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A News Digest on Video Streaming, Self-Driving Cars and Other Tech Trends #5

  • Rating — 5 (4 votes)
  • by Ksenija Kolomiiets
  • Updated on March 29, 2021
  • Read —
    1-2 minutes

Kuaishou Technology
Chinese online video company, Kuaishou Technology, ByteDance’s main rival in China, is seeking to raise as much as $5.4B through an IPO in Hong Kong and is slated to list on Feb. 5

https://www.reuters.com/article/us-kuaishou-ipo/chinas-kuaishou-aims-to-raise-up-to-5-42-billion-in-hong-kong-ipo-idUSKBN29U083

Microsoft
Microsoft, GM, Cruise Partner on Self-Driving Cars A strategic partnership with Microsoft was announced Tuesday by General Motors and Cruise to speed up the commercialization of shared self-driving vehicles. Besides, Microsoft will be joining GM, Honda, and some institutional investors in adding US$2 billion to Cruise’s coffers, bringing the value of the shared self-driving vehicle company to $30 billion.

https://www.technewsworld.com/story/Microsoft-GM-Cruise-Partner-on-Self-Driving-Cars-86988.html

EVgo
Electric Car Charging Service EVgo Going Public As Biden Readies Clean Vehicle Push EVgo, which claims to operate the biggest public fast-charging network for electric vehicles in the U.S., is joining the rush to capitalize on the demand for clean-tech investments with plans to list shares via a SPAC merger that would create a company worth an estimated $2.6 billion. https://www.forbes.com/sites/alanohnsman/2021/01/22/electric-car-charging-service-evgo-going-public-as-biden-readies-clean-vehicle-push/?sh=56e2b4266ce6
The European startups
The European startups are hacking the aging process. The innovations that will extend our lives and delay the definite end.

https://sifted.eu/articles/european-longevity-startups/

Element
Ultra-secure messaging service Element sees a fivefold increase in signups after the Whatsapp privacy debacle. Element, as opposed to Signal, allows users to choose which server they host their data on. Element’s selling point is that it is not only end-to-end encrypted (like Whatsapp and others) but is built on Matrix, an open-source, decentralized network that anyone can use to build communications channels.

https://sifted.eu/articles/element-whatsapp-exodus/

Ksenija Kolomiiets Expert & Evangelist in business optimization tools like fintech, logistics, on-demand services apps who will help you to understand the core ideas of the outlined themes by my articles. I also have great expertise in social media and education platforms so let me know "in comments" if you want me to describe a theme you're interested in.

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