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.....»»
Transcend raises $40 million to address data privacy issues
Transcend raised $40 million in Series B funding led by new investor StepStone Group, with participation from HighlandX and existing investors Accel, Index Ventures, 01 Advisors (01A), Script Capital, and South Park Commons. This brings the total rai.....»»
Webasto workers in Michigan ratify first UAW contract with raises up to 51%
Workers at a Detroit-area Webasto factory that makes convertible soft tops for the Detroit 3 ratified their first contract since joining the UAW last year......»»
SOCRadar raises $25.2 million to accelerate investments in key areas
SOCRadar announced the successful completion of its Series B funding round, raising $25.2 million. The round was led by PeakSpan Capital, with participation from Oxx, reflecting investor confidence in SOCRadar’s innovative approach to cybersecu.....»»
Earth 2.0 or its evil twin? Discovery of Earth-sized planet could shed light on conditions necessary for life
The discovery of a planet similar to Venus around a star in the neighborhood of the solar system raises hopes that astronomers may someday unlock the secret to why life appeared on Earth......»»
T-Mobile imposes $5 monthly price hike on customers using older plans
T-Mobile raises rates $2 or $5 per line on "some of our oldest rate plans." Enlarge / A T-Mobile logo at a store in New York on April 30, 2018. (credit: Getty Images | Bloomberg) T-Mobile today is notifying customers on.....»»
TikTok law threatening a ban if the app isn"t sold raises First Amendment concerns
TikTok, the short-video company with Chinese roots, did the most American thing possible on May 7, 2024: It sued the U.S. government, in the person of Attorney General Merrick Garland, in federal court. The suit claims the federal law that took effec.....»»
23-year-old man accused of running $100 million online narcotics marketplace
The dark web's Incognito Market allowed people to buy and sell narcotics worldwide. Enlarge (credit: ullstein bild / Getty Images News) Federal authorities have arrested a 23-year-old Taiwanese national and charged him w.....»»
Setapp"s third-party EU app store to launch on May 14
Mac and iOS app subscription service Setapp has confirmed the launch date for its alternative app marketplace in the European Union.Setapp is an app subscription serviceAfter first announcing in August 2023 that it would launch an alternative App Sto.....»»
CarGurus reports net income jump, more digital wholesale losses
The vehicle listings company said its marketplace revenue grew by double digits and work to overhaul its wholesale business is continuing......»»
Iceland"s "Mammoth" raises potential for carbon capture
With Mammoth's 72 industrial fans, Swiss start-up Climeworks intends to suck 36,000 tonnes of CO2 from the air annually to bury underground, vying to prove the technology has a place in the fight against global warming......»»
ACV reports Q1 net loss of $20M; revenue up 22%
ACV also said the number of used vehicles transacted by dealers and commercial auto companies on its wholesale marketplace platform grew 15 percent year over year......»»
GM logistics supplier Proficient Auto raises $215 million in IPO
The company, which transports finished vehicles from manufacturers and shipping ports to auto dealerships, provides services to GM, Stellantis, Toyota and other automakers......»»
Used-vehicle wholesale prices down in April, Cox Automotive says
Customers appear to be holding out for more affordable used-vehicle prices and hoping for lower interest rates, Cox Automotive says......»»
U.S. agency raises safety concerns on Ford crossover fuel leak recall
The National Highway Traffic Safety Administration (NHTSA) said last month it was investigating the adequacy and safety consequences of Ford's proposed recall remedy for 2022-2023 model year Bronco Sport and 2022 Ford Escape SUVs with 1.5L engines......»»
Stella Automotive AI raises VC from Reynolds and Reynolds, dealerships
Stella, which makes automotive artificial intelligence technology for dealerships, secured $19.7 million......»»
A new standard is raising the bar for HDR on PC
An updated DisplayHDR specification significantly raises the minimum requirements for displays looking to earn the badge......»»
Little-known self-driving startup raises $1 billion from Nvidia, Microsoft, SoftBank
Wayve is a UK startup with an AI-focused approach to solving autonomy for cars. It's akin to a vehicular version of ChatGPT......»»
Openlane Q1 earnings: Net income rises 46%; revenue down 1%
Openlane said wholesale used-vehicle sales facilitated through its online marketplace rose 13 percent in the first quarter......»»
Swimlane Marketplace simplifies automation for security teams
Swimlane announced the Swimlane Marketplace, a full-stack modular marketplace for security automation. The Swimlane Marketplace goes beyond the typical marketplace by facilitating seamless integration and simplifying automation, empowering organizati.....»»
Island raises $175 million at $3 billion valuation
Island announced its $175 million Series D financing. The new funding round brings Island’s valuation to $3 billion, doubling the last valuation from less than a year ago. The round was led by new investor Coatue and existing investor Sequoia Capit.....»»