Thunes Expands Global Reach with Launch of Pay-to-Card Solution, Connecting Members to Mastercard, Visa, UnionPay

SAN FRANCISCO and SINGAPORE, Oct. 28, 2024 /PRNewswire/ — Thunes, the Smart Superhighway to move money around the world, today announced the launch of its new Pay-to-Card solution, significantly broadening the company’s Global Direct Network’s reach. Through this cutting-edge offering, Thunes now connects Members of its proprietary Network to 15 billion cards globally, including Mastercard, Visa,… Continue reading Thunes Expands Global Reach with Launch of Pay-to-Card Solution, Connecting Members to Mastercard, Visa, UnionPay

Adyen and BCG Research Finds Embedded Payments and Finance Now a $185 Billion Opportunity — a 25% Increase in Two Years

Embedded finance beyond payments is now a critical growth driver for Software-as-a-Service (SaaS) platforms. Less than 20% of the market is currently addressed, meaning now is the time for platforms to tap into this revenue pool and meet rising SMB demand. SaaS platforms embedding financial products are set to amplify their revenues up to 3-4x.… Continue reading Adyen and BCG Research Finds Embedded Payments and Finance Now a $185 Billion Opportunity — a 25% Increase in Two Years

Clean Technica: Tesla DOES Have A Ridesharing App Already003681

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Following the “We, Robot” event, I lamented that Tesla didn’t roll out the one notable thing I thought they might roll out — a ridesharing app that Tesla owners (and people needing rides) could start using before robotaxis become… Continue reading Clean Technica: Tesla DOES Have A Ridesharing App Already003681

Tesla Has Secretly Been Testing Robotaxis

“This really is a profound change.” Taymo Tesla has been secretly testing out fully autonomous robotaxis in the Bay Area for several months, CEO Elon Musk revealed during the carmaker’s earnings call this week. According to the billionaire, only Tesla staffers are authorized to make use of a prototype app that can summon vehicles using… Continue reading Tesla Has Secretly Been Testing Robotaxis

Google’s Waymo closes $5.6b funding to expand autonomous cab serviceThe round also saw participation from existing investors including Andreessen Horo…

Alphabet’s self-driving unit, Waymo, said on Friday it had closed a $5.6 billion funding round led by the Google parent, as it looks to expand its autonomous ride–hailing service. Automakers and technology companies are investing in autonomous ride–hailing services to capitalize on the technology to drive commercial success, even as it faces widespread skepticism and tight regulatory scrutiny. The investment round also saw participation from existing investors including… Continue reading Google’s Waymo closes $5.6b funding to expand autonomous cab serviceThe round also saw participation from existing investors including Andreessen Horo…

Waymo secures $5.6 billion in new funding before expanding robotaxis to new cities in 2025

Robotaxi developer Waymo has closed an oversubscribed Series C funding round totaling $5.6 billion. Alongside an expanded partnership with Uber, the funds will help the rideshare company expand its Waymo-One robotaxi service throughout current and additional cities in the US. While some robotaxi networks are slowing down their expansion plans and OEMs like Tesla struggle… Continue reading Waymo secures $5.6 billion in new funding before expanding robotaxis to new cities in 2025

Alphabet’s self-driving unit Waymo closes $5.6 billion funding round as robotaxi race heats up in the U.S.

A Waymo autonomous self-driving Jaguar taxi drives along a street on March 14, 2024 in Los Angeles, California.  Mario Tama | Getty Images Waymo has closed a $5.6 billion funding round to expand its robotaxi service in and beyond Los Angeles, San Francisco and Phoenix, where it operates today. The autonomous vehicle venture is owned… Continue reading Alphabet’s self-driving unit Waymo closes $5.6 billion funding round as robotaxi race heats up in the U.S.

Waymo raises $5.6 billion to fund Austin and Atlanta expansion

Waymo has raised another huge chunk of change from investors. The company announced on its blog that it secured an “oversubscribed investment round” of $5.6 billion in funding, the largest of which came from Google’s parent company Alphabet. The company is working with Uber to expand to Austin and Atlanta by the early part of… Continue reading Waymo raises $5.6 billion to fund Austin and Atlanta expansion

Toyota-backed eVTOL startup Joby Aviation seeks $200m from common stock offeringJoby is backed by Uber, Delta Air Lines, and South Korea’s SK Telecom.

Joby Aviation, a California-based startup developing electrical vertical take-off and landing (eVTOL) aircraft, has announced a public offering of common stock up to $200 million, according to a regulatory filing. In this offering, Joby also intended to provide underwriters with a 30-day option to purchase an additional $30 million in shares. The company said the… Continue reading Toyota-backed eVTOL startup Joby Aviation seeks $200m from common stock offeringJoby is backed by Uber, Delta Air Lines, and South Korea’s SK Telecom.

Elon Musk Mocks Idea of an Affordable $25,000 Tesla

“It would be silly.” Let Them Eat Cars Tesla CEO Elon Musk has seemingly given up on an affordable personal vehicle. During this week’s earnings call, the increasingly unpredictable CEO went as far as to mock the idea of a non-autonomous $25,000 car, dismissing it as “pointless.” That’s because Musk has doubled down on the… Continue reading Elon Musk Mocks Idea of an Affordable $25,000 Tesla