Category: Tech News

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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

Clean Technica: Tesla Produces 5000 Model Y In One Week In Texas & Launches Lithium Refining Site002747

Tesla is on a roll this week. To keep up with its almost constantly growing sales, Tesla has been ramping up Model Y production at sites around the world. It has also just broken ground on a lithium refinery project. The big news on both fronts this week comes from The Lone Star State. (Unfortunately,… Continue reading Clean Technica: Tesla Produces 5000 Model Y In One Week In Texas & Launches Lithium Refining Site002747

Wendy’s Installing Drive-Thru AI Chatbot That Takes Your Order

“You won’t know you’re talking to anybody but an employee.” Fries With That? Wendy’s is the latest fast food chain to get in on the AI craze. The company has announced that it will let an AI chatbot take customer orders at the drive-thru window. The Wall Street Journal reports that the Ohio-based company will be introducing… Continue reading Wendy’s Installing Drive-Thru AI Chatbot That Takes Your Order

Google Is Racing to Bring More AI to Android

“We’ve been doing things with AI for a long time as a company. And the advancements in generative AI are pretty exciting,” says Sameer Samat, vice president of product management for Android and the Google Play app store. “But these aren’t that old in terms of putting them into products. So when you talk about… Continue reading Google Is Racing to Bring More AI to Android

Google Pixel Fold Hands-On: A Pricey Folding Pixel

Smartphone sales have been declining lately, mostly because the smartphones themselves have not been changing drastically year over year. A slightly better camera here, a nicer screen there—the technology has plateaued. The solution, according to tech companies? Folding smartphones that cost $1,799. That’s what the Pixel Fold is.  Google isn’t first to the folding phone… Continue reading Google Pixel Fold Hands-On: A Pricey Folding Pixel