face

Protesters who obstruct emergency vehicles could face felony charges under bill advanced in Texas House

Sign up for The Brief, our daily newsletter that keeps readers up to speed on the most essential Texas news.

In response to nationwide protests against police brutality last year, the Texas House on Wednesday moved to raise criminal penalties and require jail time for people who obstruct a roadway if it prevents the passage of an emergency vehicle or blocks a hospital entrance.

The House initially approved House Bill 9 on a 84-60 vote, but it still needs a final vote from the full chamber before it heads to the Senate.

The in-custody murder of George Floyd in

Read More

Biden’s chip dreams face reality check of supply chain complexity

SAN FRANCISCO (Reuters) – To understand President Joe Biden’s challenge in taming a semiconductor shortage bedeviling automakers and other industries, consider a chip supplied by a U.S. firm for Hyundai Motor Co’s new electric vehicle, the IONIQ 5.

FILE PHOTO: U.S. President Joe Biden delivers holds a semiconductor chip as he speaks prior to signing an executive order, aimed at addressing a global semiconductor chip shortage, in the State Dining Room at the White House in Washington, U.S., February 24, 2021. REUTERS/Jonathan Ernst/File Photo

Production of the chip, a camera image sensor designed by On

Read More

Biden’s chip dreams face reality check of supply chain complexity

By Hyunjoo Jin and Stephen Nellis

SAN FRANCISCO (Reuters) – To understand President Joe Biden’s challenge in taming a semiconductor shortage bedeviling automakers and other industries, consider a chip supplied by a U.S. firm for Hyundai Motor Co’s new electric vehicle, the IONIQ 5.

Production of the chip, a camera image sensor designed by On Semiconductor, begins at a factory in Italy, where raw silicon wafers are imprinted with complex circuitry.

The wafers are then sent first to Taiwan for packaging and testing, then to Singapore for storage, then on to China for assembly into a camera unit, and finally

Read More

Tesla Gets Good Buy Rating, but Will Face More Competition In EV Market

Stocks of Tesla rose Thursday morning after analyst Vijay Rakesh encouraged investors to buy the stock. Rakesh hailed Tesla as a “100 year disruptor driving an electric future” in a statement. Tesla’s stock rose 3.42% on the day as of around noon on Thursday March 11th. It is much needed for Tesla that this momentum keeps up. 2021 should be a strong year for Tesla selling their existing models along with the highly anticipated release of the cyber truck.

The Swiss bank came out with a statement saying electric vehicles will make up 100% of the automobile market by 2040.

Read More

Why PE firms targeting tech buyouts could face competition from SPACs

Private equity has become a well-established path to liquidity for VC-backed startups, but a rebound in IPO activity and the rise of SPACs could mean more competition for deals.

PE buyouts have gone from representing 9.7% of global VC exits in 2010 to 16.4% in 2020, according to PitchBook data, making them the fastest-growing exit type compared with strategic acquisitions and IPOs. These deals—many of which are tech-focused—have continued into this year. Notable examples include Platinum Equity-backed Cision’s $450 million purchase of Brandwatch from investors including Highland Europe and Nauta Capital, and Vista Equity Partners’ reported $1.1 billion deal for

Read More