Matt McKinney was a data science manager at Uber, helping launch Uber Freight, along with software engineer Shaosu Liu. One of the main problems the pair saw there was that while they were able to grow the top line, they found it difficult to grow the bottom line because they were “losing a bunch of… Continue reading Loop lassos ex-Uber talent and money to finally fix freight invoicing
Category: Tech News
Category Added in a WPeMatico Campaign
Lyft to lay off 13 percent of its workforce as economic outlook darkens
Illustration by Alex Castro / The Verge Lyft is laying off 13 percent of its workforce in the second round of major cuts to hit the ride-hailing company this year. The layoffs, which were first reported by The Wall Street Journal, are expected to affect hundreds of roles. Lyft has more than 4,000 employees, which… Continue reading Lyft to lay off 13 percent of its workforce as economic outlook darkens
Tuca & Bertie has been canceled by Adult Swim
/ After two seasons, Adult Swim has canceled Lisa Hanawalt’s Tuca & Bertie, a show it resurrected after Netflix initially canceled it back in 2019 Tuca and Bertie driving in a car.Image: Adult Swim Adult Swim swooped in to bring Lisa Hanawalt’s Tuca & Bertie back from the dead following Netflix’s move to cancel the… Continue reading Tuca & Bertie has been canceled by Adult Swim
StanChart leads Series A funding in Partior; Beosin snags $20m; and other SE Asia dealsExisting investors and founders DBS, JP Morgan, and Temasek als…
Partior, a Temasek-backed blockchain innovator based in Singapore, has announced raising an undisclosed amount in its Series A funding round anchored by UK-headquartered bank Standard Chartered. The round was also participated by existing investors and founders DBS, JP Morgan, and Temasek. The three investors founded Partior last year as an independent company that grew from… Continue reading StanChart leads Series A funding in Partior; Beosin snags $20m; and other SE Asia dealsExisting investors and founders DBS, JP Morgan, and Temasek als…
India Digest: SolarSquare raises $12m, Hitwicket snags $3m
Solar company SolarSquare has raised $12 million in a Series A funding round, while cricket gaming startup Hitwicket has secured fresh funding of $3 million. Elevation Capital, Lowercarbon invest in SolarSquare Residential solar company SolarSquare said it has raised $12 million (Rs 100 crore) in a Series A funding round led by Elevation Capital and… Continue reading India Digest: SolarSquare raises $12m, Hitwicket snags $3m
Snapchat’s latest AR shopping experience lets you try and buy eyewear from Amazon
/ The partnership with Amazon Fashion will allow Snapchat customers to try on and buy branded glasses via AR lenses. The new Amazon fashion shopping lenses allow Snapchat users to try on eyewear and then buy products via an on-screen link.Image: Snap Snap and Amazon Fashion are partnering up to provide Snapchat users with the… Continue reading Snapchat’s latest AR shopping experience lets you try and buy eyewear from Amazon
Mercedes-Benz won’t follow Tesla into the robotaxi game
/ According to chief technology officer Markus Schäfer, the German automaker is happy to build human-driven taxis and a Level 3 automated system where drivers can basically stop paying attention while on the highway Mercedes-Benz Mercedes-Benz CTO Markus Schäfer is energized by his visit to Silicon Valley. The executive is at the automaker’s Sunnyvale, California,… Continue reading Mercedes-Benz won’t follow Tesla into the robotaxi game
Global PE majors betting big on Japan, ChinaThe infrastructure space in China offers a lot of opportunities, PE investors say.
Global private equity giants and asset managers are betting big on opportunities in Japan and China, despite stagnant growth and mounting geopolitical uncertainty in the respective regions. “Everything’s on sale in Japan for people who have dollars,” said William Conway Jr, co-founder, interim CEO, and co-chairman of Carlyle at a panel discussion on the second… Continue reading Global PE majors betting big on Japan, ChinaThe infrastructure space in China offers a lot of opportunities, PE investors say.
Europe leans on Asia for ‘homegrown’ EV batteries
Europe’s drive to build a homegrown electric vehicle battery industry is hitting roadblocks as investors shy away from giving startups sufficient funding to challenge the Asian companies that dominate the market. With the notable exception of Sweden’s Northvolt, some startups hoping to build so-called gigafactories to compete with the Asian behemoths are going for smaller… Continue reading Europe leans on Asia for ‘homegrown’ EV batteries
Malaysia’s Maybank appoints Michael Oh-Lau as investment banking chief
Malaysia’s biggest lender, Malayan Banking Bhd (Maybank), has appointed Michael Oh-Lau Chong Jin as chief executive of its investment banking arm, effective Dec. 1 Oh-Lau will succeed Ami Moris, who is retiring after four years in the role, the bank said on Thursday. A former head of the bank’s debt markets team, Oh-Lau will oversee… Continue reading Malaysia’s Maybank appoints Michael Oh-Lau as investment banking chief