their pets this year.