Rivian gives RJ Scaringe a new pay package worth up to $5B

Plus more of TechCrunch's top stories this afternoon

View this email online in your browser  November 07, 2025 TechCrunch Top 3 Rivian gives RJ Scaringe a new pay package worth up to $5B: The company canceled a similar-sized award from 2021, when EV optimism was sky-high, due to the "unlikeliness" that the associated goals could be met. Read More Seven more families are now suing OpenAI over ChatGPT's role in suicides, delusions: In one case, 23-year-old Zane Shamblin had a conversation with ChatGPT that lasted more than four hours. Read More I tried the Apple Crossbody Strap. It's convenient, but the phone looks silly when the strap is removed.: Apple's new Crossbody Strap is a convenient way to go hands-free but the strap can rub uncomfortably at times, and the phone looks silly when the strap is removed. Read More A message from J.P. Morgan From vision to venture backed J.P. Morgan supports businesses on their journeys from seed to scale. Whether you're in early days or strategizing your exit, J.P. Morgan has tailored tools to provide personalized guidance at every stage of growth. With teams across industries and markets, J.P. Morgan can help founders scale with confidence.    Get Connected Afternoon Must-Reads Congressional Budget Office confirms it was hacked: The congressional research office confirmed a breach, but did not comment on the cause. A security researcher suggested the hack may have originated because CBO failed to patch a firewall for more than a year. Read More 'Landfall' spyware abused zero-day to hack Samsung Galaxy phones: A newly identified Android spyware targeted Galaxy devices for close to a year, including users in the Middle East, researchers exclusively tell TechCrunch. Read More Amazon launches a low-price standalone shopping app, Amazon Bazaar, in over a dozen markets: Amazon Bazaar, a new low-cost shopping destination for Asia, Africa, and Latin America that will be available separately from the main Amazon shopping app. Read More Texas AG sues Roblox, accusing it of prioritizing 'pixel pedophiles' over child safety: In a statement, Paxton alleged that Roblox chooses to prioritize "pixel pedophiles" and profit over the safety of children, and said the platform has become a "breeding ground for predators." Read More Washington Post confirms data breach linked to Oracle hacks: The Washington Post is the latest victim of a hacking campaign by the notorious Clop ransomware gang, which relied on vulnerabilities in Oracle software used by many corporations. Read More A message from Fidelity Top Venture Capital Trends Startups Should Watch in 2025 Report Startup executives, the VC world is always changing, and it's important to stay updated. As your company grows, you face new challenges & opportunities. The competitive landscape is shifting & you need to stay informed and prepared. Download our guide now to master the VC landscape & set your company up for long-term success. Download Now Be the first to know when news breaks Subscribe to our News Alerts, and you won't miss a thing. Breaking news, exclusives, and special reports—straight to your inbox. Sign up for News Alerts! Last but Not Least How one founder plans to save cities from flooding with terraforming robots: Instead of building seawalls or dikes, Terranova has developed a new way to raise cities to protect them from sea-level rise. Read More Check out some of our other newsletters: StrictlyVC TechCrunch Events TechCrunch Mobility Want to adjust your daily newsletter schedule? You can do it right here Got a tip? Get in touch securely. Want to advertise on TechCrunch? advertise@techcrunch.com Has this been forwarded to you? Click here to subscribe to this newsletter. Unsubscribe Member Center Privacy Policy Copyright © 2025 TechCrunch Media LLC 501 2nd Street, Suite 650, San Francisco, CA 94107