Percepto, a drone startup that is building a sizable business with its software and hardware for industrial drone applications, is today announcing a big round of funding to take its operations to the next level — both literally and figuratively. The startup — headquartered in Austin, Texas, but founded and with roots in Israel — […]
Percepto flies high with $67M for its industrial drones by Ingrid Lunden originally published on TechCrunch
A former executive of Samsung Electronics allegedly stole the memory chip juggernaut’s confidential semiconductor data to build a copycat chip facility in China, South Korean prosecutors said on Monday. The 65-year-old defendant, who also previously worked for Korean chipmaker SK Hynix, has been arrested and accused of violating industrial technology protection laws and stealing trade […]
Former Samsung exec accused of stealing data to build copycat chip plant in China by Kate Park originally published on TechCrunch
US VC giant Andreessen Horowitz — which has about $35bn in assets under management — is to open its first (yes, the first) international office in London, led by one of the firm’s general partners, Sriram Krishnan. The office will focus on supporting the development of Crypto, blockchain technologies and associated Web3 startups. a16z has […]
London lures a16z’s first international office with ‘predictable’ crypto regs by Mike Butcher originally published on TechCrunch
Acquired by HSBC in an emergency sale for just £1 in March as SVB was melting down, SVB UK is now getting a rebrand and expansion under its new owner. Today the banking giant launched HSBC Innovation Banking, a new unit focusing on banking services to the startup, investor, and wider tech community. Rumored for […]
HSBC rebrands, expands its SVB UK buy as HSBC Innovation Banking by Ingrid Lunden originally published on TechCrunch
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point […]
Tesla fuels an EV charging standards war by Kirsten Korosec originally published on TechCrunch
Welcome back to The Interchange! If you want this in your inbox, sign up here. We’ll be taking a break next weekend as Mary Ann and Christine both take much-needed vacations (we didn’t plan this, honestly!) but don’t worry, The Interchange will be back in your inbox on June 25. Consolidation continues in the world of fintech Last […]
FIS acquires, and Better.com lays off by Christine Hall originally published on TechCrunch
In the era of quick judgments, it’s tempting to think we are more clever than anyone else. But from AI to Apple to senior tech, underestimating others comes at a risk: being seriously wrong.
Can AI make older adults feel less lonely? by Anna Heim originally published on TechCrunch
If you’re adventurous with your food, or just like to keep up with the fast-moving foodtech industry, here’s a roundup of this week’s stories and some notable news we weren’t able to cover.
This week in foodtech: Cultivated meat is still a sizzling topic by Christine Hall originally published on TechCrunch
Carvana’s big rally is now looking more like a blip on the radar. Shares in the online-car retailer soared Thursday, closing up by 56% from the prior day on news that it expected to post $50 million worth of adjusted EBITDA in the current quarter, powered by stronger per-car sales profitability. For Carvana, the gains […]
Carvana crashes back down to earth by Harri Weber originally published on TechCrunch