This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. The curious case of the disappearing Lamborghinis Across the world, unsuspecting people are unwittingly becoming caught up in a new and growing type of organized criminal enterprise: vehicle transport fraud and theft. Crooks…
How do you critique functional art? Do you base your assessment on its capability or the resolution at which it solves a problem? Is it more important that it succeeds as art? Or is it the overall statement of purpose that matters, balance between form and function be damned? Not questions I expected to grapple […]
Uruguayan fintech company dLocal saw its stock surge by over 30% on Wednesday on the news that the payments outfit had tapped former Mercado Libre CFO Pedro Arnt as its new co-CEO. Shares closed up nearly 32% at $20.45, after climbing as high as $24.22 earlier in the day, giving the company a $6 billion […]
As the buy now, pay later (BNPL) market continues on its slow decline, one of the major players, Splitit, is embarking on an effort to reorganize and pivot. Splitit today announced that it has a $60 million “capital commitment” from strategic investors including Thorney Investment Group, Parea Capital and Motive Partners. Bringing the startup’s total […]
You’ve surely seen all of those videos of robots opening and walking through doors. The dirty little secret is that most or all of them involved a good bit of human hand holding. That can come in the form of manual remote guidance wherein a user remotely controls the process in real-time or a guided […]
Vietnamese EV maker VinFast’s debut Tuesday on the Nasdaq public exchange was nothing short of remarkable. The automaker, which went public via a merger with special purpose acquisition company Black Spade Acquisition, saw shares catapult 68% to close at $37.06 — giving it a valuation of $86 billion, a figure far above Ford, GM and […]
The owner of San Francisco luxury department store Gumps took out a full-page ad in “The San Francisco Chronicle” to express concern over the city’s current state and call on city officials to clean up the streets.