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.....»»
CarGurus to pay $75M for rest of CarOffer as Q3 net income improves slightly, revenue plunges
The vehicle listings company bought a 51 percent stake in CarOffer, a wholesale digital marketplace platform, in 2021. News of the transaction comes as CarOffer's Q3 revenue dropped nearly 50 percent from a year ago......»»
Rivian loses $1.37 billion in the third quarter, raises full-year 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......»»
Rivian raises loses $1.37 billion in the third quarter, raises full-year 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......»»
AV startup May Mobility raises another $105M in Series D round
The latest round brings the 6-year-old company's total funding to approximately $300 million to date......»»
DirecTV Stream raises pricing across all its tiers
DirecTV Stream already was one of the more expensive live streaming services — and it just got even more pricey......»»
GM raises salaried workers" pay, benefits in wake of UAW tentative agreement
Salaried employees' base pay will increase an average of 3.5 percent in March 2024, according to an employee memo. GM also will raise its company match into employees' 401(k) accounts and enhance some medical and vision benefits......»»
Column: Winners, losers in the UAW"s deal with Ford
UAW President Shawn Fain delivered contracts that give workers unprecedented raises and save or reopen plants, at a cost of billions of dollars to suppliers and the Detroit 3......»»
Apple raises prices of Apple TV+ and other services
The Apple One bundle is getting pricier, too. Enlarge / Apple TV's adaptation of Isaac Asimov's Foundation. (credit: YouTube/Apple TV+) Apple announced monthly price hikes for several online services on Wednesday, includ.....»»
UAW calls off strike against Ford after tentative contract reached with 25% raises
If ratified, the deal would provide roughly 57,000 hourly workers with 25 percent raises over four years and bring an end to a 6-week-old strike......»»
Ford, UAW close in on tentative deal with 25% raises, sources say
Ford and the UAW could announce a tentative agreement as early as Wednesday evening. If ratified, the deal would provide roughly 57,000 hourly workers with 25 percent raises over four years and bring an end to a 6-week-old strike......»»
Sources: UAW now wants at least 25% raises
The new figure, relayed to some bargaining teams in recent days, is 2 percentage points above the raises proposed by Ford, General Motors and Stellantis, which would put top earners at more than $40 per hour by 2027......»»
GM, Stellantis offer 23% raises in new proposals to UAW
The automaker said its comprehensive offer 'made substantial movement in all key areas in an effort to reach a final agreement with the UAW and get our people back to work.'.....»»
Autoliv raises sales guidance after solid third-quarter profit
Autoliv CEO Mikael Bratt said the company would increase its 2023 sales guidance to about 17 percent organic growth from 15 percent, citing development of light vehicle production, to which it is highly exposed......»»
GM offers 23% raises in new proposal to UAW
The automaker said its comprehensive offer 'made substantial movement in all key areas in an effort to reach a final agreement with the UAW and get our people back to work.'.....»»
Netflix raises prices up to 17% amid new contracts, licensing costs
2023 subscription costs will pay for 2024's increased content and talent costs. Enlarge / The Netflix logo at the entrance to Netflix Albuquerque Studios film and television production studio lot. Having earned a 22 per.....»»
Psychologist examines genesis of online groups of sexually embittered men
What happens when lonely men, embittered by a sense of failure in the sexual marketplace, find each other and form communities on the internet? The result can be deadly......»»
Prove Identity raises $40 million to boost its digital identity solutions
Prove Identity has announced a $40 million funding round led by MassMutual Ventures and Capital One Ventures. The funds will be used to launch new commerce enablement and fraud-fighting use cases, continue Prove’s global expansion, and address the.....»»
Customers warn they’ll leave Netflix in droves if it raises prices again
In life, so they tell us, there are only two certainties: Death and taxes. But to that list, I’ll add one more inevitability — Netflix’s … The post Customers warn they’ll leave Netflix in droves if it raises prices again.....»»
Space Rock Games raises $1.2M to develop Criminals Within
Space Rock Games has raised $1.2 million for a video game studio working on a game called Criminals Within. Space Rock Games has raised $1.2 million for a video game studio working on a game called Criminals Within.Read More.....»»
Deta raises $3.6M seed round to develop cloud-based operating system
Deta, an upstart Berlin-based technology company, is aiming to revolutionize personal computing with the launch of Deta Space — a platform its founder describes as the world's first personal cloud computer. Deta, an upstart Berlin-based techn.....»»