Daily Digest: S.F. electric truck maker acquired; New scooters roll into the city

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Good morning, Bay Area. In retail news, Gap Inc on Thursday reported a smaller first-quarter loss than a year earlier, benefiting from the company’s restructuring efforts and easing supply chain costs, as shares (NYSE: GPS) were up 10% in early trading on Friday. Since September, Gap has eliminated about 2,300 corporate positions in two rounds of layoffs. In tech, Elon Musk’s Neuralink Corp. announced Thursday that it received the FDA approval to begin human testing of its brain-computer interface.…

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