Monarch Tractor CEO Praveen Penmetsa recently announced that it has raised $133 million through its Series C funding.
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China to Launch World's First Flying Taxi as EHang Seeks Air Operator License
Chinese flying taxi company EHang has moved closer to launching its commercial air mobility services as China's Civil Aviation Administration begins reviewing its air operator certificate application.
Delta Continues Flight Cancellations Days After Global IT Outage, Amounting to $163 Million Loss
Five days after a global tech outage caused by CrowdStrike, Delta Air Lines is still struggling to recover as it reported over 6,000 flights canceled recently and an estimated financial impact of $163 million.
Spotify's Q2 Profit Surpasses Expectations After Layoffs, Price Hikes
After laying off employees and implementing price hikes, Spotify reported meeting a more-than-expected financial outlook in Q2 2024, with its stock up over 10% and a total revenue of $4.14 billion.
Trump Campaign's Financial Advantage Short-Lived as Democrats Surge with $100M Funds in Just 1 Day
Donald Trump and the RNC gained a financial edge over Democrats by June, but a historic fundraising surge followed Biden's withdrawal and endorsement of Kamala Harris.
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Biden and other Democrats have endorsed Harris as the party's potential presidential nominee for the 2024 election.
Sam Altman-Backed Group Just Finished the Largest Basic Income Study in the US. Here’s What It Found
The study gave 1,000 lower-income individuals $1,000 in monthly payments for three years. A project backed by OpenAI founder Sam Altman recently finished a landmark study on basic income in the United States---marking the largest research on the topic ever conducted in the country.
Current software services that are available for coaches are often fragmented and hard to navigate because they aren't created for coaches and sports teams, resulting in greater inefficiencies and higher costs. The current market also lacks the tools they need most, a solution for playbook creation, game planning and film review, and a dedicated community platform that caters specifically to coaches' unique needs. That is where Clipboard Nation comes in.
It was not immediately clear how many employees were affected by Microsoft's recent layoffs. Tech giant Microsoft has quietly laid off an entire internal team focused on diversity, equity, and inclusion (DEI)---making the company the latest corporation to ditch diversity-based initiatives.
French private equity firm L Catterton reportedly approached toymaker Mattel with an offer to acquire it, according to several sources quoted by Reuters.
Google launched an initiative to eliminate cookies in 2020 but delayed the deadline thrice after failing to gain full support from regulators.
The $5 value meal includes a McChicken or McDouble, chicken nuggets, fries, and a small drink. Fast food chain McDonald's has announced it will extend its popular $5 value meal promo for another month as part of a push to attract more consumers back to its stores.
Nvidia is developing a modified version of its new flagship AI chip, the "B20," specifically for the Chinese market to bypass U.S. export restrictions.
Brian Kim, Kakao's founder, is facing allegations that he manipulated SM Entertainment's stock price to block a rival's acquisition attempt.
