Bloomberg A Singapore startup is seeking to connect potential buyers and sellers of solar power directly. Electrify Pte’s platform lets owners of homes and businesses bid and offer rates for specific amounts of electricity. By selling directly to users rather than the grid, solar owners can get more money for their power, while consumers avoid paying a premium for renewable ...

It’s the technology, stupid! Congress hauled the leaders of Amazon, Apple, Facebook and Google up on Capitol Hill the other day, digitally of course. They stand accused of all manner of abuse of power, but mainly (1) using their immense market presence to squeeze competitors and (2) tapping their vast databases to shape Americans’ political, cultural and economic behaviour. The ...

Yet another storied clothing retailer has found itself no match for the financial pain brought on by the pandemic. Lord & Taylor, the department store chain that was once a star among the glittering emporiums of Fifth Avenue, has filed for Chapter 11 bankruptcy. Lord & Taylor filed along with Le Tote, the startup clothing rental company that had acquired ...