Max Q: Have luck and good fun

Hello and welcome back to Max Q! In this issue: Relativity scrubs first Terran 1 launch attempt Claims of age discrimination in hiring at Blue Origin News from Starfish... Read more »

Meta winds down support for NFTs on Instagram and Facebook

Looks like Meta is NGMI, as some might put it. Meta’s head of commerce and financial technologies Stephane Kasriel posted on Twitter that the company will sunset its NFT... Read more »

SVB’s mess could become stablecoins’ problem

After USDC depegged from $1 last week, many in the crypto industry are questioning whether Silicon Valley Bank’s collapse will have bigger implications on the stablecoin ecosystem. The supposedly... Read more »

Y Combinator cuts nearly 20% of staff, scales back growth stage investments

Y Combinator will be writing fewer checks for late-stage companies, a scale back that also cost 17 team members — or roughly 20% of the accelerator’s employees — their... Read more »

Spotify’s new ‘DJ’ feature is the first step into the streamer’s AI-powered future

Spotify has bigger plans for the technology behind its new AI DJ feature after seeing positive consumer reaction to the new feature.  Launched just ahead of the company’s Stream... Read more »

Volkswagen and PowerCo to build North American battery factory in Canada

Volkswagen Group and its battery company PowerCo have picked Canada for its first overseas battery cell factory. The plant, located in St. Thomas, Ontario, will produce battery cells beginning... Read more »

Apple’s AR/VR headset reportedly being pushed out due to ‘huge pressure to ship’

Stop me if you’ve heard this one before: Apple is building a mixed reality headset that’s set to ship this year. The company’s MR (AR+VR) hardware ranks among its... Read more »

China’s robotaxi upstart WeRide confidentially files for IPO: Bloomberg

WeRide.ai, one of the most funded Chinese robotaxi operators, has confidentially filed to go public in the U.S., Bloomberg reported on Monday. The company declined to comment when reached... Read more »

Despite 2022’s volatility, VC funds performed better than you think

Over the last year, the venture industry has had a tough time. Many feared that the bull market had pushed valuations to unsustainable heights and would result in a... Read more »

Porsche adds all-electric flagship SUV to its growing EV lineup

Porsche said Monday it will add a full-sized all-electric SUV to its lineup — slotting above several other upcoming EVs — as part of its goal for 80% of all... Read more »
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