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from Gadgets Now Amazon sale ending soon: These smartphones from Realme, Xiaomi, Oppo and others are selling under Rs 15,000 https://ift.tt/3nBM6VL

from Gadgets Now Amazon sale ending soon: These smartphones from Realme, Xiaomi, Oppo and others are selling under Rs 15,000 https://ift.tt/3nBM6VL

Amazon disclosed Friday that it owns a 20% stake in Rivian, the electric automaker that filed for an IPO earlier this month. As of September 30, the e-commerce giant held equity investments, including preferred stock of Rivian that represented about 20% ownership interest, according to the filing. That holding had a “carrying value” of $3.8 billion, up from $2.7 billion as of December 31, 2020. The disclosure, which popped up in a regulatory filing , provides fresh insight into how closely Rivian’s future is tied to Amazon. Amazon has invested $1.345 billion into Rivian, according to the EV maker’s initial public offering. Amazon also recently purchased $490 million worth of convertible notes in Rivian that will convert to Class A shares after the IPO, pursuant to certain pricing provisions. Amazon is not only an investor in Rivian; it’s also a customer. In September 2019, Rivian entered into an agreement with Amazon to produce 100,000 electric delivery vans. Rivian disclosed earl...

Matt Bivons Contributor Share on Twitter Matt Bivons is CEO and co-founder of Canopy Servicing , an API-first platform for personalized and transparent lending. He previously served as VP and GM at GreenSky, and head of growth at Earnest and VaycayHero. Buy now, pay later (BNPL) is an old form of payment that is new again in a big way. And that could mean trouble for BNPL fintechs that are just getting to know the world of lending and the pitfalls associated with traditional banking infrastructure. Recent data from FIS — one of several payment processors — pegs BNPL at a $100 billion industry , or 2.1% of global e-commerce transactions. Marqeta, another processor, says BNPL transactions on its platform have increased 350% this year. The success of the BNPL format has been attributed to the lift it provides to merchants at checkout and the convenience it offers consumers seeking to avoid interest payments and debit card fees. Last year, at least 91% of consumer loans in ...

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from Gadgets Now Amazon sale ending soon: These smartphones from Realme, Xiaomi, Oppo and others are selling under Rs 15,000 https://ift.tt/3nBM6VL

There’s nothing like the growing pains of new adulthood, but for college-aged gen Z-ers who have spent these formative years in lockdown, it can be even more difficult to form meaningful friendships. While attending Columbia University remotely during the pandemic, first-generation college student Jamie Lee realized how this isolation was affecting her peers, especially those who would travel to school for their sophomore or junior years without having met any classmates in person yet. “Since I had first downloaded Instagram in middle school, I’ve always just been presenting myself online as an individual, but I felt like I was having a lot of anxiety about not presenting myself authentically online,” Lee told TechCrunch. “I wanted to lean into that idea of, okay, how can we find a way to connect people authentically? And I thought the best way to do that would be with our friends, who we’re most authentic around.” In summer 2020, Lee launched a no-code beta test for Flox , an idea f...