Category: Tech News

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Tesla claims over 600 ‘solar neighborhoods’ as part of home builder program

Tesla has been partnering with major new home builders all over the US to deploy solar and Powerwalls, and it now claims to have deployed “over 600 solar neighborhoods.” Tesla neighborhood is a term that is being used for new developments where all the homes integrate all or part of Tesla’s power ecosystem, including the… Continue reading Tesla claims over 600 ‘solar neighborhoods’ as part of home builder program

SG’s Novo Tellus closes Fund 3 at $510m, surpasses targetIts third fund signaled an expansion of its geographical mandate to cover the Indo-Pacific re…

Singapore-based private equity firm Novo Tellus has closed its third fund at $510 million, according to a statement on Wednesday. Novo Tellus reached the first close for the vehicle in June 2023 and eventually surpassed its fundraising target by 36%. The PE investor added that all of its existing limited partners (LPs) returned for Novo Tellus… Continue reading SG’s Novo Tellus closes Fund 3 at $510m, surpasses targetIts third fund signaled an expansion of its geographical mandate to cover the Indo-Pacific re…

Temasek-backed Tikehau, Nikko to form strategic partnership in Asia

Paris-headquartered Tikehau Capital and Nikko Asset Management, one of Asia’s largest asset managers, have entered into advanced discussion to form a business and capital alliance, according to an announcement. The two sides will also set up a joint venture dedicated to Asian private markets investment strategies. Within this partnership, Nikko Asset Management would also acquire an… Continue reading Temasek-backed Tikehau, Nikko to form strategic partnership in Asia

Chinese snack chain Lingshi Henmang bags over $155m in strategic funding

Chinese snack shop chain Lingshi Henmang has secured around 1.1 billion yuan ($155.3 million) in a strategic investment from two local snack makers.  Yankershop Food has injected 350 million yuan ($49.4 million) in exchange for a 3.3% stake in the firm while Haoxiangni Health Food has pumped in 700 million yuan ($98.8 million) for a… Continue reading Chinese snack chain Lingshi Henmang bags over $155m in strategic funding

Cleantechnica: Electric Car News: Wireless Charging From Tesla, More Buttons From Volkswagen 003151

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! For an electric car to work, it needs to have its battery replenished with fresh electrons once in a while. For years, that has meant taking a cord from the nearest EV charger and plugging it into a receptacle… Continue reading Cleantechnica: Electric Car News: Wireless Charging From Tesla, More Buttons From Volkswagen 003151

Cory Doctorow Blasts AI as a Fraud-Filled Bubble

Renowned journalist and science fiction author Cory Doctorow is convinced that the AI is doomed to drop off a cliff. “Of course AI is a bubble,” he wrote in a recent piece for sci-fi magazine Locus. “It has all the hallmarks of a classic tech bubble.” Doctorow likens the AI bubble to the dotcom crisis… Continue reading Cory Doctorow Blasts AI as a Fraud-Filled Bubble

Sam Altman’s Life Extension Guy Warns of Injections That Cause Wild Tumor Growth

Image by Getty Images OpenAI CEO Sam Altman has invested a whopping $180 million in a startup called Retro Biosciences that’s looking for novel ways to extend human longevity. As Bloomberg reports, the company has an unusual way of exploring new treatments: it’s investigating not just one area of research, but five — an extremely… Continue reading Sam Altman’s Life Extension Guy Warns of Injections That Cause Wild Tumor Growth

Beeper’s iMessage Fight With Apple Has Blown Up Into a Debate Over Regulating Big Tech

Beeper, a YCombinator-backed startup, initially came up with an expensive and inherently insecure method to make a beta version of its app work. This method sent every message through a relay server before arriving at the recipient’s messaging client. Then, late this summer, the company landed on a breakthrough technique, originally drafted as a proof… Continue reading Beeper’s iMessage Fight With Apple Has Blown Up Into a Debate Over Regulating Big Tech