JetBlue and Spirit announced a $3.8 billion merger agreement after a previous deal between Spirit and Frontier Airlines fell apart Wednesday. The newly merged airline will be the fifth-largest in the US in a potential challenge to the dominance of the “Big Four” carriers. Spirit’s shareholders rejected the deal in favor of the more generous… Continue reading JetBlue will acquire Spirit, creating the fifth-largest airline in the US
Category: Tech News
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Pitch Deck Teardown: Alto Pharmacy’s $200M Series E deck
We cover a lot of health startups here on TechCrunch, and you know what it’s really hard to get any sort of excitement about? An online pharmacy that raised yet another round of funding. Don’t get me wrong, Alto Pharmacy raising a Series E is impressive, as is raising $200 million. But realistically, those companies… Continue reading Pitch Deck Teardown: Alto Pharmacy’s $200M Series E deck
It’s time for technology teams to find their voice in customer experience
Let’s face it — every company is delivering things through apps and websites or is supported by digital tools. The only way to truly differentiate from digitally saturated markets is to to be able to go above and beyond the call of duty to please customers. It’s not just the price or quality of a… Continue reading It’s time for technology teams to find their voice in customer experience
EV tax credits are back — and bigger — in new Senate climate bill
Senator Joe Manchin has had a change of heart about electric vehicles. The West Virginia Democrat, who previously described federal tax credits for EVs as “ludicrous,” announced a surprise deal with Senate Majority Leader Chuck Schumer on a reconciliation package that includes $369 billion for climate and energy measures aimed at slashing carbon emissions by… Continue reading EV tax credits are back — and bigger — in new Senate climate bill
It’s time for another round of anxiety over a Chinese rocket booster falling back to Earth
Sometime this weekend, a massive booster from a Chinese rocket will beginan uncontrolled fall back to Earth from space — and because of its considerable size and weight, parts of it may survive the descent through our planet’s atmosphere and hit the ground. The chances of the rocket hitting anyone and killing them are exceedingly… Continue reading It’s time for another round of anxiety over a Chinese rocket booster falling back to Earth
Deal Digest: Pak’s DealCart secures $4.5m pre-seed; India’s ChattyBao raises over $5m seed
Pakistan’s DealCart raises $4.5-million pre-seed led by Shorooq Partners while India’s ChattyBao Technologies raises over $5-million seed led by Vertex SEA and Info Edge. DealCart’s $4.5m pre-seed led by Shorooq Partners Pakistani group buying platform DealCart has raised a $4.5-million pre-seed round led by Shorooq Partners, according to a statement on Thursday. The Karachi-based startup… Continue reading Deal Digest: Pak’s DealCart secures $4.5m pre-seed; India’s ChattyBao raises over $5m seed
Can hydrogen fuel cells power Microsoft data centers?
Microsoft has reached a new milestone in its effort to ditch diesel in favor of cleaner energy at its data centers. The company announced today that it successfully tested a hydrogen fuel cell system powerful enough to replace a traditional diesel-powered backup generator at a large data center. As part of its plans to tackle… Continue reading Can hydrogen fuel cells power Microsoft data centers?
The Ford F-150 Lightning Pro SSV is an electric truck made for cops
Ford, the leading automaker when it comes to making and selling specially designed vehicles for law enforcement, revealed the F-150 Lightning Pro SSV, an electric truck specially designed for law enforcement. The truck is a variant of the F-150 Lightning Pro, which is a version of Ford’s electric pickup that’s aimed specifically at commercial customers… Continue reading The Ford F-150 Lightning Pro SSV is an electric truck made for cops
Pony.ai forms autonomous truck JV with Sany Heavy Truck in China
Autonomous vehicle company Pony.ai is forming a strategic joint venture with Sany Heavy Truck, a subsidiary of Chinese heavy equipment manufacturer Sany Heavy Industry, to create an autonomous truck brand. The plan is to combine Pony.ai’s “virtual driver” with Sany’s technical prowess in building heavy-duty trucks to build automotive-grade self-driving trucks with Level 4 autonomy,… Continue reading Pony.ai forms autonomous truck JV with Sany Heavy Truck in China
Samsung posts 12 percent increase in profit but warns of weak mobile and PC demand
For the second quarter of 2022, Samsung has reported a consolidated revenue of KRW 77.2 trillion (US$59.4 billion), which is a record high for the quarter ending on June 30th. Samsung’s operating profit also reached KRW 14.1 trillion (US$10.8 billion) — that’s 12 percent higher from the same period a year earlier and is its… Continue reading Samsung posts 12 percent increase in profit but warns of weak mobile and PC demand