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Tesla doubles supercharger network for all EVs under Biden’s $7.5B charging plan

Even Tesla has agreed to new requirements for companies seeking funding from the Biden Administration’s $7.5 billion EV charging initiative. The Biden Administration announced Wednesday the final standards for its plan to build a national network of 500,000 electric vehicle chargers along highways, including a requirement that all Inflation Reduction …

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Otonomo, a mobility data company with a 2021 SPAC IPO valuation of $1.4B, was acquired by Urgent.ly as its market cap fell to $70M

Otonomo, a connected automotive company that went public in 2021 and has seen a sharp decline in the value of its stock, recently announced a reverse merger with roadside assistance tech company Urgent.ly. In an all-share merger, Urgently shareholders will receive 67% of the combined company, and Otonomo shareholders will …

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Bitwarden purchases Passwordless.dev to assist businesses in user authentication without passwords

Bitwarden, an open source password management platform, has made its first known acquisition by purchasing Passwordless.dev, a young Swedish startup that specializes in assisting software developers in integrating passwordless authentication technology. The information was released shortly after Bitwarden, a competitor of 1Password and LastPass, revealed that it had received $100 …

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