Month: September 2017

Boston-based private equity shop Berkshire Partners announced this afternoon that it is acquiring Accela — a nearly 20 year old startup that sells regulatory management solutions to government clients. Accela has gone through a troika of CEOs in the last year. Previously acting CEO Mark Jung replaced Maury Blackman last October who had managed the company for about
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Congressional investigations into Russia’s role in the 2016 U.S. presidential election are looking at the spread of misinformation on a number of online services — not just Facebook. In fact, Twitter is meeting with Congressional staffers today. Recode’s Tony Romm says Twitter’s Vice President of Policy Colin Corwell is currently in a closed-door meeting with
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Aeronautics industry giant Airbus is teaming up with hardware early-stage investment firm HAX to create a four-month accelerator program based in Shenzhen focused on a high-flying goal – “urban air mobility.” The program will seek to guide startups working on various aspects of flying cars and aerial city transportation, including air traffic management, perception systems,
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Autonomous vehicle technology startup Drive.ai has raised $15 million in a new round from Grab and others, Southeast Asia’s largest Uber rival. The added funding will help Drive.ai expand internationally, and it plans to open a Singapore office in the coming months in order to provide a base of operations for considering a deployment of
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Aston Martin has a new concept submarine designed in partnership with submarine maker Triton Submarines. The project is codenamed “Neptune,” and the concept designs envision a sleek underwater craft with aggressive pointy-ended pontoons and a central passenger bubble cockpit with an unobstructed, all-around view. The Neptune submersible combines Aston Martin’s design skills with Triton’s ability
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