• 17
    Nov

    Tesla gets a spot on the S&P 500

    Tesla will be added to the S&P 500, a milestone that will expand its investor base and put the electric automaker in the same company as heavyweights like Apple, Berkshire Hathaway and Microsoft. The announcement, made Monday afternoon by the S&P Dow Jones Indices, sent shares 13.7% higher in after-market trading. Tesla will officially join the benchmark index prior to trading December 21, ...
  • 17
    Nov

    Cooper raises $2M to build a professional network centered on introductions

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    In a period of social distancing, making new professional connections feels harder than ever. So Amsterdam-based Cooper is building a network that’s all about making and receiving introductions. “Everything that happens in the network is based on on the foundation of introductions,” CEO Robert Gaal told me. “You should never get an unwanted message, and there’s no such thing as a connection ...
  • 17
    Nov

    Digital electricity supplier Tibber closes $65M Series B led by Eight Roads, Balderton

    Tibber, a ‘digital electricity’ supplier which uses AI to switch around power for houses based on their predicted levels of consumption – has closed a $65 million Series B round led by Eight Roads Ventures and Balderton Capital, with participation from existing investors including San Francisco-based Founders Fund, which invested last year. Alongside equity, Tibber secured working capital funding by Nordea ...
  • 13
    Nov

    More voting software FUD falls flat after Trump highlights dubious data

    Reports that Dominion Software, which provides voting tabulation tools to about half the states in the U.S., “deleted” millions of votes have been soundly rebuffed after outgoing President Trump parroted numbers from a random internet forum. Tweeting Thursday morning about baseless claims of election fraud, Trump cited OANN, a right-wing news outlet, which itself seemed to have found its numbers in a ...
  • 13
    Nov

    Twitter labeled 300,000 US election tweets — around 0.2%

    Just over a week after the U.S. elections, Twitter has offered a breakdown of some of its efforts to label misleading tweets. The site says that from October 27 to November 11, it labeled some 300,000 tweets as part of its Civic Integrity Policy. That amounts to around 0.2% of the total number of election-related tweets sent during that two-week period. Of course, ...
  • 12
    Nov

    China to ship 3 billion parcels during post-COVID Singles’ Day

    China’s e-commerce behemoths Alibaba and JD.com again claimed to have set records during the world’s largest shopping event, Singles’ Day. The figures can often be gamed to paint a rosy picture of perpetual growth, journalists and analysts have long observed, so they are limited metrics for measuring the firms’ performance or Chinese consumers’ purchasing power in times of COVID-19. Nonetheless, the heavy workload for express couriers ...
  • 12
    Nov

    PUBG announces India return with new game and $100 million investment

    PUBG Mobile will make its return to India in a new avatar, parent company PUBG Corporation said on Thursday. Reported last week that the South Korean gaming firm was plotting its return to the world’s second largest internet market two months after its marquee title was banned by the country. The new game, called PUBG Mobile India, has been specially created for ...
  • 12
    Nov

    On-demand delivery app Glovo is spinning up a b2b logistics unit for super speedy urban ...

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    Spain’s on-demand delivery app, Glovo,  is gearing up to be able to deliver a much wider range of products within a 30-minute timeframe by rolling out a b2b logistics play — drawing on a network of city centre warehouses that it plans to massively expand over the next twelve months. It’s just announced the launch of a new business unit, called Q-Commerce ...
  • 11
    Nov

    Apple’s new Mac lineup and chip work fail to excite investors

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    Worth $1,985 billion at the close of the show, Apple’s  Mac event could not find that last $15 billion in market cap that it needed to crest the $2,000 billion mark, a market cap value more commonly referred to as $2 trillion. Your watchful friends at TechCrunch not only kept tabs on Apple’s new M1 processor — more on that shortly — and the company’s refreshed line ...
  • 11
    Nov

    Here’s everything Apple announced at the ‘One More Thing’ event today

    Ready for more Apple  news? Because it’s time for more Apple news. This morning the company hosted its third event in as many months, where they finally detailed how and why they’ll be shifting Macs to chips designed and built by Apple — and showed off the first Macs that’ll make the jump: new MacBook Air, MacBook Pro and Mac Mini! Didn’t ...