Category: Tech News

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Roland S-1 Tweak Synth is the most compelling member of the Aira Compact family

Last year during Superbooth Roland unveiled the Aira Compact series – its first true competitors to Korg’s wildly successful Volca line. Now the company is back for Superbooth 2023 with a new addition to the family, the S-1 Tweak Synth. Like the T-8 and J-6, the S-1 uses Roland’s Analog Circuit Behavior (ACB) technology to… Continue reading Roland S-1 Tweak Synth is the most compelling member of the Aira Compact family

Watch the Google I/O 2023 keynote in under 18 minutes

Google has launched the Pixel Fold and its PaLM 2 AI language model. Google’s I/O event this year was jam-packed with new product launches and an in-depth introduction to its new generative AI offerings. The star of its new set of device was, perhaps, the new Pixel Fold, a veritable rival to Samsung’s foldables powered… Continue reading Watch the Google I/O 2023 keynote in under 18 minutes

Australia’s NEXTDC looks to raise $419m to expedite Malaysia, New Zealand expansionNEXTDC is planning the phased development of two new data centres i…

Australian data centre operator NEXTDC Ltd said on Thursday it was looking to raise about A$618 million ($419.19 million) through an entitlement offer to accelerate its expansion plans in Malaysia and New Zealand. NEXTDC is planning the phased development of two new data centres in Kuala Lumpur and Auckland, to cater to growing demand for… Continue reading Australia’s NEXTDC looks to raise $419m to expedite Malaysia, New Zealand expansionNEXTDC is planning the phased development of two new data centres i…

SoftBank posts $7.2b annual loss as tech valuation drop weighs on Vision Fund

Japan’s SoftBank Group Corp. reported an annual net loss of 970 billion yen ($7.18 billion) for the year ended March 31, with the Vision Fund unit posting a quarterly investment loss due to weakness in tech valuations. That compared with a loss of 1.7 trillion yen in the same period a year earlier. CEO Masayoshi… Continue reading SoftBank posts $7.2b annual loss as tech valuation drop weighs on Vision Fund

India: IFC considers $15m investment in 3one4 Capital’s fourth fund

The International Finance Corporation (IFC) is considering committing $15 million to the fourth fund of venture capital firm 3one4 Capital, per a disclosure. The fund has already secured capital commitments worth $200 million from several investors including five of India’s largest listed banks by market cap, leading mutual fund operators, US university endowments, global sovereign… Continue reading India: IFC considers $15m investment in 3one4 Capital’s fourth fund

India’s tax department searches office of recently-listed Mankind Pharma

India’s income tax department is conducting searches at Mankind Pharma Ltd’s office in New Delhi, a government source told Reuters on Thursday, days after the condom maker’s successful public listing on domestic stock exchanges. The company’s shares fell as much as 5.5% on the news. Further details were not immediately available. Mankind Pharma and the… Continue reading India’s tax department searches office of recently-listed Mankind Pharma

Blackstone, Apollo among about 20 bidders for some of SVB’s assets

Blackstone Inc and Apollo Global Management were among about 20 bidders for some assets of collapsed Silicon Valley Bank, the Federal Deposit Insurance Corporation (FDIC) said on Wednesday. PNC Financial Services, Valley Bank, Citizens Bank and BankUnited were also among the bidders, the FDIC said in a summary document, adding that one or more bidders submitted… Continue reading Blackstone, Apollo among about 20 bidders for some of SVB’s assets

GM Envolve launches as a one-stop shop to help fleets go electric

On Wednesday, General Motors launched its newest business unit, GM Envolve. The goal is to utilize all aspects of GM to create a new, all-in-one user experience enabling commercial and fleet customers to transition to electric seamlessly. GM launches Envolve enabling fleets to go electric After its fifth straight quarter of growth (+27% YOY) in… Continue reading GM Envolve launches as a one-stop shop to help fleets go electric

Cleantechnica: EVs Shock the Gayndah Orange Festival 002748

When Geoff Walden contacted the Australian Electric Vehicle Association to ask for some electric cars to participate in a parade, he was hoping for a handful. He was pleasantly surprised when four Teslas, four BYDs, and two Kona EVs showed up on Saturday morning. He commented: “Given the lack of charging infrastructure out here in… Continue reading Cleantechnica: EVs Shock the Gayndah Orange Festival 002748