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Filing: Salesforce paid $419M to buy Spiff in Feb

May 30, 2024

Salespeople live and die by commissions, which typically form a big chunk of how they are paid, so it’s no surprise that Salesforce paid a premium to buy a platform to manage this for customers more easily. Several months ago, it acquired Spiff, to help companies build out and manage incentive-based compensation schemes. Salesforce’s 10-Q […]

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Archer, Kakao Mobility partner to bring electric air taxis to South Korea in 2026

May 30, 2024

Archer Aviation is partnering with ride-hailing and parking company Kakao Mobility to bring electric air taxi flights to South Korea starting in 2026, if the company can get its aircraft developed in time.  The move to South Korea is part of an international strategy that will also see Archer commercially launch in the United Arab […]

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Iyris makes fresh produce easier to grow in difficult climates, raises $16M

May 30, 2024

2023 was the hottest year on record, it doesn’t look like we’re cooling down anytime soon. Rising temperatures have made farming increasingly difficult in areas that were once prime agricultural resources where heat and drought have severely impacted crops. For most farmers who rely on traditional methods and lack access to high-tech greenhouses, the need […]

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Fisker cuts hundreds of workers in bid to keep EV startup alive

May 29, 2024

Struggling EV startup Fisker has laid off hundreds of employees in a bid to stay alive, as it continues to search for funding, a buyout or prepare for bankruptcy. Workers suspected layoffs were coming when the company directed everyone to work from home on Wednesday — an out-of-character directive, according to multiple current and former […]

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Chinese EV makers, and their connected vehicles, targeted by new House bill

May 29, 2024

Chinese EV manufacturers face a new challenge in their pursuit of U.S. customers: a new House bill that would limit or ban the introduction of their connected vehicles. The bill, introduced by U.S. Rep. Elissa Slotkin, comes as the trade war between the U.S. and China heightens in the aftermath of the Biden administration’s decision […]

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