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On Tesla earnings day, all eyes are Elon, profits, and AI
Tesla earnings day is upon us — the quarterly check in with one of the world’s largest EV makers and its controversial CEO Elon Musk. Tesla’s fourth-quarter and full-year earnings are expected to be released Wednesday after market close. A webcast, in which Tesla management will answer questions from analysts and retail investors, is scheduled […]
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Solar startup Niko is building Mexico’s first virtual power plant
After more than a year of helping solar installers sell, plan, and finance panels for residential and small commercial building owners, Niko found another opportunity.
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DeepSeek’s app becomes unavailable on Apple’s and Google’s app stores in Italy
Hours after Italian authorities requested information from DeepSeek about how the company handles user data, the Chinese AI startup’s app is no longer available in Apple’s App Store and Google’s Play Store. The app has claimed the top spot in the download charts in multiple countries, including in the U.S. where it is at the […]
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Engineering giant Smiths Group says hackers accessed its systems during cyberattack
U.K.-based engineering giant Smiths Group has confirmed a cybersecurity incident involving “unauthorized access” to its systems. The London-listed company, which operates across multiple sectors including energy, security, aerospace and defense, said Tuesday that it is currently “managing” the incident. The company said it isolated affected systems and activated its business continuity plans, implying a disruptive […]
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The Download: mice with two dads, and Meta’s fact-checking challenges
The Simple Formula Behind a Top-Ranked Personal Care Franchise
Uber-backed mobility fintech Moove acquires Brazil’s Kovi, takes ARR to $275M
Uber-backed Moove, an Africa-born mobility fintech that offers vehicle financing to ride-hailing and delivery app drivers across six continents, has acquired Kovi, a Brazilian urban mobility provider. The value of the deal is not being disclosed, but Moove confirmed it was an all-share transaction, and Kovi is now wholly owned by Moove. Moove co-founder and […]
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ChatGPT’s mobile users are 85% male, report says
The AI bubble hasn’t burst yet, at least when it comes to consumer spending on AI apps. Led by OpenAI’s ChatGPT, overall spending on AI apps jumped to $1.42 billion in 2024, according to app analytics firm Appfigures. This marks a 274% increase from 2023 (the app launched in May of that year). Among tens […]
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Meteomatics eyes U.S. expansion for its enterprise-focused weather forecasting tools
Martin Fengler knows a lot about the weather. Fengler got his Ph.D. in mathematics, focused on numerical weather prediction, before working for Meteomedia AG, a network of weather stations in Switzerland and Germany. But while he knew a lot about weather forecasting from the prediction side, he realized the gaps that remained on the consumption […]
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