AxleHire, a last-mile logistics startup that facilitates deliveries for companies like HelloFresh, Freshly, Sun Basket, La Boulangerie and others, has raised $4.3 million from Acorn Pacific, RGA Ventures and others. AxleHire, which started back in 2015, is doing more than 150,000 shipments per month and bringing in $750,000 in monthly revenues. By April, AxleHire expects
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I got excited when the Echo Spot debuted. At the time, I tentatively declared it the best Echo at the time, and after living with the device for the better part of a week, my sentiments haven’t really changed. The latest member of the Echo family slots into the line nicely, delivering the Show’s touchscreen
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A study by UK academics looking at how fake social media accounts were used to spread socially divisive messages in the wake of a spate of domestic terrorists attacks this year has warned that the problem of hostile interference in public debate is greater than previously thought. The researchers, who are from Cardiff University’s Crime
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Quinyx, a Stockholm-headquartered company that offers cloud-based software to help businesses manage things like employee scheduling, communication, task-management and payroll integration, has raised a further $12 million in funding. Backing the round is VC firm Battery Ventures, which sees Boston-based Battery General Partner Michael Brown join the Quinyx board. Founded in 2005 by Erik Fjellborg,
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Electric vehicle startup NIO has launched its first production car, the ES8 – a fully electric SUV with 220 miles of range, fast charging that will top off the battery entirely in one hour of charging, battery pack swapping capabilities for thee-minute refuelling and more. The car starts at about $68,000 before incentives and subsidies,
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Automaker BMW is chasing that solid-state battery tech carrot, same as most everyone else in the industry. Today, it’s announcing a new partnership with battery technology company Solid Power to develop and commercialize the latter’s solid-sate battery technology for use in electric vehicles. Solid State already produces batteries made up of inorganic materials developed by
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The French government has filed a complaint against ecommerce giant Amazon alleging abuse of a dominant position with some of its suppliers, according to Reuters citing a report in La Parisien newspaper. The move apparently follows a two-year investigation by France’s consumer fraud watchdog, the DGCCRF. The news agency says the Economy Ministry is seeking a fine of €10M
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Oracle will pay $1.2 billion in cash to buy construction software developer Aconex, the companies announced today. Based in Melbourne, Aconex’s cloud-based software allow teams working on building projects to collaborate and share documents. Oracle agreed to pay AUD $7.80 (about $5.97) per share in cash for a total of $1.2 billion. This price represents
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