Even if sustainability isn’t a key differentiator, brand-owned resale sites can help capture some of the value that would otherwise go to secondhand markets.
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Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! Last week, we chronicled some big rounds in the fintech space, Intuit’s decision to shutter Mint and what that means […]
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Indian edtech giant Byju’s said on Saturday that revenue of its core business in the financial year ending March 2022 stood at $429.18 million, making it abundantly clear that the most valuable Indian startup will miss the unaudited $1.25 billion revenue it projected for the group a year ago. Byju’s also missed its revenue projection […]
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Elon Musk’s AI startup, xAI, is creating its own version of ChatGPT. That appears to be the case, at least, from Musk’s tweets on X late Friday evening teasing the AI model xAI has been quietly developing. Called Grok — a name xAI trademarked recently — the model answers questions conversationally, possibly drawing on a […]
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Arrival set out eight years ago to make electric vehicle production “radically more efficient.” So far, its plan to forgo the gigafactory for local microfactories has proved anything but. Arrival trumpeted how its automated microfactories would simultaneously churn out electric vans for UPS, cars for Uber drivers, and buses for the U.K., Italy and California. […]
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Fintech giant Klarna has reached an agreement with workers that were set to strike next week, the company told TechCrunch today. Klarna employees were planning to strike next week in the fintech’s home country of Sweden, as reported by tech.eu. The dispute was reportedly over the lack of a Collective Bargaining Agreement (CBA) – a […]
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I don’t know about you, but I’ve been traveling a lot this year. In fact, I’ve been back to my 2019 levels of travel, which has been a breath of fresh air after being pandemic-grounded for a couple of years. I like to return to this list every time TechCrunch does a gift guide. It’s […]
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