Lexus Teases New Entry-Level Crossover
Lexus has released a couple of teaser images of a new entry-level crossover, which is set to be revealed on June 5. The new model, which is rumored to be called the LBX, is likely to be based on the…
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Apple strikes deal with Broadcom to boost U.S. chip production
Apple has announced a multibillion dollar deal with the U.S. chipmaker Broadcom to use chips manufactured in the United States, as part of its 2021 plan to invest $430 billion in the U.S. economy over five years. The move comes…
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CRM software maker Kustomer raises $60 million after leaving Meta
Kustomer, a customer relationship management (CRM) platform that was acquired by Meta Platforms Inc (formerly Facebook) in 2020, said on Tuesday it had raised $60 million in financing as it spins out of the social media giant. The Instagram owner…
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Faye Travel Insurance raises $10 million in Series A Funding
Faye, a New York-based travel insurance startup, announced today that it has raised $10 million in Series A funding. The round was led by Munich Re Ventures, with participation from existing investors Viola Ventures and F2 Venture Capital. Additional investors…
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Delta to Stop Flying Between Boston and Westchester
Delta Air Lines announced on Monday that it will stop operating flights between Boston Logan International Airport (BOS) and Westchester County Airport (HPN) in September. The route launched in October 2022 and is operated by Delta Connection partner Republic Airways…
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Meta fined $1.3 billion for violating EU Privacy Laws
Meta, the parent company of Facebook, has been fined a record-breaking €1.2 billion ($1.3 billion) by European Union regulators for violating EU privacy laws by transferring the personal data of Facebook users to servers in the United States. The European…
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Neeva, the ad-free search engine, to shut down
Neeva, a search engine that offered users an advert- and tracker-free experience for a monthly fee, has announced that it will close on 2 June. The company, founded by a former Google ad executive, said it failed to convince enough…
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Elon Musk Accuses Microsoft of Misusing Twitter Data
Elon Musk has accused Microsoft of misusing the service’s data and demanded an audit from the software giant. The letter, which was sent by Musk lawyer Alex Spiro, alleges that Microsoft has violated its agreement with Twitter by retrieving more…
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OneWeb Launches Final Batch of GEN1 Satellites and Joey-Sat Prototype
Space firm OneWeb, which is part-owned by the UK government, has launched the final batch of 15 first generation (GEN1) Low Earth Orbit (LEO) based ultrafast (100Mbps+) and low-latency (sub-100ms) broadband satellites – plus a single GEN2 prototype “Joey-Sat” –…
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thinkPVC showcases sustainable construction products at IAPEX Exhibition 2023
KARACHI, PAKISTAN: thinkPVC, a unique concept store and one-stop solution for sustainable construction products in Pakistan, is creating momentum in the industry with its innovative and eco-friendly products. The Company recently participated as a Conference Sponsor of the 18th International…
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Nio invests in fusion startup Neo Fusion to diversify its energy portfolio
Chinese electric vehicle maker Nio, known for its smart and high-performance electric vehicles, has invested in a startup firm that is developing fusion technologies, according to a source with direct knowledge and a company filing, placing more bets in other…
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Toyota, Daihatsu, and Suzuki unveil micro-sized electric van for Japan
Toyota Motor Corp, Daihatsu Motor Co, and Suzuki Motor Corp unveiled a micro-sized electric van on Thursday, targeting Japan’s delivery industry. The van, which will be available in Toyota, Daihatsu, and Suzuki-branded versions, will have a range of about 200…