Waymo, Alphabet’s self-driving arm, raises $2.5B in second external investment round

Waymo, Google’s former self-driving project that is now a business unit under Alphabet, said Wednesday it raised $2.5 billion in its second outside funding round. The company said in a blog post it will use the funds to continue growing Waymo Driver, its autonomous driving platform, and growing its…

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Snapchat officially introduces its paid subscription at $3.99 per month

Snapchat officially launched its paid subscription plan called Snapchat+ today that will offer exclusive features like the ability to change the app icon and being able to see which people have rewatched your Stories. Earlier this month, the firm confirmed that it’s testing this feature witho…

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Hyundai reveals the IONIQ 6 EV sedan, the eagerly-anticipated follow-up to its IONIQ 5

Hyundai previewed the IONIQ 6 sedan Wednesday, the heavily-anticipated followup to the brand’s popular first battery-electric model, the IONIQ 5 SUV. The automaker won’t announce details such as the IONIQ 6’s price range, and production run size until the vehicle’s world pre…

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E3 2021 wrap-up

E3 2021 kicked off with news about E3 2022. Kind of a funny way to start a show, as Mayor Eric Garcetti told the crowd, “we look forward to seeing you in-person, here in the City of Angels, in 2022.” Also a bit funny when the mayor’s video game show announcement has less confetti and [&…

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Internxt gets $1M to be ‘the Coinbase of decentralized storage’

Valencia-based startup Internxt has been quietly working on an ambitious plan to make decentralized cloud storage massively accessible to anyone with an internet connection. It’s just bagged $1 million in seed funding led by Angels Capital, a European VC fund owned by Juan Roig (aka Spain&#82…

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Harry Stebbings turns up the volume on 20VC with new $140M fund

Harry Stebbings, the well-known podcaster behind “20 minute VC,” announced today that he raised a duo of funds for 20VC, the venture capital fund he launched off of his show’s success. The pair of funds — one for early stage and one for growth stage — total $140 million in a…

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Co-living startup Habyt closes $24M Series B, merges with Homefully

When WeWork appeared, other entrepreneurs looked at the model and thought that if you could apply co-working to property, then why not apply co-living. Thus, in the U.S., Common appeared, as did Hmlet in Asia. In the EU, Habyt launched, but has already gobbled up its competitors Quarters, Goliving …

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Airspeeder wants to make electric flying racing cars a reality in 2021

While much of the eVTOL industry has its sights set on urban air taxis or cargo transportation, entrepreneur Matthew Pearson had another idea: electric flying race cars. So in 2019, he founded two companies, Alauda Aeronautics to manufacture the aircraft and Airspeeder, an international series to r…

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Ukrainian police arrest multiple Clop ransomware gang suspects

The dark web portal used by Clop to leak stolen data remains online.

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Lincoln’s first EV will arrive in 2022 with three more to follow

Lincoln Motor will launch its first all-electric vehicle in 2022 followed by three other EVs as part of the luxury brand’s goal to electrify its entire portfolio by the end of the decade. The first EV will come to market just in time for Lincoln’s 100th birthday celebration — and nearly…

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SoftBank Vision Fund 2 leads $140M funding in Vishal Sikka’s Vianai

Vianai Systems, an AI startup founded by Vishal Sikka, former chief executive of Indian IT services giant Infosys, said on Wednesday it has raised $140 million in a round led by SoftBank Vision Fund 2. The two-year-old startup said a number of industry luminaries also participated in the new round,…

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