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.....»»
Extreme weather influences mortgage payments, study finds
When cyclones and floods hit populated areas, people's ability to pay their mortgage differs depending on the type and intensity of the extreme weather, research suggests......»»
Verizon won’t stop charging $3.30 “Telco Recovery” fee, may raise it again
Users will get up to $100 each in refunds, but Verizon fee isn't going away. Enlarge / A Verizon store in New York on July 3, 2023. (credit: Getty Images | Bloomberg) Verizon Wireless customers may get up to $100 each a.....»»
Circular Saw Statistics 2024 By Market Size, Share And Types, Company, Injuries and Shipments
Introduction Circular Saw Statistics: As of reports, the market […] Introduction Circular Saw Statistics: As of reports, the market valuation of the circular saw industry is expected to reach above $12.81 billion. The industry is grow.....»»
Tesla gets a $94 billion reality check as EV winter sets in
Elon Musk's automaker has lost more than $94 billion in market valuation in the first two weeks of 2024. It’s not hard to figure out why......»»
Picky female sparrows may be more unfaithful
Picky female sparrows may be more unfaithful, new Imperial research suggests. Cheating on social partners is common in birds, and there are clear benefits to males who can raise more offspring without investing in their care. For females, however, th.....»»
The next step in smartphone battery tech – nuclear power!
A Chinese startup has unveiled a new battery based on nuclear technology that they claim allows batteries to last for as long as 50 years! The post The next step in smartphone battery tech – nuclear power! appeared first on Phandroid......»»
Stellantis invests in French sodium-ion battery startup Tiamat
Sodium-ion batteries could offer an alternative to lithium, especially for inexpensive short-range EVs......»»
Lucid Q4 deliveries fall 10%; stock plummets
The EV startup reported 1,734 deliveries in the most recent quarter and full-year sales of 6,001. Lucid has repeatedly cut its production forecasts amid weak demand for its luxury Air sedan......»»
ABB buys tech company to give next-generation industrial robots eyes and brains
The deal to buy Sevensense, a Swiss startup, is the latest robotics investment by ABB and follows growing demand for industrial robots that can move and work independently......»»
The return of student loan payments could strain young buyers
During the repayment pause, 36 percent of consumers with student loans took on an automotive loan......»»
Quantum computing startup says it will beat IBM to error correction
Company builds on recent demonstration of error-tracking in similar hardware. Enlarge / The current generation of hardware, which will see rapid iteration over the next several years. (credit: QuEra) On Tuesday, the quan.....»»
Apple now sending $92 payments to iPhone users affected by ‘batterygate’ throttling
Payouts to iPhone users are finally on their way as part of Apple’s $500 million settlement of the “batterygate” throttling controversy. iPhone users who filed a claim as part of the case will receive a payment of around $92.17 for each claim......»»
Apple finally sends "batterygate" checks to iPhone owners
Following its 2020 $500 million settlement to end a U.S. class action lawsuit over the iPhone "batterygate" saga, participants are finally starting to get payments.An iPhone batteryThe 2020 agreement by Apple to settle one of its so-called Batterygat.....»»
Study reveals a higher market valuation of cash holdings of firms adopting electronic voting
Firms worldwide are increasingly adopting electronic voting, enabling shareholders to cast their votes online instead of attending shareholder meetings in person. Shareholders can enjoy superior accessibility to the meetings with electronic voting co.....»»
RIVIAN: Q4 sales rise 73%, but miss market expectations
The EV startup's 13,972 deliveries in the October-December period were sharply higher than the same period last year but lower than in the third quarter, raising concerns over demand in the new year......»»
VW sees promising test results for potential breakthrough EV battery
Volkswagen AG said its battery startup has seen promising results with solid-state cells for electric vehicles, a win for the German carmaker as it pushes to make EVs more efficient and less expensive......»»
Rivian Q4 sales rise 73 percent, but miss market expectations
The EV startup's 13,972 deliveries in the October-December period were sharply higher than the same period last year but lower than in the third quarter, raising concerns over demand in the new year......»»
Since Elon Musk’s Twitter purchase, firm reportedly lost 72% of its value
Fidelity cuts value of X stake, implying 72% drop since Musk paid $44 billion. Enlarge (credit: Getty Images | DNY59) Fidelity's latest valuation of its stake in X implies that Elon Musk's social network is worth about 7.....»»
Big Pharma to raise US list prices of 500 drugs in January: Report
The hikes come as drug makers face new federal rules to try to drag down prices. Enlarge (credit: Getty | Bill Diodato) January is usually a big month for hiking the list prices of drugs in the US—and it looks like 202.....»»
X valuation now only 28% of price paid, following Musk telling advertisers to f*ck themselves
Fidelity, a major private shareholder in the company formerly known as Twitter, has issued a new X valuation – stating that the company is now worth only 28% of the original $44B purchase price. It further marked down the value of its shares fro.....»»