933 place 0
Flink, one of the few rapid grocery delivery startups left operating in Europe, has secured $150mn to grow its business in Germany and the Netherlands. The funding comprises $115 million in equity and $35 million in debt, with backing from both new and existing investors, including BOND, Northzone, and supermarket chain REWE. This reportedly brings the company’s valuation to nearly $1bn. With the fresh capital, Flink plans to “expand [its] footprint, improve operational efficiency, and continue delivering [
A newsletter a day!
You may get 10 most important news around midday in daily newsletter. Press the button and we will send you the most important news only, no spam attached.
LIKE us on Facebook so you won't miss the most important news of the day!
The Next Web
AI labs racing to surpass human intelligence have become the subject of reports that challenges are getting between their models and their mission. Read more ›
1,288 fresh
PayPay and Alipay+ announced an extended partnership at the Singapore FinTech Festival 2024, to increasing merchant coverage across Japan. PayPay, Japan’s leading QR payment operator, and AliPay+, Ant International’s mobile payment method that helps merchants reach shoppers in Asia, will now connect over three million local merchants to the global payment ecosystem. The extended partnership... Read more » Read more ›
875
Qualcomm's interest in acquiring Intel is cooling due to the complexity of the deal, Intel's debt, and regulatory hurdles. However, according to Bloomberg, Qualcomm may still explore acquiring certain divisions of Intel to expand into markets like PCs and networking. Tom's Hardware reports: [T]he proposed acquisition faced significant obstacles, including Intel's $50 billion debt, dropping CPU market share, and its struggling semiconductor manufacturing unit, an area where Qualcomm lacks expertise.... Read more ›
816 fresh
Back in February, ZTE announced its first flip-foldable – the ZTE Libero Flip. That device then made its way to the global market as the nubia Flip, and we now have our first look at its successor – the nubia Flip 2 (NX732J), which appeared in certification listing on China’s TENAA agency. nubia Flip 2 (NX732J) Flip 2 will offer a redesigned look with a substantially larger 3-inch AMOLED cover... Read more ›
586 fresh
"With DOGE coming out, people are absolutely looking to drive more economies of scale and more efficiency," Workday's CEO said on Tuesday. Read more ›
508 fresh
Daring Capital, a UK impact investor network, has invested €1.2 million in purpose-driven startups during its first year. Launched in August 2023 by Jem Stein, the company has prioritised support for female founders, who received 95% of the capital, and 76% to Black and Racially minoritised founders. The investment aims to back overlooked entrepreneurs building ... Read more ›
409 fresh
Trump's early tariff announcements on Mexico, Canada, and China are just the "opening move," wrote one trade-focused attorney. Read more ›
369 fresh
"You don't have to keep a human being alive, which means you can be a lot faster and you can move a lot more quickly," Andreessen told Joe Rogan. Read more ›
347 fresh
Some federal workers are worried, some are optimistic, and most are considering their other career options, said 10 who spoke with BI. Read more ›
331 fresh
ChatLicense, a Dutch startup that helps kids and parents navigate online life, won the Global Impact Challenge hosted by Singularity University and SYNC Ithra earlier this month. The challenge sought to crown a startup developing solutions in the fields of misinformation, cyberbullying, and social polarisation, and ChatLicense won out of more than 500 global entries. ... Read more Read more ›
260 fresh
Select customers can get a Hulu plan for $0.99 per month for 12 months, just by signing up. Get more details on this and other great deals below. Read more ›
244 fresh
Adams added that the storyline for his character, Michael Ross, had played out by the end of season 7. Read more ›
223 fresh
Nintendo's Switch might be nipping at its heels, but PlayStation 2 continues to hold the record as the best-selling console of all time - with Sony now confirming the machine has shifted a whopping 160m units since launching all the way back in March 2000. Read more Read more ›
212
Discover how APIs are reshaping finance, driving innovation, efficiency and enhanced customer experiences. Read more ›
190 fresh
The flagship Raspberry Pi 5 is now at the heart of the Compute Module 5, offering a significant speed boost over the CM4! Read more ›
174 fresh
"He has a good meal program there at San Diego State, but he says it just doesn't taste the same as it does at home," Guy Fieri said. Read more ›
131 fresh
Ukraine said it's recalling a batch of 120mm artillery shells, typically used as mortar rounds, as it seeks to boost its ammo-producing industry. Read more ›
123 fresh
Photo by Sean O’Kane / The Verge Porsche is not ready to turn in its gas caps for charging ports just yet. The company reportedly plans to launch more internal combustion engine models due to a slowdown in EV sales, according to Automotive News Europe. The automaker’s CFO, Lutz Meschke, told the outlet, “What is clear is that we are sticking with the combustion engine for much longer.” As Car... Read more ›
121
The Next Web
UK startup Surf Security has launched a beta version of what it claims is the world’s first browser with a built-in feature designed to spot AI-generated deepfakes. The tool, available through Surf’s browser or as an extension, can detect with up to 98% accuracy whether the person you’re interacting with online is a real human or an AI imitation, the company said. The London-based cybersecurity upstart uses “military-grade” neural network... Read more ›
38
Zurich-based startup Poncho has officially launched its weather insurance platform — and bagged some fresh funding to boot. Founded in 2023, the company aims to transform how the travel and hospitality industries handle unpredictable weather. Poncho’s tech integrates with booking systems, allowing customers to opt for weather protection at checkout. If bad weather, such as heavy rain or wind, occurs during their scheduled event or trip, a refund is processed... Read more ›
37
Vertical Aerospace has been thrown a crucial lifeline, staving off potential bankruptcy at the cash-strapped air taxi startup. The UK-based company — which makes electric vertical take-off and landing (eVTOL) aircraft — secured the fresh funds from its largest creditor, American debt investor Mudrick Capital. The agreement, announced Monday, includes a $50mn cash injection and a substantial debt-to-equity swap. Mudrick will invest $25mn upfront and guarantee another $25mn in future... Read more ›
2
Amsterdam-based startup Skytree is set to deploy its carbon-sucking machines on a newly announced carbon capture and storage project in Texas, US. Dubbed “Project Concho,” the $100mn Direct Air Capture (DAC) plant aims to initially vacuum up 30,000 tonnes of carbon from the atmosphere annually, eventually scaling to 500,000 tonnes. This carbon will be permanently stored underground, on site. The facility is set to enter operation in 2028, a Skytree... Read more ›
0
Candela is flying high — and across the Atlantic. The Swedish startup has secured $14mn, marking the close of its Series C round at a cosy $40mn. This puts its total funding at just shy of $90mn. Candela has also sold its first P-12 ferry in the US, amid burgeoning demand for what is the world’s fastest and longest-range electric passenger vessel. FlyTahoe, the company that will operate the service,... Read more ›
0
London-based startup Lighthouse just raised a hefty $370mn from American investment giant KKR at a valuation of over $1bn, making it Europe’s latest unicorn tech company. The funding will supercharge the company’s ambitions to shake up the $15bn travel tech market. What’s on the to-do list? Refining its AI tools, expanding globally, and snapping up competitors through mergers and acquisitions (it has already made four). Lighthouse’s platform crunches over 400... Read more ›
0
Most popular sources
Business Insider
|
21% 11 |
Wired
|
10% 5 |
The Verge
|
8% 2 |
Android Authority
|
7% 4 |
Tech Wire Asia
|
7% 3 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
27.11.2024 05:46
Last update: 05:40 EDT.
News rating updated: 12:41.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.
popular
