3 Smart Insurance Stock Picks for the Week Ahead
The insurance industry is known to thrive in a rising interest rate environment. Although inflation has eased significantly, it remains well above the Fed’s 2% target, making room for more…
The Download: plastic’s problem with fuel prices, and SpaceX’s blockbuster IPO
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. Fuel prices are soaring. Plastic could be next. As the war in Iran continues, one of the most visible global economic ripple effects has been fossil-fuel prices. But looking ahead, further consequences could…
Transitioning into Retirement: Financial Strategies for the Final Stretch
You’re nearly there! You’re nearing the age when you can finally stop working and enjoy some well-earned rest. But there are a few more steps you should take before officially…
An X glitch is breaking native images, links posted before December 2014
A glitch on X, formerly Twitter, seems to have broken links and images posted using the social network’s native service before December 2014. Over the weekend, a few people speculated that images — including the famous Oscar selfie — were deleted from the service. However, other users pointed out that images are still on the […]
Tesla says data breach impacting 75,000 employees was an insider job
Tesla has said that insider wrongdoing was to blame for a data breach affecting more than 75,000 company employees. Tesla, the electric car maker owned by Elon Musk, said in a data breach notice filed with Maine’s attorney general that an investigation had found that two former employees leaked over 75,000 individuals’ personal information to […]
B2B inventory marketplace Ghost reappears with $30M Series B to expand outside US
In the past year, the company grew its membership base to over 1,000 brands and retailers and saw its year over year gross merchandise value run rate grow over 10 times.
BeReal gets more social with ‘friends of friends’ feature
BeReal is trying to be real. And if we’re being real, what’s the point of that Discovery feed, anyway? The once-a-day, spontaneous photo sharing app, BeReal differentiates itself from other social apps by inviting us to connect with our friends, not a wider audience. There’s no such thing as a BeReal influencer or celebrity, and […]
Zanifu raises $11.2M to scale its inventory financing offering in Kenya
Zanifu, a Kenyan fintech providing inventory financing to micro, small and medium-sized businesses, has raised $11.2 million debt-equity funding in a pre-Series A round led by Beyond Capital Ventures and Variant Investments. Founders Factory Africa, AAIC Investment, Google Black Founders Fund, and existing investor Launch Africa also participated in the round. This brings total debt-equity […]
The ice cores that will let us look 1.5 million years into the past
Moving quickly and carefully in two layers of gloves, Florian Krauss sets a cube of ice into a gold-plated cylinder that glows red in the light of the aiming laser. He steps back to admire the machine, covered with wires and gauges, that turns polar ice into climate data. If this were a real slice…
Jio Financial Services, Reliance’s $20 billion spin-off, makes market debut
For years, the Indian market has been anticipating for a public debut of Reliance Retail and Jio Platforms. But in a surprise late last year, Mukesh Ambani, Asia’s richest man and chairman of conglomerate Reliance Industries, found a different offering — a little known non-bank financial subsidiary — to offer to the market. That offering, […]
Mycoprotein producer Enough raises €40M toward doubling its production capacity
Now with the Netherlands factory online, Enough is ramping up to produce over a tonne of Abunda every hour and around 10,000 metric tonnes per year.