Welcome to a two public-offering week. U.S software company Amplitude is expected to post a direct-listing reference price this evening and begin trading tomorrow morning, per publicly available IPO calendars. Warby Parker is also set to direct list later this week — more on its numbers here. Expect a raft of coverage from TechCrunch on […]
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Sudan military-civilian tensions reach low point in wake of coup attempt
September 27, 2021 CAIRO (Reuters) – Tensions between Sudan’s military and civilian politicians reached a low point on Sunday in the wake of last week’s attempted coup with senior officials calling on the public to prepare for protests over the withdrawal of official security details. The deteriorating relations have put the fragile transition to democratic […]
France’s Macron files complaint about jet-skiing photo – media
September 27, 2021 PARIS (Reuters) – French President Emmanuel Macron and his wife have filed a legal complaint after a Paris exhibition featured a photograph of him jet-skiing in a bathing suit while on holiday, French media reported on Monday. The exhibition “Presidents of the Republic on their holiday locations” was held in an art […]
British truckers: Life on the road with people smugglers, fuel thieves and few toilets
September 27, 2021 By Victor Jack LONDON (Reuters) – For Tom Reddy, it was the disgusting conditions that convinced him to quit as a British trucker, with few toilets and even fewer showers forcing drivers into desperate solutions at the side of the road. Reddy, 36, is stopping driving after 15 years, one of thousands […]
Greenland foreign minister demoted after independence comments
September 27, 2021 COPENHAGEN (Reuters) – Greenland’s Prime Minister Mute Egede stripped an outspoken pro-independence minister of his responsibility for foreign affairs on Monday, following comments about excluding non-Inuit citizens from a future vote on independence from Denmark. Foreign Minister Pele Broberg suggested in an interview published in Danish newspaper Berlingske earlier this month that […]
Struggle over Egypt’s Juhayna behind arrest of founder, son – Amnesty
September 27, 2021 CAIRO (Reuters) – Egyptian authorities are holding the founder of the country’s largest dairy products and juices producer and his son in conditions that amount to torture because of their refusal to cede their assets, Amnesty International said on Monday. There was no immediate response to a request for comment to the […]
Portugal’s ruling Socialists lead in local elections but lose Lisbon
September 27, 2021 By Andrei Khalip LISBON (Reuters) – Portugal’s ruling Socialists suffered a surprise setback in Sunday’s municipal elections, losing control of Lisbon after 14 years, though they remained the biggest party nationwide after a ballot that encompassed more than 300 city and town halls. Carlos Moedas, former European Commissioner for Research, Science and […]
U.S. top security adviser, Yemen envoy head to Saudi, UAE
September 27, 2021 (Reuters) -U.S. President Joe Biden’s national security adviser Jake Sullivan will travel to Saudi Arabia and the United Arab Emirates along with the U.S. special envoy to Yemen, the White House National Security Council said on Monday. Brett McGurk, the NSC’s Middle East and North Africa Coordinator, will also join Sullivan and […]
China says Canada should ‘draw lessons’ from Huawei exec case
September 27, 2021 By Gabriel Crossley and Brenda Goh BEIJING (Reuters) -The release of Huawei Chief Financial Officer Meng Wanzhou shows China’s strength and Canada should “draw lessons,” China’s foreign ministry said on Monday, after state media called it an opportunity for a reboot of bilateral relations. Meng landed in Huawei’s home city of Shenzhen […]
New Age Meats bites into $25M for cultured meat product line development
Berkeley-based cultured meat company New Age Meats announced Monday it raised $25 million in Series A funding that will enable the company to begin production of its first product offering, a variety of pork sausages, next year. Hanwha Solutions of South Korea led the funding round and was joined by existing investors SOSV’s IndieBio, TechU […]
Astera Labs, a fabless chip startup, nabs $50M at a $950M valuation to remove bottlenecks in high-bandwidth cloud applications
As more enterprises migrate to cloud-based architectures, they are also taking on more applications (because they can) and, as a result of that, more complex workloads and storage needs. Machine learning and other artificial intelligence applications add even more complexity. Now a startup that has built technology to make that process move faster and more […]
U.S. Space Force awards $87.5M to Rocket Lab, SpaceX, Blue Origin, ULA for next-gen rocket testing
The U.S. Space Force, the military branch spun out of the Air Force in December 2019, has announced its next batch of awards for projects related to next-gen rocket engine testing and upper stage improvements. The awards were granted by the Space Enterprise Consortium (SpEC), a program managed by the Space Force’s Space Systems Command. […]
Indian farmers stage nationwide protests against reforms
September 27, 2021 By Mayank Bhardwaj NEW DELHI (Reuters) -Indian farmers opposed to reforms they say threaten their livelihoods renewed their push against the changes with nationwide protests on Monday, a year after laws on the liberalisation of the sector were introduced. For 10 months, tens of thousands of farmers have camped out on major […]
Two transgender women win seats in German parliament
September 27, 2021 BERLIN (Reuters) – Two German politicians from the Greens have made history by becoming the first transgender women to win parliamentary seats in Sunday’s national election. Tessa Ganserer and Nyke Slawik stood for the Greens party, which came third in the election, increasing its share of the vote to 14.8% from 8.9% […]
Protests in Yemen’s third-largest city against crumbling currency
September 27, 2021 ADEN (Reuters) – Security forces fired shots in the air to disperse hundreds of protesters in Yemen’s third-largest city of Taiz on Monday as unrest over poverty spread in areas held by the Saudi-backed government. Dozens of people blocked a street and entrances to several districts in the disputed southwestern city with […]
EV maker Polestar strikes $20-billion deal with Gores Guggenheim SPAC
September 27, 2021 By Krystal Hu and Nick Carey (Reuters) -Swedish electric-car maker Polestar said on Monday it will go public by merging with a U.S.-listed blank-check firm backed by billionaire Alec Gores and investment bank Guggenheim Partners at an enterprise value of $20 billion.The deal with Gores Guggenheim will provide Polestar cash proceeds of […]
Kremlin says NATO expansion in Ukraine is a ‘red line’ for Putin
September 27, 2021 MOSCOW (Reuters) -The Kremlin warned on Monday that any expansion of NATO military infrastructure in Ukraine would cross one of President Vladimir Putin’s “red lines”, and Belarus said it had agreed to take action with Moscow to counter growing NATO activity. Belarusian President Alexander Lukashenko, a close Moscow ally, accused the United […]
At U.N., Israeli PM Bennett says Iran has crossed all nuclear “red lines”
September 27, 2021 By Michelle Nichols, Matt Spetalnick and Stephen Farrell NEW YORK (Reuters) -Israeli Prime Minister Naftali Bennett said on Monday that Iran had crossed “all red lines” in its nuclear program and vowed that Israel would not allow Tehran to acquire a nuclear weapon. In his first speech before the United Nations General […]
War crimes prosecutor would not focus on US forces in new Afghan probe
September 27, 2021 By Anthony Deutsch and Stephanie van den Berg AMSTERDAM (Reuters) -The prosecutor of the International Criminal Court on Monday said he was seeking approval to resume a war crimes investigation into Afghanistan, focusing on the actions of the Taliban and the Islamic State Khorasan (ISIS-K) militia. A statement said the request was […]
Belarus leader warns on NATO troops in Ukraine, migrant ‘catastrophe’
September 27, 2021 KYIV (Reuters) – Belarusian President Alexander Lukashenko warned on Monday of a joint response with Russia to military exercises involving troops from NATO member countries in neighbouring Ukraine. Lukashenko, who gave no details of the response, also blamed the West for what he said was a looming humanitarian catastrophe this winter after […]