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Amazon is quietly beginning to offer its transportation and logistics network as a service to third-party merchants, businesses and direct-to-consumer brands in India, tapping its large delivery chain to drive …
Amazon quietly opens its logistics network to third-party merchants in India Read More
Stockholm-based startup Atlar raised a $5 million (€5 million) seed round led by Index Ventures. The company has been working on an application programming interface (API) that facilitates bank-to-bank payments …
Former Tink employees launch Atlar, a payment automation startup Read More
Two months after the U.S. choke off China’s access to two of Nvidia’s high-end microchips, the American semiconductor design giant unveiled a substitute with a reduced processing speed for its …
Nvidia touts a slower chip for China to avoid US ban Read More
As if Elon Musk didn’t have enough on his plate, the world’s richest man is headed to court next week to defend his $56 billion Tesla pay package. Richard Tornetta, …
Musk’s $56 billion Tesla pay deal goes to trial amid Twitter overhaul Read More
Last week at Web Summit, we were asked to interview outgoing Y Combinator President Geoff Ralston about the past, present, and future of the popular accelerator program. We covered a …
Outgoing YC President Geoff Ralston: The market is changing; YC’s terms are not Read More
Ride-hailing company Lyft lost $135.7 million in the third quarter due to the shutdown of autonomous vehicle company Argo AI, in which Lyft had a small stake. Late last month, …
Lyft takes $135.7 million hit on Argo AI shutdown Read More
Taiwanese manufacturer Foxconn is increasing its investment in EV startup Lordstown Motors by buying $170 million in common stock and newly created preferred shares. Once the deal is complete, Foxconn …
Foxconn invests another $170M into EV SPAC Lordstown Motors Read More