Construct Capital’s $300M Fund Targets Critical Infrastructure Automation Dayna Grayson and Rachel Holt, co-founders and general partners of Construct Capital, continue to invest in innovation that some investors may not find all that…
Alibaba-Backed Deeproute Further Slashes L4 Driving Costs to $3,000 Only four months after announcing its intention to offer its self-driving solution for $10,000, Deeproute.ai, located in Shenzhen and Fremont, revealed that the price has…
Material Product System (MPS) Material Systems refers to all internal computer systems, communications systems, embedded manufacturing systems, and facility infrastructure systems that are material to a person’s business, finances,…
Single-entry Bookkeeping Single-entry bookkeeping, also known as single-entry accounting, is a bookkeeping method that relies on a one-sided accounting entry to keep financial records. It is a…
Double-entry Bookkeeping Double-entry bookkeeping, also known as double-entry accounting, is a method of bookkeeping that relies on a two-sided accounting entry to maintain financial information. It is…
Accounting Identity – In Accounting An accounting identity is an equality that must be true regardless of the value of its variables in accounting, finance, and economics, or a statement…
Important Difference between Memo and Letter A letter is a brief or long message conveyed from one person to another, whereas a memo is a short message given from one person…
National Account Systems (NAS) National accounts, also known as national account systems (NAS), are the implementation of comprehensive and consistent accounting techniques for measuring a country’s economic activity. These…
Concept of Material Usage or Quantity Variance (MUV) The discrepancy between the actual amount of materials used in the manufacturing process and the amount planned to be used is referred to as a…
Toyota Slow Roll into Bevs Toyota is the world’s largest carmaker, selling everything from internal combustion engines to electric cars, but its all-electric approach has lagged behind other manufacturers such…
Swiggy Backs Bike Taxi Platform Rapido in $180 Million Funding Swiggy has led a $180 million funding round for bike taxi startup Rapido, the two companies said on Friday, as the Indian food delivery company…
The Downsides of Hostile Takeovers The high failure rate isn’t the only thing that keeps hostile takeovers from succeeding. Other possible drawbacks include tarnishing the hostile bidder’s deal-making record and…