Mark Gurman: Face ID on the Mac is likely coming within a couple of years, and all iPhones and iPads will transition to Face ID within that timeframe, too — Apple plans to bring Face ID to the Mac within the next “couple of years,” respected Bloomberg journalist Mark Gurman said today in the latest edition of his Power On newsletter.
Chinese chip manufacturer Tsinghua Unigroup, which is saddled with ~$30.8B in liabilities, is seeking a huge bailout from investors amid bankruptcy proceedings — Unigroup requires a strategic investor with minimum total assets worth US$7.7 billion or US$3.1 billion in minimum net assets …
AuthenticID, which offers AI-based identity proofing and verification to help businesses fight fraud, raises $100M from Long Ridge Equity Partners — - Twitter- Facebook- LinkedIn- Pinterest- Reddit- HackerNews- Telegram- Weibo- Email- Print- Subscribe — AuthenticID recently announced …
Canadian auto parts supplier Magna has agreed to buy Veoneer, which develops advanced driver-assistance systems for autonomous vehicles, for $3.8B in cash — - Veoneer shares slumped following spinoff by Autoliv in 2018 — Offer represents a 57% premium to closing price Thursday
Lev, which wants to automate commercial real estate financing, raises $30M Series A at a $130M valuation, after raising a $10M seed round four months ago — Commercial real estate has been slow to embrace technology; though it has an addressable financing market of more than $40 billion …
A look at the presence of crypto in hip-hop culture, beginning as early as 2013, including meme songs, rapper Nas's Coinbase investment, and illicit ICOs — Nas made a fortune with his Coinbase investment. Soulja Boy claims to be the first to make a song about Bitcoin. Big Sean is sending your girl Doge.
Data from Venture Intelligence shows Indian social commerce startups have raised $554M so far this year, up 7x from all of 2020 — The amount is the highest since 2015 and seven times what these companies made a year ago — Social commerce startups have raked in $554 million this year as of July 16 …
WhatsApp CEO says they had recorded an attack against 1,400 users over a two-week period in 2019, casting doubts on NSO defenses in a Pegasus investigation — Will Cathcart claims government officials around the world among 1,400 WhatsApp users targeted in 2019
Sendlane, which helps e-commerce companies automate email and SMS marketing, raises $20M Series A; CEO says Sendlane, which is seeing $7M+ in ARR, is profitable — Sendlane, a San Diego-based multichannel marketing automation platform, announced Thursday it raised $20 million in Series A funding.
Event management software company Cvent is going public by merging with a SPAC at a valuation of $5.3B; Cvent was taken private in 2016 by Vista Equity Partners — (Reuters) -Event management software company Cvent will merge with a blank-check firm in a deal that gives it an enterprise value …
Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...
