Field service engineers may not be the first group of customers that come to mind when you think about lucrative opportunities in B2B technology. But that same blind spot speaks of the opportunity in the space for those who are stepping up and targeting “the job site.” One of the players in that space, XOi […]
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French startup Mistral AI has officially closed its much anticipated Series A funding round. The company has raised €385 million, or $415 million at today’s exchange rate — according to Bloomberg, it values the company at roughly $2 billion. Mistral AI is also opening up its commercial platform today. As a reminder, Mistral AI raised […]
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ByteDance’s TikTok will take a 75.01% controlling stake in a joint venture entity formed in partnership with GoTo’s e-commerce unit Tokopedia, the two tech firms announced on Monday. TikTok will invest $1.5 billion in the combined entity over time “to provide future funding required by the business, without any additional dilution to GoTo’s 24.99% stake,” […]
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Vaishali Kasture, the executive Amazon appointed as the interim head of AWS India and South Asia, has quit the firm, a source familiar with the matter told TechCrunch, merely seven months into the top role. Amazon didn’t immediately respond to a request for comment by email and phone. Amazon counts India as one of its […]
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Semiconductors have in recent years become a focal point in the U.S.’s efforts to impede China’s technological advancement. Now Washington has its eye on yet another red-hot tech sector where China is making great strides: batteries for electric vehicles. Earlier this month, the Departments of Treasury and Energy proposed rules that would limit electric vehicle […]
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Elon Musk has restored the X accounts of conspiracy theorist Alex Jones and his media site Infowars. The X accounts of Jones and Infowars were “permanently banned” from Twitter by the previous management in 2018 for posting abusive content and violating the platform’s rules. Musk ran a user poll on X on December 9 asking whether […]
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SumUp — the fintech that provides payments and related services to some 4 million small businesses in Europe, the Americas and Australia — has picked up some growth funding to navigate the choppy waters of the current fintech market, waters that have tipped and swayed SumUp itself. The startup, which has roots in Germany but […]
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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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U.S. Senator Elizabeth Warren (D-Mass.) is throwing her weight behind Beeper, the app that allowed Android users to message iPhone users via iMessage, until Apple shut it down. Warren, an advocate for stricter antitrust enforcement, posted her support for Beeper on X (formerly Twitter) and questioned why Apple would restrict a competitor. The post indicates […]
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