Drunk-driving provision could fuel demand for driver monitoring technology

Companies developing driver detection technology could get a boost from a provision tucked inside the 2,702-page $1 trillion infrastructure bill that would require automakers to build into new cars technology that can tell if drivers have had a few cold ones. The provision in the bill, which is act

Aduhelm approval sparks HHS watchdog review of FDA’s accelerated approval pathway

The Department of Health and Human Services (HHS) Office of the Inspector General will review the FDA's accelerated approval pathway, the office announced Wednesday. This sweeping review comes just two months after the controversial approval of Biogen's Alzheimer's drug Aduhelm. The rev

Qualcomm wants to buy Veoneer for $4.6B, beating Magna’s offer

The $3.8 billion sale of Swedish automotive tech company Veoneer to Magna International hit a roadblock Thursday after chipmaker Qualcomm submitted a bid for the company for $800 million more. Qualcomm's $4.6 billion bid, which comes in at $37 per share, has already received approval from the c

Yelp adds tools that let businesses share their COVID policies related to vaccines

As more businesses around the U.S. are choosing to implement vaccine requirements for patrons or staff, business discovery and review site Yelp is introducing new tools that allow businesses to communicate those changes to their customers. On Thursday, Yelp will begin rolling out two profile attrib

Allocations sees a world where myriad, smaller private equity funds are the norm

This morning Allocations, a fintech startup building software to help smaller private equity funds form and operate, announced that it has raised a $4 million round at a $100 million valuation. The startup also shared a host of performance metrics, including that it reached a $4.6 million revenue r

Automakers urge greater government investment to meet Biden’s EV sales target

President Joe Biden is expected to set an ambitious new target for half of all new auto sales in the U.S. to be low- or zero-emission by 2030, a plan that has received tentative support from the Big Three automakers pending what they say will require hefty government support. General Motors, Ford a

3 invaluable founder lessons I learned on my immigration journey

I was four years old when my dad first showed me a computer. I immediately asked him if we could take it apart to see how it worked. I was hooked. When I learned that Windows and Mac were based in the United States, I was 10. Since then, I've wanted to come here to launch my own tech business.

Warehouse drones take flight

Drones are neat and fun and all that good stuff (I should probably add the caveat here that I'm obviously not referring to the big, terrible mitary variety), but when it comes to quadcopters, there's always been the looming question of general usefulness. The consumer-facing variety are pre

Tomorrow's the final day for early-bird passes to TC Disrupt 2021

Great news for budget-conscious startuppers of every stripe. The early-bird price extension on passes to technewss Disrupt 2021 remains in play for just about two more days. Buy an early-bird pass — Innovator, Founder or Investor — and you'll revel in three full days of Disruption for less

Avoid these common financial mistakes so your startup doesn’t die on the vine

The startup world can be a rollercoaster. While investment continues to pour in — with both founders and investors looking for the next unicorn — the reality is that 90% of startups fail, with over half of those going under in the first three years. I've founded two companies that I grew an

With DoubleDash, DoorDash users can tack on multiple orders without additional fees

"speakable-summary" data-selectable-paragraph="">During the thick of the pandemic last year, online food delivery company DoorDash expanded its offerings to include convenience store delivery. Now, DoorDash customers in the U.S. and Canada can shop across multiple stores and categories in a single

European refurbished electronics marketplace Refurbed raises $54M Series B

Refurbed, a European marketplace for refurbished electronics which raised a $17 million Series A round of funding last year, has now raised a $54 million Series B funding led by Evli Growth Partners and Almaz Capital. They are joined by existing investors such as Speedinvest, Bonsai Partners and Al

Astra targets first commercial orbital launch for August 27

Astra’s last test launch went better than expected, nearly achieving orbit — kind of a stretch goal for that specific mission. The company at the time said that it would only need to tweak software to reach an orbital destination, and now we know when it’s going to get the chance to p

Cent, the platform that Jack Dorsey used to sell his first tweet as an NFT, raises $3M

Cent was founded in 2017 as an ad-free creator network that allows users to offer each other crypto rewards for good posts and comments — it’s like gifting awards on Reddit, but with Ethereum. But in late 2020, Cent’s small, San Francisco-based team created Valuables, an NFT marke