European cyber insurance startup Stoïk raises $10.7 million and expands to Germany

September 19, 2023
French startup Stoïk offers a cyber insurance product to small and medium companies — a bit like Coalition in the U.S. And things have been working well in France. So the company just announced that it plans to expand to Germany as its second country with Franziska Geier heading the team there. The company also raised […]

What the continued UAW strike means for EVs

September 19, 2023
The United Auto Workers’ strike against General Motors, Ford and Stellantis is well into its fourth day, with no deal in sight. The strike comes as all three automakers have made aggressive moves to retool existing factories to build electric vehicles. Delays could set back production and delivery of current and future EV models, while […]

Elon Musk says X will charge users ‘a small monthly payment’ to use its service

September 18, 2023
X owner Elon Musk today floated the idea that the social network formerly known as Twitter may no longer be a free site. In a live-streamed conversation with Israeli Prime Minister Benjamin Netanyahu on Monday, Musk said the company was “moving to a small monthly payment for the use of the X system. He suggested […]

China Just Started Stockpiling Oil — World War 3?

September 18, 2023
China’s recent accumulation of oil reserves has captured global attention and sparked speculation about its intentions. Is China capitalizing on low oil prices, or is it preparing for a potential…