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Shareholders approve Bird-SPAC merger, stock promptly falls

TechCrunch

first spotted the vote news ; Bird is based in the Los Angeles metropolitan agglomeration. Shares of Switchback II Corporation are off more than 14% in morning trading today, appearing to sell off sharply in the wake of news that the blank-check company’s merger with scooter company Bird has been approved by shareholders.

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Startup cynicism and Substack, or Clubhouse, or Miami, or …

TechCrunch

Some of those bets involved actual venture capital dollars. Others involved individual decisions on where to live: do you bet on the future of San Francisco or do you want to partake in the growth of some other startup hub? No one else built Substack, and that’s where the insecurity starts in the startup world.

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EdgeQ raises $51 million to fuse AI compute and 5G within a single chip

TechCrunch

One way to get all these technologies into single devices is just to agglomerate a bunch of off-the-shelf silicon chips and jam them into a product. EdgeQ, a stealthy silicon startup, emerged from stealth today to showcase a bit of its efforts around its new chip, and also to announce the closing of its $38.5 That bet has been made.