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One year ago, Uber’s business model could be categorized as an “all of the above approach,” a strategy to generate revenue from all forms of transportation, including ride-hailing, micromobility, logistics and package and food delivery. The COVID-19 pandemic upended that business

GIC, Singapore’s sovereign wealth fund, will invest $752 million in Mukesh Ambani's Reliance Retail, and TPG will invest $250 million in the Indian firm, they all said Saturday midnight (local time). The Government of Singapore Investment Corp and TPG are the latest high-profile investor

The neobank, or digital bank, phenomenon continues to take the world by storm, with global winners, from Brazil's Nubank valued at $10 billion and Berlin's N26 valued at $3.5 billion, to Chime, now valued at $14.5 billion as the most valuable consumer fintech in the United States. Neobanks

Plaid, the company building a universal banking API that lets you connect an app or service with a bank account, has updated Plaid Link. Plaid Link is the interface you see when you add your bank account to any app or service that uses Plaid, such as Venmo, Acorns or Chime. Given that 3,000 apps ha

Anyone who writes online or in a word processor has likely gotten used to the inevitable squiggly line denoting a misspelled word or clumsy phrase. But what if you use a word that’s loaded, a phrase that’s too formal or not formal enough, or refer to a group of people in an outdated way

For several years, blockchain technology has been touted as a way to verify the sale of property. Any kind of property. And so entrepreneurs busily began the process of trying to create a startup that could complete a property deal on the blockchain. One that stood out from the start was Propy, st

Cryptocurrency exchange Coinbase is adding a new way to withdraw funds from your Coinbase account. If you've added a compatible debit card to your account, you can transfer USD, EUR or GBP to your bank account nearly instantly. There are some drawbacks, and the main one is that you'll pay a

Removing the background of a video you’ve shot can be a real pain if you don’t have the kind of tools and setup used by professionals — and even then it isn’t as easy as it should be. Kaleido’s one-step background removal tool for images, remove.bg, has graduated to full-m

Update: Tonight's launch was scrubbed with two seconds remaining in the count and will be rescheduled. SpaceX is set to launch a GPS-III satellite for the U.S. Space Force using a Falcon 9 rocket, with a target launch time of 9:43 PM EDT (6:43 PM PDT). That opens a 15-minute l

Long before the coronavirus, Sora, a startup run by a team of Atlanta entrepreneurs, was toying with the idea of live, virtual high school. The program would focus on student autonomy and organize its curriculum around projects that learners wanted to work on, such as finding ways to reduce the imp

For the past two years, technewss has brought together the best and brightest minds in mobility at our technewss Sessions: Mobility event. This year, we are adding a little extra twist. On October 5, the day before Mobility 2020, TC is hosting a pitch-off — which only ticket holders can access

Bolt Threads has brought together some new and existing partners, including Stella McCartney, Kering (the fashion house behind brands like Balenciaga, Gucci, Alexander McQueen and Bottega Veneta), Lululemon and Adidas to create a consortium that will explore the company’s use of its mushroom-

Tesla delivered 139,300 vehicles in the third quarter, slightly above Wall Street’s expectations and a notable improvement from last quarter, as well as the same period a year ago. Tesla’s numbers in the third quarter marked a 43% improvement from the same period last year, when the com

SpaceX will provide an update about what’s happening with their Starship spacecraft in roughly three weeks, according to CEO and founder Elon Musk. Starship is a next-generation, fully reusable spacecraft that the company is developing with the aim of replacing all of their launch vehicles, i