Tuesday , 10 February 2026

Recent Posts

Hyundai walks back on comment linking it with Apple’s car plans

Bloomberg Hyundai Motor backed away from a statement confirming it is in talks with Apple Inc. on developing self-driving car that fuelled an $8 billion surge in the Korean automaker’s market value, saying instead that it received requests for potential cooperation from a number of companies. Revising its statement for the second time in a matter of hours, Hyundai said …

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Rivian close to raise funds at $25b valuation

Bloomberg Rivian Automotive Inc., the electric-truck startup backed by Amazon.com Inc. and Ford Motor Co., is close to raising a new round of funding valuing it at about $25 billion, according to people familiar with the matter. Several existing Rivian investors are participating in the round, which will raise several billion dollars. Existing investors in company include Amazon, T. Rowe …

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Equifax all set to tackle e-commerce fraud with $640mn Kount deal

Bloomberg Equifax Inc. agreed to acquire Kount Inc., which offers fraud protection for e-commerce retailers, for $640 million. The transaction is expected to close in the first quarter, Atlanta-based Equifax said in a statement Friday. Kount’s employees will continue to be based in Boise, Idaho, and will report to Equifax’s US information-solutions unit. The credit-reporting firm has been building out …

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