Technology

Carvana crashes back down to earth

June 9, 2023

Carvana’s big rally is now looking more like a blip on the radar. Shares in the online-car retailer soared Thursday, closing up by 56% from the prior day on news that it expected to post $50 million worth of adjusted EBITDA in the current quarter, powered by stronger per-car sales profitability. For Carvana, the gains […]

Carvana crashes back down to earth by Harri Weber originally published on TechCrunch

FIS acquires banking-as-a-service startup Bond

June 9, 2023

Consolidation continues apace in the world of fintech. FIS, the fintech giant that runs a wide range of payment, banking and investment services, has acquired Bond, a startup that specializes in embedded finance, multiple sources confirmed today.  Fintech Business Weekly’s Jason Mikula broke the news last week that the deal was in the works. Our […]

FIS acquires banking-as-a-service startup Bond by Ingrid Lunden originally published on TechCrunch

Blue owned the consumer podcast mic market – now the brand is being phased out

June 9, 2023

Blue Microphones was ahead of the game. The first Snowball was released all the way back in 2005, as the company was celebrating its 10th birthday. Within a few years, the USB mics were everywhere. They were effectively synonymous with the nascent world of amateur podcasting and became a go-to for first-time content creators uploading […]

Blue owned the consumer podcast mic market – now the brand is being phased out by Brian Heater originally published on TechCrunch

GM and Ford could help spark a charging standards war by teaming up with Tesla

June 9, 2023

Seven months ago, when Tesla announced it would share its EV charging connector design to encourage automakers to adopt the technology and help make it the new standard in North America, few, if any, predicted competitors would bite. Now, with Ford and General Motors agreeing to integrate Tesla charging tech in their next-gen vehicles by 2025, […]

GM and Ford could help spark a charging standards war by teaming up with Tesla by Rebecca Bellan originally published on TechCrunch

Meta previews generative AI tools coming to WhatsApp, Messenger and Instagram, plus internal AI tools

June 9, 2023

Meta this week showcased its work on new generative AI technologies for its consumer products including Instagram, WhatsApp, and Messenger, as well as those being used internally at the company. At an all-hands meeting, Meta CEO Mark Zuckerberg announced several AI technologies in various stages of development, including AI chatbots for Messenger and WhatsApp, AI […]

Meta previews generative AI tools coming to WhatsApp, Messenger and Instagram, plus internal AI tools by Sarah Perez originally published on TechCrunch