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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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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. Rather, it’s a combination of technologies that are predicted to become critical for the future of the internet of things across industries as diverse as shipping and security.

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Governor Murphy Announces Proposed Fintech Accelerator in Hoboken

American Entrepreneurship

“By targeting support to businesses and entrepreneurs in the innovation economy, many of which already call New Jersey home, the state in partnership with Stevens Institute will compound economic agglomeration up and down supply chains and bring thousands of quality jobs to Hudson County and the state.” “NJ

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

TechCrunch

And Miami is a bet that you can take a top global city without a massive startup ecosystem and agglomerate the talent necessary to compete with San Francisco, New York and Boston. Clubhouse believes it can reinvent radio with the right interactivity and build a unique social platform.