Threads in decline? Don’t count out Instagram’s new Twitter rival yet

[ad_1] A Wall Street Journal article on Friday warns that Instagram’s new Twitter competitor Threads is already losing steam. Citing third-party data from Sensor Tower, the paper reports the number…

Read More »

Congress probes Ford’s big battery deal with China’s CATL

[ad_1] In a public letter addressed to Ford boss Jim Farley, House Republicans Mike Gallagher and Jason Smith announced that two congressional committees are investigating the automaker’s licensing deal with…

Read More »

European insurtech is showing strength that venture data doesn’t fully detail

[ad_1] If you only tracked American insurance technology companies that went public recently, you might think insurtech is in its flop era. Thankfully, that isn’t true. The Exchange explores startups,…

Read More »

Telegram rolls out its Stories feature to Premium users

[ad_1] Telegram is rolling out its Stories feature to Premium users, the company confirmed in a tweet on Friday. The official roll out for Premium users comes a month after…

Read More »

Peak XV, Tiger Global, others urge PM Modi to review India’s online gaming tax

[ad_1] Tiger Global, DST Global, Peak XV, Steadview Capital, and Kotak Private Equity are among global and Indian investors who have asked Prime Minister Narendra Modi to reconsider India’s recently…

Read More »

Autonomous vehicle company Aurora sells $820M worth of stock

[ad_1] Aurora Innovation, the self-driving technology company that aims to launch an autonomous trucking business in 2024, has completed a capital raise of $820 million from a public and concurrent…

Read More »

It’s been a bumpy 6 months for edtech — are smoother roads ahead?

[ad_1] It has been a bumpy six months for the global startup ecosystem. It has been equal parts exciting and alarming to see the advancement of generative AI conversations with…

Read More »

Amazon’s palm-scanning payment technology is coming to all 500+ Whole Foods

[ad_1] Amazon’s palm-scanning payment technology known as Amazon One is prepared to make a significant expansion across the U.S. The retailer announced this morning the payment tech will come to…

Read More »

China’s OpenAI challenger Zhipu AI gets Meituan funding

[ad_1] Zhipu AI, one of China’s most promising challengers to OpenAI, has received funding from the country’s food delivery giant Meituan, which has a market cap of around $100 billion…

Read More »

Tesla blames solar slump on interest rates as energy storage biz booms

[ad_1] Tesla’s solar installations are still slipping, the company told investors on Wednesday. The automaker reported 66 megawatts’ worth of solar deployments during its second quarter of 2023, representing a…

Read More »