Temasek and General Atlantic in talks to back Indian neobank Open – TechCrunch

Bangalore-based neobank Open is in advanced stages of talks to raise about $100 million, according to two sources familiar with the matter. Temasek, the Singaporean government’s sovereign wealth fund, and General Atlantic are positioning to co-lead the Series C financing round, which values the Indian startup at pre-money $600 million, the sources told TechCrunch, requesting…

Verizon Business Chief Revenue Officer talks private 5G network offering

Verizon Business CRO describes private 5G and MEC as like “peanut butter and jelly” Today Verizon Business announced its new private 5G network offering, On Site 5G, which is being marketed to large enterprises and public sector customers. When combined with related technologies like the internet of things, mobile edge computing, and machine learning/artificial intelligence,…

White Space and the Digital Divide

For roughly two decades we have been discussing the need for free access to commercially attractive spectrum in order to support new services and to expand the capacity and reach of existing wireless systems—particularly in rural and underserved areas. Today, this old topic is getting new life, with a greater spotlight on the digital divide,…

Tesla Delivers New Model S Plaid Car to First Customers

Tesla held its Model S Plaid delivery event on Thursday, June 10. The livestreamed gathering took place at Tesla’s manufacturing facility in Fremont, California. Tesla CEO Elon Musk arrived on stage in typically modest fashion — by hurtling around the Fremont test track at 100-plus mph in the new all-electric Plaid (see video above). Speaking…

Archer Aviation reveals 2-seater demonstration aircraft, a “stepping stone” toward commercial operations – TechCrunch

Archer Aviation unveiled its autonomous electric two-seater aircraft dubbed “Maker” on Thursday, which it will use for testing as it works towards certification of a larger piloted five-seater announced in March 2020. The aircraft unveiled on Thursday is not what would take to the skies should the company reach commercial operation in 2024. However, Archer’s…