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Nium crosses $1B valuation with $200M Riverwood Capital-led round

Nium crosses $1B valuation with $200M Riverwood Capital-led round

by sibi1 | Jul 27, 2021 | Uncategorized

Business-to-business payments platform Nium announced Monday that it raised more than $200 million in Series D funding and saw its valuation rise above $1 billion. The company, now Singapore-based but shifting to the Bay Area, touted the investment as making it “the...
Tesla delays Semi truck to 2022; Cybertruck back-burnered for Model Y

Tesla delays Semi truck to 2022; Cybertruck back-burnered for Model Y

by sibi1 | Jul 27, 2021 | Uncategorized

Tesla is pushing the launch of its electric Semi truck program to 2022 due to supply chain challenges and the limited availability of battery cells, the company said in its second-quarter earnings report Monday. Tesla CEO Elon Musk has warned about battery supply...
Tesla’s solar and energy storage business rakes in $810M, finally exceeds cost of revenue

Tesla’s solar and energy storage business rakes in $810M, finally exceeds cost of revenue

by sibi1 | Jul 27, 2021 | Uncategorized

Tesla’s primary source of revenue comes from the sale of its electric vehicles, but its latest quarterly earnings report showed growth in its energy storage and solar business. The demand picture will get even sunnier for the division if the company can access enough...
No new Galaxy Note this year as Samsung’s foldables gain S Pen functionality

No new Galaxy Note this year as Samsung’s foldables gain S Pen functionality

by sibi1 | Jul 27, 2021 | Uncategorized

Samsung sent out invites for its August 11 Unpacked event last week. While it’s clear this is going to be packed (somewhat ironically) even by the company’s standards, the event may well be as notable for what it doesn’t include. Namely, a slew of rumors have pointed...
Daily Crunch: Accused January 6 insurrectionist must use face to unlock laptop, orders judge

Daily Crunch: Accused January 6 insurrectionist must use face to unlock laptop, orders judge

by sibi1 | Jul 27, 2021 | Uncategorized

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for July 26, 2021. Tech news got off to a cracking start this week after the Chinese government spent...
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