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Spanish Car Subscription Startup Revel Raises $123M for Expansion

Spanish Car Subscription Startup Revel Raises $123M for Expansion

Business
The car sales market has faced challenges in recent years due to economic conditions and evolving consumer preferences, including the rise of ride-hailing apps and alternative transportation options. Spanish startup Revel is addressing this shift by offering a digital car "subscription" service, securing €115 million ($123 million) in funding to expand its flexible lease agreement model, which includes insurance and maintenance. This service is aimed at consumers willing to commit for at least a year, providing a faster, more convenient, and flexible alternative to traditional leasing providers. Revel's approach is innovative, but its sourcing and business model remain undisclosed, with CEO Enrique de Mateo guarding the details. However, the company's structured financing tranche of €1...
OnePlus Teases Upcoming Release of the ‘OnePlus Pad Go’ Tablet

OnePlus Teases Upcoming Release of the ‘OnePlus Pad Go’ Tablet

Technology
OnePlus, known for its smartphones, made a foray into the tablet market earlier this year with the introduction of the OnePlus Pad. Now, the company is tantalizing its audience with hints of a more budget-friendly tablet, the "OnePlus Pad Go." This new tablet has garnered attention as a potentially more affordable alternative to OnePlus' flagship tablet model. While details about the device are still scant, it is believed to cater to cost-conscious consumers. OnePlus has recently begun teasing the impending release of this tablet, although it hasn't explicitly mentioned its name. Instead, the OnePlus India Twitter account posted a cryptic teaser, providing a brief glimpse of the tablet's outline. From the limited information available, it seems to share a similar design foundation w...
Shah Rukh Khan’s Movie ‘Jawan’ Box Office Performance on Day 8: Approaching the 400 Crore Milestone

Shah Rukh Khan’s Movie ‘Jawan’ Box Office Performance on Day 8: Approaching the 400 Crore Milestone

Entertainment
"Shah Rukh Khan's blockbuster film 'Jawan' shows no signs of slowing down at the box office, shattering collection records along the way. According to the latest update, the film directed by Atlee is poised to enter the prestigious 400 crore club. On Day 8 (Thursday), 'Jawan' raked in ₹18 crore at the Indian box office, as reported by Sacnilk. The Hindi version of the movie has amassed ₹345.88 crore in total. Additionally, the Tamil and Telugu versions have contributed ₹23.06 crore and ₹17.34 crore, respectively. In total, Shah Rukh Khan's cinematic triumph has amassed a staggering ₹386.28 crore at the Indian box office. Trade analyst Taran Adarsh emphasized the significance of the film's second-week performance in determining its "lifetime total." In a post on X (formerly known as Twi...
31% of the Universe: Matter’s Cosmic Share

31% of the Universe: Matter’s Cosmic Share

Science
A Breakthrough in Cosmic Matter Measurement: Matter Constitutes 31% of the Universe One of the most profound inquiries in cosmology has always been, "How much matter truly exists in the vast expanse of our universe?" Now, an international team, including researchers from Chiba University, has accomplished the daunting task of measuring the total amount of matter for the second time. Their findings, published in The Astrophysical Journal, reveal that matter comprises a significant 31% of the entire cosmic matter and energy composition, leaving the remainder shrouded in the enigmatic veil of dark energy. Dr. Abdullah, a scientist from the Research Institute of Astronomy and Geophysics-Egypt, Chiba University, Japan, explains, "About 80% is made of dark matter, whose mysterious nature ...
USB-C AirPods Pro 2: Exclusive Lossless Audio with Apple Vision Pro

USB-C AirPods Pro 2: Exclusive Lossless Audio with Apple Vision Pro

Technology
Apple's recent product unveiling included not only the iPhone 15 and iPhone 15 Pro models but also an updated version of the AirPods Pro, referred to as AirPods Pro 2, featuring a USB-C charging case. While the shift to USB-C from Lightning is the primary highlight, Apple has also made improvements to audio quality, although these changes may not sit well with some customers. As reported previously, the new AirPods Pro 2 now offer enhanced dust resistance and support for 20-bit 48kHz lossless audio when connected to the Vision Pro headset. It initially appeared unusual for Apple to restrict this significant audio feature to the new AirPods Pro 2 when the original model is just a year old, but that's precisely what they have done. According to the latest PowerOn newsletter by Bloombe...
Victorious Vintage: 2023 Detroit Auto Show Winner – Classic Fiat 500

Victorious Vintage: 2023 Detroit Auto Show Winner – Classic Fiat 500

Business
"The Quirky Charm of the 2023 Detroit Auto Show: A Vintage Fiat 500 Shines Amidst Familiarity" The 2023 Detroit Auto Show proved to be an unusual affair. On the upside, there were no repeat incidents of being locked out of the bathrooms by the secret service this time around. However, on the downside, the event's new car reveals felt scarcer than ever. While Ford presented a facelifted F-150, Cadillac showcased an updated CT5, GMC introduced a new Acadia, and Jeep flaunted an enhanced Gladiator, there was an undeniable absence of truly groundbreaking innovations at the show formerly known as NAIAS. But amid this sea of the familiar, there emerged an unexpected star – a 1962 Fiat 500 that exuded a sense of nostalgia and charm reminiscent of a desert oasis. Yes, it may be my second ye...