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“#Lordstown Motors discloses Justice Department probe, SEC subpoenas” Lordstown Motors, an Ohio company under scrutiny over the number of orders it claimed it had for the electric trucks that it wants to produce, acknowledged receiving two subpoenas from federal regulators and that prosecutors in New York have opened an investigation. The Securities and Exchange Commission…
“#What pairs with beetle? Startups seek to make bugs tasty” LONDON — Tiziana Di Costanzo makes pizza dough from scratch, mixing together flour, yeast, a pinch of salt, a dash of olive oil and something a bit more unusual — ground acheta domesticus, better known as cricket powder. Di Costanzo is an edible insect entrepreneur…
“#Online pay firm Stripe reportedly hires law firm in first step toward big IPO” Digital payments processor Stripe, the most valuable US technology startup, has taken its first major step toward a stock market debut by hiring a law firm to help with preparations, according to people familiar with the matter. The 11-year-old company, which was…
“#British CEO blocked from US by ‘broken’ immigration system” The British co-founder and CEO of a $2 billion Miami-based startup says he can’t get back into the US because of what he called the “broken” US immigration system. “I’m banned from entering the US until next year. Yep, it sucks,” tweeted Harry Hurst, the co-CEO…
“# Utility-focused NFTs: the future of blockchain art? ” Transitioning from static digital collectibles to tokens with real utility will lead to a new generation of NFTs according to Tytan Inc the COO of NFTY labs, a platform focused on building products for the NFT space. In a recent interview with Cointelegraph, he said that…
“# Stablecoin insurance firm Bridge Mutual to protect against possible Tether depegging ” While the value of stablecoins like Tether (USDT) and USD Coin (USDC) is designed to be pegged to another asset, such as the U.S. dollar, the crypto industry has fretted for years about the possibility of a major depegging — especially amid U.S….
“#With 3D printed ‘steaks’, Spanish startup eyes the mass market” BARCELONA, June 29 – As demand for plant-based alternatives to meat rises, Barcelona-based startup Novameat is using its 3D printing technology to manufacture vegetarian “steaks” that it hopes will reach the mass market next year. Novameat plans to sell its “steaks” directly to consumers and…
“# Colombian capital supports blockchain and emerging tech with $2.3M fund ” Colombia’s capital of Bogotá is funding blockchain development as part of the city’s broader investment in innovative technologies. According to a Monday announcement on the city of Bogotá’s official website, the municipal government will provide 8.8 billion Colombian pesos ($2.3 million) to local…
“#Silicon Valley aviation startup accuses Larry Page-backed rival of stealing secrets” A legal dogfight is raging in Silicon Valley — with two deep-pocketed startups accusing each other of stealing futuristic airplane designs. Archer Aviation — which archrival Wisk Aero sued this spring for allegedly stealing its plans for an electric-powered “air taxi” that’s capable of…
“#Helicopter startup Blade had phony spokesman for years, CEO admits” A tony private aviation charter company took the media for a ride — when they made up a phony spokesman and issued press announcements under his name, an executive admitted in a new interview. Blade, which provides chartered jets and choppers to the wealthy, created…