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.....»»
Ford-backed Solid Power said in talks with Decarbonization SPAC
The solid-state battery startup also counts BMW among its investors......»»
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.....»»
A "Bubble Barrier" is Trapping Plastic Waste Before It Can Get Into the Sea
larryjoe writes: A curtain of bubbles in Amsterdam's Westerdok canal filters 86% of trash floating down the canal. The bubbles come from a pipe at the bottom of the canal connected to an air compressor. Holes in the pipe allow the bubbles to float to.....»»
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.....»»
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.....»»
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.....»»
Google Photos wants money: Stricter storage limitations kick in next week
All new photos will start counting against the 15GB storage limit on June 1. Enlarge / The Google Photos storage management tool. (credit: Google) Google Photos would like some of your money. The service is turning six years old and will kick.....»»
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.....»»
Research suggests social factors important for human-wildlife coexistence
In bear country, it's normal to find bruins munching down on temptations left out by humans—from a backyard apple tree to leftovers in the trash bin—but these encounters can cause trouble for humans and bears alike. One method to reduce human-bea.....»»
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.....»»
Plastic waste has some economic benefit for developing countries
For decades, wealthy nations have transported plastic trash, and the environmental problems that go with it, to poorer countries, but researchers have found a potential bright side to this seemingly unequal trade: plastic waste may provide an economi.....»»
LG V10, A Smartphone to Rival the Best
Forget the G4 Pro, LG has rolled out a new flagship that stands as a unique addition to the market with blazing specs and a standout killer feature you won't find anywhere else. The LG V10 comes with a second ticker style screen that sits atop the.....»»
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.....»»
Lordstown Motors slashes production forecast for its electric pickup
Lordstown Motors’ cash-rich SPAC dreams have turned out to be nothin’ more than wishes. The automaker reported Monday a disappointing first-quarter earnings that was a pile-up of red ink-stained negativity. Lowlights include higher-than-e.....»»
From trash to jet fuel in 60 minutes—and 220º C
Researchers found a way to make fuel from plastic—critics wonder if it's practical. Enlarge (credit: Tobias Titz / Getty Images) The world has a lot of plastic—8.3 billion tonnes of the stuff has been produced since 1950. It has so much pl.....»»
Extra Crunch roundup: Jam City SPAC, startup PR, telemedicine market map, more
Full disclosure: the second time I worked at a startup founded by Mark Pincus, his dog Zinga slept behind my desk and I was one of her favorite dog-sitters. For this morning’s edition of The Exchange, Alex Wilhelm studied information.....»»
GM-backed Wejo is in SPAC merger talks with Virtuoso
Virtuoso is seeking to raise new equity to support a transaction with a combined enterprise value of more than $1 billion......»»