Intel, Delphi Automotive and Mobileye announced yesterday (Nov. 29) plans to collaborate in creating the supercomputing technology necessary to get the first generation of self-driving cars up and running. Delphi and Mobileye hope to develop a system to make it less expensive for automakers to produce...
This year’s Cyber Monday stats are here. Adobe Digital Insights found that Americans had already spent $540 million in the wee hours of Monday morning (between midnight and 10 a.m. EST). A cool $205 million of that total came from mobile purchases. Nearly 40 percent...
Digital payments tracking software startup Stripe has reportedly garnered an estimated valuation of $9.2 billion thanks to a new $150 million round of funding. All told, Stripe has raised around $450 million and earlier this week filed paperwork for the authorization to sell new shares....
Since the ban of the 500- and 1,000- rupee notes in India — an estimated value of $220 billion — roughly 86 percent of the country’s currency, $80 billion, has been returned to banks so far. Banks in India have thus far dispersed $15 billion...
The sixth annual Financially Underserved Market Size report found that 67 million adults in the U.S. who bank are part of the underserved market. They don’t have bank accounts and paid as much as $141 billion in fees for various financial products last year. The study...
A study by on-demand delivery platform Stuart recently found that 88 percent of U.K. shoppers want better delivery services from local retailers and that only 4 percent of U.K. retailers offer same-day delivery options. In the U.K., 72 percent of online shoppers would spend more...
Since 2008, SpareFoot has carved out its place in the world as the largest marketplace for storage. SpareFoot currently works with more than 10,000 storage facilities across the nation. The 120-person-strong company allows users to compare storage options and pick the most suitable candidate. SpareFoot...
After filing for Chapter 11 bankruptcy twice in 13 months, American Apparel now may have a future with Gildan Activewear. American Apparel still has more than 115 stores in the U.S. But as with the first time American Apparel went through bankruptcy, it missed its...
Singles’ Day has come and gone. But before it passed, online retail giant Alibaba set new records. Alibaba reportedly earned $17.8 billion in gross merchandise volume during this year’s Singles’ Day — just more than a 32 percent increase over last year’s figures. For comparison,...
