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Che Pan / South China Morning Post: Chinese chip manufacturer Tsinghua Unigroup, which is saddled with ~$30.8B in liabilities, is seeking a huge bailout from
Read More Money is pouring into autonomous trucking startups, just as many are souring on the short-term prospects for self-driving cars.
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New York Times: A look at FTX, Binance, BitMEX, and their once North America-based founders, who run exchanges for highly-leveraged crypto derivatives trading outside the
Christine Hall / TechCrunch: Paystone, which provides service-based businesses with payments and customer engagement tech, raises $23.8M, bringing its total funds raised in 2021 to
Bloomberg: Mobile game publisher Jam City is no longer going public via a SPAC merger, announced in May, that would have valued the company at
Bloomberg: Canadian auto parts supplier Magna has agreed to buy Veoneer, which develops advanced driver-assistance systems for autonomous vehicles, for $3.8B in cash — –
Omar Faridi / Crowdfund Insider: AuthenticID, which offers AI-based identity proofing and verification to help businesses fight fraud, raises $100M from Long Ridge Equity Partners