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Ford, Rivian Abandon Plans For Joint EV

socalTECH

According to reports, the move came due to the difficulty of marrying Ford and Rivian's hardware and software together. Ford made a $500M investment in Rivian in 2019. Rivian had its IPO last week.

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Reflections On 2019: Peter Cowen, Sutton Capital Partners

socalTECH

While it was a good year for our merger and acquisition practice in the SaaS and fintech space, our most exciting news is in our merchant banking sector where we invest in and advise growth companies often for several years. Are there any technology innovations, gadgets/devices, software, that you found most interesting in 2019?

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Viant Files For IPO

socalTECH

Irvine-based Viant Technology, a developer of advertising software, has filed for an IPO, saying in a filing with the SEC that it is looking to raise up to $150M in an IPO on the Nasdaq Global Market as DSP. The company reported $9.9M in net income on $164M in revenues for the year ended December 31, 2019.

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KPCB has already blown through much of the $600 million it raised last year

TechCrunch LA

Kleiner Perkins , one of the most storied franchises in venture capital, has already invested much of the $600 million it raised last year and is now going back out to the market to raise its 19th fund, according to multiple sources. Speaking onstage at the Upfront Summit, an event at the Rose Bowl in Pasadena, Calif.

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Transportation Weekly: Uber’s spending habits, Tesla Model Y, scooters and AVs in Austin

TechCrunch LA

Welcome back to Transportation Weekly; I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch. This is where investigative reporting, enterprise pieces and analysis on transportation lives. This investment would give Uber ATG a valuation of between $5 billion and $10 billion, WSJ reported.

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Gimlet Media and Anchor: What Spotify’s Acquisitions Mean for Podcasts

Tech.Co

The company has stated that it plans to spend a total of $500 million on podcasting investments, meaning it still has a few hundred million to burn. Whether Spotify doubles down on its walled garden of audio or opts to invest in podcast ads, they’ll snag a big piece of a growing industry. No one’s saying that now.

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Top Strategies to Reduce Network Cost

Southern California Edison Blog

eliminate extraneous expenses and reduce investment risks. million, according to a Ponemon Institute and IBM Security 2019 Cost of a Data Breach report 1. million, according to a Ponemon Institute and IBM Security 2019 Cost of a Data Breach report 1. Enterprises looking to improve their network. Increase security.