Bolt founder Ryan Breslow has proposed a settlement with investor Activant Capital this week, which could put an end to a lawsuit brought by Activant. The investor accused […]
The top AI announcements from Google I/O
Google’s going all-in on AI — and it wants you to know it. During the company’s keynote at its I/O developer conference on Tuesday, Google mentioned “AI” more […]
Shipping logistics startup Harbor Lab raises $16M Series A led by Atomico
Cargo ships docking at a commercial port incur costs called “disbursements” and “port call expenses.” This might be port dues, towage, and pilotage fees. It’s a complex patchwork […]
The buzziest EV IPO of the year is a Chinese automaker
Electric vehicle demand might be softening, but investors appear to be excited about the U.S. debut of a Chinese luxury EV brand. Geely-owned Zeekr hit the New York […]
Jumia is back, growing total sales and orders in Q1 2024
Jumia’s revenue and gross merchandise volume showed growth despite a decrease in quarterly active customers, according to its Q1 2024 report. Revenue increased by 19% year-over-year (57% in […]
Startup neobank Mercury is taking on Brex and Ramp with new bill pay, spend management software
Digital banking startup Mercury is layering software onto its bank accounts, giving its business customers the ability to pay bills, invoice customers and reimburse employees, the company has […]
Accel leads $4M investment in Egyptian corporate cards platform Swypex
Cards are gaining ground in Egypt, with over 30 million in circulation (prepaid cards, particularly, are seeing more use than debit and credit cards combined). This surge in […]
Fisker stiffed the engineering firm developing its low-cost EV and pickup truck, lawsuit claims
Henrik Fisker stood on a stage last August and proudly debuted two prototypes designed to catapult his eponymous EV startup Fisker into the mainstream. There was the Pear, […]
Check out this $44.97 AI tax app for freelancers
FlyFin is an AI-powered tax app for freelancers and small business owners. Let this tool track expenses, find deductions, calculate payments, and more.
Getir pulls out of US, UK, Europe to focus on Turkey; 6,000+ jobs impacted
True to its business concept, Turkey’s “instant delivery” juggernaut Getir rose quickly. Now, with the quick commerce industry in free fall, it is nosediving just as fast. On […]