article thumbnail

Fresh off dramatic majority shareholder exit, Firefly could be headed for a SPAC

TechCrunch

The new FCC filing , which relates to a proposed launch of Firefly’s second Alpha rocket from Vandenberg Air Force Base in California this spring, adds that the acquisition involved “the majority of Firefly Aerospace’s equity” and was by “special purpose acquisition vehicles controlled by AE Industrial Partners.”

Files 92
article thumbnail

China restricts exports of high-performance drones in blow to DJI

TechNode

It comes after Beijing faces accusations from the US that China may supply Russia with military technology for its conflict against Ukraine, Reuters has reported. Context: DJI, with the lions share of the global consumer drone market at over 70%, suspended sales and after-sales services in Russia and Ukraine in April 2022.

China 52
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Daily Crunch: Elon Musk sets sights on Twitter with unsolicited $43B takeover bid

TechCrunch

Here are some others we think you might enjoy today: In China news, Rita writes that the country’s banking association proposed restrictions on NFTs and that startups are rethinking their mainland strategies in light of stricter policies.

Twitter 101
article thumbnail

Daily Crunch: Corporate management startup Ramp doubles its valuation to $8.1B with new financing

TechCrunch

Tech talent flees Russia : As the Russian invasion of Ukraine grinds along, technology companies of all sizes are trying to figure out how to handle their business operations and staff. Short and to the point today: Follow our newest hire, the excellent Jacquelyn Melinek , who joined the TechCrunch+ team as a senior crypto reporter.

article thumbnail

Biden group launches TikTok account to boost the president’s agenda

The Verge

Biden’s initial Build Back Better proposal stalled out late last year, leaving expansive climate and social safety net provisions in limbo. The new announcement comes just weeks after The Washington Post reported that the White House was briefing TikTok creators about the war in Ukraine.

Group 68
article thumbnail

Daily Crunch: Citing ‘global market uncertainties,’ Sea flatlines Shopee India

TechCrunch

This is after Apple adjusted its most recent offer , with TechCrunch reporting the amended proposal “should result in definitive conditions for dating-app providers.” The company could face more fines if regulators don’t agree.

India 83
article thumbnail

Daily Crunch: Google announces global rollout for AI-driven ‘multisearch’ on mobile devices

TechCrunch

Psst, some Russian hackers are believed to be behind the “WhisperGate” data-stealing malware being used to target Ukraine, Carly reports. Now here’s four more that don’t talk about Google: We’re thinking this will ultimately be a no : Paul reports that a UK regulator is saying Microsoft’s proposed $68.7 Big Tech Inc.

Google 80