Tech Archives | Ipo News

Chinese self ample automobile startup WeRide ratings allow to test driverless autos in San...

Tech Tod MacFey - April 13, 2021 0

WeRide, the Chinese autonomous vehicle startup that recently raised $310 million, has received a permit to test driverless vehicles on public roads in San Jose, California. WeRide is the seventh company, following AutoX, Baidu, Cruise, Nuro Waymo and Zoox, to receive a driverless testing permit. In the early days of autonomous vehicle development, testing permits…

Tech and auto execs sort out world chip shortage at White Condo summit

Tech Tod MacFey - April 13, 2021 0

A collection of tech and auto industry executives met with the White House to discuss solutions for the worldwide chip shortage Monday. CEOs from Google, Intel, HP, Dell, Ford and General Motors attended the virtual summit on semiconductors and resilience in supply chains. National Security Adviser Jake Sullivan, Secretary of Commerce Gina Raimondo and National…

Apple and Google will both support Senate hearing on app retailer competitors

Tech Tod MacFey - April 13, 2021 0

After it looked like Apple might no-show, the company has committed to sending a representative to a Senate antitrust hearing on app store competition later this month. Last week, Senators Amy Klobuchar (D-MN) and Mike Lee (R-UT) put public pressure on the company to attend the hearing, which will be held by the Senate Judiciary…

This startup summer season can be blistering

Tech Tod MacFey - April 12, 2021 0

Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. Ready? Let’s talk money, startups and spicy IPO rumors. The startup world could be in for a busy summer. Today the economy is improving. Unemployment…

Let’s focus on gaslighting and fundraising

Tech Tod MacFey - April 12, 2021 0

“Most of the startups I give advice to about how to raise venture capital shouldn’t be raising venture capital,” an investor recently told me. While the idea that every startup isn’t venture-backable might run counter to the narrative to the barrage of funding news each week, I think it’s important to double click on the…

How one founder acknowledged a gigantic healthcare gap and obtained the skills crucial to...

Tech Tod MacFey - April 12, 2021 0

Our new podcast Found is now available, and the first episode features guest Iman Abuzeid, co-founder and CEO of Incredible Health. Abuzeid’s story of founding and building Incredible Health, a career platform for healthcare professionals focusing specifically on nurses, is all about a focused entrepreneur building a unique skill set, and acquiring the experience necessary…

This Week in Apps: Fb’s diversified Clubhouse rival, Apple crucial aspects ATT, App Retailer...

Tech Tod MacFey - April 12, 2021 0

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry is as hot as ever, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android…

Ocean Ideas Accelerator doubles down on blue financial system with unique note for later-stage...

Tech Tod MacFey - April 12, 2021 0

The planet-loving folks at the Sustainable Ocean Alliance started an accelerator a couple years back focusing on very early-stage companies, but this year they’re expanding the program to accept those that have already closed their first round. The mix of experimental and (comparatively) proven approaches may help diversify the accelerator’s growing network. “Last year, amidst…

China gets fervent about antitrust, fines Alibaba $2.75B

Tech Tod MacFey - April 11, 2021 0

Chinese regulators have hit Alibaba with a record fine of 18 billion yuan (about $2.75 billion) for violating anti-monopoly rules as the country seeks to rein in the power of its largest internet conglomerates. In November, China proposed sweeping antitrust regulations targeting its interent economy. In late December, the State Administration for Market Regulation said…

Wonder Dynamics raises $2.5M seed to equip indie filmmakers with AI-powered VFX

Tech Tod MacFey - April 11, 2021 0

Practically every film production these days needs some kind of visual effects work, but independent creators often lack the cash or expertise to get that top-shelf CG. Wonder Dynamics, founded by VFX engineer Nikola Todorovic and actor Tye Sheridan, aims to use AI to make some of these processes more accessible for filmmakers with budgets…

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