Category: Automotive

EV market share in Southeast doubles as industry brings almost $33 billion to the region

If you see more electric vehicles across the southern United States, it’s not just you. According to the annual Transportation Electrification in the Southeast report, EV market share in the region doubled from last year with Tesla and Hyundai leading the way. And, perhaps more important, the industry’s growth is bringing new jobs to the region. The Southeast… Continue reading EV market share in Southeast doubles as industry brings almost $33 billion to the region

Tesla expands its Full Self-Driving Beta to 60,000 more owners

Tesla has decided to expand its Full Self-Driving (FSD) Beta program for the first time in a long time. After adding 60,000 additional owners, Tesla’s FSD Beta will have over 160,000 people in the program. The FSD Beta program enables Tesla vehicles to drive autonomously to a destination entered in the car’s navigation system, but… Continue reading Tesla expands its Full Self-Driving Beta to 60,000 more owners

Singapore-based Tower Capital Asia closes maiden PE fund at $379mThe capital raised exceeded the firm’s original target of $300 million.

Singapore-based, mid-market private equity firm Tower Capital Asia has closed its maiden blind-pool private equity fund at $379 million, surpassing the firm’s original target of $300 million. The vehicle, Tower Capital PE Fund I, comprises $324 million in primary commitments and $55 million in co-investment commitments, the firm said in a statement. Limited partners who… Continue reading Singapore-based Tower Capital Asia closes maiden PE fund at $379mThe capital raised exceeded the firm’s original target of $300 million.

Data Vantage: Partipost, Ralali, JobHopin and TWID report funding updates

Partipost, a Singapore-based crowd influencer marketing, and commerce platform, allotted preference shares worth more than $10 million last week. Recipients include iGlobe Partners, Pavilion Capital, zVentures, SPH Ventures and Quest Ventures. Earlier last year, the startup secured $5 million in an oversubscribed extended Series A round led by Quest Ventures. Partipost drives authentic word-of-mouth marketing… Continue reading Data Vantage: Partipost, Ralali, JobHopin and TWID report funding updates

Guy Who Invented the Word “Metaverse” Building His Own Metaverse

The science fiction icon who coined and popularized the term “metaverse” is pausing his literary career to build his own. As revealed by Wired, “Snow Crash” author and cyberpunk pioneer Neal Stephenson is working with a crypto bro to create an open metaverse platform that will, its creators hope, be a more decentralized version of… Continue reading Guy Who Invented the Word “Metaverse” Building His Own Metaverse

Former Google CEO Issues Dire Warning About China

A new report warns that China could soon be able to rule over the US economy and military using cutting edge tech — a sign that the country is increasingly concerned about China’s recent leaps in technological advancements. The report was compiled, notably, by the think tank Special Competitive Studies Project (SCSP), which is chaired by… Continue reading Former Google CEO Issues Dire Warning About China

Oops! Ethereum’s Merge May Cause Huge Problems With the SEC

Ethereum, the second-largest cryptocurrency by trading volume, has officially switched from a proof-of-work to a proof-of-stake system, a major upgrade called “the Merge” that dramatically cuts its carbon footprint by cutting out the role of crypto miners. But the change may have had another unintended consequence: regulators are now pondering whether they should treat ether… Continue reading Oops! Ethereum’s Merge May Cause Huge Problems With the SEC

Google Accidentally Sends Bored Ape Engineer $250,000

Lucky for them, he’s trying to give it back. Wrong Button Everybody makes mistakes. Even Google. And sometimes, apparently, Google’s mistakes include accidentally handing a self-described hacker and BAYC-creating Yuga Labs security engineer nearly $250k. According to a tweet from Sam Curry, the engineer in question, the mystery payment appeared in his bank account a… Continue reading Google Accidentally Sends Bored Ape Engineer $250,000

Best Smart Thermostats in 2022

Smart thermostats are the only way to heat or cool your home in the age of Alexa. A smart thermostat is WiFi-enabled, so you can adjust the temperature of your home at any given moment from anywhere in the world. You can also monitor changes, schedule temperature changes days or weeks in advance, and most… Continue reading Best Smart Thermostats in 2022