Fintech startup Ramp has raised $300 million in a funding round co-led by existing backer Thrive Capital and new investor Sands Capital at a post-money valuation of $5.8 billion. The Information reported last week that spend management company Ramp was raising “several hundred million dollars” at a $5.5 billion valuation. Ramp last raised in March […]
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Twitter/X rival Bluesky announced it will impose rate limits to improve its network stability and security, but assured users their posting experience would not be impacted. The move comes shortly after Bluesky saw a record high in traffic, thanks to X owner Elon Musk’s announcement that the company formerly known as Twitter would be doing […]
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The National Highway Traffic Safety Administration (NHTSA) said Monday it is investigating whether Ford‘s 2022 recall of nearly 49,000 Mustang Mach-E electric vehicles sufficiently addressed issues and whether more vehicles should be included in the recall. Ford recalled 48,924 of its 2021 and 2022 Mach-Es in June 2022 after concerns that high voltage battery main […]
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For automakers and their suppliers, the advantages would be significant.
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Before founding dipp, Jennifer Chen and Mikhail Abramov spent 15 years working as art directors in New York City. During that time, Chen says they realized that the marketing, sales and design process have stayed the same, despite new technology and tools being introduced to the market, and is often riddled with bottlenecks. “Salespeople have […]
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Arm, the U.K.-based chipmaker owned by Japan’s SoftBank since 2016, has filed for a Nasdaq listing under the ticker symbol “ARM,” five months after announcing it had filed confidential, preliminary IPO paperwork with U.S. regulators. The outfit didn’t provide a projected share price in its F-1 paperwork. SoftBank recently bought a 24.99% stake in the […]
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In this issue: SpaceX's new rideshare program, news from India's space agency and more
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Amazon announced Monday the launch of its new Fire TV Channels app, giving Fire TV customers access to over 400 free ad-supported TV (FAST) channels, including ABC News, CBS Sports, Fox Sports, MLB, Martha Stewart and more. Alongside the app launch, the company also announced new content providers, such as Variety, Rolling Stone, The Hollywood […]
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There’s already a handful of great examples of SaaS companies leveraging usage-based pricing to monetize AI.
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Pinterest today introduced a series of new safety features aimed at better protecting teens using its service. The features — which include things like private profiles, more control over followers, and message safety controls — are similar to those introduced on other popular social media platforms with teens, like Instagram. On Pinterest, users ages 16 […]
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Charles Martinet, the voice actor who has portrayed Mario since 1991, is stepping down, Nintendo announced Monday morning. Besides voicing the world’s most famous plumber, the 67-year-old Martinet also portrayed Luigi, Wario, Waluigi and the baby versions of these characters in more than one hundred titles across the Mario video game franchise. “Charles Martinet has […]
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Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Our Monday show covers the latest in tech news from the weekend and what’s making headlines early in the week. Here’s the rundown from this morning: […]
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YouTube announced today how it plans to approach the impact AI technology is having on the music industry with regard to its video hosting platform and its existing partnerships across the music industry, including with artists, labels and other rightsholders. While the company is bullish on AI’s potential to “enhance music’s unique creative expression,” it […]
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