Car-sharing startup Turo expands to New York and France

Peer-to-peer car-sharing company Turo is expanding to New York State and France in June, the company said on Wednesday. The expansion comes at a time when post/mid-COVID tourism is beginning to heat up, but renting a car will be difficult and expensive due to ongoing semiconductor shortages and supply chain issues. Turo’s launch in New… Continue reading Car-sharing startup Turo expands to New York and France

The most surprising part of Buick’s announcement isn’t that it will become an EV brand

Buick said Wednesday it will launch its first EV in 2024 and revealed a sleek concept car that will set the direction on its journey to becoming a fully electric brand in North America by 2030. But that’s not the most surprising news. Buick, it seems, is opening the door to coupes and sedans. Even… Continue reading The most surprising part of Buick’s announcement isn’t that it will become an EV brand

JUUL Got a Million American Kids Hooked on Nicotine, Researchers Say

Image by Futurism Despite decades of legislative action and campaigns against the substance in the US, it seems that nicotine use by American teens has soared to astonishing new levels since JUUL’s fashionable, USB-drive-shaped vapes exploded in popularity over the mid-to-late 2010s. JUUL has fought back against allegations of intentionally marketing to kids for years, despite… Continue reading JUUL Got a Million American Kids Hooked on Nicotine, Researchers Say

GGV, Softbank lead $66m round of US blockchain provider InfStones …

Global venture capital firm GGV Capital and SoftBank Vision Fund 2 have led a $66 million funding round in the US-based blockchain infrastructure provider InfStones, the company said in a statement on Wednesday. The company is nearing unicorn status following the latest financing round, the statement added without specifying the current valuation. Go to Source

Indian customer engagement platform MoEngage raises $77m

MoEngage, a Bengaluru-based customer analytics and cross-channel engagement platform, has announced raising $77 million in a Series E funding round co-anchored by Goldman Sachs and venture capital firm B Capital. The funding round, which is the third fundraising for MoEngage in the last 12 months, was also participated by existing investors Steadview Capital, Multiples Alternate… Continue reading Indian customer engagement platform MoEngage raises $77m

Binance’s VC arm mops up $500m fund to invest in Web3, blockchain

Binance Labs, the venture capital arm of cryptocurrency exchange Binance, said on Wednesday it had raised $500 million for its investment fund focused on companies involved in the blockchain and Web3 spaces. The fund is supported by investment firms DST Global Partners, Breyer Capital and Whampoa Group as well as by other private equity firms… Continue reading Binance’s VC arm mops up $500m fund to invest in Web3, blockchain

Buick is rebranding as an electric-only automaker

Buick, the iconic American automaker owned by General Motors, announced a raft of major changes meant to underscore its shift to electric vehicles. The company says it will release its first EV for the North American market in 2024 and will only sell electric vehicles by the end of the decade. Its future EVs will… Continue reading Buick is rebranding as an electric-only automaker

Instagram puts Amber Alerts in your feed to help find abducted children

Amber Alerts are an important tool in helping locate abducted children. They’re authorized by law enforcement and broadcast via TVs, text messages, and other means. Now, Instagram will also push Amber Alerts into users’ feeds with the feature rolling out in the US today and set to be available in 25 total countries “in the… Continue reading Instagram puts Amber Alerts in your feed to help find abducted children

Elon Musk asks all Tesla employees to come back to the office or quit

Elon Musk has requested that all Tesla employees stop remote work and come back to the office or they will be let go. Like every other company, Tesla has allowed remote work for every role where it is possible since the COVID-19 pandemic hit in 2020. As the pandemic subsides, those companies have been reevaluating… Continue reading Elon Musk asks all Tesla employees to come back to the office or quit

Chinese industrial software maker UniVista raises $164m series pre-A funding …

Shanghai UniVista Industrial Software Group announced on Wednesday that it has raked in over 1.1 billion yuan ($164.3 million) in a series pre-A round as the startup looks to upgrade its industrial software and design solutions to better serve semiconductor companies. The new round saw participation from investors including IDG Capital, CAS Investment Management, China… Continue reading Chinese industrial software maker UniVista raises $164m series pre-A funding …