Monthly Archives: August 2022

Volkswagen’s new US-made ID.4 starts at $37,495 with small battery

Enlarge / An ID.4 crosses a bridge in Chattanooga. Local production of the electric crossover has enabled a cheaper version with a smaller battery. (credit: Volkswagen) Last year, Ars visited Volkswagen’s factory in Chattanooga, Tennessee, where the company was preparing to begin local production of its ID.4 electric crossover. That factory is now up to…

From NDA to LOI: What really happens when your startup is being acquired?

Yair Snir Contributor Yair Snir is vice president and managing director of Dell Technologies Capital, leading venture investment activity in Europe and Israel. More posts by this contributor Getting acquired is a legitimate strategy for building your business What does an an acquisition process look like? There are two kinds of acquisition processes: planned and…

Pakistan central bank orders fintech Tag to refund customers

The State Bank of Pakistan, the South Asian nation’s central bank, has ordered fintech Tag to “immediately” refund all funds to customers citing violation of regulatory requirements and “other concerns,” posing existential questions on the startup’s future. The regulatory action follows a months-long probe into Tag, which offers banking and financial services to users in…

Play now, pay later: Halliday bags $6M seed round led by a16z

Blockchain-based games have seen a surge in popularity, but playing them is getting expensive. Play-to-earn games like StepN require players to purchase an NFT before they can participate, while other crypto video games offer users pricey upgrades such as virtual avatars and distinctive skins or costumes. Halliday, a startup founded last November by Akshay Malhotra…

3 steps tech companies can take to avoid ‘greenwashing’ accusations

Marjella Lecourt-Alma Contributor Share on Twitter Marjella Lecourt-Alma is the CEO and co-founder of Datamaran. Tech companies have historically been viewed more positively than other sectors when it comes to ESG issues, but over the past 24 months, impending climate-related regulations, and the rapid move toward greater accountability has meant that many tech companies are…