When Facebook released its first quarterly report this week of the most viewed posts in the United States, Guy Rosen, its vice president for integrity, said the social network had taken “a long journey” to be “by far the most transparent platform in the world” on the Internet “The list showed that the posts with … Read more
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 continues to grow, 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 devices … Read more
Here’s what you need to know: Video transcript Back transcript Biden Outlines Actions to Reduce Gun Violence President Biden announced new efforts to tackle gun violence on Wednesday, including cracking down on illegal sales and providing new funding for police departments and community-based organizations. Crime historically rises during the summer. And as we emerge from … 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
Die Mitbegründer von Nautilus Biotechnology, Sujal Patel (links) und Parag Mallick. (Nautilus-Foto) Nautilus Biotechnology tritt diese Woche als Seattles neuestes börsennotiertes Unternehmen auf und nutzt die Manie um SPACs, um 345 Millionen US-Dollar zu sammeln, um einen neuen Ansatz voranzutreiben, der die biomedizinische Forschung beschleunigen und die Medikamentenentwicklung verändern könnte. Das Unternehmen aus Seattle, das … 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
Wejo, the connected vehicle data startup supported by GM and Palantir, plans to go public through a merger with the special purpose venture acquisition company Virtuoso Acquisition Corp. that contains debt. The deal brings Wejo $ 330 million in proceeds, including a cash stake from Virtuoso of $ 230 million and a private investment in … Read more
Just eight days after announcing the restart of the long-paused Bluecheck verification process, Twitter announced on Friday that it is unfortunately overflowing with requests and is temporarily ignoring new applications from users until the backlog is resolved. Until that past respite, Twitter had not allowed members of the public to request a site-wide review since … Read more
Adam Selipsky, CEO of Tableau, speaks at the Tableau Conference 2016. (Photo by Tableau Software) Adam Selipsky has years of professional experience, from positions as Vice President at RealNetworks and Amazon to managing Tableau Software as CEO for five years. But as a leader, it didn’t matter when the pandemic hit last year. “My experience … Read more
Observe construction technology Software company Procore goes public today after prices are above its bandwidth and the IPO slowdown looks like a delay it wasn’t. Investors are quick to offer the company’s value in trading, giving Procore a higher than expected valuation and increasing confidence in the IPO market in general. Construction technology may not … Read more