Are We In a Recession? How You Can Prepare
In the past year, economists have repeatedly predicted a recession in the U.S. The economy, however, has proven to be extremely resilient. Despite sometimes being shaky, the economy has repeatedly…
OpenAI’s “compromise” with the Pentagon is what Anthropic feared
On February 28, OpenAI announced it had reached a deal that will allow the US military to use its technologies in classified settings. CEO Sam Altman said the negotiations, which the company began pursuing only after the Pentagon’s public reprimand of Anthropic, were “definitely rushed.” In its announcements, OpenAI took great pains to say that…
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Devolut leverages e-commerce growth in Latin America to develop reverse logistics tool
Devolut enables merchants a returns option that doesn’t require boxes or labels. It also provides a network of “city points” where consumers can go to return merchandise.
Reliance’s financial services unit to offer insurance, merchant lending
Jio Financial Services, the financial services unit of Mukesh Ambani-run Indian conglomerate Reliance Industries, plans to expand to merchant lending and insurance, Ambani said at Reliance’s annual general meeting in a speech that is likely to have a repercussions for countless startups. “JFS will massively increase financial services penetration by transforming and modernising them with […]
Reliance’s 5G hotspot Jio AirFiber to hit stores next month in broadband push
Jio Platforms on Monday launched the AirFiber, a wireless plug-and-play 5G hotspot, as the top Indian top telecom operator races to make a dent to the broadband market. With the Jio AirFiber, first showcased last year, Reliance plans to expand its 5G user base and replace wired broadband connections. The device will be available from September […]
Reliance appoints Ambani’s children to board
Reliance Industries said Monday it has appointed the three children of billionaire Mukesh Ambani — Isha Ambani, Akash Ambani and Anant Ambani — to its board, the latest in the succession plan at the country’s largest company, which operates the nation’s largest telecom operator and retail chain. Nita, Ambani’s wife, has resigned from the board, […]
After Threads, Bluesky also adds a way to see your own likes
Bluesky introduced a bunch of updates on Friday to its mobile apps and website including a new tab to see your own likes, notification support for apps, and an emoji picker for the web composer. Earlier this month, Bluesky’s rival Threads added a new tab in settings, called “Your Likes,” to let users look at […]
Tesla’s China rival Xpeng buys ride hailing giant Didi’s smart EV assets for $744M
Chinese electric vehicle upstart Xpeng is acquiring the smart EV assets of ride hailing giant Didi for $744 million, marking another significant alliance that the Tesla challenger has struck in recent months. In an announcement on Monday, Didi said the duo is forming a strategic partnership to “promote the global application of smart electric vehicles […]
Tesla’s China rival Xpeng buys ride hailing giant Didi’s smart EV business
Chinese electric vehicle upstart Xpeng is acquiring the smart EV assets of Didi, China’s ride hailing giant, marking another significant alliance that the Tesla challenge has struck in recent months. In an announcement on Monday, Didi said the duo is forming a strategic partnership to “promote the global application of smart electric vehicles and technologies.” […]
Tesla’s China rival Xpeng buys ride hailing giant Didi’s EV unit
Chinese electric vehicle upstart Xpeng is acquiring the smart EV unit of Didi, China’s ride hailing giant, marking another significant alliance that the Tesla challenge has struck in recent months. In an announcement on Monday, Didi said the duo is forming a strategic partnership to “promote the global application of smart electric vehicles and technologies.” […]
The battery business is booming and Zeekr kicks off it IPO roadshow
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. […]