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.....»»
EV startup Fisker receives noncompliance notice from NYSE
Fisker, which makes the Ocean electric crossover, said the notice would not lead to an immediate delisting from the stock exchange, adding it has six months to regain compliance......»»
Audi union in Mexico agrees to salary hike, ending strike
The vote passed with 66.3 percent of employees backing the raise, Mexico's labor ministry said......»»
Economists have proposed a $100 billion-a-year fossil fuel tax: A debate Australia should embrace
Leading Australian economists Ross Garnaut and Rod Sims this week sought to shake up the carbon policy debate in Australia, by proposing a tax on the nation's fossil fuel production. They claim it could raise A$100 billion in its first year and posit.....»»
EV startup Fisker receives non-compliance notice from NYSE
Fisker, which makes the Ocean electric crossover, said the notice would not lead to an immediate delisting from the stock exchange, adding it has six months to regain compliance......»»
Xbox and Embracer’s mass layoff explanations aren’t good enough
Embracer Group CEO Lars Wingefors and Microsoft Gaming CEO Phil Spencer both commented on layoffs at their companies, but their responses raise questions......»»
Scout Motors touts benefits of being a Volkswagen Group-backed startup
For EV brand Scout Motors, being a startup backed by Volkswagen Group has its perks, namely crucial resources such as supply chain and production......»»
May Mobility lays off 40 amid self-driving headwinds
May Mobility, a Toyota-backed startup, had raised $105 million in November......»»
How Tech Giants Turned Ukraine Into an AI War Lab
AI tools provided by companies like Palantir raise questions about when and how invasive tech should be used in wartime Early on the morning of June 1, 2022, Alex Karp, the CEO of the data-analytics firm Palantir Technologies, cross.....»»
Apple to settle trade secrets lawsuit with chip startup Rivos
Apple has decided to settle with the chip startup Rivos, two years after first suing the company for stealing trade secrets. According to a filing released on Friday, Rivos and Apple informed a judge that they are planning to finalize a settlement by.....»»
Security Bite: Ransomware payments hit record $1.1 billion in 2023 despite previous year’s decline
It was a landmark year for ransomware in 2023 and a well-publicized one following the MOVEit and MGM Resorts beaches that shook the security industry. Not only did threat actors collectively pocket a record-breaking $1.1 billion from victims, but a n.....»»
Apple agrees to settle with Rivos in chip trade secret theft lawsuit
Apple may have reached a potential settlement to end its legal battles with the startup Rivos, which it previously accused of stealing trade secrets and poaching employees.Apple's M1 Max SoCApple sued Rivos in 2022, accusing it of taking engineers an.....»»
Dealers want better answers to used EV questions, including reliability and valuation
Better valuation processes could help dealers and consumers understand a used EV's condition, and more low-cost EVs and incentives could kindle shopper demand......»»
This Small Wearable Device Reduces Parkinson’s Symptoms
People with Parkinson’s have fewer tremors when they receive rhythmic physical stimulation—so a UK startup has created a coin-sized vibrating device to help patients move more easily......»»
Cable TV companies tell FCC: Early termination fees are good, actually
Cable firms say they'll raise monthly price if early termination fees are banned. Enlarge (credit: Getty Images | Jeffrey Coolidge) Cable and satellite TV companies are defending their early termination fees (ETFs) in ho.....»»
Do digital technologies offer a better way to loan people money?
A new paper in the Quarterly Journal of Economics finds that a new form of digital technology—essentially preventing people from using an asset for which they have a loan if they don't make payments, rather than repossessing the asset itself—may.....»»
How to get started using Optic ID for Apple Vision Pro
The Apple Vision Pro uses Optic ID as biometric authentication for payments and certain visionOS actions. Here's how it works, and how to use it.An Apple graphic representing Optic IDApple's biometric security processes has evolved over the years, st.....»»
EV sales could benefit from lower prices and easier used valuation
Sales of used EVs to affordability-concerned shoppers could get easier as valuation processes evolve, and the introduction of more low-cost EVs could spark interest......»»
Apple ‘preparing’ to buy AI startup with advanced privacy tech to bolster Apple Vision Pro
Sources indicate Apple plans to acquire Brighter AI, a German AI startup specializing in anonymizing face and license plate data. Apple aims to use this acquisition to enhance privacy features on Apple Vision Pro, 9to5Mac is told. Apple may be consid.....»»
A startup allegedly “hacked the world.” Then came the censorship—and now the backlash.
Anti-censorship voices are working to highlight reports of one Indian company’s hacker past. Enlarge (credit: WIRED staff/Getty Images) Hacker-for-hire firms like NSO Group and Hacking Team have become notorious for en.....»»
A Startup Has Unlocked a Way to Make Cheap Insulin
Houston-based rBIO has invented a new process to churn out insulin at higher yields using custom-made bacteria......»»