Uruguayan payments startup dLocal quadruples valuation to $5B with $150M raise
Cross-border payments startup dLocal has raised $150 million at a $5 billion valuation, less than seven months after securing $200 million at a $1.2 billion valuation. This means that the five-year-old Uruguayan company has effectively quadrupled its.....»»
Hierarchy expansion: When should a startup hire managers?
In a new study out of Vanderbilt Business, Professor Megan Lawrence explores a common challenge growing organizations face: how to continue to organize and coordinate the work of its growing body of employees......»»
Suzuki gives SkyDrive a lift into the global air mobility race
SkyDrive is looking like Japan's brightest hope in the burgeoning air mobility business. By teaming with Suzuki on production, the eVTOL startup aims to emulate the success of the country's automakers on the global stage......»»
Fisker has reportedly hired restructuring advisers for a possible bankruptcy filing
The Wall Street Journal reports the struggling EV startup hired financial adviser FTI Consulting and law firm Davis Polk to work on a potential filing. Fisker said it had no comment on the report......»»
Former Mobileye executive joins U.K. automated driving startup
Erez Dagan, a longtime Mobileye executive, has joined British automated driving tech startup Wayve at a time the company has its sights set on a big expansion......»»
Fisker has hired restructuring advisors for a possible bankruptcy filing — report
The Wall Street Journal reports the struggling EV startup hired financial adviser FTI Consulting and law firm Davis Polk to work on a potential filing. Fisker said it had no comment on the report......»»
Stripe officially launches Apple Pay Later support, now enabled by default for merchants
Apple Pay Later officially started rolling out a year ago. The feature gives users a way to easily split in-app and online Apple Pay purchases into four equal payments across six weeks, with no fees or interest. While Apple Pay Later has broadly.....»»
Meta sues “brazenly disloyal” former exec over stolen confidential docs
Meta's former exec allegedly shared data center secrets with a shadowy startup. Enlarge (credit: Boris Zhitkov | Moment) A recently unsealed court filing has revealed that Meta has sued a former senior employee for "braz.....»»
Toyota agrees to biggest wage hike in 25 years
Toyota has agreed to the demands of monthly pay increases of as much as $193 and record bonus payments......»»
Uber adds a new ‘rider rating’ score for monitoring your environmental impact
Uber on Monday announced a new feature that aims to raise awareness among its users about the impact of CO2 emissions on the atmosphere. Named “Emission Savings,” the feature is now being rolled out and will let riders get a better idea of their.....»»
Apple"s newest hire is another step towards ads in Apple TV+
Apple has hired away an advertising executive from NBCUniversal, as it continues to build out its rumored video ad business for Apple TV+.Apple TV+ logoApple has been rumored to be adding advertising to Apple TV+ for a while, which could help raise A.....»»
Nissan fully pays supplier contracts as Japan regulators swoop
Nissan withheld full payments to dozens of subcontracted suppliers in an allegedly illegal cost-cutting scheme that was investigated by Japanese regulators. .....»»
Apple TV+ blockbuster movies lost $150M at the box office, but still profitable
Many in the entertainment business have questioned the wisdom of the huge spends on Apple TV+ blockbuster movies, suggesting that the company is prioritizing vanity over commercial sense. But a new report suggests that the three latest ones have p.....»»
PayPal now offers Tap to Pay on iPhone for Venmo and Zettle customers in the US
PayPal on Thursday announced that it is bringing Tap to Pay on iPhone to its business customers through the Venmo and PayPal Zettle platforms in the US. With Tap to Pay on iPhone, vendors can use an iPhone to accept contactless payments, whether with.....»»
PayPal brings Tap to Pay on iPhone support for its business users
PayPal Zettle and Venmo business users can now take payments using Apple's Tap to Pay on iPhone.To use Tap to Pay, users just hold their iPhones together before starting the transactionFollowing its addition of Apple Pay support in September 2023, Pa.....»»
Scientists Are Inching Closer to Bringing Back the Woolly Mammoth
De-extinction startup Colossal Biosciences claims it has found a way to reprogram elephant cells, a technical breakthrough that could lead to the return of the long-lost mammals......»»
Dutch people adapt their climate beliefs more easily than their behavior, find researchers
Climate interventions do not lead to more climate action among Dutch, but they do raise awareness about climate change. That can be derived from the Climate Intervention Webapp, a database that has mapped the most effective strategies for promoting c.....»»
Struggling EV startup Fisker seeks U.S. manufacturing partner to make Alaska pickup
Fisker doesn't have a factory, but instead relies on contract manufacturing in Europe. It's now in talks with an automaker — possibly Nissan — to build future models together in the U.S., according to a report......»»
Battery startup Our Next Energy lays off 37 more employees
Battery startup Our Next Energy Inc. is again trimming headcount following months of struggles. Crain’s Detroit Business has learned that the Southeast Michigan-based company has cut another 37 jobs — 24 of which were located in Michigan — w.....»»
Battery startup Our Next Energy lays off another 3 dozen employees
Battery startup Our Next Energy Inc. is again trimming headcount following months of struggles. Crain’s Detroit Business has learned that the Southeast Michigan-based company has cut another 37 jobs — 24 of which were located in Michigan — w.....»»
Week in review: LockBit leak site is back online, NIST updates its Cybersecurity Framework
Here’s an overview of some of last week’s most interesting news, articles, interviews and videos: Overcoming the pressures of cybersecurity startup leadership In this Help Net Security interview, Kunal Agarwal, CEO at Dope Security, offers a look.....»»