Incumbents in the parcel deliveries space usually have fixed daily routes from suburban depots. But since most parcels are fairly lightweight, this is a bit of a hammer to crack a nut. So it makes sense to “Uber-ise” local deliveries. Indeed, in Asia, the ‘asset free’ delivery model of using mini depots instead of large owned…
While everybody is trying to figure out how artificial intelligence can be leveraged across various industries, French startup Osium AI has found an interesting use cases for AI — research and development in materials science. Founded by Sarah Najmark and Luisa Bouneder, the startup raised a $2.6 million seed round from Y Combinator, Singular, Kima Ventures,…
© Reuters. FILE PHOTO: Woman shops at a pharmacy of a market in Tokyo, Japan March 3, 2023. REUTERS/Androniki Christodoulou/ File Photo TOKYO (Reuters) – Japan’s government on Wednesday slashed its view on the economy for November in its first such downgrade in 10 months, as weak demand weighed on capital spending and consumer expenditure.…
© Reuters. A view of the city skyline in Singapore December 31, 2020. Picture taken December 31, 2020. REUTERS/Edgar Su/ File Photo By Xinghui Kok SINGAPORE (Reuters) -Singapore’s economy grew faster than initial estimates in the third quarter, helped by a resurgence in tourism and service sector activity, although authorities warned of risks to the…
© Reuters. Bull statues are placed in font of screens showing the Hang Seng stock index and stock prices outside Exchange Square, in Hong Kong, China, August 18, 2023. REUTERS/Tyrone Siu/File Photo US500 -0.20% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY…
A Google executive said during a testimony in the Epic vs Google trial that a deal with Spotify allows the audio company to bypass Play Store fees, as reported by The Verge. Don Harrison, Google’s head of partnership, said that Spotify pays no fees when it processes its own payments and pays a measly 4%…
Mark Benioff made a play for OpenAI workers that won’t be easy to ignore…
India’s Enforcement Directorate, its crime-fighting agency, plans to issue a show-cause notice to Byju’s, alleging that it violated the nation’s foreign exchange rules, a person familiar with the matter told TechCrunch. The allegations, which ED plans to make public as early as Tuesday, will say that the Bengaluru-headquartered startup has violated rules under the Foreign…
It’s one decision not to take lightly…
Lowe’s echoed Home Depot’s concern that a slowdown in big ticket DIY spending will likely hit holiday sales…
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