Funding rounds, launches, acquisitions and market moves — summarised by our AI from
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** The electric vehicle (EV) landscape is shifting like sand underfoot. Two recent developments highlight this transformation: BYD's stock tumble following Warren Buffett's stake reduction and the launch of South Africa's most affordable…
** In the bustling world of FinTech, Plum is making waves. The smart money app, founded in 2017 by Victor Trokoudes, has just secured €19 million in Series B funding. This round includes €15.8 million from institutional investors and €3.2…
** The world is in the midst of an AI revolution. Companies are racing to harness the power of artificial intelligence. Accenture is leading the charge with its new AI Refinery framework. This initiative, built on NVIDIA’s AI Foundry, aims…
** In the digital age, cyber threats are like shadows lurking in the corners of our online lives. They grow darker and more complex, threatening to engulf businesses of all sizes. The latest Mid-Year Cyber Threat Report from SonicWall…
** In the heart of Moscow, the GigaConf 2024 unfolded like a vibrant tapestry of technology and innovation. On June 27, the conference brought together experts from Sberbank and other leading companies to discuss the evolution of…
** In the world of real estate, technology is both a lifeline and a potential pitfall. Recent events have underscored this duality. A global tech outage shook industries, including real estate, while Keller Williams celebrated a…
** In the world of real estate, the buzz around artificial intelligence (AI) is deafening. Brokerages are harnessing AI to boost agent productivity. Yet, despite the allure of technology, a consensus emerges: agents are irreplaceable. The…
** In the world of real estate, the human touch is irreplaceable. The industry is buzzing with advancements in artificial intelligence (AI). Yet, brokerages are clear: robots won’t replace agents anytime soon. Instead, AI is a tool, not a…
** In the world of finance, interest rates are like the weather. They can change quickly, affecting everyone from large corporations to small businesses. As the Bank of Russia prepares to raise its key interest rate to 18% on July 26…
** In the digital age, privacy is a fortress. Yet, recent events have shown that even the strongest walls can be breached. The EncroChat case in the UK has ignited a firestorm of debate over the future of encrypted messaging. The…
** The logistics industry is undergoing a seismic shift. Companies are no longer just focused on speed and efficiency. They are now racing towards sustainability. This transformation is not just a trend; it’s a necessity. As climate change…
** Tesla, once the undisputed king of electric vehicles (EVs), is now grappling with a tempest of challenges. The latest earnings report paints a stark picture. A 45% drop in net income for the second quarter of 2024 has sent shockwaves…
** In the wake of the pandemic, businesses scrambled to adapt. The virtual desktop infrastructure (VDI) emerged as a lifeline. It transformed how companies operate, allowing employees to work from home as if they were in the office. This…
** The e-commerce world is a fast-moving river. It twists, turns, and sometimes floods. Recent developments in the European Union and Brazil highlight this dynamic landscape. The EU is tightening its grip on fast fashion, while Brazil's…
** In a world grappling with climate change, Schmidt Sciences is stepping up. They are investing millions into biomass projects. This initiative aims to transform waste into valuable resources. It’s a bold move, and it could change the…
** In the bustling world of travel, change is the only constant. Exoticca, a Barcelona-based travel tech platform, has just secured a hefty €60 million in Series D funding. This financial shot in the arm is led by Quadrille Capital, with…
** In the world of construction and energy, efficiency is the golden key. Companies are constantly seeking ways to optimize operations, reduce costs, and minimize environmental impact. The recent advancements in machinery, particularly the…
** In the world of finance, change is the only constant. The Russian brokerage landscape is no exception. A former subsidiary of Bank of America is pivoting towards a boutique brokerage model. This shift reflects a broader trend in the…
** In the world of business, change is the only constant. The X5 Group, a titan in the Russian retail landscape, has recently undergone significant transformations. These changes are not just about corporate restructuring; they reflect a…
** The tech landscape is shifting. Apple and Samsung are at the forefront, crafting devices that promise to redefine user experiences. Foldable smartphones and smart wearables are not just trends; they are the future. Apple is reportedly…
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