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.....»»
Supply chain flexibility is crucial, says Cheney Wang, VP of supply chain and Taiwan GM of Latch
Latch was founded in 2014 by a group of former Apple employees and began trading on Nasdaq on June 7th, 2021 under LTCH. Through a SPAC listing, it raised $453 million and values over $1.5 billion. The system of Latch is designed to bring all devices.....»»
All-Remote GitLab Valued at $15B in NASDAQ"s First-Ever Livestreamed IPO Day
"Long before the pandemic, software business GitLab operated fully remotely, building its developer tools without any physical office..." remembers Forbes. "The company went public on Thursday on Nasdaq under the ticker 'GTLB.' Priced at $77, share.....»»
Supply chain flexibility is crucial, says Cheney Wang, VP of Supply Chain and Taiwan GM of Latch
Latch was founded in 2014 by a group of former Apple employees and began trading on Nasdaq on June 7th under LTCH. Through a SPAC listing, it raised $453 million and values over $1.5 billion. The system of Latch is designed to bring together all devi.....»»
Team develops sensitive new way of detecting transistor defects
Researchers at the National Institute of Standards and Technology (NIST) and collaborators have devised and tested a new, highly sensitive method of detecting and counting defects in transistors—a matter of urgent concern to the semiconductor indus.....»»
26,000 and Counting: America is Installing Hundreds More Bitcoin ATMs Each Week
The cryptocurrency-ATM company Coinmover has over 100 machines in stores in Massachusetts, New Hampshire, Connecticut, and Washington state — and plans to have 1,250 machines in 18 states by the end of the year, reports the Boston Globe. Righ.....»»
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.....»»
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.....»»
Joby Aviation makes its public trading debut on the NYSE
Joby Aviation is now public, twelve years after JoeBen Benvirt founded the company at his ranch in the Santa Cruz mountains. The air taxi developer began trading on the New York Stock Exchange on Wednesday under the ticker symbol “JOBY,” after co.....»»
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.....»»
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.....»»
Researchers demonstrate the effectiveness of eDNA in the calculation of marine biodiversity
For almost 20 years, researchers at the Santa Barbara Coastal Long-Term Ecological Research (SBC LTER) site have conducted detailed censuses of the majestic kelp forests off Santa Barbara. By counting fish species and placing them in the context of t.....»»
Why animals recognise numbers but only humans can do math
Counting feels utterly effortless to adults, who are unlikely to even remember when or how they picked up this useful, apparently automatic skill. Yet when you think about it, counting is a remarkable invention. It helped early humans to trade, appor.....»»
Waste pickers fear for future at Senegalese mega dump
Scores of pickers move along a raised platform of rubbish, scooping up pieces of plastic with iron hooks, alongside cattle and hundreds of egrets also scouring the trash......»»
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.....»»
Video: Counting carbon
The Paris Agreement adopted a target for global warming not to exceed 1.5°C. This sets a limit on the additional carbon we can add to the atmosphere—the carbon budget. Only around 17% of the carbon budget is now left. That is about 10 years at cur.....»»
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.....»»