Thu, May 6th 2021 9:47am
Karl Bode
What s the career penalty for spending four straight years lying repeatedly about the illusory benefits of mindless telecom deregulation? None, apparently.
Surprising nobody, former FCC boss Ajit Pai and his giant goofy coffee mug are headed to private investment firm Searchlight Capital Partners, which invests in the telecom and other sectors. He s also been rewarded with a new gig at the American Enterprise Institute, where he ll be given a platform to spend another twenty years falsely claiming that lobotomizing U.S. telecom regulators, turning a blind eye to the perils of telecom monopolization, and generally ignoring consumer welfare results in telecom investment Utopia:
B Communications, Bezeq s Controlling Shareholder, Appoints Ajit Pai, Former Chairman of the U S FCC, to its Board of Directors - US Politics Today
einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
Startup Funding: April 2021
April showers brought mega fundraising rounds to the semiconductor industry. In China, a mobile chipset maker looking to go public won significant funding along with partnerships with major smartphone companies. In the US, AI hardware startups are drawing interest with unique processor architectures and business models. Plus, a major test and design services company drew new investment. This month, we take a look at 22 companies that collectively raised over $2.3B.
Semi & design
Guosheng Capital,
Haier Financial, and
W&W Fund among the participants. The fabless company designs a range of chipsets for mobile and IoT/IIoT applications, including 5G mobile and baseband as well as NB-IoT. It is currently working with Xiaomi and OPPO on a sub-6GHz 5G chip. Formerly known as Spreadtrum before its acquisition by Tsinghua Unigroup, Unisoc is based in Shanghai, China. It is reportedly preparing to list on the Shanghai STAR market later this year.
EasyMile raises $66M for its autonomous people-and-goods shuttles
We may still be a long way off from Level 5, fully self-driving cars on the open road, but companies building autonomous vehicles and shuttles for specific uses within closed-campus deployments say they are on their way to commercial operations and are raising money to get there. In the latest development, a startup out of Toulouse, France, called EasyMile which builds shuttles for transporting both people and goods has closed a Series B of €55 million ($66 million).
The funding is being led by Searchlight Capital Partners the investor that just earlier this week appointed former FCC chairman Ajit Pai as its newest partner with McWin and NextStage AM also participating. Previous investors rail industry heavyweight Alstom, Bpifrance and auto giant Continental also participated. Searchlight is also an investor in Get Your Guide and Univision.
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