Last summer, in the wake of George Floyd’s murder, Best Buy committed to “do better” when it came to supporting communities of color. As part of the retail giant’s self-proclaimed mission to better address underrepresentation and technology inequities, the company announced today that it is investing up to $10 million in Brown Venture Group. Minnesota-based…
IoT News spoke with Astrocast COO Laurent Vieira de Mello to discuss the satellite company’s latest ventures and its future roadmap ahead of its appearance at IoT TechEx Global from 6-7 September. Since 2018, Vieira de Mello has overseen operations at Astrocast as it continues to deploy its direct-to-satellite IoT network into orbit. As of…
July 27, 2021 Source: MCA Connect | Manufacturing Tomorrow Data comes at us fast and in many forms. These different forms can include structured, semi-structured, and unstructured data and many people do not realize that a data warehouse and a data lake handle the data differently. A modern data estate should provide multiple methods of…
In Africa, chartering vessels and processing ocean freight can be challenging. The sector is largely inefficient and fragmented. Merchants also struggle to access finance to perform cross-border trade in the continent. A couple of digital freight companies are tackling this problem, like Nigerian-based MVX. The company today is announcing its $1.3 million seed round to…
Logistics giant DHL has announced plans to build the world’s first all-electric air cargo network in partnership with Seattle-based Eviation. World leaders are set to gather in Glasgow, UK in November for the UN Climate Change Conference where it’s hoped the international community can agree on national measures to help address the global crisis. However,…
July 28, 2021 The shifting of where compute functionality occurs has varied over the past few decades from centralized (remember platforms like mainframes and thin clients?) to distributed. Of late, there has been a lot about the rise of Edge Computing. Rather than an end state, this is just another milestone in the ongoing evolution…
The twice-issued recall for 2017 to 2019 Chevrolet Bolt electric vehicles cost General Motors $800 million, the company said in its second quarter earnings statement Wednesday. Costs associated with fixing defective Bolt batteries make up the lion’s share of GM’s $1.3 billion in warranty expenses last quarter. CEO Mary Barra specified on an investor call…
Research from Berg Insight suggests the number of global cellular IoT connections continued to grow at a healthy pace last year. An overall increase in the number of IoT connections is unsurprising over the past year as more people became accustomed to remote working and finding ways to make their home environments more productive and…
July 28, 2021 The shifting of where compute functionality occurs has varied over the past few decades from centralized (remember platforms like mainframes and thin clients?) to distributed. Of late, there has been a lot about the rise of Edge Computing. Rather than an end state, this is just another milestone in the ongoing evolution…
Today after the bell, U.S. ride-hailing company Lyft reported its second quarter financial performance. In aggregate the company’s performance was a rebound from the year-ago second quarter, which was heavily impacted by the onset of the COVID-19 pandemic and resulting lockdowns in the United States. Lyft also managed to produce positive adjusted EBITDA in the…
