Flipturn hauls in $4.5M seed funding to help trucking fleets electrify for less
Trucking fleets are facing deadlines to electrify, but new challenges abound. Flipturn wants to help solve them.
Vercel CEO Guillermo Rauch signals IPO readiness as AI agents fuel revenue surge
“The company is ready and getting more ready for every day,” Rauch said about an IPO at HumanX conference.
Others
US government contractor says MOVEit hackers accessed health data of ‘at least’ 8 million individuals
U.S. government services contracting giant Maximus has confirmed that hackers exploiting a vulnerability in MOVEit Transfer accessed the protected health information of as many as 11 million individuals. Virginia-based Maximus contracts with federal, state, and local governments to manage and administer government-sponsored programs, such as Medicaid, Medicare, healthcare reform, and welfare-to-work. In an 8-K filing […]
EU opens competition probe of Microsoft bundling Teams with Office 365
The European Union has finally announced a formal antitrust investigation of Microsoft’s bundling of Teams with Office 365 and Microsoft 365. The move comes two years after rival workplace comms company Slack complained to the bloc that Microsoft was unfairly bundling the collaboration and comms software with its popular cloud-based productivity suites for business. Announcing […]
EV.energy snags $33M Series B to help utilities save billions on grid upgrades
Too many EVs charging at once could crush the grid, something EV.energy’s demand management software seeks to avoid.
Upgrade acquires travel-focused BNPL startup Uplift for a song
Upgrade, a provider of personal credit lines and other consumer financial products, today announced that it’s agreed to acquire Uplift, the buy now, pay later (BNPL) vendor, for $100 million in cash and stock. It’s likely not the exit Uplift was hoping for — and a sign of serious consolidation in the BNPL space, which […]
Reddit is testing its own verification mark and new accessibility features
After Twitter’s (now X) rollout of a new paid plan offering verification, other social media companies like Meta, LinkedIn, and Tumblr have tried to implement their own badges. Reddit is now joining the bandwagon by testing a new “official” badge. The company said it is testing these labels with a small set of profiles as […]
Bloom Money raises £1M to digitize microcredit finance for ethnic communities
The company seeks to digitize the rotating savings and credit association (ROSCA) financial technique often used by ethnic communities.
Samsung extends cut in memory chip production, will focus on high-end AI chips instead
Samsung Electronics continues to cut back its memory chip production, including NAND flash used in smartphones and PCs, after reporting a $3.4 billion (4.36 trillion won) operating loss in the second quarter of this year in its memory chip unit. The world’s biggest memory chip maker posted a roughly $7 billion operating loss in its […]
Twitter rebrands its Android app with the new X logo
Twitter updated its Android app today by replacing the iconic bird logo with its new X logo — the latest step in its ongoing rebranding efforts. The company also updated its app listing on the Google Play Store to reflect the new branding with screenshots of the app with black backgrounds and the X logo. […]
Kenya’s FarmWorks raises $4M pre-Series A funding
FarmWorks, a Kenyan agtech that provides farmers with access to farm inputs, and market for their produce, has raised $4.1 million in a pre-Series A round led by Acumen Resilient Agriculture Fund, an existing investor. Livelihood Impact Fund, Vested World, a number of family offices, and angel investors also participated in the round that brought […]