The Download: the rise of luxury car theft, and fighting antimicrobial resistance
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NestAway, once valued at over $225 million, sells for $11 million
PropTech firm Aurum is acquiring NestAway, a once high-flying Indian startup operating in the same space, for up to $10.9 million, in a deal that marks a near complete erosion in value for the startup’s investors. Eight-year-old NestAway raised $115 million over the years and was valued at $227 million in a funding round in […]
NestAway, once valued at over $225 million, sells for $11 million by Manish Singh originally published on TechCrunch
Volkswagen targets cool with a new American-sized ID.Buzz
It’s been far too long and yet you’re going to have to wait a bit longer. After years of impatient waiting, the U.S. version of the Volkswagen ID.Buzz finally made its debut Thursday in Huntington Beach, California. When pitted against the European spec bus — which is already on sale — everything about this version […]
Volkswagen targets cool with a new American-sized ID.Buzz by Kirsten Korosec originally published on TechCrunch
Puneet Chandok, AWS India and South Asia head, has resigned
Puneet Chandok, the head of AWS in India and South Asia, has resigned, according to two sources familiar with the matter, a surprise move just weeks after the cloud giant pledged to invest over $12 billion in India by 2030. Chandok, who served as the President of AWS India and South Asia, joined the e-commerce […]
Puneet Chandok, AWS India and South Asia head, has resigned by Manish Singh originally published on TechCrunch
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Gig workers in California to receive millions for unpaid vehicle expenses
Uber, Lyft, DoorDash and other app-based ride-hail and delivery companies will have to reimburse California gig workers potentially millions of dollars for unpaid vehicle expenses between 2022 and 2023. The back payments come from a provision in Proposition 22, the controversial law that classifies gig workers as independent contractors rather than employees and promises them […]
Gig workers in California to receive millions for unpaid vehicle expenses by Rebecca Bellan originally published on TechCrunch