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SPAC Momentum? 3 New Monday Deals

SPAC Momentum? 3 New Monday Deals Three Monday morning SPAC deals (HCIC, STPC, LIVK) carry over Friday s quantity-based momentum, but will investors be excited and deliver any deal pops? Author: Three SPAC deals kick this morning off carrying over momentum from Friday s 3 deals. Friday s deals were mixed with LifeSci Acquisition II Corp (LSAQ) having the most positive reaction from investors and jumping 6.6% on their announced deal with ACON 52 s (STWO) deal with ESS gave a small boost, but it still ended the day 10 cents off of NAV at $9.90. So, while Friday gave the feel of momentum with more quantity, investors didn t get behind the deals fully and so maybe the quality wasn t there to inspire. With another three deals today the quantity will again provide a feel of momentum, but how investors react will be the real driver.

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Detroit s Luminar Collaborates with Pony ai on Autonomous Driving Platform

DBusiness Magazine Detroitâs Luminar Collaborates with Pony.ai on Autonomous Driving Platform Luminar Technologies, which is based in Florida and has a Detroit office, has collaborated with Californiaâs Pony.ai, an autonomous driving technology company, on a new sensing platform. Luminar offers lidar hardware and software. Luminar Technologies is working with Pony.ai in California on a sensing platform for autonomous driving. // Photo courtesy of Pony.ai Luminar Technologies, which is based in Florida and has a Detroit office, has collaborated with Californiaâs Pony.ai, an autonomous driving technology company, on a new sensing platform. Luminar offers lidar hardware and software.

United statesAustin russellLuminar irisJames pengLuminar technologiesVolvo carsDaimler truckSequoia capital chinaஒன்றுபட்டது மாநிலங்களில்ஆஸ்டின் ரஸ்ஸல்லுமினியர் கருவிழிஜேம்ஸ் பெங்லுமினியர் தொழில்நுட்பங்கள்வால்வோ கார்கள்டைம்லர் டிரக்சீக்வோயா மூலதனம் சீனா

Toyota-backed self-driving car Pony ai partners with Luminar — Agenparl

(AGENPARL) – THE HAGUE (THE NETHERLANDS), lun 10 maggio 2021 By Jane Lanhee Lee (Reuters) – Self-driving tech company Pony.ai, backed by Toyota Motor Corp, said on Monday its next-generation technology for robotaxis will be using lidars made by Luminar Technologies, Inc. Lidars are laser-based sensors that are a key component to many autonomous vehicle technologies and help them perceive the environment around the cars. James Peng, Pony.ai CEO said the startup chose Luminar’s Iris lidar for its performance but also as it can be integrated into the car better than traditional lidars. “It’s actually starting to blur the line between what you see as a very well designed passenger vehicle and the monstrosities that have been on top of some of the AV test vehicles,” said Austin Russell, founder and CEO of Luminar.

Austin russellJane lanhee leeLuminar irisJames pengLuminar technologies incToyota motor corpJane lanheeLuminar technologiesஆஸ்டின் ரஸ்ஸல்லுமினியர் கருவிழிஜேம்ஸ் பெங்லுமினியர் தொழில்நுட்பங்கள் இன்க்டொயோட்டா மோட்டார் கார்ப்லுமினியர் தொழில்நுட்பங்கள்

Theranos executives begged disgraced Elizabeth Holmes to step down

Theranos execs begged disgraced CEO Elizabeth Holmes to step down in the company s last days, but she refused because she saw herself as the company and did not think it could continue without her One ex exec said: Anyone who knows Elizabeth knows she saw herself as the company and I don t think she could see the company continuing without her They described her stepping down as CEO as a non-starter The former executive said that her name was so wrapped up in a Silicon Valley success story that stepping down would have saved her freedom Holmes and former Theranos President Ramesh Sunny Balwani have pleaded not guilty to charges they defrauded investors, doctors and patients

United statesSan diegoFederal buildingRobertf peckhamRobert leachBilly evansAnne evansRamesh balwani holmesElizabeth holmesLaboratory information systemsEvans hotel groupSilicon valleyTheranos president rameshSunny balwaniSan joseLuminar technologies

SPAC IPOs are dwindling, but blank check mergers continue apace - San Francisco Business Times

SPAC IPOs are dwindling, but blank check mergers continue apace - San Francisco Business Times
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