Suppose you are someone who owns an electric vehicle. In that case, you deserve some praise for taking this step and favouring the environment.

Electric cars offer you many benefits; one of the most important ones is benefiting the environment.

EVs or electric cars are efficient and fun. They cut down the amount of emissions that a vehicle exhales and save you a ton of money. Charging stations are used to charge these cars, and you can even get them installed in your home; how good is that?

To benefit yourself even more, you can do a few things; you could easily install a charging system at your home, but when you do, ensure the company is a certified OLEV installer. This will help you, as it will cut down the charging cost as well. First of all, do your research and choose a reliable supplier for the charging … Read the rest

A small Washington-based company came to an agreement to grant an exclusive perpetual technology license to Baristas Coffee Co Inc. (OTC-PNK:BCCI). ReelTime Media (OTC-PNK:RLTR) announced the technology/software license and development agreement this morning, where in exchange for the global perpetual exclusive license from ReelTime for the Munchie Magic concept and convenience store derivative Virtual Restaurants, ReelTime will receive a per transaction license fee of $0.35 in perpetuity in conjunction with the terms of the agreement beginning on Jan. 1, 2021, according to the release.

Reeltime Rentals Inc. develops, produces, and distributes Virtual Reality content and technologies. The company has an end to end production, editing, and distribution capabilities for internal and external projects. It anticipates distributing content made by third parties over its distribution network through licensing, acquisition and joint ventures.

The company engages in developing and producing an end to end state of the art Virtual Reality suite and … Read the rest

This is the web version of Data Sheet, a daily newsletter on the business of tech. Sign up to get it delivered free to your inbox. 

In what may be the least surprising tech news development of 2021 so far, Intel announced on Wednesday morning that CEO Bob Swan is leaving and will be replaced by VMware CEO Pat Gelsinger.

It’s a tough break for Swan, the former CFO who had a long and illustrative career in finance before ending up as the surprise pick for CEO at Intel almost exactly two years ago. While all of Intel’s previous CEOs, starting with Robert Noyce in 1968, had a background in engineering and science, Swan was an MBA whose career motto was “finance is not about counting the beans—it’s about helping the beans grow.” You can forgive Intel’s board, which was not successful in recruiting some more high-profile tech execs … Read the rest

Thanks in part to accelerating electric vehicle (EV) demand, the graphite market could be worth up to $21.6 billion by 2027 from $14.3 billion in 2019. However, that may only be the start. That’s because by 2030, the world could see 125 million EVs on the road, which means we’ll need a good deal of graphite, according to Mining News North. “This is because graphite serves as the anode in the lithium-ion batteries that power these EVs, not to mention the growing number of portable tools and electronics that use the same type of battery.” Some of the top companies that depend on strong graphite supply include Gratomic Inc. (TSXV:GRAT) (OTCQB:CBULF), Tesla Inc. (NASDAQ:TSLA), Apple Inc. (NASDAQ:AAPL), Panasonic Corporation (OTC:PCRFY), and Nio Inc. (NYSE:NIO).

Gratomic Inc. (TSXV:GRAT)(OTCQB:CBULF) BREAKING NEWS: Gratomic Inc. wishes to announce that it has upgraded its pre purchase agreement with technology company, TODAQ Star Program Phase 1 … Read the rest

Nothing says this place is popping more than millions of dollars in a round for a .

While Europe was previously considered a dreary place for startup creation, the impression has changed in recent years. Venture capital firms have since zoned in on the area, putting billions of dollars into the continent: In September, Swedish fintech Klarna $650 million at a $10.6 billion valuation. Venture capital firm Sequoia in November revealed a push into Europe, and London-based virtual events startup Hopin raised at a $2.1 billion valuation that same month.

Adding to that list? London-based payments and fraud prevention company On Tuesday, the startup announced it had raised some $450 million in Series C funding led by Tiger Global Management. Greenoaks Capital, DST Global, Coatue Management, Blossom Capital, Endeavor Catalyst, and Singapore’s Sovereign Wealth Fund GIC also invested.

The funding round propels its valuation to $15 billion, … Read the rest

Online supermarket Ocado has become the first big retailer to warn of shortages of some products.

It told customers in an email that there may be “an increase of missing items and substitutions over the next few weeks”.

Staff sickness and self-isolation means some food producers are cutting the number of product lines they offer.

While customers might not get their exact product choice, plenty of food should be available, Ocado said.

“Staff absences across the supply chain may lead to an increase in product substitutions for a small number of customers as some suppliers consolidate their offering to maintain output,” a spokesperson said.

The news comes after a rush of online food orders for supermarkets, as shoppers try to stay at home after the new lockdown started.

Within a couple of hours of Prime Minister Boris Johnson’s speech to the nation on Monday, shoppers reported problems with Sainsbury’s and … Read the rest

Stocks dropped on Monday as investors assessed equity valuations and the outlook for more COVID-19 relief stimulus, along with ongoing political turmoil.

The Dow Jones Industrials retreated 85.57 points to 31,012.40.

The S&P 500 moved downward 13.91 points from Friday’s all-time high to 3,810.77

The NASDAQ shed 77.64 points to 13,124.34, from Friday’s all-time high.

The stock market is coming off a solid week to start 2021 as investors looked past a violent siege of the Capitol and focused on the prospect for additional fiscal stimulus after a Democratic sweep of Congress. The S&P 500 climbed for four days straight to a record with a 1.8% gain last week. The Dow picked up 1.6%, and the tech-heavy NASDAQ gained 2.4% in the prior week, also reaching all-time highs.

Yet the rally in the face of political upheaval and a pandemic has raised concerns that investors have grown too exuberant. Shares … Read the rest

Staples offered to buy the parent of Office Depot in a deal valuing the company at $2.1 billion, the latest attempt to consolidate the office-products space to better compete against online retailers.

Closely held Staples, under the corporate name USR Parent Inc., said it sent a letter to ODP Corp. laying out a plan to buy the company for $40 per share in cash. That’s 8.2% above Friday’s close, and Staples said it represents a 61% premium over ODP’s average closing price over the last 90 days.

ODP shares jumped as much as 17% in New York trading. ODP didn’t immediately respond to a request for comment.

A deal would bring together two of the biggest names in office supplies at a time when brick-and-mortar retailers are struggling to cope with broad economic shutdowns in the pandemic. Staples had previously tried to buy Office Depot, but the $6.3 billion acquisition … Read the rest