April 16, 2025

Digital frame maker Aura introduces the Aspen, a $299 frame with more intelligent features

Aura, a digital photo frames company founded by early Twitter employees, is introducing its latest model, Aspen, which adds new technology to the device and its accompanying mobile app. In addition to hosting your digital photos in its 12-inch HD display, the device now also allows you to add captions to your photos when they […]

December 2023

Jumia quit food delivery because of deep-pocketed ‘aggressive’ rivals, CEO says

December 18, 2023

Last week, pan-African e-commerce platform Jumia said it was discontinuing its food delivery service, Jumia Food. According to the company, its food delivery business didn’t align with the current operational landscape and prevailing macroeconomic conditions in the seven markets, including Nigeria, Kenya, Uganda, Morocco, Tunisia, Algeria and Ivory Coast. As a result, Jumia Food will […]

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Get ready to fight misinformation in 2024. Eric Schmidt has advice.

December 18, 2023
This article is from The Technocrat, MIT Technology Review’s weekly tech policy newsletter about power, politics, and Silicon Valley. To receive it in your inbox every Friday, sign up here. We’re already at that time of year when we start looking ahead to what’s coming in 2024. For Technocrat readers (and the rest of the…

Are These 3 Energy Stocks Set for Year-End Success?

December 18, 2023
With the global demand for oil and natural gas soaring and tightened supplies instigating high oil and gas prices, the energy sector’s outlook appears robust. With such promising growth potential…

Meltwater, the media monitoring startup, gets a $65M investment from Verdane

December 18, 2023

Meltwater, which first made its name around media monitoring and then got active in business intelligence using AI and big data analytics techniques, is picking up a new investor. Verdane, a Norwegian private equity firm that earlier this year closed a $1 billion+ fund to make investments in scaling tech companies, is taking an 11% […]

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IBM to acquire StreamSets and WebMethods from Software AG for $2.3B

December 18, 2023

IBM is doling out €2.13 billion ($2.3 billion) to acquire a duo of data integration assets from Germany-based enterprise software company Software AG. The all-cash deal will see IBM take ownership of StreamSets, a data integration platform that Software AG had acquired just last year, and WebMethods, which Software AG bought for more than $500 […]

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The hunter-gatherer groups at the heart of a microbiome gold rush

December 18, 2023
We’re all teeming with microbes. We’ve got guts full of them, and they’re crawling all over our skin. These tiny, ancient life forms have evolved with us. And over the last couple of decades, scientists have come to realize just how important they are to our health and well-being. They help extract nutrients from our…

2024 Considerations: Buy or Hold for 3 Tech Stocks?

December 18, 2023
The persistent surge in technological innovation is fueling a steady demand for high-speed and more advanced products, propelling the tech sector forward. Therefore, let’s explore whether to buy or hold…

May Mobility’s driverless microtransit might beat robotaxis to profitability

December 18, 2023

Autonomous vehicle company May Mobility has launched its first driverless on-demand microtransit service on public roads in Sun City, Arizona in partnership with transit tech company Via. The milestone is in line with May Mobility’s goal of launching rider-only operations by 2023. It also signals that the gentle onramp approach to commercializing autonomy could be […]

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Saudi shopping and BNPL platform Tamara tops $1B valuation in $340M Series C funding

December 18, 2023

Tamara, a buy now pay later platform for consumers in Saudi Arabia and the wider GCC region, has raised $340 million in a financing C round that values the fintech at $1 billion. Saudi asset manager and financial institution SNB Capital and Sanabil Investments, a wholly-owned company by Saudi’s sovereign wealth fund Public Investment Fund […]

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Cruise cuts a quarter of its self-driving workforce, another e-scooter startup folds and a special year-end message

December 18, 2023

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. […]

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