SVB’s commercial banking president: ‘Come on back, the water’s fine’
Four players in the banking industry spoke about what they are doing to offer startups and investors new alternatives in a post-SVB world.
Four things we’d need to put data centers in space
MIT Technology Review Explains: Let our writers untangle the complex, messy world of technology to help you understand what’s coming next. You can read more from the series here. In January, Elon Musk’s SpaceX filed an application with the US Federal Communications Commission to launch up to one million data centers into Earth’s orbit. The…
Allie wants to layer intelligence on top of factory floors
Factory downtime is an expensive problem. According to one estimate, it costs enterprise companies 11% of their yearly turnover, amounting to almost $1.5 trillion each year. That works out to about $129 million per facility among Fortune 500 companies, over double what Fortune 500 companies reported paying in downtime in 2020. Part of the reason […]
Bird acquires Spin scooters from Tier for $19M
Shared micromobility company Bird has acquired competitor Spin from Tier for $19 million, including $10 million in cash, $6 million in a vendor take back and $3 million as a hold back. Tier had purchased Spin from Ford back in March 2022 to expand its presence in the U.S., but Tier has struggled to maintain […]
Last Call for Tax Procrastinators: Don’t Miss This Upcoming Tax Deadline or Expect to Pay These Penalties
If you filed for a six-month extension on your taxes, that deadline is approaching fast.
How Online Payment Systems Can Take Your Business to the Next Level
Supporting credit card transactions is one of the simplest ways to boost your business, and everyone involved wins.
4 Ways to Avoid Becoming a Nightmare Boss (and How to Be a Dream Boss)
Are dream bosses born or made? It’s a bit of both. Here’s what I learned the hard way that can help you tap into your dream boss potential.
‘Nobody Helped Her Whatsoever’: Elderly Woman Sues McDonald’s For ‘Severe Burns’ After Spilling Hot Coffee
Mable Childress, a woman in her 80s, filed a lawsuit in San Francisco Superior Court last week.
Apple’s Lisa Jackson explains how going carbon neutral by 2030 is good business
As the most valuable company in the world, Apple extends its massive footprint into every corner of industry that it touches. With that footprint comes a vast responsibility to conduct itself responsibly in terms of sourcing materials, labor and the energy necessary to ship well over two billion mobile devices on its course to becoming […]
Volvo will make its last diesel car in 2024
Volvo’s last diesel car will roll off the line “by early 2024,” the company said on Tuesday. The writing’s been on the wall for several years. As far back as 2017, the Geely-owned automaker indicated it would wrap up production of diesel cars by around now. A few years later, Volvo pledged to exclusively sell […]
Redwood Materials acquires European battery recycler in expansion push
Redwood Materials said Tuesday it acquired lithium-ion battery recycler Redux Recycling, a purchase meant to accelerate U.S. company’s expansion into Europe. This is Redwood’s second acquisition since former Tesla co-founder and CTO JB Straubel founded the battery materials and recycling startup in 2017. Last year, Redwood acquired a small UK recycling technology company. The company […]