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Uber-rival Rapido doubles valuation to $2.3B following Swiggy stake sale

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Rapido, a popular ride-hailing platform in India that competes with Uber, has doubled its valuation to $2.3 billion following a secondary share sale by food delivery giant Swiggy. The share sale comes just weeks after Rapido began piloting food deliveries, edging into Swiggy’s core territory. Swiggy has offloaded its entire 12% stake in Rapido for […]

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Stellantis cancels plans for an electrified Jeep Gladiator

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One year ago, Stellantis announced plans to add an electrified 4xe plug-in hybrid Jeep Gladiator to North America by the end of 2025. The electrified Jeep Gladiator never made it into production. The automaker will no longer include an electrified Gladiator in its Jeep lineup as it reassesses its product strategy, the company told TechCrunch

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Automaker giant Stellantis says customers’ personal data stolen during breach

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Stellantis, the car-making giant behind Chrysler, Fiat, Jeep, Dodge, Ram, and other brands, has confirmed a data breach involving customers’ personal information.  In a statement published Sunday, Stellantis said it experienced a breach of a “third-party service provider’s platform that supports our North American customer service operations.”  The statement said “contact information” was taken, but

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TechCrunch Mobility: The two robotaxi battlegrounds that matter

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Welcome back to TechCrunch Mobility, your hub for all things “future of transportation.” To get this in your inbox, sign up here for free — just click TechCrunch Mobility! Seven or eight years ago, anyone consuming business tech news might have come across the phrase “the race to build autonomous vehicles.” In private conversations, company

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Hundreds of flights delayed at Heathrow and other airports after apparent cyberattack

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Travelers at major European airports including Heathrow, Brussels, and Berlin faced significant delays this weekend following what Collins Aerospace described as a “cyber-related incident.” Collins Aerospace makes technology for airline check-in desks, so after the apparent cyberattack, airlines were forced to revert to manual check-ins, according to the Guardian. According to data from Flightradar24, more

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Nvidia eyes $500M investment into self-driving tech startup Wayve

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Nvidia CEO Jensen Huang descended on the United Kingdom this week, armed with a pledge to invest £2 billion ($2.6 billion) to supercharge the country’s AI startup ecosystem. Wayve, the U.K.-based self-driving tech startup, could be one of those to receive funds from Nvidia’s AI investment commitment, the company told TechCrunch. Wayve said it has

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Tesla is redesigning its door handles following safety probe, Bloomberg investigation

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Tesla is “working on” redesigning its door handles so they are less likely to trap people inside the company’s cars, chief designer Franz von Holzhausen told Bloomberg News on Wednesday. The news comes just one day after the National Highway Traffic Safety Administration (NHTSA) opened an probe into Tesla’s door handles, and one week after

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