Daily Crunch: In $1.2B deal, EV battery maker Solid Power files to go public


The TechCrunch Top 3Solid Power is going public: The solid-state battery developer backed by Ford and BMW said Tuesday it would head to the Nasdaq via a merger with special purpose acquisition company Decarbonization Plus Acquisition Corp III at a post-deal implied market valuation of $1.2 billion.

Andreessen Horowitz has launched its own media apparatus called Futre: The publication, funded by a16z funds, looks to provide content that doesn’t currently exist in the market and that can be created from the “unique, interesting perch” that the firm has, says Margit Wennmachers, the firm’s operating partner of marketing and Future. Good luck, a16z, and welcome to the jungle.

We have a new FTC commissioner: The Senate on Tuesday confirmed Big Tech critic and prominent antitrust scholar Lina Khan as a commissioner to the Federal Trade Commission, signaling a new era of scrutiny for the tech industry. Khan was confirmed in a 69-28 vote, with Republicans joining Democrats in a rare show of bipartisan support for Khan’s ideas on reining in tech’s most powerful companies. #deal #developer #acquisition #nasdaq #bmw #power #battery #companies #bimmer #ford
deal developer acquisition nasdaq bmw power battery companies bimmer ford


Comments

Post a Comment

Popular posts from this blog

President and first lady plan to get their Covid-19 vaccine booster shots once they're eligible, Biden say

Image
s (CNN)President Joe Biden and first lady Jill Biden plan to get Covid-19 vaccine booster shots once they are cleared to take them, the President said in an interview aired Thursday. The Biden administration announced on Wednesday that Americans will be able to get Covid-19 vaccine booster shots starting on September 20, subject to authorization from the US Food and Drug Administration and sign off from the US Centers for Disease Control and Prevention. Individuals would become eligible for their booster shot eight months after their second shot of the Pfizer or Moderna vaccines. Those who received the Johnson & Johnson Covid-19 vaccine may need boosters in the future, but more data is needed, health officials said. The Bidens received their second Pfizer Covid vaccine shots in January, so they would become eligible for the booster shot in September, the President told ABC News. "We're gonna get the booster shots," Biden said. "And-- it's somethin'
Read more

Pence, Diverging From Trump, Says He Was ‘Proud’ to Certify Election

Image
Speaking at the Lincoln-Reagan Dinner in Manchester, N.H., this month, Mr. Pence admitted that he and Mr. Trump might never see eye to eye about the Capitol riot. Former Vice President Mike Pence on Thursday night made his most forceful attempt yet to separate himself from his former boss, Donald J. Trump, on the issue of certifying the 2020 election results. Speaking at the Ronald Reagan Presidential Library in Simi Valley, Calif., Mr. Pence defended the constitutionally mandated role he played in certifying the Electoral College vote on Jan. 6, when a violent mob of Trump loyalists — some chanting “Hang Mike Pence” — stormed the Capitol while the president did nothing for hours to stop them. #vicepresident #riot #speaking #beproud #manchester #night #capitol #election #president #trump #mikepence #vice #speak
Read more