many times a year, as if on a hidden schedule, some tech person, often venture-capital-adjacent, types out a thought on social media like “The only thing liberal arts majors are good for is scrubbing floors while I punch them” and hits Send. Then the poetry people respond—often a little late, in need of haircuts—with earnest… Continue reading To Own the Future, Read Shakespeare
Category: Tech News
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We’re down to just a handful of EVs that qualify for the full $7,500 tax credit in the US
/ The Chevy Bolt, Ford F-150 Lightning, a couple of Teslas, and one plug-in hybrid. And that’s pretty much it. By Andrew J. Hawkins, transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Share this story… Continue reading We’re down to just a handful of EVs that qualify for the full $7,500 tax credit in the US
How I more than doubled my Bitcoin investment in 2023 (and still lost money)
spawns/Getty Images On January 1, 2022 — two years ago now — I began my Bitcoin journey (and documented it for all to read). I invested a full fifty bucks (plus fees). The gimmick (as if the $50 amount itself wasn’t enough of a gimmick!) was that I used PayPal as my crypto bank of… Continue reading How I more than doubled my Bitcoin investment in 2023 (and still lost money)
Bitcoin crosses $45,000 for first time since April 2022
Bitcoin stormed above $45,000 on Tuesday for the first time since April 2022 as the world’s biggest cryptocurrency started the New Year with a bang, buoyed by optimism around the possible approval of exchange-traded spot bitcoin funds. Bitcoin touched a 21-month peak of $45,532, having gained 156% last year in its strongest yearly performance since… Continue reading Bitcoin crosses $45,000 for first time since April 2022
India’s Vodafone Idea denies tie-up talks with Musk’s Starlink
India’s Vodafone Idea is not in talks to tie up with billionaire Elon Musk’s satellite internet company Starlink, the telecom operator said on Tuesday, dashing hopes of a revival in the debt-ridden company that had sent its stock soaring. The clarification came after Vodafone Ideas’ stock surged in the past two sessions on what business… Continue reading India’s Vodafone Idea denies tie-up talks with Musk’s Starlink
Indonesian EV startup Swap Energy raises $22m in Series A roundQiming Venture Partners led the round.
Swap Energy, an Indonesia-based electric vehicle (EV) startup, has raised about $22 million in a Series A funding round led by Qiming Venture Partners with participation from GGV Capital and existing investor Ondine Capital, show filings with Singapore’s Accounting and Corporate Regulatory Authority (ACRA). ACRA filings only reflect the equity funding received so far in… Continue reading Indonesian EV startup Swap Energy raises $22m in Series A roundQiming Venture Partners led the round.
Singapore sovereign funds slashed investments by more than half in 2023: Report
Singapore’s sovereign wealth funds (SWFs), GIC and Temasek, slashed their investments by more than half in 2023, while the Gulf funds continued to dominate the charts, according to the Global SWF Annual 2024 report. Saudi’s PIF, which toppled GIC as the lead investor, deployed $31.6 billion across 49 deals in 2023, a whopping 33% more… Continue reading Singapore sovereign funds slashed investments by more than half in 2023: Report
GLP-backed Hidden Hill Capital closes second RMB-denominated PE fund at over $1.1bThe vehicle will invest in modern logistics services, and innovative…
Hidden Hill Capital, the private equity (PE) arm of global logistics giant GLP, has closed its second RMB-denominated PE fund at almost 8 billion yuan (over $1.1 billion), the parent company announced on Tuesday. The new fund attracted capital commitments from both existing and new limited partners (LPs), including insurance firms, industry capital, funds-of-funds (FOFs),… Continue reading GLP-backed Hidden Hill Capital closes second RMB-denominated PE fund at over $1.1bThe vehicle will invest in modern logistics services, and innovative…
Vantage Point: 2024 will see Indonesian tech startups balance growth and profitability goals
The Vantage Point weekly newsletter will be taking a break from your inboxes. In our 108 editions so far, we have presented insights and analysis of key developments related to the digital economy space in SE Asia, particularly Indonesia. You can access all the Vantage Point weekly posts here. We will be back with updates… Continue reading Vantage Point: 2024 will see Indonesian tech startups balance growth and profitability goals
DFC approves loan to Indonesian geothermal producer Medco Cahaya
US development bank International Development Finance Corporation (DFC) has approved more than $126 million worth of investments in companies based in, or focused on, Asia, including India. The deals were part of the $3.3 billion that DFC approved at the board and sub-board levels during its fiscal first quarter of financial year 2024 (Q1 FY2024),… Continue reading DFC approves loan to Indonesian geothermal producer Medco Cahaya