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Posts Tagged ‘brazil’

OXIS Energy Lithium-Sulfur Batteries To Be Produced In Brazil

02.16.2019 · Posted in Cars Articles, Other Vehicles Articles

OXIS Energy attracted $60 million investment to build small production facility OXIS Energy is progressing on the way to commercialize its  lithium-sulfur (Li-S) battery, which already offers energy density of more than 400 Wh/kg and by the end of 2019 are expected to improve to 500 Wh/kg. The company signed contract with CODEMGE PARTICIPACOES SA, ...

Investors are pouring money into Latin America’s logistics and shipping businesses

New technology companies are poised to transform the shipping and freight industry across Latin America. Startups like Liftit, a Colombian provider of trucking services, and Nowports, a Mexican freight shipping startup, are angling to be the next Convoy and Flexport — at a time when shipping and logistics business in Latin America is booming thanks ...

Electric scooter startup Grin merges with Brazil-based Yellow

Consolidation in the micromobility space has arrived — in Brazil, at least. A few months after Y Combinator-backed Grin merged its electric scooter business with Brazil-based Ride, it’s now merging with Yellow, the bike-share startup based in Brazil that has also expressed its ambitions to get into electric scooters. If Yellow sounds familiar to you, ...

A private equity bet in Latin America proves the strength of fintech investments there

Latin America is getting another fintech unicorn thanks to Advent International’s acquisition of a 51 percent stake of Prisma Medios de Pago, an Argentine payments company formed as a joint venture between Visa International and local banks. The deal, which values Prisma at $1.42 billion, is yet another sign of Latin America’s growing prominence for ...

Facebook is launching political ad checks in Nigeria, Ukraine, EU and India in coming months

Facebook is launching some of its self-styled ‘election security’ initiatives into more markets in the coming months ahead of several major votes in countries around the world. In an interview with Reuters the social networking giant confirmed it’s launching checks on political adverts on its platform in Nigeria, Ukraine and the European Union, reiterating too that ...

Contabilizei raises $20 million to ease Brazilians’ tax pain

Online tax filing and accounting service, Contabilizei, has raised $20 million in a new round of financing led by Point72 Ventures, the early stage investment arm associated with hedge fund guru Steven Cohen’s Point72 Asset Management. Smart money in both the venture and private equity space has been long Brazil for a bit, and the new investment ...

Why Silicon Valley needs more visas

Henrique Dubugras Contributor Share on Twitter Henrique Dubugras is the founder Brex, the billion-dollar corporate credit provider for startups. When I hear protesters shout, “Immigrants are welcome here!” at the San Francisco immigration office near my startup’s headquarters, I think about how simple a phrase that is for a topic that is so nuanced, especially ...

Apple losses trigger a plunge in U.S. markets

Bad news from Apple and signs of slowing international and domestic growth sent stocks tumbling in Thursday trading on all of the major markets. Investors erased some $75 billion in value from Apple alone… an amount known technically as a **** ton of money. But stocks were down broadly based on Apple’s news, with the Nasdaq ...

Fans of Brazil’s new fascist president chant “Facebook! Facebook! Whatsapp! Whatsapp!” at inauguration

Brazil's new president Jair Bolsonaro rode to power on a platform of racist and gendered discrimination, genocide for indigenous people, homophobia, torture apology, and the abolition of human rights; he owes his victory to political spamming and conspiracy theories spread on Facebook at Whatsapp.

When someone tells you who they are, believe them ...