Uber is moving away from its commission-based model for three-wheeled motorized rickshaw drivers in India in response to increased competition from local rivals Rapido and Namma Yatri. The ride-hailing giant will instead charge drivers a daily fee to use the…
Fintech Varo has been hoping to raise a $55 million Series G round but has, so far, closed on $29 million to date, according to a recent SEC filing. Varo declined to comment on this new round but the fintech…
Recommendation algorithms operated by social media giants TikTok and X have shown evidence of substantial far-right political bias in Germany ahead of a federal election that takes place Sunday, according to new research carried out by Global Witness. The non-government…
Austin-based defense startup Saronic has raised a $600 million Series C to build an autonomous ship factory called “Port Alpha,” it announced yesterday, quadrupling its valuation to $4 billion from its last round. Investor Elad Gil led the round, with…
