Here’s what you need to know: Video transcript Back transcript Biden Touts Agreement on Infrastructure Plan President Biden on Thursday endorsed a bipartisan infrastructure deal which includes $579 billion in new investments for roads, broadband internet and electric utilities. For me, investment in our physical and human infrastructure are inextricably intertwined, both make us better … Read more
Quanergy Systems, the Sunnyvale, Calif.-Based lidar company, announced Tuesday that it had entered into a merger with CITIC Capital Acquisition Corp. has agreed, a Chinese blank check firm affiliated with the country’s largest state-owned investment conglomerate. The transaction, which implicitly values Quanergy at $ 1.4 billion, is expected to close in the second half of … Read more
Astra’s Rocket 3.1 takes off from the company’s launch complex in Alaska. (Astra photo) Astra, the California-based space startup looking to merge with a blank check company founded by Seattle-based telecommunications pioneer Craig McCaw, has set a July 1st listing date on the Nasdaq. That’s the word from Chris Kemp, the founder, chairman and CEO … Read more
The purchase of MGM marks Amazon’s biggest move in Hollywood to date as Jeff Bezos prepares to step down as CEO of Amazon. (GeekWire Photo Illustration.) Amazon Agreement to acquire MGM for $ 8.45 billion has all the makings of a great script that combines a Hollywood icon with an internet powerhouse. But will this … Read more
Electric car startup Fisker signed an agreement with Foxconn, the Taiwanese company that assembles iPhones, to jointly design and manufacture a new electric vehicle. Production of the car, which will be sold under the Fisker brand name in North America, Europe, China and India, will begin in the United States in late 2023. Numerous details, … Read more
Seattle Storm Star Sue Bird. (File Photo via Neil Enns / Seattle Storm) Add the WNBA to the list of professional sports leagues Amazon wants to showcase through its Prime Video streaming platform. Amazon and the WNBA have entered into a multi-year agreement that grants Prime Video exclusive global streaming rights to 16 WNBA games … Read more
The longstanding rumors of an Apple Watch with blood glucose monitoring have just gained credibility. The Telegraph and Forbes report that British healthcare technology company Rockley Photonics recently confirmed in an SEC filing that Apple has been its largest customer for two years and that it continues to sign contracts to develop future products. Rockley’s … Read more
Gett, the ride-hail startup that has nicheeted itself in a crowded and competitive on-demand transportation market by focusing on corporate accounts and connecting people with rides in around 1,500 cities serving a range of fleets from Use third-party providers. adds another partner today as the business model continues to double as business travel slowly recovers. … Read more
Alden Global Capital, a hedge fund that has slashed the cost of newspapers it controls, is on Tuesday to acquire Tribune Publishing, the publisher of nine major daily newspapers in major cities including The Chicago Tribune, The Orlando Sentinel and The Daily News, came a significant step closer. Tribune Publishing announced Tuesday that Alden, a … Read more
“There is no God-given right for US tech companies to assume that there can be no other technical force,” Microsoft CEO Satya Nadella told Bloomberg TV in an interview that aired on Wednesday. (GeekWire Photo Illustration) The news this morning that the Biden administration has stopped selling TikTok’s U.S. operations further shows how extraordinary the … Read more