Wholesale marketplace Abound raises $22.9M
Abound, an online marketplace that helps independent retailers stock their shelves with new products from up-and-coming brands, is announcing that it has raised $22.9 million in its first institutional round of funding. CEO Bill Shope founded the com.....»»
The top 5 stories of the week: Nissan"s wholesale push; EVs not turning profits
Here's a quick look at the top automotive stories of the week......»»
CyberSaint raises $21 million to accelerate market expansion
CyberSaint announced the company has raised $21 million in Series A funding led by Riverside Acceleration Capital (RAC). Additional participating investors include Sage Hill Investors, Audeo Capital, and BlueIO. The funding will build on customer mom.....»»
A Crypto Company Thinks It Can Help Fight Climate Change
Toucan is leveraging blockchain to reinvent the carbon credit market. But thorny questions abound......»»
BigID raises $60 million to accelerate AI data security innovation
BigID announced that it closed a $60 million growth round led by Riverwood Capital with participation by Silver Lake Waterman and Advent. With the strong momentum of generative AI, enterprises have rushed to stand up new initiatives that drive produc.....»»
Nissan offers some U.S. dealers cash to take inventory in 11th-hour wholesale push
Nissan retailers began receiving emails and calls from factory reps offering $500 to $2,000 for every vehicle they accept. But dealers are already struggling with a triple-digit days' supply......»»
SAIC-GM vehicle shipments drop in first 2 months
SAIC-General Motors, GM’s passenger-vehicle joint venture with SAIC Motor Corp., lost more market share in China in the first two months of 2024, with wholesale deliveries dropping 60 percent to 49,500. .....»»
Women favor climate actions that benefit future generations more than men, research shows
The decisions we make now inevitably shape the prospects for generations to come. So tackling a long-term problem like climate change raises an intergenerational moral dilemma: should we invest in solutions that might not personally benefit ourselves.....»»
Nozomi Networks raises $100 million to help secure critical infrastructure
Nozomi Networks announced a $100 million Series E funding round to help accelerate innovative cyber defenses and expand cost-efficient go-to-market expansion globally. This latest round includes investments from Mitsubishi Electric and Schneider Elec.....»»
Study raises concerns over rising river temperatures in Scotland
Rivers in Scotland's west and northwest could be the most sensitive to climate change and should be monitored more closely, according to a study, published in the journal, Science of The Total Environment, by scientists at The James Hutton Institute.....»»
Ghouls, gulpers, and general mayhem abound in Fallout official trailer
"Everyone wants to save the world. They just disagree on how." A Vault Dweller navigates a post-apocalyptic wasteland in Fallout, based on the bestselling gaming franchise. Amazon Prime Video has dropped the full official trailer fo.....»»
Defense Unicorns raises $35 million to enhance national security through open-source software
Defense Unicorns has raised a $35 million Series A funding round led by Sapphire Ventures and Ansa Capital. Founded by early leaders of the Department of Defense’s software factories – a grassroots Air Force initiative turned mandate to accelerat.....»»
Sweet Security raises $33 million to identify and address cloud risks
Six months after coming out of stealth, Sweet Security is announcing a $33 million Series A funding round. The round was led by Evolution Equity Partners, joined by Munich Re Ventures and Glilot Capital Partners. Capitalizing on its strong market tra.....»»
Mobivention announces its own App Marketplace ahead of iOS 17.4 release
Apple is about to release iOS 17.4, which introduces App Marketplaces – a new way to install third-party apps outside the App Store for users in the EU. And mobivention, a company focused on providing IT solutions, has just announced that it will b.....»»
Maximizing Security and Efficiency in Your Business with Linux
In the bustling digital marketplace of today, businesses are like ships navigating through a sea of data, facing storms of cyber threats and waves of technological challenges. At the heart of these vessels, ensuring a smooth and secure voyage, lies t.....»»
Suppliers, competing with UAW raises, expect higher labor costs in 2024
During quarterly earnings calls with analysts and investors in February, suppliers frequently highlighted one area in which cost increases are expected to persist this year: labor......»»
Fisker raises "substantial doubt" as a going concern after $463 million Q4 net loss; 15% work force cut planned
Fisker said it has entered negotiations with a "large automaker" for a potential investment, joint development of one or more electric vehicle platforms, and North America manufacturing. Fisker didn't name the automaker......»»
Fisker raises "substantial doubt" as a going concern after $463 million Q4 net loss; 15% workforce cut planned
Fisker said it has entered negotiations with a "large automaker" for a potential investment, joint development of one or more electric vehicle platforms, and North America manufacturing. Fisker didn't name the automaker......»»
MacPaw announces ‘Setapp Mobile’ app store coming to the EU in April
Ahead of iOS 17.4 being released in March, MacPaw has announced its plans to offer an alternative app marketplace in the EU. According to the company, it will launch a beta version of Setapp Mobile in the EU in April. The move makes MacPaw the fi.....»»
EV maker Polestar raises $950 million, anticipates improved profit margin
Polestar projects double-digit gross profit margin by year end......»»
CarGurus aims to tap CarOffer wholesale digital marketplace"s full potential
CarGurus now fully owns CarOffer, a wholesale digital marketplace, and the vehicle listings company plans to strengthen operations between platforms......»»