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Shared mobility company GoTo Global is going public through a shell company merger

TechCrunch

GoTo Global, an Israeli mobility company that offers shared micromobility and car sharing services in Spain, Israel, Malta and Germany, is going public on the Tel Aviv Stock Exchange through a merger with shell company Nera Tech Media. Merging, he says, is just a shortcut to IPO. The SPAC boom was a failure, yeah?

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What does a Purpose-Driven Company Look Like?

Saleforce Nonprofit

Purpose is an organization’s aspirational reason for being, beyond profits alone. Purpose-Driven Companies Integrate Purpose into Business Strategy. It harnesses that purpose to drive profitable innovation through programs like Smarter Planet, which in its first year grew to be the focus of a quarter of the company’s research.

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A year on from Russia’s invasion, Ukrainian startups show astounding resilience

TechCrunch

Deus Robotics specializes in full-cycle projects, including hardware engineering, software development, and integration, focusing on automating warehouse and logistics operations. SMO is a non-profit, community-driven mobile app to signal the assets of Oligarchs in the world. Deus Robotics Ukrainian Startup Deus Robotics secured a $1.5M

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The Station: Tesla’s rough week, China’s AV strategy and Joby’s air taxi play in South Korea

TechCrunch

Cities that want to better integrate micromobility and public transit might be starting to consider Ye Olde docking station. Nera Tech isn’t quite a complete shell of a company, because it owns startup Trinity Audio, but GoTo plans to sell that for a tidy profit to help it on its path to IPO.

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Why the global chip shortage is making it so hard to buy a PS5

The Verge

Or there’s a category of chips which have been around for as long as integrated circuits have been around, called timer counter chips. And they’re a commodity and they’re not very profitable. GlobalFoundries built that fab in Malta, New York, at relatively good speed. I buy them every year. They’re cheap. So why should I do it?

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