TechCrunch Industry News

Reliance Industries plans to invest up to $221 million in American electronics firm Sanmina to set up a joint venture as the Indian giant looks to expand its electronics manufacturing. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Tenderly, a startup that aims to make it easier for web3 developers “of all skill sets” to build blockchain products, has raised $40 million in a Series B round of funding – just months after closing on its Series A. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Ford today announced a significant restructuring to better focus on the different challenges and opportunities with electric vehicles and internal combustion engine (ICE) vehicles. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Alphabet’s drone service Wing this morning announced another milestone, as it hit 200,000 commercial deliveries. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Google has just announced that YouTube will geoblock the Kremlin-affiliated media outlets Russia Today (RT) and Sputnik in Europe, following pressure from regional lawmakers to choke off Russian war propaganda. Learn more about your ad choices. Visit podcastchoices.com/adchoices

This new monster round comes about a year after another big fundraise of $316 million in Series D financing. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Santa Barbara-based HearHere, the company behind an audio entertainment and immersive storytelling road-trip app, has raised $3.2 million in seed funding led by RV and outdoor retailer Camping World. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Carvana, the online used car marketplace, has agreed to buy Kar Global’s Adesa U.S. auction subsidiary for $2.2 billion in cash, an acquisition aimed at adding another revenue stream as well as a network of physical sites that could help bolster operations. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Elon Musk isn't getting a break from the SEC any time soon. WSJ reports the SEC is investigating whether Musk and his brother Kimbal violated insider trading regulations with recent share sales. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Meet Specify, a startup that is creating a common language for Figma and GitHub. Specify acts as a central repository and API for your design tokens and assets. Learn more about your ad choices. Visit podcastchoices.com/adchoices