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.....»»
Digital marketplace: The role of probabilistic selling strategies in the travel industry
In today's digital age, the travel industry is undergoing a significant transformation, with online platforms becoming central hubs for a variety of travel services. These platforms allow travelers to search, compare, and make purchases, moving beyon.....»»
ArmorCode raises $40 million to help companies ship secure software
ArmorCode announced it closed a pre-emptive $40 million Series B round to advance its mission of helping companies ship secure software fast and at scale. Premier venture firm HighlandX led the round, joined by NGP Capital, along with participation f.....»»
Used EV models hurt by depreciation, data shows
Manheim auction statistics shared at the Auto Finance Summit show electric vehicles have more than doubled their presence on the wholesale market in the past two years. Unfortunately, used EVs are also collapsing in value, according to data......»»
Steam drops macOS Mojave support, effectively ending life for many 32-bit games
After February 15, all bets are off for Steam on High Sierra and Mojave Macs. Enlarge / macOS Mojave's wallpaper. (credit: Apple) Valve Software's Steam gaming marketplace and app will drop support for macOS 10.13 (High.....»»
EVs have 79% more reliability problems than gas cars, says Consumer Reports
Teething problems abound with new electric powertrains. Enlarge (credit: Getty Images) Widely accepted wisdom has it that electric vehicles are easier to maintain than those with internal combustion powertrains. It seems.....»»
Study shows tropical cyclones substantially raise the social cost of carbon
Extreme events like tropical cyclones have immediate impacts, but also long-term implications for societies. A new study published in the journal Nature Communications shows that accounting for the long-term impacts of these storms raises the global.....»»
More is not always better, even when it comes to digital platforms
As with the business of logistics, where having multiple routes to deliver goods to the same destination raises reliability, network-dependent consumerism depends on multiple networks having a host computer with multiple connections operating in sync.....»»
Lasso Security emerges from stealth and raises $6 million
Lasso Security announced a $6 million seed round led by Entrée Capital with the participation of Samsung Next. Every few years there’s a major technological revolution. In the 90s, it was the internet; in the 2010s, it was the cloud and most r.....»»
When raises backfire: Research examines pitfalls of performance-based pay
When it comes to retaining and motivating employees, raises may seem like a sure bet......»»
CarGurus touts long-range benefits of full CarOffer ownership
CarGurus' move to take full ownership of wholesale digital marketplace platform CarOffer comes as the sector remains in decline. The company will have to convince investors that its long-range plans for it are on the mark......»»
EU recycling drive raises stink around camembert packaging
Could the distinctive thin wood packaging around France's famed camembert cheese be under threat from the EU's recycling drive?.....»»
Radiant Security raises $15 million to expand engineering and go-to-market capacity
Radiant Security announced the successful closure of a $15 million Series A funding round. This strategic financing, led by Next47, reaffirms the soaring demand for AI-based solutions that address the longstanding challenges faced by Security Operati.....»»
Rain in northern France raises fears of new flooding
A new spell of rain in northern France on Monday forced school closures and brought fears of fresh misery after devastating floods hit the department of Pas-de-Calais last week......»»
Stellantis offers buyouts to 6,400 salaried employees
Workers with at least five years of seniority are eligible for the buyouts, which come as UAW members vote on a tentative labor agreement that provides double-digit raises and calls for $19 billion in manufacturing investments......»»
Hyundai raises workers" pay 14% next year, 25% by 2028, following Toyota and Honda
Hyundai is increasing wages for its manufacturing workers, a move that follows pay hikes at nonunion manufacturers Toyota and Honda as well as the six-week UAW strike against the Detroit 3......»»
Apple"s ad-free presence on Amazon raises questions about digital advertising practices
Apple's Amazon product pages have a minimalistic, ad-free design due to a 2018 agreement, drawing mixed reactions from industry competitors and highlighting the complexities of digital ad negotiations.[Investopedia]In a recent lawsuit against Amazon,.....»»
Tidal Cyber raises $5 million to accelerate the growth of its platform
Tidal Cyber raised $5 million, led by Squadra Ventures with participation from existing investors, in seed funding to accelerate the growth of its platform that enables security operations teams to proactively focus on critical threats, and take acti.....»»
Wholesale used-car prices dip in October
Cox Automotive said Tuesday its Manheim index — a measurement of wholesale used-car prices — fell 2.3 percent in October from September. Cox adjusts that figure for mix, mileage and seasonality......»»
Protecto raises $4 million to empower enterprises with trusted AI
Protecto announced the close of a $4 million seed funding round. Together Fund led the round with participation from Better Capital, FortyTwo VC, Arali Ventures and Speciale Invest. The latest round brings the total raised to $5 million after Protect.....»»
Rivian loses $1.37 billion in Q3, raises production forecast
Rivian Automotive reported a $1.37 billion net loss for the third quarter while raising its production forecast for the full year by 2,000 vehicles to 54,000 units......»»