Bulletins

It's lidar's world, and we're all just living in it

Aeva Inc raised $200 million in new funding ahead of a SPAC merger, one of several lidar startups to go public recently.

It's lidar's world, and we're all just living in it

Waymo recently opened its self-driving fleet in the Phoenix suburbs up to the public.

Aeva Inc., a lidar startup founded by ex-Apple engineers, raised $200 million in new funding, according to an announcement on Monday. In total, the company has raised over $560 million.

The news comes as Aeva prepares to go public via a SPAC merger with InterPrivate Acquisition Corp. It also comes amid a burst of interest in startups that specialize in lidar, technology that at its core uses lasers to measure distance. Fellow startups Velodyne and Luminar also went public through a SPAC, and Ouster recently said it would merge with Colonnade Acquisition CLA and begin trading on the New York Stock Exchange.

The surge is in-part due to the advancements in autonomous driving. Waymo recently opened up its self-driving fleet to the public in the Phoenix suburbs; Cruise said in December it would begin putting fully driverless cars on the road in San Francisco (the company previously had safety drivers in the vehicles). Apple is also said to be developing a self-driving car slated for unveiling in 2024.

While lidar is often discussed in the context of autonomous vehicles, the tech has broader applications for the automotive industry and beyond. Apple, for example, is rumored to be including a lidar scanner on all new iPhone models moving forward, according to Digitimes. It's currently available only on the iPhone 12 Pro.

Joe Williams

Joe Williams is a writer-at-large at Protocol. He previously covered enterprise software for Protocol, Bloomberg and Business Insider. Joe can be reached at JoeWilliams@Protocol.com. To share information confidentially, he can also be contacted on a non-work device via Signal (+1-309-265-6120) or JPW53189@protonmail.com.

apple cruise lidar waymo iphone technology
Latest Bulletins

Biden hopes privacy appeals for EU citizens will save data flows

President Joe Biden on Friday will sign an order to implement the details of an agreement with the EU, including new privacy protections for the bloc's citizens that authorities hope will finally regularize data flows between the two continents.

Keep Reading Show less

Lacework 'unifying' under single CEO as David Hatfield steps down

David Hatfield has stepped down as co-CEO of cloud security vendor Lacework but will remain on the company's board of directors, Protocol has learned.

Keep Reading Show less

The future of pay transparency in tech

California’s new pay transparency law, SB 1162, promises to shake up compensation in the tech industry by requiring employers in the state to list pay scales in job ads and reveal pay information to both the state and to current employees. We spoke with Susan Alban, operating partner and chief people officer at Renegade Partners, and compensation consultant Ashish Raina to learn how.

Keep Reading Show less

The EU ushers in the USB-C era

Pour one out for the Lightning cable.

Keep Reading Show less

Why $100 per ton is the carbon removal industry's holy grail

Carbon dioxide removal service buyers and sellers are focused on one metric: $100 per ton. It’s one of Frontier’s stated criteria that the fund uses to evaluate its advance purchases. In a survey of the long-duration carbon removal community, CarbonPlan found that stakeholders are focused on the $100 benchmark. The Department of Energy even announced that it would be investing in carbon removal research to bring the cost of the technology down to $100 per ton.

Keep Reading Show less

Google Stadia’s sudden shutdown leaves players and partners scrambling

When Google announced the closure of its Stadia cloud gaming platform last week, the news was delivered at roughly the same time to employees, partners, and players on Thursday morning. Within hours, it had become clear that Stadia’s shutdown, planned for next January, would involve more than just refunding consumer purchases and quietly bowing out.

Now developers are scrambling to salvage planned projects, migrate players to other platforms, and figure out whether they’re still owed money from Google before the search giant puts Stadia out to pasture for good.

Keep Reading Show less

Musk may buy Twitter after all

Trading of Twitter shares was briefly halted midday as CNBC and Bloomberg reported that Elon Musk now plans to go through with his deal to buy Twitter for $54.20 a share. The news was later confirmed.

Keep Reading Show less

The US will soon unveil expanded chip controls on China

The U.S. is set to unveil a fresh set of policies Thursday aimed at choking off China’s access to advanced chip manufacturing technology and the chips themselves, according to a person familiar with the matter.

Keep Reading Show less

Tech recruiters' best tips for sourcing talent on LinkedIn

Companies like Meta and Lyft have stopped hiring for the year, and that’s music to the ears of other tech companies that are still staffing up. Much of talent sourcing still takes place on LinkedIn, but many recruiters have found their own techniques to use the service more efficiently. We asked LinkedIn’s VP of talent acquisition and three outside recruiters for their best LinkedIn hacks for sourcing talent.

Keep Reading Show less

Kim Kardashian will pay $1.26 million over crypto post, SEC says

Kim Kardashian broke the internet, and according to the Securities and Exchange Commission, she also broke the securities laws.

Keep Reading Show less

Prison calls are wildly expensive. Gov. Newsom just made them free.

On Thursday, California Gov. Gavin Newsom signed into law a bill that makes phone calls from California’s prisons free of charge. The new law places the cost of calls not on incarcerated people — or the people receiving calls from them — but on the state’s Department of Corrections and Rehabilitation.

California is the second state after Connecticut and the biggest state by far to institute such a law, which is a direct shot at the $1.4 billion prison telecom industry. For years prison telecom companies have maintained rates that “can be unjustly and unreasonably high, thereby impeding the ability of inmates and their loved ones to maintain vital connections,” the FCC said in 2020.

Prison reform advocates argue the new California law will have a hugely positive impact on the families of incarcerated people in California — and potentially other states that follow California's lead.

Keep Reading Show less

CFPB Rohit Chopra's second year could be rockier than his first

Rohit Chopra arrived as director of the Consumer Financial Protection Bureau one year ago today. True to his reputation as an aggressive watchdog from his time as an FTC commissioner and an earlier stint at the CFPB, he has pursued a busy agenda that’s setting up regulatory battles to come.

Keep Reading Show less

Get ready for California's new pay transparency law

Tech salaries are about to get a lot more transparent. On Tuesday, Gov. Gavin Newsom signed a new law to require California employers to post salary ranges in job postings and report hourly pay data by employees’ race and sex to the state. We spoke with four employment lawyers and other pay transparency experts about what this means, and how to comply.
Keep Reading Show less

Microsoft is rushing to patch new zero-day Exchange vulnerabilities

Microsoft said Friday it's "working on an accelerated timeline" to provide a patch for two newly disclosed vulnerabilities affecting Exchange email servers, which the company acknowledged have been used in attacks on customers.

Keep Reading Show less

Google makes AV1 codec support mandatory for Android 14

Google is stepping up its push for open video formats: The company plans to force hardware manufacturers to support the AV1 video codec if they want to run Android 14 on their mobile devices, according to comments left in recent commits to the Android Open Source Project (AOSP) that were first spotted by Esper senior technical editor Mishaal Rahman.

Keep Reading Show less

Researchers disclose new zero-day Microsoft Exchange vulnerability

A troubling new vulnerability affecting Microsoft Exchange email servers has been disclosed by researchers, though details are still emerging on the severity and exploitability of the flaw.

Keep Reading Show less

New York follows California’s gas-powered car ban lead

The gas-powered vehicle ban dominoes have begun to fall.

Keep Reading Show less

Big Tech is trying to block the Texas social media law — again

Tech industry groups are once again pleading with the 5th Circuit to block HB 20, Texas' on-again, off-again social media law, which the court recently allowed to take effect.

Keep Reading Show less

What the massive Optus breach tells us about API security risks

Sometimes a major "hack" isn't really a hack at all, such as with some breaches caused by the mishandling of APIs.

Keep Reading Show less

The CFPB says MoneyLion violated a military lending law

The neobank MoneyLion charged service members excessive fees for loans and often refused to cancel paid memberships, according to a lawsuit filed Thursday by the Consumer Financial Protection Bureau.

Keep Reading Show less

Google adds Stadia to the Google graveyard

Google is shutting down its Stadia cloud gaming service, nearly three years after its launch and roughly 18 months since the company shut down its internal game development division.

Keep Reading Show less

Amazon is paying more workers early. Regulators might take a look.

Amazon announced pay raises and the rollout of new benefit programs to warehouse employees Wednesday. But one of those products may pose increased risks to the company’s most precarious workers: the expanded rollout of Amazon’s Anytime Pay Program.

Keep Reading Show less

Bay Area Big Tech must now disclose pay ranges in ads

More pay transparency is coming to California. The Golden State is joining New York City, Colorado, and Washington in requiring employers to disclose pay ranges in job ads.

Keep Reading Show less

Why Meta and Google want to keep job cuts quiet

Cost-cutting in tech is officially hitting the industry’s titans. After years of ruthless staffing up, both Meta and Google have told some employees to find new jobs within the company or leave, according to a report in The Wall Street Journal.

Keep Reading Show less

Calendly acquires Prelude, a recruitment startup

Calendly, the $3 billion scheduling startup that everyone likes to periodically fight about, has made its first acquisition: Prelude, a startup specializing in the hiring process. Prelude is specifically geared toward scheduling job interviews or other types of recruitment-related meetings.

Keep Reading Show less
Bulletins