India’s BharatPe valued at $2.85 billion in Tiger Global-led $370 million funding
Indian fintech startup BharatPe has raised $370 million in a new round of financing as it looks to aggressively scale its business in the next two years. It’s the nineteenth Indian startup to become a unicorn this year (up from 11 last year) as.....»»
Google paid Apple $20 Billion to be default search engine in 2022
The ongoing antitrust lawsuit against Alphabet by the Justice Department has revealed that Google paid Apple a staggering $20 billion in 2022 for default search engine status.In 2022, Alphabet paid Apple $20 billionGoogle's relationship has been unde.....»»
Cadillac could keep selling gas vehicles past 2030 all-EV goal
GM's luxury brand has said it aims to have an all-EV portfolio by the end of the decade, but Cadillac's global vice president said electric and gasoline models "will coexist for a number of years.".....»»
Here’s how much Google paid Apple to be Safari’s default search engine in 2022
It’s no secret that Google pays Apple a lot of money to be the default search engine for the Safari web browser on iOS and macOS. In 2021, the company paid $15 billion to keep Google as the default search engine on Apple platforms. Now a report has.....»»
Congress lets broadband funding run out, ending $30 low-income discounts
ACP gave out last $30 discounts in April; only partial discounts available in May. Enlarge (credit: Getty Images | Yuichiro Chino) The Federal Communications Commission chair today made a final plea to Congress, asking f.....»»
Feathers, cognition and global consumerism in colonial Amazonia
Amazonia is the home of the largest variety of birds in the world. In such a unique environment, craft cultures have flourished by translating the beauty and creativity of environmental materials like feathers into stunning pieces of art......»»
Mazda teases an EV Mazda6 sedan with China show car
Mazda plans to launch a second battery-electric vehicle this year. The Mazda EZ-6 sedan is bound for China but could foreshadow how the Japanese company handles a wave of global EVs eventually landing in the U.S......»»
Goldman in talks with Barclays on GM Credit Card deal, WSJ Says
Goldman Sachs Group Inc. is in discussions to transfer its General Motors Co. credit-card business to Barclays Plc. The British lender is the lead candidate to take over the credit card portfolio with about $2 billion in outstanding balances,.....»»
Q&A: Jobs for young Africans—new data tool reveals trends and red flags
An estimated 23.6 million young Africans (aged 15–35) are unemployed—that's one in 22 (4.5%). With this number projected to grow to 27 million by 2030, the need for jobs is critical. But the key to good policies for job creation is good data......»»
Researchers find that calcium can protect potato plants from bacterial wilt
Scientists have discovered that calcium plays a significant role in enhancing the resistance of potato plants to bacterial wilt. This disease causes worldwide losses of potatoes costing $19 billion per year. The findings open up new avenues for integ.....»»
Two giants in the satellite telecom industry join forces to counter Starlink
SES is buying Intelsat, the world's first commercial satellite operator, for $3.1 billion. Enlarge / The Intelsat 901 satellite is seen by a Northrop Grumman servicing vehicle in 2020. (credit: Northrop Grumman) Facing c.....»»
Health care giant comes clean about recent hack and paid ransom
Ransomware attack on the $371 billion company hamstrung US prescription market. Enlarge (credit: Getty Images) Change Healthcare, the health care services provider that recently experienced a ransomware attack that hamst.....»»
Scientists show that ancient village adapted to drought, rising seas
Around 6,200 BCE, the climate changed. Global temperatures dropped, sea levels rose and the southern Levant, including modern-day Israel, the Palestinian territories, Jordan, Lebanon, southern Syria and the Sinai desert, entered a period of drought......»»
Why Honda chose Canada for its $11 billion EV hub
Taking advantage of production subsidies offered by the U.S. may have put the company ahead financially, but Canada’s tax credits came with no uncertainty......»»
AI hardware is like trying to invent the iPod after the iPhone
For some reason which utterly eludes me, 2024 seems to be the year of AI hardware. We’ve had the Humane AI Pin, the Rabbit R1, and even former Apple design chief Jony Ive reportedly seeking a billion-dollar bet for his own attempt. Reviews of Hu.....»»
Cybersixgill Third-Party Intelligence module identifies potential supply chain risks
Cybersixgill, the global cyber threat intelligence data provider, broke new ground by introducing its Third-Party Intelligence module. The new module delivers vendor-specific cybersecurity and threat intelligence to organizations’ security team.....»»
Island raises $175 million at $3 billion valuation
Island announced its $175 million Series D financing. The new funding round brings Island’s valuation to $3 billion, doubling the last valuation from less than a year ago. The round was led by new investor Coatue and existing investor Sequoia Capit.....»»
Lithia: Driveway Finance has $2M loss in Q1, still on track for profitability in 2024
Lithia Q1 2024 earnings: Car dealer Lithia Motors Inc.'s developing captive finance company Driveway Finance Corp. lost $2 million during the first quarter, compared with a $21 million loss a year earlier......»»
Researchers explore an old galactic open cluster
Using data from ESA's Gaia satellite, astronomers from Turkey and India have investigated NGC 188—an old open cluster in the Milky Way. Results of the study, published April 19 on the pre-print server arXiv, deliver important insights into the para.....»»
Researchers disprove current thinking on how to achieve global collaboration
The world's most pressing issues such as climate change will only be solved through global cooperation. New research by academics at the London School of Economics and Political Science (LSE), published in the Proceedings of the National Academy of S.....»»
Penske Automotive Q1 net income falls 28%
Penske Automotive Group Inc.'s first-quarter retail automotive service and parts revenue grew 9 percent to a quarterly record of $746 million......»»