Singapore-based spend management software firm Spenmo is negotiating a down round less than a year after closing its Series B fundraise led by Tiger Global, sources privy to the matter told DealStreetAsia. The startup had closed its Series B round at $85.35 million in January, which had pegged its post-money valuation at $500 million. Go… Continue reading SG’s Spenmo said to be negotiating down round with investors
Category: Automotive
Germany’s BioNTech to set up mRNA vaccine facility in Singapore
BioNTech, the German biotech that developed a widely used COVID-19 vaccine with Pfizer Inc, acquired a manufacturing facility in Singapore, its first in Asia, the company said on Monday. The facility, bought from a Novartis unit, will be its first messenger ribonucleic acid, or mRNA, facility in Singapore and support its vaccines production for the Asia Pacific region, BioNTech said in a statement, without disclosing financial details. MRNA vaccines, which… Continue reading Germany’s BioNTech to set up mRNA vaccine facility in Singapore
Hyundai Motorsport has completed the 2022 FIA World Rally Championship (WRC) with an emphatic 1-2 result at Rally Japan
Rally Japan – Day Three Report Hyundai Motorsport has completed the 2022 FIA World Rally Championship (WRC) with an emphatic 1-2 result at Rally Japan Thierry Neuville and Martijn Wydaeghe scored their second victory of the season – and the team’s fifth – on a rain-affected final day, ahead of Ott Tänak and Martin Järveoja… Continue reading Hyundai Motorsport has completed the 2022 FIA World Rally Championship (WRC) with an emphatic 1-2 result at Rally Japan
@FCA: Hagan and Dodge Power Brokers Funny Car Finish Third in NHRA Championship; Pedregon Powers Dodge Charger SRT Hellcat to Win at NHRA Finals
November 13, 2022 , Pomona, California – In their first year competing in the National Hot Rod Association (NHRA) Camping World Drag Racing Series, Tony Stewart Racing with driver Matt Hagan at the wheel of his Dodge Power Brokers Funny Car were a championship contending team from the start of the season to this weekend’s 57th… Continue reading @FCA: Hagan and Dodge Power Brokers Funny Car Finish Third in NHRA Championship; Pedregon Powers Dodge Charger SRT Hellcat to Win at NHRA Finals
The Hunt for the FTX Thieves Has Begun
That means it will be very difficult for the thieves to abscond with their profits in a spendable form without being identified, says Michelle Lai, a cryptocurrency privacy advocate, investor, and consultant who says she’s been tracking the movements of the stolen FTX funds with “morbid fascination.” But the real question, Lai says, is whether… Continue reading The Hunt for the FTX Thieves Has Begun
Senator Ed Markey tells Elon Musk: ‘Fix your companies. Or Congress will’
Senator Ed Markey of Massachusetts chastised Elon Musk on Sunday after the billionaire had a snarky response to the lawmaker’s request for information about Twitter’s new verification policies. “Perhaps it is because your real account sounds like a parody?” Musk tweeted Sunday morning after Markey shared a recent letter he sent criticizing the company’s new… Continue reading Senator Ed Markey tells Elon Musk: ‘Fix your companies. Or Congress will’
Twitter will soon let organizations verify related accounts
Less than two days after Twitter’s first attempt to charge for account verification ended in disaster, Elon Musk announced the company is working on a new way to authenticate users. On Sunday afternoon, he tweeted the social media website would soon begin rolling out a feature that will allow organizations to identify accounts that are… Continue reading Twitter will soon let organizations verify related accounts
Under the skin: Why winter tyre care and energy use matter
That old favourite ‘there’s no such thing as a free lunch’ may be a cliché, but where energy is concerned, it’s never been more appropriate than it is now. Tyre manufacturers have been warning about the pitfalls of poor tyre maintenance forever, but in truth, how many drivers see it as a major priority? Continental… Continue reading Under the skin: Why winter tyre care and energy use matter
Porsche Taycan Performance Kit unleashes EV’s track potential
The Porsche Taycan Performance Kit, as fitted to the car that recently broke the production EV record at the Nürburgring, would eventually be offered in markets outside Germany. A company spokesperson responsible for the Taycan line told Autocar that it is an issue of attaining type approval for each market – implying that there would have to… Continue reading Porsche Taycan Performance Kit unleashes EV’s track potential
Opinion: Electric SUVs are good news for Porsche fans
Porsche has today provided further details of its new Premium Platform Electric (PPE) architecture, set to arrive with the Porsche Macan EV and sibling brand Audi’s Q6 E-tron. The headlines include an 800V electrical architecture, competitive battery capacities and an emphasis on weight distribution in a bid to maintain the dynamic character of Porsche’s legacy models.… Continue reading Opinion: Electric SUVs are good news for Porsche fans