Chinese ride-hailing giant Didi’s shareholders have voted to delist the company from the NYSE. The decision is a long-expected result of the company finding itself in hot water with the Chinese government after a rushed and later troubled public-market debut in the United States. Didi went public in the middle of 2021 in an offering… Continue reading Didi’s delisting now done deal
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The Station: All the news out of TC Sessions: Mobility, #PoorElon and a sobering NHTSA report
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hi frens, welcome back to The Station, your weekly guide to everything going on in the world of transportation. First up, TechCrunch finally got back onstage and in-person… Continue reading The Station: All the news out of TC Sessions: Mobility, #PoorElon and a sobering NHTSA report
Y Combinator-backed fintech Pebble uses stablecoins to offer 5% yield on cash
As equities continue to trade down from recent peaks, investors are searching for higher returns. Some have turned to the crypto-based decentralized finance (DeFi) realm, where yields from lending and staking cryptocurrency can range from 1% to as high as 15% for riskier projects. Others are looking at high-yield savings accounts like the one from… Continue reading Y Combinator-backed fintech Pebble uses stablecoins to offer 5% yield on cash
Ex-Uber executive reveals how driver earnings were slashed in Kenya
New details have emerged showing that Uber was planning to further reduce commuter charges in Kenya, months after the 35% cut of 2016, which is the subject-matter of a civil suit filed by drivers against Uber BV and its local subsidiary. Alissa Orlando, a former Uber executive in Kenya, said that she left the ride-hailing… Continue reading Ex-Uber executive reveals how driver earnings were slashed in Kenya
The 6 best rewards credit cards of 2022
Do you have excellent/good credit? With the exception to the Discover it Secured Card that doesn’t require a FICO score, the recommended credit score for our top picks ranges from 670 – 850. If you’re in that range, the following information is suited for you. When it comes to credit cards, rewards cards are arguably… Continue reading The 6 best rewards credit cards of 2022
The 5 best push mowers of 2022
Push mowers are ideal for smaller yards since they have more narrow cutting decks and are more stripped-back than their ride-on tractor cousins. Along with traditional gas-powered models, you can find a wide variety of electric and manual reel mowers if you’re in the market for a more eco-friendly way to care for your lawn. … Continue reading The 5 best push mowers of 2022
Argo AI is testing fully driverless vehicles in Miami and Austin
The latest self-driving startup to allow its vehicles to roam the streets without a human minder is Argo AI, the startup backed by Ford and Volkswagen. Last week, the company announced that it is testing its fully driverless vehicles in Miami, Florida, and Austin, Texas. Argo employees will ride in the passenger seat of the… Continue reading Argo AI is testing fully driverless vehicles in Miami and Austin
Ather to expand its network in Kerala
Ather Energy plans to further expand its footprint by opening 8 new experience centres in Tier II and III cities across Kerala including Kollam, Trichur, Palakkad, Kannur, Kasaragod, Alappuzha, Kottayam and Pathanamthitta. Ather will be opening up its outlets in these cities in a staggered manner by Q2 2022. The company will have a total of thirteen retail… Continue reading Ather to expand its network in Kerala
Badve Group and EVR collaborate to develop RFPM electric motors
Tier-1 automotive component firm, Badve Engineering and Israeli startup EVR Motors have announced a strategic agreement for manufacturing of the latter’s proprietary Trapezoidal Stator – Radial Flux Permanent Magnet (RFPM) electric motors in India. Such motors, the company said, are half the weight and size of similar competing motors. It is also claimed to be equipped with superior… Continue reading Badve Group and EVR collaborate to develop RFPM electric motors
India set to continue radical reforms: Amitabh Kant
Amitabh Kant India is in the midst of a major transformation in the digital space, and a strong political leadership and the commitment to continue with radical reforms would play a key role in taking the country to a leadership role in the global economy, Niti Aayog CEO Amitabh Kant said on Monday. Addressing a… Continue reading India set to continue radical reforms: Amitabh Kant