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Early Tesla investor DBL Partners leads $70 million investment in logistics firm Airspace

May 25, 2022 admin

Matt Mawson | Corbis Documentary | Getty Images Time-critical logistics start-up Airspace, which originally broke into the market handling shipments for emergency situations including organ transplants and life-saving medications, has nearly doubled its funding in a new round of venture capital led by DBL Partners, an impact investing firm that was an early investor in Tesla. The $70 million funding round — which also included new investors Telstra Ventures and HarbourVest, as well as existing investors Scale Ventures, Defy Ventures, Qualcomm Ventures and Prologis Ventures — brings Airspace’s total funding…

Mokens League Soccer Game Characters Dropping As NFTs

May 25, 2022 admin

The NFT characters power competitive gameplay for a chance to win tokens within the Mokens League, which will feature a variety of sports games across metaverses, enabling players to connect in their favorite virtual space and use their assets while playing fun games NFT-based eSports platform Mokens League Wednesday announced a limited mint of Genesis NFTs of its in-game characters will go on sale starting July 2022, that will give testers and holders the opportunity to give feedback to shape the game and help fix bugs before its official release…

Try these gas-saving tips before you hit the road this Memorial Day weekend

May 25, 2022 admin

Heading into the peak summer driving season, which kicks off on Memorial Day weekend, gasoline prices show no signs of slowing down. The national average for unleaded gas hit a new high of $4.59 per gallon Wednesday, with all 50 states above $4 per gallon, AAA data shows. Gas prices are now $1.56 more than a year ago and $1.05 more than they were when the war in Ukraine started in February, according to AAA spokesperson Andrew Gross. “That sent shock waves through the oil market that have kept oil…

Stocks making the biggest moves premarket: Dick’s Sporting, Express, Wendy’s and more

May 25, 2022 admin

Check out the companies making headlines before the bell: Dick’s Sporting Goods (DKS) – The sporting goods retailer’s shares slid 14.4% in the premarket after it issued a weaker-than-expected outlook for the full year as it adjusts for what it calls challenging macroeconomic conditions. Dick’s reported better-than-expected profit and revenue for its latest quarter, and comparable-store sales that fell less than expected. Express (EXPR) – The apparel retailer’s shares jumped 11.8% in premarket trading after reporting quarterly results that were better than expected. Express lost an adjusted 10 cents per…

NIA Seeks Death Penalty For Separatist Leader Yasin Malik In Terror Funding

May 25, 2022 admin

The NIA on Wednesday sought the death penalty before a Delhi court for Kashmiri separatist leader Yasin Malik, who had earlier pleaded guilty to all the charges, including those under the stringent Unlawful Activities Prevention Act (UAPA), in a terror funding case, court sources said. The agency told Special Judge Praveen Singh in in-chamber proceedings that Malik was responsible for the Kashmiri exodus. On the point of sentence, sources said that Malik submitted that he would not beg for mercy, and that court could decide at its discretion. The amicus…

Matrix-backed Country Delight Raises $108 Mn In Series D Funding

May 25, 2022 admin

Country Delight, India’s leading D2C food essentials brand, has raised $108M in a Series D round of funding. The round was led by Venturi Partners and Temasek with participation from SWC Global and Trifecta Capital. Existing investors, IIFL Asset Management, Elevation Capital, Orios Venture Partners and Matrix Partners India also participated in this round. This transaction takes the company’s total funding to $147M. Avendus Capital acted as the exclusive financial advisor to Country Delight on this transaction. Founded in 2013, Country Delight has grown to become India’s leading D2C fresh…

5 things to know before the stock market opens Wednesday

May 25, 2022 admin

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Nasdaq futures slide, a day after tech-heavy index sank more than 2% Traders on the floor of the NYSE, May 23, 2022. Source: NYSE U.S. stock futures fell Wednesday, one day after the Nasdaq dropped 2.4% as Snap‘s 43% slide on a profit warning dragged many other tech stocks lower. The Nasdaq’s bear market Tuesday was just shy of a 30% decline from its most recent high. The S&P 500 retreated 0.8%,…

Domestic Solar Capacity Installations Rise 50% To Over 3 GW In Jan-Mar: Mercom India

May 25, 2022 admin

Over 3 gigawatt (GW) of solar energy capacity was installed in India in January-March 2022, Mercom India said on Wednesday. The installation was 50 per cent higher than the 2 GW added in the same period of 2021, the research firm said in a report. “India added over 3 GW of solar capacity in Q1 (January-March) 2022, a 21 per cent rise compared to 2.6 GW in Q4 2021. On a year-on-year basis, installations rose by 50 per cent compared to the 2 GW added in Q1 2021,” the report titled ‘Q1…

Dick’s Sporting Goods shares sink after retailer cuts outlook for the year, joining broader retail trend

May 25, 2022 admin

A Dick’s Sporting Goods store stands in Staten Island on March 09, 2022 in New York City. Spencer Platt | Getty Images Dick’s Sporting Goods on Wednesday reported results for its fiscal first quarter that topped Wall Street’s expectations, as shoppers spent money on golf clubs, soccer gear and athletic apparel from brands like Nike and Adidas. But Dick’s isn’t immune to sky-high inflation and ongoing supply chain challenges. The company cut its financial forecast for the full fiscal year. Shares of the retailer fell around 13% in premarket trade.…

Techtors: Solving For Unemployment

May 25, 2022 admin

You set up Awign as a tech-led enterprise gig platform in 2016 along with Gurpreet Singh and Praveen Kumar Sah. What have been some changes that may have influenced your product along the way? Awign means removal of obstacles in Sanskrit and staying true to its name, we are committed to helping enterprises run their businesses at scale by solving and managing end-to-end outcome-based execution. We closely work with enterprises to meet business requirements through eight core on-ground and digital enterprise functions. Our most recent addition, Awign Expert, helps businesses…