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Amazon is opening Fresh supermarkets after yearlong stall — but many locations remain vacant

Amazon is opening Fresh supermarkets after yearlong stall — but many locations remain vacant

Workers stock shelves at an Amazon Fresh grocery store in Seattle, Washington, US, on Thursday, May 2, 2024.  David Ryder | Bloomberg | Getty Images On a humid afternoon in August, a few hundred shoppers lined up outside an Amazon Fresh supermarket in a Philadelphia suburb, eagerly awaiting the store’s grand opening. A person in […]

Amazon is opening Fresh supermarkets after yearlong stall — but many locations remain vacant Read More »

Coinbase-backed lobby urges ABC to ask about crypto in Trump-Harris debate

Coinbase-backed lobby urges ABC to ask about crypto in Trump-Harris debate

Stand With Crypto’s bus tour through five battleground states kicked off last week in Phoenix and Las Vegas. Logan Dobson/Stand With Crypto Alliance A big purple bus adorned with “AMERICA ❤️ CRYPTO” started making its way across five swing states last week, on a mission to get out the vote ahead of the presidential election.

Coinbase-backed lobby urges ABC to ask about crypto in Trump-Harris debate Read More »

AI-powered search startup Glean doubles valuation in new funding round led by Altimeter

AI-powered search startup Glean doubles valuation in new funding round led by Altimeter

 Arvind Jain, CEO Glean, on SaaS Monster stage during day one of Web Summit 2022 at the Altice Arena in Lisbon, Portugal. Harry Murphy | Sportsfile | Getty Images AI-powered search startup Glean said Tuesday it has raised $260 million in a funding round that values the tech company at $4.6 billion — more than

AI-powered search startup Glean doubles valuation in new funding round led by Altimeter Read More »

In Huawei’s battle against Apple, chips are still a weakness, says analyst

In Huawei’s battle against Apple, chips are still a weakness, says analyst

Illustration of a user browsing booking information for Huawei’s new foldable mobile phone in Suqian, Jiangsu province, China, Sept 8, 2024.  Cfoto | Future Publishing | Getty Images As Huawei tries to upstage Apple‘s new iPhone with the launch of its own ‘trifold phone’ on Tuesday, its chip capabilities remain a weakness, despite recent breakthroughs,

In Huawei’s battle against Apple, chips are still a weakness, says analyst Read More »

Bitcoin rebounds from its worst week in more than a year, jumping above ,000

Bitcoin rebounds from its worst week in more than a year, jumping above $57,000

Bitcoin jumped Monday evening and topped $57,000 after Wall Street’s rebound from its worst week of the year. The price of the flagship cryptocurrency was last higher by 5.6% at $57,4449.00, according to Coin Metrics. Last week, bitcoin tumbled 9% for its worst weekly performance since August 2023.  Stock Chart IconStock chart icon Bitcoin performance

Bitcoin rebounds from its worst week in more than a year, jumping above $57,000 Read More »

Oracle reports better-than-expected quarterly results; shares rise

Oracle reports better-than-expected quarterly results; shares rise

Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Oracle shares rose 8% in extended trading on Monday after the database software vendor reported fiscal first-quarter results that topped Wall Street estimates. Here’s how

Oracle reports better-than-expected quarterly results; shares rise Read More »

Battery giant Northvolt to lay off staff in huge cost-cutting drive amid EV market slowdown

Battery giant Northvolt to lay off staff in huge cost-cutting drive amid EV market slowdown

A Northvolt building in Sweden, photographed in February 2022. Mikael Sjoberg | Bloomberg | Getty Images Northvolt, a key battery producer for Europe’s electric vehicle industry, announced Monday that it plans to cut jobs, shut down one of its sites, and enter into discussions with partners and investors to secure the future of a facility

Battery giant Northvolt to lay off staff in huge cost-cutting drive amid EV market slowdown Read More »

A Porsche-backed startup is building a massive battery recycling plant to boost Europe’s EV industry

A Porsche-backed startup is building a massive battery recycling plant to boost Europe’s EV industry

Cylib, a startup backed by Porsche and Bosch, is building a huge electric vehicle battery recycling facility in Dormagen, a town in Germany’s North Rhine-Westphalia region. Cylib A massive battery recycling plant is being built in Germany by Cylib, a startup looking to reduce waste from EV batteries that have reached the end of their

A Porsche-backed startup is building a massive battery recycling plant to boost Europe’s EV industry Read More »

Skype founder’s VC firm raises .24 billion to back European tech startups

Skype founder’s VC firm raises $1.24 billion to back European tech startups

Niklas Zennstrom, CEO of Atomico and co-founder of Skype. Simon Dawson | Bloomberg | Getty Images LONDON — Atomico, an early investor in top European technology firms from Stripe to Klarna, announced Monday the launch of two new funds worth $1.24 billion to back emerging and growth-stage startups in the sector. The launch of Atomico’s

Skype founder’s VC firm raises $1.24 billion to back European tech startups Read More »

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