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.....»»
Ford-backed Solid Power said in talks with Decarbonization SPAC
The solid-state battery startup also counts BMW among its investors......»»
Pure Storage"s FlashBlade Converged Hardware is Generally Available
After months of limited availability, the company's converged systems for unstructured and big data workloads is ready for all comers......»»
Don’t trust that SPAC deck
The continuing saga of Lordstown Motor’s struggles as a public company took a new turn today as the electric truck manufacturer made yet more news. Bad news. Shares of Lordstown are down sharply today after the company reported in an SEC filing.....»»
UMC posts record May revenue
Pure-play foundry United Microelectronics (UMC) has reported revenue increased 4.9% sequentially and 16.6% on year to a record high of NT$17.19 billion (US$620 million) in May 2021......»»
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.....»»
Autonomous vehicle startup Aurora in final talks to merge with Reid Hoffman’s newest SPAC
Autonomous vehicle startup Aurora is close to finalizing a deal to merge with Reinvent Technology Partners Y, the newest special purpose acquisition company launched by LinkedIn co-founder and investor Reid Hoffman, Zynga founder Mark Pincus and mana.....»»
Optiv Ranked Number One Pure-Play Cybersecurity Solutions Provider for Fifth Consecutive Year
DENVER–(BUSINESS WIRE)– #IT–Optiv Security, an end-to-end cybersecurity partner delivering advisory, deployment, and operational services and solutions, today announced it has been recognized as the top pure-play security solutions.....»»
Space junk: Houston, we have a problem
When we think of space, we think big and empty but when it comes to Earth's orbit, it's cluttered with millions of pieces of garbage that we call space junk......»»
Yieldstreet raises $100M as it mulls going public via SPAC, eyes acquisitions
These days, investing goes way beyond the stock market. And in recent years there’s been a growing number of startups which aim to give more people access to a wider array of investment opportunities. Today, one of those startups has raised a signi.....»»
BMW i4 sedan and BMW iX crossover expand pure electric offerings to a broader audience
BMW unveiled a pair of electric cars today, known as the BMW i4 and BMW iX, which promise to bring tons of tech, and about 300 miles of range to the very heart of the market. Beyond that, the automaker promises a sustainable approach to its EV produc.....»»
NXP is yet another vendor striking long-term deal with UMC
NXP Semiconductors is another chip vendor which has struck a long-term deal with United Microelectronics (UMC) under which the pure-play foundry will have some of its newly-established production capacity reserved for the customer for as long as six.....»»
GM, Palantir-backed Wejo to go public via SPAC
Wejo, the connected vehicle data startup backed by GM and Palantir, plans to go public through a merger with special purpose acquisition company Virtuoso Acquisition Corp. The agreement, announced in a regulator filing Friday, will give the combined.....»»
The SPAC trash ticker is counting down
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week had the whole crew aboard to record: Grace and Chris making us sound good, Danny to provide levity, Natasha.....»»
Daily Crunch: Saving-investing app Acorns files to go public in $2.2B SPAC deal
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package. Hello and welcome to Daily Crunch for Thursday, May 27. From the home desk, TechCrunch has a few notes to.....»»
Acorns’ SPAC listing depicts a consumer fintech business with a SaaSy revenue mix
Acorns feels like a company going public a year or two early, which is a bit of the point of SPACs, frankly. Another day, another unicorn public offering. Today it’s Acorns, a consumer fintech service that blends saving and investing.....»»
Another TSMC employee infected with coronavirus
One of TSMC's employees living in New Taipei City has been tested positive for COVID-19, according to the pure-play foundry. The Taiwan-based foundry has seen two employees infected with the coronavirus thus far this year......»»
EV fast charger developer Tritium to go public via SPAC merger at $1.2B valuation
Another day, another mobility SPAC deal. This time, it’s Tritium, a Brisbane-based developer and producer of direct current fast EV chargers that is taking the SPAC path to the public market in a deal valuing the company at $1.2 billion. Tritium sa.....»»
Dogs of Lordstown
Lordstown is not the only SPAC that is going to see some daylight between its pitch and its performance. But it's a pretty stark reminder that SPAC decks are sales pitches, not promises. The lackluster performance of shares in companies tha.....»»
Pure-play foundries expanding capacity with prepayments from clients
TSMC and other Taiwan-based pure-play foundries intend to carry out their capacity expansion projects cautiously and progressively to avoid the risk of overcapacity......»»
Qualcomm strikes long-term deal with UMC, sources say
Qualcomm is believed to have struck a long-term deal with United Microelectronics (UMC) under which the pure-play foundry will provide capacity support for the chip vendor over six years, according to industry sources......»»