Fintech startup Ramp has secured $300 million in a funding round co-led by existing investor Thrive Capital and new investor Sands Capital, bringing its post-money valuation to $5.8 billion. Last week, The Information reported that Ramp, a spend management company, ...
American Airlines has filed a lawsuit against Skiplagged, a travel website known for offering “hidden-city” ticketing options that help travelers find cheaper flights. This practice involves booking a connecting flight that’s less expensive than a direct flight and not continuing ...
Over 1.5 million dehumidifiers, including models from well-known brands like GE and Kenmore, have been recalled due to fire and burn hazards. These dehumidifiers, manufactured by Gree USA, the American branch of a Chinese appliance company, have been associated with ...
WeWork’s future is now uncertain, as the company itself has acknowledged. In its second-quarter earnings release, WeWork stated that “substantial doubt exists” regarding its ability to continue operations, citing ongoing losses, anticipated cash requirements, and increased turnover among its members. ...
A team of U.S. scientists claims to have repeated their groundbreaking achievement—a nuclear fusion reaction that generates more energy than is put into it. This time, however, they report an even higher energy yield than the widely publicized experiment in ...
When you think of Apple, you’re likely to picture a stream of groundbreaking tech rather than a pair of sneakers. However, a pair of “ultra-rare” Apple sneakers is now being auctioned by Sotheby’s for $50,000, surpassing the price of any ...
The Securities and Exchange Commission (SEC) is pressing corporate America to provide investors with more comprehensive information about cybersecurity breaches and the measures being taken to combat them. This push comes as the SEC has voted 3-2 to adopt new ...
U.S. lawmakers are pushing for a thorough review of a licensing agreement between Ford Motor Company and the China-based firm CATL. This deal would enable Ford to manufacture battery cells developed by CATL at a new $3.5 billion facility planned ...
On Monday, Ford Motor announced a reduction in prices for its electric F-150 Lightning pickup, attributing the decrease to its successful efforts in ramping up production and reducing costs for battery minerals. The company revealed that prices for some of ...
Larry Hryb, an Xbox employee widely recognized by his “Major Nelson” moniker, announced on Friday that he is leaving Microsoft. Hryb has been a prominent figure in Xbox’s marketing efforts since the original Xbox and Xbox Live online service era, ...