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.....»»
Samsung may have a price shocker for the Galaxy S24 series
Will Samsung raise prices for the Galaxy 24 series? What about lowering prices on some models? A new report suggests some good and not so good news......»»
Rising fintech trends for 2024: From A2A payments to GenAI in banking
The fintech market is undergoing a rapid shift, with the rise of new technologies, such as Open Finance, generative AI and A2A (Account-to-Account) payments having a major impact on business models, according to Juniper Research. This is combined wit.....»»
Apple Card, Apple Pay, and Wallet were hit by outages on Wednesday
For a few hours on Wednesday Apple's online financial services such as Apple Pay were down for some users, with reported issues including transaction notifications and in-App payments.Apple Pay is seeing some notification problemsApple Pay has had in.....»»
Apple Card, Apple Pay, and Wallet hit by outages
Apple is reporting that its online financial services such as Apple Pay are down for some users, meaning there are issues with transaction notifications and in-App payments.Apple Pay is seeing some notification problemsApple Pay has had intermittent.....»»
SimSpace raises $45 million to fuel continued growth
SimSpace has closed a $45 million equity raise led by L2 Point Management, a private investment firm specializing in flexible capital solutions for growth companies. This investment brings the total capital raised by SimSpace over the past year to $7.....»»
How government payments to the vulnerable can multiply to create economic growth for everyone
The economic fallout of COVID-19 left people around the world facing a significant threat to their livelihood. As governments scrambled to mitigate the pandemic's impact on their populations, many decided to use direct payments to support vulnerable.....»»
Tesla to raise pay about 10% for hourly workers in January, report says
The EV maker will bump the pay for hourly workers from $20 to $22 an hour on the low end, and up to $34.50 an hour from $30.65 on the high end, CNBC reported......»»
This “smoking gun” killed the McDonald’s ice cream hackers’ startup
Three-year-old email shows evidence of plot to undermine repair business. Enlarge (credit: lovelypeace via Getty) A little over three years have passed since McDonald's sent out an email to thousands of its restaurant ow.....»»
Beleaguered robotaxi startup Cruise lays off quarter of workforce
Beleaguered robotaxi startup Cruise has laid off 900 workers as it seeks to slash costs ahead of a return to on-street operations......»»
Two automotive technology-focused venture capital firms raising money for new funds
A venture capital investment downturn in recent months has brought startup valuations back to earth, adding value for investors who commit......»»
How to clear and reset Firefox"s profile folder on macOS
Mozilla's macOS Firefox browser stores cached files on your Startup Disk and can take up space. This is how to reset Firefox to get back some of that consumed storage.When you run the Mozilla Foundation's Firefox web browser on your Mac, it creates a.....»»
One battery startup"s unusual plan: Turn old junk into new fuel
Canadian startup AlumaPower has put a new spin on an old technology and believes it can displace fossil-fuel use with aluminum air batteries......»»
Major ramp-up in Apple’s plans to shift production from China, as Foxconn quadruples investment in Indian plant
We’re today learning of a major acceleration in plans to shift more production of Apple devices from China to India. In less than one year, Foxconn has increased its planned investment in an Indian plant by almost 400%. It follows a recent repor.....»»
Battery startup Our Next Energy replaces founder with new CEO amid cash crunch
Democratic politicians such as former House Speaker Nancy Pelosi have touted ONE as a poster child of President Biden’s agenda to wean the U.S. off China by supporting American manufacturing and green jobs......»»
Stellantis plans battery-swapping partnership with U.S. startup Ample
Ample says its proprietary modular batteries can be exchanged in five minutes, offering flexibility for EV drivers. The partnership with Stellantis will start with Fiat New 500 EVs......»»
Stellantis is bringing battery swapping to the Fiat 500e
Stellantis will use EV batter-swapping tech from startup Ample, starting with a fleet of 100 Fiat EVs in Spain......»»
Apple regains its $3 trillion valuation despite analysts doubts
Apple is the most valuable publicly traded company in the US, and its valuation has again exceeded $3 trillion, even as financial analysts have been concerned about sales for the iPhone 15 range.In January 2022, Apple became the first company to reac.....»»
Decoupled direct payments make agriculture more productive, finds study
Better alignment with the market is one of the goals pursued by the EU's Common Agricultural Policy (CAP) in recent decades. One of the measures used to achieve this was to decouple direct payments from production. Agricultural economists at the Tech.....»»
GM, Ford confident they"ll offset costly UAW contracts
Ford pegged the cost of its four-and-a-half-year deal with the UAW at $8.8 billion — double its expectation — while GM said its two new North American labor contracts would raise expenses by $9.3 billion......»»
Raising a child to 18 in the UK costs more than £200,000—here"s why
Before having our first baby last year, we wondered whether we had the money, time and necessary skills to raise a child. Perhaps you find yourself contemplating the same? Many people certainly have, as birth rates have been declining across the worl.....»»