Category: TC
Light is the key to long-range, fully autonomous EVs
Nick Harris Contributor Nick Harris is a scientist, engineer, and the founder and CEO of Lightmatter, which manufactures photonic processors. Advanced driver assistance systems (ADAS) hold immense promise. At times, the headlines about the autonomous vehicle (AV) industry seem ominous, with a focus on accidents, regulation or company valuations that…
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Hyundai is launching in-car payments in the all-electric Ioniq 5
Hyundai developed an in-car payment system that will debut in its upcoming all-electric Ioniq 5 crossover that will offer drivers the ability to find and pay for EV charging, food and parking — the latest example of automakers finding new ways to generate revenue and offer customers features that are…
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Florida’s ban on bans will test First Amendment rights of social media companies
Florida governor Ron DeSantis has signed into law a restriction on social media companies’ ability to ban candidates for state offices and news outlets, and in doing so offered a direct challenge to those companies’ perceived free speech rights. The law is almost certain to be challenged in court as…
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This crypto surveillance startup — ‘We’re bomb sniffing dogs’ — just raised Series A funding
Solidus Labs, a company that says its surveillance and risk-monitoring software can detect manipulation across cryptocurrency trading platforms, is today announcing $20 million in Series A funding led by Evolution Equity Partners, with participation from Hanaco Ventures, Avon Ventures, 645 Ventures, the cryptocurrencies derivative exchange FTX, and also a sprinkling…
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Seed-stage accelerator Flat6Labs closes $13.2M fund for startups in Egypt
Investment activities in Egypt continue to gain steam, not for startups only but also the funds backing them. Today, seed accelerator Flat6Labs announced the second close of its Egypt fund to support early-stage startups and provide follow-up investment. The fund had a target for EGP50 million (~$3.2 million) but eventually…
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Zeta becomes a unicorn with $250 million SoftBank-led funding
Zeta, a startup that helps banks and fintech firms launch products, is the newest to attain the coveted unicorn status after closing a new financing round. The embedded finance firm, co-founded by veteran Indian entrepreneur Bhavin Turakhia, said on Monday it has raised $250 million in its Series D round…
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