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Monthly Archives: August 2024
SoftBank-backed Indian EV startup Ola Electric pops 20% on debut valuing firm at $4.8 billion
Shares of Ola Electric surged 20% on their market debut as investors bet the company is set to become a key player in India’s EV industry.
Delta Airlines laces into CrowdStrike, says it lost $500m in outage
The US-based carrier has indicated it will sue both CrowdStrike and Microsoft for the damages
Ola Electric surges in India’s biggest listing in two years
Ola Electric, the largest electric two-wheeler maker in India, jumped as much as 14.4% on its public debut Friday in what is the biggest listing among Indian firms in two years. Shares of the Bengaluru-based firm, which counts SoftBank and … Continue reading
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More Chinese EV makers debut in Singapore as the city-state boosts adoption with incentives, more charging points
More Chinese electric vehicle brands are launching in Singapore as the government pushes for EV adoption with extended incentives and charging points.
The AI tech aiming to identify future Olympians
Olympics fans are trying a new AI-powered system to see if they may be able to win a gold medal one day.
Rocket Lab’s sunny outlook bodes well for future constellation plans
Rocket Lab surpassed $100 million in quarterly revenue for the first time, a 71% increase from the same quarter of last year. This is just one of several shiny accomplishments executives showed off to investors on Thursday — and a … Continue reading
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CloudPay, a payroll services provider, lands $120M in new funding
In 1996, two companies, Patersons HR and Payroll Solutions, formed a venture called CloudPay to provide payroll and payments services to enterprise clients. CloudPay grew quietly over the next several decades, adding workflow automation features to maintain pace with upstart … Continue reading
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Security bugs in ransomware leak sites helped save six companies from paying hefty ransoms
The vulnerabilities allowed one security researcher to peek inside the leak sites without having to log in. © 2024 TechCrunch. All rights reserved. For personal use only.
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Advertising group suspends brand safety unit after Elon Musk’s antitrust lawsuit
The World Federation of Advertisers said it’s suspending the operations of GARM after Elon Musk’s X filed antitrust lawsuit this week.
Defense tech start-up Anduril Industries raises $1.5 billion, now valued at $14 billion
Anduril Industries, which builds autonomous military systems like drones and robots, has raised $1.5 billion and is now valued at $14 billion.