Larsen & Toubro bought an IC design startup to enhance its IP and engineering capabilities in the semiconductor sector in a series of investments in and acquisitions of India-based chip startups.
L&T Semiconductor Technologies, an Indian startup set up less than a year ago, expects to begin developing chips for six automobile companies and eventually venture into the chipmaking business.
The Jet, a luxury bus startup, is offering $99 bus rides between Washington DC and New York. Its motorcoaches have motion-canceling seats, in-seat service, and six feet of legroom. The Jet's CEO and ...
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