TechCrunch Industry News

Magdalena “Mags” Kala, a self-described “lifetime degen,” is no stranger to beating the odds. Before she became an investor, she co-founded an all-female blackjack team that sought to exploit gender bias to make a profit through gaming, she told TechCrunch in an interview. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Indian edtech giant Byju’s is engaging with bankers to put together a plan for the initial public offering of its unit Aakash, which it acquired last year, a source familiar with the matter told TechCrunch. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Volocopter, a German startup building electric vertical takeoff and landing (eVTOL) vehicles, has secured $182 million for the second signing of its Series E round. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Last year YASA, a British electric motor startup with a revolutionary “axial-flux” motor, was acquired by Mercedes-Benz to develop ultra-high-performance electric motors for Mercedes’s AMG.EA electric-only platform. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Hong Kong has proposed allowing retail investors to trade in cryptocurrencies and crypto exchange-traded funds and plans to conduct pilots in NFT issuance and CBDC as it looks to regain its status as a global financial hub. Learn more about your ad choices. Visit podcastchoices.com/adchoices

General Motors has temporarily paused paid advertising on Twitter, one day after billionaire and Tesla CEO Elon Musk finalized a $44 billion acquisition of the social media platform. Learn more about your ad choices. Visit podcastchoices.com/adchoices

On the heels of the Biden administration’s decision to impose sweeping chip sanctions on China, there are signs that China might also lose access to other types of critical U.S. technologies. Learn more about your ad choices. Visit podcastchoices.com/adchoices

And so the it begins… Elon Musk has only been owner of Twitter for a few hours but he’s already earned himself a schooling from the European Union in response to his suggestive “the bird is freed” tweet. Learn more about your ad choices. Visit podcastchoices.com/adchoices

A couple caveats for those going apoplectic over the headline: I mean self-driving isn’t going to be a thing A) in our lifetimes and B) with any kind of omnipresent scale. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Networking and cybersecurity firm Versa today announced that it raised $120 million in a mix of equity and debt led by BlackRock, with participation from Silicon Valley Bank. Learn more about your ad choices. Visit podcastchoices.com/adchoices