Toyota is turning to startup Redwood Materials for critical battery materials

Battery cells produced at Toyota’s future North American EV factory will someday contain a little Redwood Materials DNA. The two companies announced Thursday that Redwood Materials will supply Toyota with cathode material and anode copper foil for battery cells produced at the automaker’s $13.9 billion factory in North Carolina that’s slated to go into production…

The time to triage is over

While the fundraising market still looks bleak for startups, continuing to triage isn’t sustainable for their investors When public market pressure started to affect venture capital in the spring of 2022, companies and VCs firms weren’t prepared. Companies couldn’t justify their valuations, and investors had to step in to keep their portfolio businesses afloat. But…

India-New Zealand cricket clash sets new high for Disney’s Hotstar

A crucial knock-out cricket match between India and New Zealand shattered all previous on-demand video streaming records Wednesday, attracting over 47 million concurrent viewers to Disney’s Hotstar. The milestone exceeded the prior record of 44 million simultaneous viewers set by the Disney-owned streamer earlier this month. As far as concurrent viewers are concerned, Hotstar now…

Etaily is a “one stop solution” for consumer brands that want to enter Southeast Asia

E-commerce in Southeast Asia grew rapidly during the pandemic, and that momentum is continuing. A McKinsey report found that between now and 2026, the market is expected to triple at compound growth rate of 22%, hitting $230 billion in gross merchandise volume. Not surprisingly, global brands are eager to enter Southeast Asia. E-commerce enablement platform…