Facebook’s smart glasses just found their AR lenses
Facebook has locked up an exclusive supply of smart glasses displays, inking a deal with a microLED specialist that could one day put digital lenses in wearable computers. Facebook’s Mark Zuckerberg has previously said that smart glasses are a focus for the company and predicted that they’ll arrive sometime this decade, but so far the limitations around power, connectivity, and display technology have meant it’s not quite practical yet.
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Mobile bank launches new 'Business account' feature
Monzo, a startup that acts as an online bank that users can access through their smartphones, is launching new business accounts. These include new features that allow users to manage most of their finances directly from their phones, including tax pots and integrated accounting. There is also a free version of this account that does not have this powerful functionality.
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TechCrunch
Food delivery startup DoorDash files for confidential IPO
The 13 billion USD food delivery startup DoorDash, which some say is currently the largest on-demand food delivery company in the US, has stated that it has applied for a confidential IPO, which will allow it to explore some of the benefits of a public listing without being subjected to strict scrutiny that accompanies a regular IPO.
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TechCrunch
SpaceX is chasing a $36 billion valuation
SpaceX is chasing a $36 billion valuation
Elon Musk's aeronautics company SpaceX is reportedly chasing a 36 billion USD valuation by seeking an additional 250 million USD in funding, which would increase the company's value by more than 2.5 billion USD. The company has shown strong revenue flows in the past due to lucrative contracts with NASA and comfortably raised 1.33 billion USD last year.
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TechCrunch
Musk's "Boring Company" Vegas tunnel half finished
Billionaire inventor Elon Musk's Boring Company started work in November 2019 on a tunnel under the Las Vegas Convention Center, which is supposed to be almost a mile long and will shorten a 15-minute walk to a 1-minute commute via specially modified Tesla electric vehicles, which will provide seating and standing space for up to 16 passengers. The tunnel is reported to be half-finished and will soon be operational.
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Cnet