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.....»»
Foundries likely to raise quotes again
Pure-play foundries have raised their quotes starting the second quarter of 2021 to reflect tight capacity, and are likely to adjust upward the prices again in the third quarter, according to sources at Taiwan-based IC design houses......»»
What Exactly Is Your Brain Doing When Reading Code?
Mulling over a computer program is not like thinking in everyday language—but it's not pure logic either Coding is becoming an increasingly vital skill. As more people learn how to code, neuroscientists are beginning to unlock the mystery beh.....»»
RPA market surges as investors, vendors capitalize on pandemic-driven tech shift
Whether pure-play RPA will survive as a category remains to be seen, but it will likely be around for a long time under the intelligent process automation umbrella. When UIPath filed its S-1 last week, it was a watershed moment for the robo.....»»
Private equity, a SPAC and an IPO walk into a bar
Choosing which option is best from a buffet's worth of possibilities is an interesting task for startup CEOs and their boards. The first quarter of 2021 was a busy season for technology exits. Coming off a hot period in the final quarter of.....»»
As Compass downsizes its IPO, signs of weakness appear for high-growth companies
Taken together, the various market signs could point to a modest to moderate cooling in the IPO market. For a host of companies looking to debut via a SPAC, that could prove to be bad news. On the same day that Deliveroo’s IPO fizzled.....»»
UMC, PSMC to raise foundry quotes by another 10-20%
Pure-play foundries United Microelectronics (UMC) and Powerchip Semiconductor Manufacturing (PSMC) will initiate further price hikes of about 10-20% with the new pricing to be effective starting April, according to industry sources......»»
Former GM exec"s SPAC to acquire electric aircraft startup Lilium
Qell Acquisition Corp., led by former GM North America President Barry Engle, plans to take the German startup public through a reverse merger in a deal that values the combined company at about $3.3 billion.....»»
Stanford Scientists Reverse Engineer Moderna Vaccine, Post Code On Github
An anonymous reader quotes a report from Motherboard: Stanford scientists saved drops of the COVID-19 vaccine destined for the garbage can, reverse engineered them, and have posted the mRNA sequence that powers the vaccine on GitHub for all to see. T.....»»
Daily Crunch: Boston Dynamics shows off its next commercial robot
We’ve got the details on Boston Dynamics’ upcoming warehouse robot Stretch, Apple releases security patches and Cazoo is going public via SPAC. This is your Daily Crunch for March 29, 2021. The big story: Boston Dynamics shows off its nex.....»»
Knock is the latest proptech said to be eyeing the public markets
Another proptech is considering raising capital through the public arena. Knock confirmed Monday that it is considering going public, although CEO Sean Black did not specify whether the company would do so via a traditional IPO, SPAC merger or direct.....»»
Prosus classifieds group OLX shuts down Frontier Car Group’s Berlin office, OLX Autos to focus on LatAm and Asia
Cazoo is picking up significant capital today by teaming up with a SPAC in the U.S. at a $7 billion valuation, but another big used-car play is consolidating operations. TechCrunch has learned and confirmed that Berlin-based Frontier Car Group, which.....»»
Viewing Cazoo’s proposed SPAC debut through Carvana’s windshield
Can the market hold up the optimism that many SPAC-led debuts are implying in their pricing? I do not know. But there are a lot of wagers being made in the market today that are giving me pause. News that U.K.-based used car seller Cazoo in.....»»
Prosus classifieds group OLX shuts down Berlin’s Frontier Car Group to focus OLX Autos on LatAm and Asia
Cazoo is picking up significant capital today by teaming up with a SPAC in the U.S. at a $7 billion valuation, but it’s the end of the line for another big European name in used-car sales. TechCrunch has learned and confirmed that Berlin-based.....»»
Online car dealer Cazoo agrees to sell to SPAC for $7 billion
The deal with special-purpose acquisition company Ajax I will raise about $1.6 billion in proceeds, including $805 million in a cash trust from the SPAC and another $800 million from Ajax’s sponsors......»»
UK’s Cazoo will list on the NYSE by way of a SPAC, valuing it at $7B and raising $1.6B
Cazoo, the UK used-car sales portal that has been on a major fundraising tear in the last year, will be next company to pursue more growth by way of a SPAC: the company today announced that it will list on the NYSE by way of a business combination wi.....»»
WeWork To Go Public Via SPAC At Significantly Reduced Valuation of $9 Billion
phalse phace shares a report from CNBC: WeWork has agreed to go public through a merger with blank-check firm BowX Acquisition Corp in a deal that values the office-sharing startup at $9 billion including debt. It marks a steep drop from the $47 bill.....»»
Daily Crunch: Amazon makes PR push ahead of union vote
Amazon pushes back against unionization, WeWork eyes the SPAC route and there’s new spyware on Android. This is your Daily Crunch for March 26, 2021. The big story: Amazon makes PR push ahead of union vote Workers at Amazon’s fulfillment.....»»
WeWork lines up for a second run at the public markets
At this point, if you aren't going public via a direct listing, traditional IPO or SPAC, are you even a growthy business? At this point, if you aren’t going public via a direct listing, traditional IPO or SPAC, are you even a growthy.....»»
Dogs (not) gone wild: DNA tests show most "wild dogs" in Australia are pure dingoes
Almost all wild canines in Australia are genetically more than half dingo, a new study led by UNSW Sydney shows—suggesting that lethal measures to control 'wild dog' populations are primarily targeting dingoes......»»
Foundry quotes rise to rational levels, says Powerchip chair
Pure-play foundries have raised their quotes to fair and reasonable levels, according to Frank Huang, chairman for Taiwan-based foundry Powerchip Semiconductor Manufacturing (PSMC)......»»