Bloomreach raises $150M on $900M valuation and acquires Exponea
Bloomreach, an API company that helps eCommerce customers with search and web site creation, announced a $150 million investment today from Sixth Street Growth. Today’s funding values the company at $900 million. At the same time, the company a.....»»
UAW calls off strike against Ford after tentative contract reached with 25% raises
If ratified, the deal would provide roughly 57,000 hourly workers with 25 percent raises over four years and bring an end to a 6-week-old strike......»»
Ford, UAW close in on tentative deal with 25% raises, sources say
Ford and the UAW could announce a tentative agreement as early as Wednesday evening. If ratified, the deal would provide roughly 57,000 hourly workers with 25 percent raises over four years and bring an end to a 6-week-old strike......»»
Sources: UAW now wants at least 25% raises
The new figure, relayed to some bargaining teams in recent days, is 2 percentage points above the raises proposed by Ford, General Motors and Stellantis, which would put top earners at more than $40 per hour by 2027......»»
GM, Stellantis offer 23% raises in new proposals to UAW
The automaker said its comprehensive offer 'made substantial movement in all key areas in an effort to reach a final agreement with the UAW and get our people back to work.'.....»»
Unstoppable Automotive acquires California dealerships in Monterey, Fresno
Unstoppable Automotive's transactions included a dealership in Fresno, Calif., owned by the Haron family since 1945......»»
Autoliv raises sales guidance after solid third-quarter profit
Autoliv CEO Mikael Bratt said the company would increase its 2023 sales guidance to about 17 percent organic growth from 15 percent, citing development of light vehicle production, to which it is highly exposed......»»
GM offers 23% raises in new proposal to UAW
The automaker said its comprehensive offer 'made substantial movement in all key areas in an effort to reach a final agreement with the UAW and get our people back to work.'.....»»
Netflix raises prices up to 17% amid new contracts, licensing costs
2023 subscription costs will pay for 2024's increased content and talent costs. Enlarge / The Netflix logo at the entrance to Netflix Albuquerque Studios film and television production studio lot. Having earned a 22 per.....»»
Prove Identity raises $40 million to boost its digital identity solutions
Prove Identity has announced a $40 million funding round led by MassMutual Ventures and Capital One Ventures. The funds will be used to launch new commerce enablement and fraud-fighting use cases, continue Prove’s global expansion, and address the.....»»
#1 Cochran Automotive acquires Flynn Auto Group"s 4 Ohio dealerships
#1 Cochran Automotive has completed its fifth acquisition of the year and bolstered its presence in the Youngstown, Ohio, market......»»
Customers warn they’ll leave Netflix in droves if it raises prices again
In life, so they tell us, there are only two certainties: Death and taxes. But to that list, I’ll add one more inevitability — Netflix’s … The post Customers warn they’ll leave Netflix in droves if it raises prices again.....»»
Space Rock Games raises $1.2M to develop Criminals Within
Space Rock Games has raised $1.2 million for a video game studio working on a game called Criminals Within. Space Rock Games has raised $1.2 million for a video game studio working on a game called Criminals Within.Read More.....»»
Deta raises $3.6M seed round to develop cloud-based operating system
Deta, an upstart Berlin-based technology company, is aiming to revolutionize personal computing with the launch of Deta Space — a platform its founder describes as the world's first personal cloud computer. Deta, an upstart Berlin-based techn.....»»
Xsolla acquires 3 content creation and distribution companies
Xsolla, a global game commerce company, has acquired Lightstream, Rainmaker, and API.stream from Videndum, the parent company. Xsolla, a global game commerce company, has acquired Lightstream, Rainmaker, and API.stream from Videndum, the parent c.....»»
Discovery of invisible nutrient discharge on Great Barrier Reef raises concerns
Scientists using natural tracers off Queensland's coast have discovered the source of previously unquantified nitrogen and phosphorous that are having a profound environmental impact on the Great Barrier Reef......»»
How a chatbot encouraged a man who wanted to kill the Queen
The case of Jaswant Singh Chail raises questions about the safety of AI-powered chatbots......»»
Windsor crossbow case: What are the dangers of AI chatbots?
The case of Jaswant Singh Chail raises questions about the safety of AI-powered chatbots......»»
How much are you willing to pay for a product or service? It depends on your other options and the given context
Researchers from Concordia University and Northwestern University published a new Journal of Marketing study that presents the Comparative Method of Valuation as a more accurate way to measure customers' willingness to pay for a product or service......»»
Ford gives UAW "costly" new offer with more than 20% raises
Ford said it was offering to increase temporary workers' pay 26 percent to $21 an hour, versus $20 in the last publicly known proposal, and raise most full-time workers' pay by "more than" the 20 percent over four years it previously offered......»»
A string of volcanic tremors raises fears of mass evacuations in Italy
Hundreds of small tremors have shaken a densely populated volcanic area west of the Italian city of Naples in recent weeks, pushing the government to quickly redraft mass evacuation plans, even though experts don't see an imminent risk of eruption......»»