African fintech startup Chipper Cash raises $30M backed by Jeff Bezos

African cross-border fintech startup Chipper Cash has raised a $30 million Series B funding round led by Ribbit Capital with participation of Bezos Expeditions — the personal VC fund of Amazon CEO Jeff Bezos. Chipper Cash was founded in San Francisco in 2018 by Ugandan Ham Serunjogi and Ghanaian Maijid Moujaled. The company offers mobile-based, no fee, P2P […]

Panasonic explores a European battery deal with Norway’s largest energy and industrial companies

Panasonic, one of the world’s largest manufacturers of lithium-ion batteries, has signed a preliminary agreement with the Nordic energy company Equinor and engineering and industrial company Norsk Hydro to collaborate on building a battery business in Northern Europe. The three companies said that over the coming months they’ll work to assess the market for lithium-ion […]

Biden’s infrastructure plans could boost startups

As President-elect Joe Biden readies his transition team and sets the agenda for his first 100 days in office, startups can expect to see some movement on long-stalled infrastructure initiatives that could mean big boosts to their business. Infrastructure is high on the list of priorities of the incoming Biden Administration as the former vice […]

This former Tesla CIO just raised $150 million more to pull car dealers into the 21st century

“I have to choose my words carefully,” says Joe Castelino of Stevens Creek Volkswagen in San Jose, California, when asked about the management software on which most car dealerships rely for inventory information, marketing, customer relationships and more. Castelino, the dealership’s service director, laughs as he says this. But the joke has been on car […]

Announcing the final agenda for TC Sessions: Mobility 2020

TC Sessions: Mobility is back and we’re excited to give the final look of what and who is coming to the main stage. Before we get into who is coming, let’s tackle one important change from our 2019 inaugural event: this year, TC Sessions: Mobility will be virtual. Never fear, the virtual version of TC […]

Here’s everything Amazon announced at its latest hardware event

From new Ring flying indoor drone cameras to an adorable new kids version of one of its most popular Amazon home products, Jeff Bezos’ Seattle retailer unveiled a slew of new hardware goodies just ahead of the holiday shopping season. Echo updates Image Credits: Amazon Amazon kicked off its latest hardware showcase by unveiling a […]

Ring gets into automotive security with three new car products, including one debuting first for Teslas

Amazon -owned Ring is expanding from home and neighborhood security to the automative world, with three new products it debuted today at Amazon’s expansive devices and services extravaganza. These include Ring Car Alarm, Ring Car Cam, and Ring Car Connect – two new devices and one API/hardware combo aimed at automotive manufacturers, respectively. Each of […]

California will require all passenger vehicles sold in the state be zero-emission by 2035

California Governor Gavin Newsom issued an executive order on Wednesday requiring sales of all new passenger vehicles be zero-emission by 2035. The new order would be a huge boost for electric vehicles, and vehicles using alternative fuels like hydrogen, and could boost a sector that’s already surging in California. As an announcement from the California […]

Tesla says its battery innovations will deliver its goal of a $25,000 mass market electric car

Tesla held its Battery Day event on Tuesday to discuss a variety of innovations it has developed and is pursuing in battery technology for its vehicles. At the event, Tesla CEO Elon Musk and SVP of Powertrain and Energy Engineering Drew Baglino detailed new anode and cathode technology it’s working on, as well as materials […]

Future Teslas will have batteries that double as structure, making them extra stiff while improving efficiency, safety and cost

Tesla has fundamentally redesigned the way that its battery packs integrate into their vehicles, turning them into structural elements of the car, rather than just fuel sources on their own. At Tesla’s Battery Day event on Tuesday, Elon Musk compared this to how commercial aircraft used to load fuel into tanks that were contained within […]