News aggregator SmartNews raises $230 million, valuing its business at $2 billion
SmartNews, a Tokyo-headquartered news aggregation website and app that’s grown in popularity despite hefty competition from built-in aggregators like Apple News, today announced it has closed on $230 million in Series F funding. The round bring.....»»
Best Sonos deals: Save $176 on speakers, soundbars and more
Right now you can save big on one of the best brands in the audio business with the the best Sonos deals on soundbars, Bluetooth speakers, and more......»»
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......»»
Business and management graduates can become sustainability champions—lessons from Uganda and Tanzania
There is no doubt about it: the world is in the grips of a climate crisis. The headlines are full of reports about extreme weather events and the negative effects of the fossil fuel industry......»»
AMD’s graphics card sales just took a nosedive
AMD just reported its financial results for the first few months of 2024, and its gaming business isn't doing so hot......»»
iPhone demand is falling, claims component supplier Skyworks
Apple supplier Skyworks has been regarded as a proxy for Apple's iPhone demand, and the company may have some bad news for investors.Apple's iPhone 15 ProSkyworks does not break down its earnings by customer, but it has been a longtime partner for Ap.....»»
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.....»»
Toyota establishes North American hydrogen business headquarters in Los Angeles
The H2HQ facility will do R&D, commercialization and sales for hydrogen fuel cell products......»»
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.....»»
HP is having a workstation sale — 50% off powerful desktops
HP has a huge sale on many different workstations with up to 50% off desktops perfectly suited for the factory floor or other business scenarios......»»
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.....»»
Immunizing consumers against bad news can protect brands, says study
Abercrombie & Fitch. Balenciaga. Starbucks. In recent years, these brands and many others have faced extreme public backlash due to insensitive comments from executives, changes to loyalty programs, controversial advertising decisions, and more......»»
Pixel 8a: Good News Ahead of Launch
There’s good news afoot for prospective Pixel 8a buyers as a credible leak suggests there won’t be a price difference between the upcoming budget device and its predecessor. We had heard that we might see the Pixel 8a jump up in price. An.....»»
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.....»»
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......»»
Elon Musk dismisses 2 Tesla senior executives, and their staffs, in fresh job cuts, report says
Rebecca Tinucci, senior director of the electric vehicle maker's Supercharger business, and Daniel Ho, head of the new vehicles program, are said to will leave the company immediately......»»
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......»»
Peacock announces price increase for both new and existing subscribers
Paying for streaming platforms has been getting more expensive, and now there’s some bad news for Comcast’s Peacock subscribers. The company announced this week that subscription prices will increase soon for both new and existing subscribers. Re.....»»