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Miami mayor says Elon Musk will tunnel under the city for just $30 million

The Verge

Elon Musk told Miami’s mayor Friday that The Boring Company could dig a two-mile tunnel under the city for as little as $30 million — a fraction of the $1 billion price tag once quoted by local transit officials. Musk first tweeted about wanting to tunnel under Miami on January 18th.

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TD Bank is closing dozens of branches across 10 states: Here’s the full list of doomed locations

Fast Company Tech

The decision comes amid ongoing recovery efforts for the company, which is still grappling with the fallout from a $3 billion payout after pleading guilty to money laundering and failing to prevent illegal transactions. Some of the locations were reported earlier by local publications, including the Philadelphia Business Journal.

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Give Miami Day raises record $5.2 million for nonprofits

Beth's Blog: How Nonprofits Can Use Social Media

Photo courtesy of The Miami Foundation. Give Miami Day raises record $5.2 million, organizers at The Miami Foundation realized that Give Miami Day 2014 would be their most successful Giving Day yet. Thursday’s Give Miami Day raised $5.2 Note from Beth: It’s Giving Day Season!

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Ford’s self-driving cars will be available on Lyft’s platform in Miami and Austin

The Verge

Lyft customers in Miami will be able to hail a robotaxi from Argo AI, an AV startup backed by Ford and Volkswagen, by the end of the year, the companies announced Wednesday. By the end of the year, Argo’s autonomous vehicles will be available on the Lyft platform in Miami, where Argo has been testing its technology for the last several years.

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Cloud cybersecurity startup Lumu raises a $7.5 million Series A

TechCrunch

Miami-based cybersecurity startup Lumu today announced the closing of its $7.5 He founded his first cybersecurity company, Easy Solutions, in Miami in 2009, focused on preventing fraud. million Series A. The round was co-led by SoftBank Group Corp.’s s SB Opportunity Fund and Panoramic Ventures.

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Letterhead wants to be the Shopify of email newsletters

TechCrunch

You’re probably investing in an email newsletter these days, whether you’re an international brand, a nonprofit or a local news publisher. What if you want to make money from the newsletter content itself? Letterhead is actually a product spinout of a community publisher in Miami called WhereBy.Us Image Credits: Letterhead.

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Detroit VCs weigh in on fundraising and building startups in Michigan and the Midwest

TechCrunch

Like the one we held last month in Miami, the event was a blast and featured a talk with two local VCs on which startups work in Detroit and how to raise money from local investors. TechCrunch just hosted a small virtual meetup with Detroit startups and venture capitals.

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