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.....»»
Intel not yet a major customer of TSMC
Despite speculation circulating recently that Intel is looking to outsource more chip production to TSMC, the CPU vendor has yet to play a meaningful role in the pure-play foundry's efforts for sub-5nm process technology development......»»
Could giant SPACs be next?
While many deemed 2020 the year of SPAC, short for special purpose acquisition company, 2021 may well make last year look quaint in comparison. It’s probably not premature to be asking: is there any company too big to be SPAC’d? Just toda.....»»
Could much bigger SPACs be coming?
While many deemed 2020 the year of SPAC, short for special purpose acquisition company, 2021 may well make last year look quaint in comparison. It’s probably not premature to be asking: is there any company too big to be SPAC’d? Just toda.....»»
Is any company too big to be SPAC’d?
While many deemed 2020 the year of SPAC, short for special purpose acquisition company, 2021 may well make last year look quaint in comparison. It’s probably not premature to be asking: is there any company too big to be SPAC’d? Just toda.....»»
EVgo to go public via SPAC in bid to power EV charging expansion
EVgo, the wholly owned subsidiary of LS Power that owns and operates public fast chargers for electric vehicles, has reached a deal to become a publicly traded company through a merger with special-purpose acquisition company Climate Change Crisis Re.....»»
Electrons caught in the act
A team of researchers from the Faculty of Pure and Applied Sciences at the University of Tsukuba filmed the ultrafast motion of electrons with sub-nanoscale spatial resolution. This work provides a powerful tool for studying the operation of semicond.....»»
Foundries see supply for auto chips fall far short of demand
Pure-play foundries have seen their supply for automotive ICs, including MCUs, storage controller chips and power management ICs, fall short of demand by 25-40%, according to industry sources......»»
Extra Crunch roundup: Antitrust jitters, SPAC odyssey, white-hot IPOs, more
Extra Crunch roundup: Antitrust jitters, SPAC odyssey, white-hot IPOs, more.....»»
Group Nine’s SPAC goes public
Group Nine Media revealed last month that it was forming a SPAC (short for special purpose acquisition corporation) in order to raise money for acquisitions. The company has now moved forward with those plans, announcing last night that it had priced.....»»
TSMC on track to move 3nm process to risk production in 2021
TSMC is on track to move 3nm process technology to risk production in 2021 followed by volume production in the second half of 2022, according to the pure-play foundry......»»
Home services platform Porch acquires four companies
Only a few weeks after its SPAC IPO, Porch today announced that it has made four acquisitions, worth a total of $122 million. The most important here is probably the acquisition of Homeowners of America for $100 million, which gets Porch deeper into.....»»
Highlights of the day: Bright outlook for TSMC
TSMC has reported strong sales and profits for 2020, and the world's top pure-play foundry house expects to post another record revenue for first-quarter 2021. Tight foundry supply is creating shortages in the IC supply chain, and Chinese handset ven.....»»
Research improves ion evaporation theories and performance of electrospray applications
Electrospray of room temperature ionic liquids (RTILs), which are solvent-free electrolytes with easily tailored ions, is emerging as a powerful tool in diverse fields. In particular, electrosprays of RTILs operating in the pure-ion mode have attract.....»»
Tech for Change: At CES 2021, tech promises to create clean, pure water for all
Some 20% of people lack access to drinking water and corporations around the globe contaminate more water than they ever purify. Fortunately, tech can help......»»
The automotive industry has got SPAC madness, and it may not end well
Combination of electric vehicle mania and blank-check companies proves volatile. Enlarge / Fisker now has a market cap of $4.1 billion thanks to a SPAC reverse merger in 2020. It says that the Ocean SUV will be the most sustainable vehicle ever.....»»
2021: A SPAC odyssey
Perhaps these companies would have merely stayed private sans SPACs. If that's true, two cheers for blank-check companies? There are a number of ways to take a private company public: You can pursue a traditional IPO, sell a chunk of shares.....»»
UMC, VIS see 2020 revenue hit record highs
Pure-play foundries United Microelectronics (UMC) and Vanguard International Semiconductor (VIS) both saw their revenues hit all-time highs in 2020......»»
Bootstrapping to $80M ARR
So much for a quiet start to the year. Any hopes of 2021 giving us respite from the turbulent waters of 2020 went splat, as the first week of the New Year was busy with venture capital deals, IPO news and SPAC news. Welcome back to The Tech.....»»
SoFi to go public in merger with Chamath Palihapitiya’s newest SPAC
Consumer financial services startup SoFi is going public via a merger with special purpose acquisition company Social Capital Hedosophia Holdings Corp V, one of a series of blank-check companies formed by venture capital investor Chamath Palihapitiya.....»»
SMIC sees US ban hit supply of chemical raw materials and consumables
The US trade ban against China-based SMIC has restricted the pure-play foundry's capability of obtaining semiconductor equipment for its process technology advancements. Nevertheless, a more significant challenge facing SMIC is insufficient supplies.....»»