Astera Labs’ IPO pops 72% on first day, showing that investor demand for tech with an AI twist is high
Astera Labs started its life as a public company trading at $52.56 per share, up 46% when the bell rang. The company priced its IPO last night at $36 per share, above its raised price range. Astera’s debut marks the first material technology offering this year that TechCrunch is tracking.
Read moreWith backing from NATO Innovation Fund, OTB Ventures will invest $185M into European deep tech
OTB Ventures' new $185 million fund for deep tech in Europe will mostly be deployed at the Series A stage; but up to 10% could be allocated to seed funding, and more than 50% to follow-on investments. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreSurveillance has a body count
Photo by John Moore / Getty Images Customs and Border Protection (CBP) just released updated data on migrant deaths at the US-Mexico border, and the results are staggering. At least 895 people died at the border during the 2022 fiscal year — a 57 percent increase from the previous fiscal
Read moreSpaceX looks to scale astronaut launch capacity with second Florida pad
SpaceX is in the final stages of certifying a second pad for astronaut launches, which should ease launch site congestion and help the company scale the number of humans it sends to space. SpaceX has performed 13 crewed missions, and all of them launched from Launch Complex 39A at NASA’s
Read moreUsers say Glassdoor added real names to user profiles without their consent
One user said Glassdoor pulled her full name from an email and added it to her profile. Another user said it wasn't clear how Glassdoor got his data. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreLogging Made Easy: A Beginner’s Guide to Winston in Node.js
Learn how to set up Winston for logging in a Node.js project on Vultr Compute server and configure different logging levels. Continue reading Logging Made Easy: A Beginner’s Guide to Winston in Node.js on SitePoint.
Read moreCandela’s electric ferries multiply as the startup lines up $25M in new funding
Electric boat maker Candela is approaching cruising speed with $25 million in new funding and the first commercial deployment of its new P-12 ferry, in New Zealand. The company has global ambitions for its highly efficient boats, and has completed and delivered dozens of them — which is a lot
Read moreNBCUniversal’s Peacock will let you watch 4 livestreams at once for 2024 Paris Olympics
Today, during NBCUniversal’s annual technology conference, One24, the company revealed a slew of features coming to its streaming service Peacock ahead of the 2024 Paris Olympics in July. The most notable feature to launch on Peacock is multiview, which allows subscribers to view up to four simultaneous matches at once.
Read moreEU signals doubts over legality of Meta’s privacy fee
The European Union has given its strongest signal yet that a controversial tactic rolled out by Meta last November to extract consent to tracking from regional users of Facebook and Instagram — by forcing them to choose between paying a monthly subscription or else agree to tracking — won’t wash
Read moreAstera Labs’ IPO pops 54%, showing that investor demand for tech with an AI twist is high
Astera Labs started its life as a public company trading at $52.56 per share, up 46% when the bell rang. The company priced its IPO last night at $36 per share, above its raised price range. Astera’s debut marks the first material technology offering this year that TechCrunch is tracking.
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