Nigerian fintech of the unbanked Bankly raises $2M led by Vault and Flutterwave
Nigeria remains a largely cash-dominated country. There are over 100 million adult Nigerians, of which more than half have little or no access to financial services. Today, Bankly, a Nigerian fintech startup digitizing cash for the unbanked, announ.....»»
Radiant Security raises $15 million to expand engineering and go-to-market capacity
Radiant Security announced the successful closure of a $15 million Series A funding round. This strategic financing, led by Next47, reaffirms the soaring demand for AI-based solutions that address the longstanding challenges faced by Security Operati.....»»
Rain in northern France raises fears of new flooding
A new spell of rain in northern France on Monday forced school closures and brought fears of fresh misery after devastating floods hit the department of Pas-de-Calais last week......»»
Stellantis offers buyouts to 6,400 salaried employees
Workers with at least five years of seniority are eligible for the buyouts, which come as UAW members vote on a tentative labor agreement that provides double-digit raises and calls for $19 billion in manufacturing investments......»»
Hyundai raises workers" pay 14% next year, 25% by 2028, following Toyota and Honda
Hyundai is increasing wages for its manufacturing workers, a move that follows pay hikes at nonunion manufacturers Toyota and Honda as well as the six-week UAW strike against the Detroit 3......»»
Apple"s ad-free presence on Amazon raises questions about digital advertising practices
Apple's Amazon product pages have a minimalistic, ad-free design due to a 2018 agreement, drawing mixed reactions from industry competitors and highlighting the complexities of digital ad negotiations.[Investopedia]In a recent lawsuit against Amazon,.....»»
Ant Receives Chinese Government Nod to Roll Out AI Services
The fintech affiliate of Alibaba will roll out products powered by its large language model Bailing to the public. Ant Group Co., the fintech affiliate of Alibaba Group Holding Ltd., received approval from the Chinese government to.....»»
Tidal Cyber raises $5 million to accelerate the growth of its platform
Tidal Cyber raised $5 million, led by Squadra Ventures with participation from existing investors, in seed funding to accelerate the growth of its platform that enables security operations teams to proactively focus on critical threats, and take acti.....»»
Protecto raises $4 million to empower enterprises with trusted AI
Protecto announced the close of a $4 million seed funding round. Together Fund led the round with participation from Better Capital, FortyTwo VC, Arali Ventures and Speciale Invest. The latest round brings the total raised to $5 million after Protect.....»»
Rivian loses $1.37 billion in Q3, raises production forecast
Rivian Automotive reported a $1.37 billion net loss for the third quarter while raising its production forecast for the full year by 2,000 vehicles to 54,000 units......»»
Rivian loses $1.37 billion in the third quarter, raises full-year production forecast
Rivian Automotive reported a $1.37 billion net loss for the third quarter while raising its production forecast for the full year by 2,000 vehicles to 54,000 units......»»
Rivian raises loses $1.37 billion in the third quarter, raises full-year production forecast
Rivian Automotive reported a $1.37 billion net loss for the third quarter while raising its production forecast for the full year by 2,000 vehicles to 54,000 units......»»
AV startup May Mobility raises another $105M in Series D round
The latest round brings the 6-year-old company's total funding to approximately $300 million to date......»»
DirecTV Stream raises pricing across all its tiers
DirecTV Stream already was one of the more expensive live streaming services — and it just got even more pricey......»»
GM raises salaried workers" pay, benefits in wake of UAW tentative agreement
Salaried employees' base pay will increase an average of 3.5 percent in March 2024, according to an employee memo. GM also will raise its company match into employees' 401(k) accounts and enhance some medical and vision benefits......»»
Column: Winners, losers in the UAW"s deal with Ford
UAW President Shawn Fain delivered contracts that give workers unprecedented raises and save or reopen plants, at a cost of billions of dollars to suppliers and the Detroit 3......»»
Apple raises prices of Apple TV+ and other services
The Apple One bundle is getting pricier, too. Enlarge / Apple TV's adaptation of Isaac Asimov's Foundation. (credit: YouTube/Apple TV+) Apple announced monthly price hikes for several online services on Wednesday, includ.....»»
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.'.....»»