Tuesday, May 4, 2021

Lyft sees sustained profit starting in third quarter on cost cuts, demand rebound

Lyft Inc surprised Wall Street with significantly lower losses than expected and said it would deliver dependable profit on an adjusted basis beginning in the third quarter thanks to cost cuts that allow the company to earn more per ride. https://ift.tt/3xMptC2

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Israeli startup Claroty, which makes security tech for hospitals, manufacturing, and industrial systems, raised a $150M Series F, sources say at a $3B valuation (Meir Orbach/CTech)

Meir Orbach / CTech : Israeli startup Claroty, which makes security tech for hospitals, manufacturing, and industrial systems, raised a $...