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Quanergy Systems, which makes lidar sensors and perception software for autonomous cars, will go public via a SPAC merger at an implied valuation of $1.4B (Aria Alamalhodaei/TechCrunch)

Wednesday, June 23, 2021

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Quanergy Systems, which makes lidar sensors and perception software for autonomous cars, will go public via a SPAC merger at an implied valuation of $1.4B (Aria Alamalhodaei/TechCrunch)
Intel restructures to create units for GPU, high-performance computing
Aircall, which offers a cloud-based call center and CRM service, raises $120M led by Goldman Sachs Group’s asset management arm at a $1B+ valuation (Crystal Tse/Bloomberg)
DOJ says it has seized 36 Iranian media websites and sites for groups affiliated with Iran that are linked to Iranian disinformation for violating US sanctions (Reuters)
Philadelphia-based Sporttrade raises $36M in funding, after emerging from stealth in May, for its upcoming app which provides a trading exchange for sports bets (Kennedy Rose/Philadelphia Business …)
YouTube Shorts, which launched new stars but is rife with clickbait and TikTok re-uploads, will use new metrics to pay creators via a $100M fund this summer (Bloomberg)
Sources: Tim Cook warned Pelosi that proposed antitrust bills were rushed, could hurt innovation; Google, Facebook, Amazon say bills would hurt SMBs, consumers (New York Times)
Microsoft has become the second public US company to reach a $2T market value, after Apple did in August 2020 and two years after hitting its first $1T in value (Bloomberg)
DeepMind scientist calls for ethical AI as Google faces ongoing backlash
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Microsoft says revenue from LinkedIn’s ads business, called LinkedIn Marketing Solutions, grew 60% YoY to more than $3B in the year ended March 31 (Megan Graham/CNBC)

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Megan Graham / CNBC:

Microsoft says revenue from LinkedIn’s ads business, called LinkedIn Marketing Solutions, grew 60% YoY to more than $3B in the year ended March 31  —  – Microsoft said Tuesday that LinkedIn Marketing Solutions has brought in more than $3 billion in revenue in the past 12 months.

Related Posts

Quanergy Systems, which makes lidar sensors and perception software for autonomous cars, will go public via a SPAC merger at an implied valuation of $1.4B (Aria Alamalhodaei/TechCrunch)

June 23, 2021

Intel restructures to create units for GPU, high-performance computing

June 23, 2021

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Quanergy Systems, which makes lidar sensors and perception software for autonomous cars, will go public via a SPAC merger at an implied valuation of $1.4B (Aria Alamalhodaei/TechCrunch)

Intel restructures to create units for GPU, high-performance computing
Aircall, which offers a cloud-based call center and CRM service, raises $120M led by Goldman Sachs Group’s asset management arm at a $1B+ valuation (Crystal Tse/Bloomberg)
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