Not every SPAC is pure garbage
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter for your weekend enjoyment. Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that a.....»»
The Moto G Pure might be Motorola’s most affordable entry-level phone yet
Motorola's upcoming Moto G Pure manages to stay affordable while still offering respectable features compared to other budget phones......»»
Pure-play foundries poised to enjoy profit growth in 2022
Rising wafer ASPs will continue to drive pure-play foundries' profit increases next year, according to industry sources......»»
Judge Releases Redacted Lunar Lander Lawsuit From Bezos" Blue Origin Against NASA-SpaceX Contract
ytene writes: As reported by CNBC, the US Court of Federal Claims has released a redacted version of the lawsuit, filed by Jeff Bezos' Blue Origin, in a complaint against NASA. Earlier this year, the agency had awarded a $2.9 billion contract to Spac.....»»
Gogoro will go public on Nasdaq after $2.35B SPAC deal
Gogoro is going public. The company, which is best known for its electric Smartscooters and swappable battery infrastructure, announced today it will list on Nasdaq through a merger with Poema Global, a SPAC affiliated with Princeville Capital. The d.....»»
Forge’s SPAC deal is a bet on unicorn illiquidity
The total addressable market that Forge serves is growing by the day, with more and more unicorns being born and a steady drumbeat of unicorn IPOs doing little to clear the decks. As Warby Parker, Freshworks, Amplitude and Toast look to li.....»»
UMC, VIS see revenue hit another record highs
Pure-play foundry United Microelectronics (UMC) saw its August revenue hit a record high for the fourth consecutive month, while revenue at fellow foundry company Vanguard International Semiconductor (VIS) also came to the highest monthly level......»»
Highlights of the day: Taiwan IC vendors set to raise prices
Tight supply has pushed up foundry costs, fueling pressure on IC design clients. First-tier IC design houses are now ready to increase prices for their chip solutions in first-quarter 2022. Pure-play foundry houses UMC and VIS have reported record sa.....»»
China foundries enjoy robust demand from domestic market
China-based pure-play foundries including Semiconductor Manufacturing International (SMIC) and Huahong Group have enjoyed robust demand from China's domestic IC sector thus far this year, and are poised to post impressive profit increases in 2021, ac.....»»
Sportscar Manufacturer Debuts World"s First All-Electric High-Performance Hypercar
There's something new in the world of expensive high-performance sportscars (or "hypercars".) Italian carmaker Automobili Pininfarina "has debuted the Battista, the first pure-electric hyper GT, on the streets of California as part of Monterey Car We.....»»
Zillow, Other Tech Firms Are In an "Arms Race" To Buy Up American Homes
An anonymous reader quotes a report from Motherboard: Zillow is doing a $450 million bond deal to get the money it needs. Opendoor went public via a Chamath Palihapitiya-backed SPAC deal to scale as quickly as it can. Even Rocket Homes is getting int.....»»
Hacking Garbage Trucks to Bring Broadband to Those in Need
What if cities collected real-time information that got services to the people who need them most? And what if they could do it faster AND cheaper? The post Hacking Garbage Trucks to Bring Broadband to Those in Need appeared first on Make: DIY Proje.....»»
Cannabis giant Leafly is going public through a SPAC merger
Leafly is turning to a SPAC with Merdia Merger Corp. I to go public. The deal, valued at about $532 million and expected to generate proceeds of up to $161.5 million, includes Leafly’s recent capital raise of $31.5 million from investors, including.....»»
UMC, VIS post record July revenue
Pure-play foundries United Microelectronics (UMC) and Vanguard International Semiconductor (VIS) both saw their July revenue hit record highs, reaching NT$18.37 billion (US$659.7 million) and NT$3.68 billion, respectively......»»
A lot of cash and little love: An insurtech story
The players in the space that we can name and track are generally cash-rich and market-sentiment poor. Hippo began to trade earlier this week after completing its SPAC combination. The home-focused U.S. neoinsurance provider initially stuck.....»»
Nikola cuts delivery outlook for its electric semi trucks
Nikola, the electric truck startup that went public via a SPAC merger, warned Tuesday that supply chain constraints are causing numerous delays forcing it to slash its vehicle delivery projections in half. The company, which is still in pre-productio.....»»
ISS Briefly Loses Control After New Russian Module Misfires
destinyland shares a report from CNN: An unusual and potentially dangerous situation unfolded Thursday at the International Space Station, as the newly-docked Russian Nauka module inadvertently fired its thrusters causing a "tug of war" with the spac.....»»
Egyptian ride-sharing company Swvl plans to go public in a $1.5B SPAC merger
Queen's Gambit Growth Capital, the women-led SPAC in charge of the deal, called Swvl 'a disruptive platform that solves complex challenges and empowers underserved populations.' Cairo and Dubai-based ride-sharing company Swvl plans to go pu.....»»
Water as a metal
Under normal conditions, pure water is an almost perfect insulator. Water only develops metallic properties under extreme pressure, such as exists deep inside of large planets. Now, an international collaboration has used a completely different appro.....»»
Lucid Motors’ SPAC merger approved after executives issue plea to shareholders to vote
Shareholders approved Friday EV startup Lucid Motors’ merger with special purpose acquisition company Churchill Capital IV, after the companies extended the deadline by one day because not enough retail investors showed up to cast their vote. The i.....»»
After going public via a SPAC, Taboola acquires e-commerce marketing network Connexity for $800M
Taboola, the company that operates a popular grid-based advertising and content recommendation network across media properties, today announced an acquisition to expand its reach further into e-commerce, its first big move since going public in June.....»»