Monarch Tractor CEO Praveen Penmetsa recently announced that it has raised $133 million through its Series C funding.
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Mark Zuckerberg’s Meta Reality Labs Loses $45 Billion in 4 Years As AR/VR Falls Short
Meta’s Reality Labs has reported $45 billion in losses over the past four years due to chaotic management and frequent leadership changes. Further losses are expected as the division struggles in a competitive AR and VR market.
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.
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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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.
French private equity firm L Catterton reportedly approached toymaker Mattel with an offer to acquire it, according to several sources quoted by Reuters.
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.
The EPA, backed by Biden's Inflation Reduction Act, has awarded $4.3 billion in grants to 30 states for climate pollution reduction projects, targeting greenhouse gas emissions across various sectors.
Elon Musk announced that Tesla will begin using humanoid robots within the company as extra help next year, with plans for commercial production by 2026.
The largest banks in Europe, such as Santander, BNP Paribas, and Deutsche Bank, are set to report their earnings for the second quarter of 2024 this week following the announcement from the European Central Bank that it would not change its interest rates.
GoBankingRates provided several immediate impacts that would affect Wall Street and other financial institutions following US President Joe Biden’s decision to stand down from the race to the White House.
Competition drives innovation, efficiency, and improvement across various fields and endeavors. Look at Google and Apple, there is a need and room for both in the smartphone industry; innovation begets innovation. The same is true for infection prevention—the more competition, the better the solutions. Hylomorph, a clinical-stage medical device company, has developed one such solution that has the potential to minimize post-surgical complications greatly.
Share markets across Asia are expected to stay in the red after last week’s tech bloodbath, as well as the shock announcement of US President Joe Biden bowing out of the presidential race in November.
