India’s Flipkart begins customer lending in bid to boost sales
Flipkart has begun lending to customers, expanding its financing offerings in a move that could potentially boost sales even as its chief rival Amazon has signalled a slowdown in India. The Walmart-owned Bengaluru-headquartered firm, in partnership with lender Axis Bank, is extending a credit of up to 500,000 Indian rupees,
Read moreUK’s early-stage media tech VC GMG Ventures rebrands to Mercuri, closes £50M fund
UK-based early-stage media technology venture capital firm GMG Ventures has rebranded to Mercuri. It has also raised £50 million ($81.35 million) for its second fund led by British Business Bank, through its Enterprise Capital Funds program, to back startups using artificial intelligence to reinvent traditional media models. Other investors in
Read moreTwitter said only verified users will be able to access TweetDeck after 30 days
After swathes of users were unable to access parts of TweetDeck over the last few days, Twitter started rolling out a new version of the web app to users Monday. The company also added that in 30 days, users will have to be verified to access TweetDeck. This means only
Read moreThe hunt for the next Twitter: all the news about alternative social media platforms
Illustration: Alex Castro / The Verge Where will we all hang out next? Twitter hasn’t been in a great place for months, and that suddenly means that there’s a lot more competition in Twitter-like social media platforms. Mastodon might be the most well-established, but there are many other services vying
Read moreRivian delivers first electric vans to Amazon in Europe
Amazon has begun rolling out its custom electric delivery vans from Rivian in Europe, the e-commerce giant said Monday. This will be Rivian’s first commercial shipment of vans outside the United States. The first tranche of 300 vans will be seen on streets in Munich, Berlin and Dusseldorf in the
Read moreThreads, Instagram’s Twitter competitor, is expected July 6
Instagram’s rumored Twitter competitor just dropped on the iOS App Store in the U.S. The app will be called Threads, and according to App Store data, it’s expected to launch on July 6. It’s a good time for Instagram to enter the fray — this past weekend, as Twitter fumbled
Read moreTwitter competitors soar after yet another bad Musk move
Twitter was even messier than usual this weekend. On Saturday, owner Elon Musk tweeted that Twitter would combat “extreme levels of data scraping,” by limiting accounts that don’t subscribe to Twitter Blue so that they could see only 600 posts per day. Once you hit the quota, almost any act
Read moreMax Q: Virgin Galactic’s triumphant first commercial flight
Hello and welcome back to Max Q! In this issue: What the future holds for Virgin Galactic News from NASA, and more Virgin Galactic’s first commercial flight brings payloads and passengers to edge of space Virgin Galactic completed its first commercial flight, sending 13 scientific payloads and four humans —
Read moreEV maker Arrival’s second SPAC is now a dead SPAC
Troubled commercial EV maker Arrival has just ended a deal to merge — for the second time in less than three years — with a special purpose acquisition company. Arrival initially went public in March 2021 via a merger with special purpose acquisition company CIIG Merger Corp. in a deal
Read moreTwitter is going to force TweetDeck users to switch over to the ‘new’ version
Image: Twitter Twitter is going to force everyone who uses TweetDeck to switch over to the “new” version to help mitigate some of the issues TweetDeck has been experiencing lately. I used quotes around “new” because the experience has been in preview for nearly two years, but according to a
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