Wayve autonomous driving start-up backed by Microsoft, Virgin

Wayve autonomous driving start-up backed by Microsoft, Virgin

Wayve CEO and co-founder Alex Kendall. Wayve LONDON — U.K. autonomous driving start-up Wayve has been backed by a host of big name investors including Microsoft, Virgin and Baillie Gifford in a $200 million funding round that brings total investment in the company up to $258 million. Wayve did not disclose its new valuation but…

It’s an ‘open question’ whether omicron spells Covid endgame

It’s an ‘open question’ whether omicron spells Covid endgame

Dr. Anthony Fauci, White House Chief Medical Advisor and Director of the NIAID, responds to questions from Sen. Rand Paul (R-KY) at a Senate Health, Education, Labor, and Pensions Committee hearing on Capitol Hill on January 11, 2022 in Washington, D.C. Pool | Getty Images News | Getty Images White House chief medical advisor Dr….

Ford signs five-year payments deal with Stripe for e-commerce drive

Ford signs five-year payments deal with Stripe for e-commerce drive

A Ford F-150 pickup truck is offered for sale at a dealership on September 6, 2018 in Chicago, Illinois. Scott Olson | Getty Images Online payment processor Stripe has signed up Ford Motor Company as a customer, in a five-year deal aimed at bolstering the automotive giant’s e-commerce strategy. Ford Motor Credit Company, the carmaker’s…

Meituan backs chip start-up as Chinese giants pour money into space

Meituan backs chip start-up as Chinese giants pour money into space

China laid out seven “frontier” technologies in its 14th Five Year Plan. These are areas that China will focus research on and include semiconductors and brain-computer fusion. Yuichiro Chino | Moment | Getty Images And e-commerce giant Alibaba took the wraps off its own piece of silicon designed to go into servers in a data…

Thailand’s Baiya Phytopharm working on plant-based Covid vaccine

Thailand’s Baiya Phytopharm working on plant-based Covid vaccine

Thailand’s Baiya Phytopharm wants to develop the country’s first plant-based Covid vaccine. The start-up, founded by Dr. Suthira Taychakhoonavudh and Dr. Waranyoo Phoolcharoen in 2018, has been working on a vaccine using the leaves of an Australian tobacco plant. Suthira, a 37-year-old lecturer at Chulalongkorn University, told CNBC’s “Managing Asia” that she and her team…

China’s zero-Covid policy prolongs supply chain disruptions

China’s zero-Covid policy prolongs supply chain disruptions

Supply chain disruptions are being prolonged driven largely by China’s strict zero-Covid policy, according to an economist from Moody’s Analytics. The bottlenecks have lasted for about a year now but are expected to “materially ease in the early months of this year,” said Katrina Ell, a senior economist for Asia-Pacific at Moody’s Analytics. “So we would…

Microsoft investor Lamb sees change after harassment report vote

Microsoft investor Lamb sees change after harassment report vote

Natasha Lamb, a founding partner and portfolio manager at Arjuna Capital. Michael Prince Natasha Lamb was shocked. It was November, and Microsoft shareholders had just agreed with her proposal to push the software maker into issuing a public report on the effectiveness of its sexual harassment policies. Microsoft opposed the measure and urged investors to…