in the news

January 17, 2023 COLUMBUS, Ohio, — Lower today debuts a new Mortgage as a Service (MaaS) platform that easily allows consumer brands to offer mortgage products to their customers. After piloting the service, Opendoor, a leading e-commerce platform for residential real estate transactions, moved their mortgage fulfillment to Lower exclusively.

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January 11, 2023 To better enable startups and SMBs to protect their cloud data across files, apps, and databases, we’re excited to announce DigitalOcean’s acquisition of SnapShooter, a backup and recovery solutions provider. SnapShooter makes cloud backups simple, fast and flexible, offering one system to consolidate all backups so you can be confident in knowing … Continued

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January 4, 2023 AMSTERDAM & SANTA CLARA, Calif.–(BUSINESS WIRE)– Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) and Archer Aviation Inc. (NYSE: ACHR) today announced that they have agreed to significantly expand their partnership by joining forces to manufacture Archer’s flagship electric vertical take-off and landing (eVTOL) aircraft, Midnight. Stellantis will work with Archer … Continued

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January 2, 2023 BEIJING, Jan. 2, 2023 /PRNewswire/ — Zhihu Inc. (“Zhihu” or the “Company”) (NYSE: ZH; HKEX: 2390), the operator of Zhihu, a leading online content community in China, today announced that its board of directors has appointed Mr. Henry Dachuan Sha as a Director and the Chief Financial Officer of the Company, effective … Continued

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December 13, 2022 I’m excited to share the news that we’ve launched our industry-defining marketplace, Opendoor Exclusives in our Dallas-Fort Worth and Austin markets. We’ve designed Opendoor Exclusives to be a new marketplace where you can directly buy and sell a home, without any of the hassle of the traditional real estate model. We are … Continued

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December 13, 2022 Buying or selling a home is complicated enough, but when you have to sell your current home to buy a new one, the need to coordinate multiple parties and timelines intensifies. But just as you use your phone to book a flight, hail a ride, or order groceries, imagine that you buy … Continued

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December 13, 2022 Opendoor CEO and Co-Founder, Eric Wu shared this email to Opendoor teammates on December 1, 2022. A press release was also issued in relation to this news here. To my Opendoor community, I’ve decided to transition from my role as CEO to President of Marketplace, and we are naming Carrie Wheeler as … Continued

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December 13, 2022 On the heels of launching in more than 50 markets across the country, today we’re bringing a seamless homeselling experience to customers in two more cities: Charleston, South Carolina and Richmond, Virginia. With their rich histories, beautiful architecture, and bustling art and food cultures, Charleston and Richmond bring Southern charm to our … Continued

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December 13, 2022 We are redefining an industry that traditionally has had no technology behind it,and setting the standard for the future. While I reflect back over the progress we’ve made, I am also energized by the growth and innovation that lies ahead. And today’s announcement marks the beginning of our next chapter, with Raji … Continued

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December 06, 2022 SUNNYVALE, Calif.– PingCAP, the leading distributed SQL database provider, today announced it has been named a “Strong Performer” in The Forrester Wave™: Translytical Data Platforms, Q4 2022 report by Forrester Research, Inc., a leading independent research and advisory firm. The report’s findings were based on a 26-criteria evaluation of the 15 vendors … Continued

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December 1, 2022 ANTA CLARA, Calif.–(BUSINESS WIRE)– Archer Aviation Inc. (NYSE: ACHR) today announced that Maker successfully completed its first transition to full wing-borne flight on November 29, 2022. Maker has 12 propellers attached to six booms on a fixed wing. All 12 propellers provide vertical lift during take-off and landing.

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November 16, 2022 Having moved cross-country and cross-continent multiple times, I know firsthand how headache-inducing the traditional real estate process can be. While the transition itself can be exciting, the traditional way of selling your home can be cumbersome, lengthy, and full of unknowns, making it an incredibly overwhelming and anxiety-ridden experience. This is one … Continued

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November 29, 2022 Since our first market launch in Phoenix, AZ, we have expanded coast-to-coast—from San Diego to Long Island. We’ve built the first end-to-end platform for transacting real estate online, and we’ve reached more than 160,000 transactions, helping our customers nationwide simplify their move. We’ve addressed the headaches that so often come with a … Continued

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November 29, 2022 Providing customers with a simple, certain, fast and trusted moving experience is at the heart of what we do at Opendoor. Opendoor Complete combines selling, buying and closing into one seamless transaction. Paired with Opendoor Backed Offers, we’re helping everyone win their dream home. Continuing with this effort, we’re pleased to announce … Continued

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November 23, 2022 Those who have ever applied for a mortgage know how cumbersome the process can be. Gathering countless documents from multiple sources. Endless questions about employment status or discrepancies between credit reports. It can take days if not weeks to get pre-approved. Just enough time to watch a dream home go to another … Continued

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November 29, 2022 Following our big move into the Northeast last month, our 2022 market momentum continues, allowing us to free sellers from the complexities and uncertainties of a slow and outdated process. Today, we’re expanding our footprint in the Midwest, bringing that simple experience that everyone deserves to the greater Detroit area. We’re also … Continued

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December 20, 2022 SANTA CLARA, Calif.–(BUSINESS WIRE)– Archer Aviation Inc. (NYSE: ACHR) today announced that the proposed Airworthiness Criteria for its Midnight aircraft have been published in the Federal Register by the FAA, a significant milestone on its path to commercializing urban air mobility in the U.S. Midnight is designed to be safe, sustainable, quiet … Continued

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November 14, 2022 SANTA CLARA, Calif.–(BUSINESS WIRE)– Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced plans to locate its manufacturing facility in Covington, Georgia at a site adjacent to the Covington Municipal Airport. Archer plans to initially build out a 350,000 square-foot facility on a 96-acre … Continued

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November 10, 2022 NEW YORK–(BUSINESS WIRE)– Archer Aviation Inc. (NYSE: ACHR) and United Airlines (NASDAQ: UAL) today announced their first airport to city center route between United’s hub at Newark Liberty International Airport (EWR) and New York City. The Downtown Manhattan Heliport, located just above Battery Park on Pier 6, has been confirmed as the … Continued

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November 01, 2022 SAN MATEO, Calif.– PingCAP, the leading distributed SQL database provider, during the keynote session at today’s HTAP Summit, announced the beta release of its Serverless Tier on TiDB Cloud. The Serverless Tier, currently available on Amazon Web Services, is a fully managed self-driving HTAP database service that enables developers to deploy their … Continued

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October 12, 2022 Backed by investors such as Lightspeed Venture Partners, Blockchain.com will become the 18th crypto firm to operate in Singapore out of roughly 180 that have applied for a payments license since 2020, according to the Reuters report.

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September 9, 2022 Blockchain.com has won provisional regulatory approval to operate in Dubai, according to a Reuters report. The London-based exchange has signed a contract with Dubai’s Virtual Assets Regulatory Authority (VARA) – the city’s new digital assets regulations agency – to open up an office in the emirate, the story said, though it remains … Continued

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September 9, 2022 Blockchain.com has won provisional regulatory approval to operate in Dubai, according to a Reuters report. The London-based exchange has signed a contract with Dubai’s Virtual Assets Regulatory Authority (VARA) – the city’s new digital assets regulations agency – to open up an office in the emirate, the story said, though it remains … Continued

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August 24, 2022 SANTA CLARA, Calif.–(BUSINESS WIRE)– Archer Aviation Inc. (NYSE: ACHR), a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced the appointment of Dr. Michael Romanowski as Head of Government Relations. In his role, Romanowski will collaborate with regulatory authorities and industry to form a forward-leaning position on policy, process and … Continued

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August 23, 2022 DigitalOcean Holdings Inc., a cloud services provider, agreed to acquire website-hosting firm Cloudways for $350 million in an all-cash deal. DigitalOcean will buy Malta-based Cloudways in a bid to pick up more small-and-medium sized business customers. The transaction is expected to close in September, and a “significant portion” of the $350 million … Continued

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August 18, 2022 Chime is excited to announce the promotion of several of its executive leadership team members in the areas of people, customer experience, and technology. The following leaders will now be officers of the company. Their promotions are evidence of their contributions and impactful work to advance Chime’s mission of helping everyday people … Continued

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August 10, 2022 SANTA CLARA, Calif.–(BUSINESS WIRE)– Archer Aviation Inc. (NYSE: ACHR) today announced that it has received a $10 million pre-delivery payment from United Airlines for 100 of the company’s initial production eVTOL aircraft. The payment represents a watershed moment for the eVTOL industry, validating confidence in the commercialization of eVTOL aircraft and Archer’s … Continued

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August 4, 2022 SEATTLE and SAN FRANCISCO – Zillow, Inc. (Nasdaq: Z and ZG) and Opendoor Technologies Inc. (Nasdaq: OPEN) have announced a multi-year partnership that combines two category leaders to transform how people start their move. The partnership will allow home sellers on the Zillow platform to seamlessly request an Opendoor offer to sell … Continued

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July 28, 2022 SANTA CLARA, Calif.–(BUSINESS WIRE)– Archer Aviation Inc. (NYSE: ACHR) today announced that it has successfully completed all of its “critical azimuth” flight tests, marking the completion of the second of three key phases of flight testing. The purpose of these tests are to validate the crosswind capabilities of Archer’s eVTOL aircraft configuration … Continued

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June 28, 2022 SANTA CLARA, Calif.–(BUSINESS WIRE)– Archer Aviation Inc. (NYSE: ACHR) today announced that based on the recent successes seen in its Maker flight testing program, it is confident it will achieve its goal of flying full transition flights with Maker by year end. The work the team put in during the first half … Continued

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June 16, 2022 SAN MATEO, Calif., – PingCAP, the leading distributed SQL database provider, has been recognized by customers as a Strong Performer in 2022 Gartner® Peer Insights™ Voice of the Customer in Cloud Database Management Systems report. Gartner defines Cloud Database Management Systems as the “vendors that fully supply provider-managed public or private cloud … Continued

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June 13, 2022 SAN JOSE, Calif.–(BUSINESS WIRE)– Archer Aviation Inc. (NYSE: ACHR) today announced that it will be included in the Russell 2000® and 3000® Indexes at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the US market opens on June 27, 2022.

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June 7, 2022 SAN MATEO, CA: PingCAP, the leading distributed SQL database provider, today announced the availability of TiDB Cloud, the company’s fully-managed database as a service, on Google Cloud Marketplace at a global scale. As a NewSQL product on Marketplace, TiDB Cloud is expanding its reach to provide Google Cloud customers with scalability and … Continued

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June 7, 2022 Fintech’s mightiest privately owned companies continued to grow over the past year, but declining investment in the industry signals stormy waters ahead. It’s turning into a sobering year for fintech. After a carnival of new unicorns and mega-funding rounds in 2021, private fintech companies are now scrambling to cut costs and stretch … Continued

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May 24, 2022 DigitalOcean is committed to providing products that serve developers throughout their journey, and access to serverless computing has been one of the most popular requests from DigitalOcean users who want to spend less time managing their infrastructure and more time building impactful applications. In recent years, serverless computing has gained tremendous popularity … Continued

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May 23, 2022 Chime today announced that Vineet Mehra will join the company as its new Chief Marketing Officer, effective May 31, 2022. Mehra will help the company to further its mission of helping its members achieve financial peace of mind.

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May 17, 2022 In the tenth annual Disruptor 50 list, CNBC highlights private companies that grew through the ups and downs of the pandemic and are poised to meet increasing economic and consumer challenges. The 50 companies selected using the proprietary Disruptor 50 methodology have raised over $56 billion in venture capital, according to PitchBook, … Continued

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May 16, 2022 BEIJING /PRNewswire/ — Zhihu Inc. (NYSE: ZH; HKEX: 2390) (“Zhihu” or the “Company”), the operator of Zhihu, a leading online content community in China, today announced the appointment of Mr. Dingjia Chen as a director of the Company. In addition, Mr. Jiatong Peng has tendered his resignation as a director of the … Continued

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May 11, 2022 PingCap is aiming to make it easier for organizations to use the open source TiDB distributed hybrid transactional and analytical processing database with the general availability of the TiDB Cloud service. As an HTAP database, TiDB combines functionality that is commonly found in online transaction processing and online analytical processing databases in … Continued

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May 10, 2022 SAN MATEO, CA: PingCAP, the leading distributed SQL database provider, today announced the general availability of TiDB Cloud, its fully managed Database-as-a-Service offering. After a year of extensively testing TiDB Cloud in public preview with partners and customers, enterprises can now run their mission critical transactional and real-time analytical workloads against a … Continued

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April 29,2022 Chime recently welcomed Darragh Whelan as VP of Risk & Support Engineering to oversee the engineering function for risk and member services. Darragh will lead engineering around our decisioning platform. The platform protects Chime’s business and member base, as well as our member services and identity management services. His immediate priorities are to … Continued

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April 27, 2022 PALO ALTO, Calif.–(BUSINESS WIRE)– Archer Aviation Inc. (NYSE: ACHR) and United Airlines (NASDAQ: UAL) have announced the creation of a joint eVTOL advisory committee. The committee is focused on advising on maintenance and operational concepts to recommend to Archer for its all-electric aircraft aimed at driving towards best-in-class operational standards in the … Continued

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April 21, 2022 Chime Financial, Inc. (“Chime”) is pleased to submit this statement for the record on the Subcommittee on Consumer Protection and Financial Institution’s hearing on, “The End of Overdraft Fees? Examining the Movement to Eliminate the Fees Costing Consumers Billions.” Chime thanks Chairman Perlmutter and Ranking Member Luetkemeyer for holding this important hearing … Continued

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April 18, 2022 Cryptocurrency startup Blockchain.com is interviewing banks for an initial public offering that could take place as soon as this year, according to people familiar with the matter. An IPO might not happen until next year and the company’s plans could change, said the people, who asked not to be identified because the … Continued

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April 18, 2022 Archer Aviation Inc. (NYSE: ACHR) today announced that Adam Goldstein has been named sole CEO, as the company prepares for its next phase of growth in the fast-developing urban air mobility market. Brett Adcock, Archer’s co-founder and former co-CEO, will remain on the Company’s Board of Directors. The Company took this step, … Continued

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April 14, 2022 Zhihu Inc. (NYSE: ZH) (“Zhihu” or the “Company”), the operator of Zhihu, a leading online content community in China, today announced the pricing of the global offering (the “Global Offering”) of 26,000,000 Class A ordinary shares of the Company (the “Sale Shares”) by certain selling shareholders, which comprises an international offering (the … Continued

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April 13, 2022 For the first time, a crypto exchange is partnering with an NFL team in a long-term, exclusive relationship that could bring further exposure of digital assets to mainstream audiences. The partnership between Blockchain.com and the Dallas Cowboys was announced on Wednesday at the NFL team’s headquarters in Frisco, Texas, by Jerry Jones, … Continued

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April 6, 2022 DigitalOcean Holdings, Inc. (NYSE:DOCN), the cloud for developers, startups and SMBs, today announced the launch of DO Impact, a global social impact program aimed at empowering changemakers through products, philanthropy, and people — enabling the internal and larger DigitalOcean communities to give back. “Our mission is to help the builders of the … Continued

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April 5, 2022 On the heels of our recent expansion into the San Francisco Bay Area, today, we’re proud to announce a major move into the Northeast: we are now officially live in New Jersey and New York! Starting today, residents in more than fifteen counties and more than 450+ ZIP Codes across New Jersey … Continued

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March 30, 2022 Startup Blockchain.com said it raised new funding that values the company at about $14 billion, more than doubling its worth in a sign that cryptocurrency firms still enjoy the favor of investors in turbulent venture capital markets. The financing round, which vaults Blockchain.com into the ranks of the most valuable crypto companies, … Continued

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March 21, 2022 Crypto exchange Blockchain.com has acquired Altonomy’s over-the-counter (OTC) trading desk. Blockchain.com told CoinDesk it has already integrated Altonomy’s “core systems” with the firm’s existing OTC trading capabilities, according to Vice President of Markets Dan Bookstaber. Twenty-six Altonomy employees have also moved over, he said. He declined to disclose the terms of the … Continued

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February 15, 2022 National homebuilder Lennar and iBuyer Opendoor announced the expansion of their partnership into Miami on Tuesday. Lennar, the second largest homebuilder in the U.S., has been based in Miami since 1954. “Our strategic partnership with Opendoor underscores Lennar’s focus on implementing technology and innovation to enhance all aspects of homebuying and homebuilding,” … Continued

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February 10, 2022 SAN MATEO, Calif., – TiDB Cloud, a fully managed TiDB service from PingCAP is now available in AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that makes it easy to find, test, buy, and deploy software that runs on Amazon Web Services (AWS). This availability allows … Continued

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February 8, 2022 When we founded Opendoor in 2014, we had a handful of people working relentlessly in a one-room office in San Francisco. It was a small team with a simple but ambitious mission – empower everyone with the freedom to move, one that remains true today. Together we are changing a broken process … Continued

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December 20, 2021 Archer Aviation Inc. (NYSE: ACHR) today announced that Maker, Archer’s eVTOL demonstrator aircraft, completed its first successful hover flight. The flight marks the completion of the company’s first full and complete systems test and validation of every hardware and software component working as intended to move the aircraft into the air. The … Continued

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December 2, 2021 Archer Aviation Inc. (NYSE: ACHR) today announced it has received a Special Airworthiness Certificate from the Federal Aviation Administration (“FAA”) covering its Maker demonstrator aircraft. The Special Airworthiness Certificate authorizes Archer to begin flight testing its electric vertical takeoff and landing (eVTOL) Maker aircraft. Having cleared this final threshold to begin off-ground … Continued

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November 30, 2021 Blockchain.com, one of the world’s oldest and most trusted cryptocurrency platforms, has acquired SeSocio, one of the largest crypto companies in Argentina and one of the most prolific across Latin America. With its largest acquisition to date, Blockchain.com accelerates its rapidly growing footprint across Latin America, armed with a team committed to … Continued

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November 15, 2021 DigitalOcean Holdings, Inc. (“DigitalOcean”) (NYSE: DOCN) today announced the pricing of its offering of $1.3 billion aggregate principal amount of 0% convertible senior notes due 2026 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The … Continued

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November 4, 2021 Nearly 8 years ago, we set out to make selling, buying and closing on a home simple, certain, and fast. Our vision is to make the entire experience as easy as a tap of a button. First, we built a pricing algorithm that ingested millions of data points to provide sellers with … Continued

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October 27, 2021 A little more than a year ago, we partnered with Realtor.com to provide the millions of homeowners who visit their website each year with a simple, certain, fast and trusted way to sell their home. Since then, we’ve seen tremendous consumer response. Given the uncertainty and stress that can come with a … Continued

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October 23, 2021 San Francisco digital bank Chime is in talks to go public at a valuation of $35 to $45 billion, according to a person familiar with the matter, and it’s targeting March of 2022 for the IPO. The company’s revenue will likely reach $900 million to $1 billion this year, the person said. … Continued

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September 23, 2021 Access Technology Ventures, the venture capital and growth technology investment arm of privately held industrial group Access Industries, announced today an additional $300 million purchase of stock of Opendoor Technologies Inc. (NASDAQ: OPEN), a leading digital platform for residential real estate. Access’ $1 billion position makes it Opendoor’s largest shareholder. Access’ additional … Continued

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September 7, 2021 As developers look for ways to simplify how they create software, serverless solutions, which enable them to write code without worrying about the underlying infrastructure required to run their applications, is becoming increasingly popular. DigitalOcean announced today that it is enhancing its existing offering in this area with the acquisition of serverless … Continued

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September 7, 2021 Archer Aviation Inc. (“Archer”), a leading developer of all-electric vertical takeoff and landing (“eVTOL”) aircraft has been actively engaged with the FAA through its Center for Emerging Concepts & Innovation and the Los Angeles Aircraft Certification Office to develop the airworthiness and environmental requirements necessary for full certification of its eVTOL aircraft. … Continued

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September 6, 2021 Archer Aviation Inc. (NYSE: ACHR) today announced it has received a Special Airworthiness Certificate from the Federal Aviation Administration (“FAA”) covering its Maker demonstrator aircraft. The Special Airworthiness Certificate authorizes Archer to begin flight testing its electric vertical takeoff and landing (eVTOL) Maker aircraft. Having cleared this final threshold to begin off-ground … Continued

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September 3, 2021 Archer Aviation Inc. (“Archer”), a leading developer of all-electric vertical takeoff and landing (“eVTOL”) aircraft, today announced an agreement with the USAF to establish a collaborative strategy to explore the technical readiness and suitability of Archer’s eVTOL aircraft for USAF purposes. As Archer continues its work towards achieving FAA Type Certification of … Continued

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