Aurora Innovation, the high profile self-driving truck developer, on Thursday confirmed earlier reports that it would go public by merging with a special purpose acquisition company. At the same time, Aurora made no secret of how hard the journey would be: the company projected that it would burn $4.3 billion over the next six years, which means it will need to raise billions of dollars later on...
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Cloudflare Complaint Pinpoints Amazon’s Antitrust Weak Spot
Today’s blog post from top executives at Cloudflare blasting Amazon Web Services for the “egregious” fees it charges customers who move their data out of AWS’ servers raises an interesting question. Could the most fertile ground for pursuing antitrust action against Amazon lie in its cloud business, not the ecommerce business that gets all the attention from business media and politicians?...
Electric Truck Maker Rivian Raises $2.5 Billion Round
EU Gearing Up for Lengthy Probe of Facebook’s $1 Billion Kustomer Deal
AWS Accused of Gouging Customers for Networking Bandwidth
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