In a landmark agreement, ridesharing giants Uber and Lyft have settled with New York state for $328 million over allegations…
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BusinessInvestmentTop News
SBI Holdings Anchors Novastar Ventures’ Future Funds with $40M Commitment
by Lucas Finisby Lucas FinisIn a telling sign of growing interest in African startups, Japanese financial services giant SBI Holdings has committed to anchor…
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McDonald’s Revenue Surges 14% on U.S. Price Hikes, But Challenges Loom Ahead
by Lucas Finisby Lucas FinisMcDonald’s posted standout third-quarter results driven by strategic price increases, underscoring the company’s pricing power even as consumers economize elsewhere.…
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Coke and Pepsi Struggle as One Beverage Giant Faces More Trouble
by Lucas Finisby Lucas FinisThe decades-long rivalry between beverage titans Coca-Cola and PepsiCo continues, but recent earnings reports reveal both companies face mounting struggles…
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Ford’s Earnings Disappoint, Shares Plunge 12% on Cost and EV Concerns
by Lucas Finisby Lucas FinisFord’s share price careened over 12% lower on October 27th after its latest earnings report raised red flags around manufacturing…
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Rapido Disrupts India’s Cab Market With New Pilot Service After Dominating Bike Taxis
by Lucas Finisby Lucas FinisLeading bike taxi app Rapido has launched a pilot program for car-based cab services in Hyderabad, marking the startup’s expansion…
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Gozen Secures $3.3M to Scale Production of Sustainable Lab-Grown Leather Alternative
by Jack B.by Jack B.San Francisco startup Gozen recently closed a $3.3 million seed round to boost production of its innovative biomaterial Lunaform. Seen…
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Paddy Cosgrave Steps Down as CEO of Web Summit: A New Chapter for the Tech Conference Giant
by Lucas Finisby Lucas FinisPaddy Cosgrave, co-founder and long-time CEO of prominent tech conference Web Summit, resigned effective immediately after controversial remarks on the…