The U.S. Securities and Exchange Commission on Wednesday adopted new disclosure rules for hedge fund and private equity fund advisors aimed at increasing transparency, competition, and efficiency in the $25-trillion marketplace. The rule-making updates Form PF, which was put in place following the financial crisis of 2008-2009 to monitor risks in the rapidly growing private… Continue reading US SEC adopts new disclosure rules for private funds, share buybacks
Category: Tech News
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Here’s how the strict new EPA rule could impact US EV sales
The Environmental Protection Agency (EPA) announced a strict new auto pollution rule in April that will all but ensure that EVs make up as much as 60% of new cars sold in the US in just seven years – here’s how that could impact EV sales. Electrek spoke with Ronen Slonim, lead data analyst at… Continue reading Here’s how the strict new EPA rule could impact US EV sales
Clean Technica: UK Plug In EV Share Up YoY, Volkswagen Wins In April 002736
The UK car market saw plugin electric vehicles take 21.9% share of sales in April 2023, up from 16.2% year on year. Full battery electrics grew strongly in both share, and in volume. Overall auto volume was 132,990 units, up 11.6% YoY, though still down from the roughly 170,000 pre-2020 seasonal norm. The UK’s best… Continue reading Clean Technica: UK Plug In EV Share Up YoY, Volkswagen Wins In April 002736
8Bitdo launches a $30 version of its Ultimate controller
You can buy the budget-friendly gamepad in purple or green colorways. Gamepad maker 8Bitdo unveiled a cheaper version of its beloved Ultimate Controller today. The new Ultimate C 2.4G Wireless Controller is a $30 wireless accessory in purple or green color options. It’s compatible with Windows, Android, Steam Deck and Raspberry Pi. As its name… Continue reading 8Bitdo launches a $30 version of its Ultimate controller
Vice President Harris tells tech CEOs they have a moral responsibility to safeguard AI
Google, Microsoft and OpenAI are among those who met the Vice President. The Biden administration may be funding AI research, but it’s also hoping to keep companies accountable for their behavior. Vice President Kamala Harris has met the CEOs of Alphabet (Google’s parent), Microsoft, OpenAI and Anthropic in a bid to get more safeguards for… Continue reading Vice President Harris tells tech CEOs they have a moral responsibility to safeguard AI
Strong iPhone sales aren’t enough to offset a big downturn in Mac shipments
iPhone and Services were both big winners, but that wasn’t enough to keep revenue from shrinking slightly. Apple had its second “bad” quarter in a row. Bad, of course, is a relative term — the company’s revenues declined again, but Apple is still making a positively massive amount of money. Specifically, the iPhone and Services… Continue reading Strong iPhone sales aren’t enough to offset a big downturn in Mac shipments
House lawmakers ask for investigation into Apple store labor practices
Politicians want the NLRB to investigate claims of anti-union tactics. Apple is facing additional scrutiny over its alleged crackdown against pro-union retail workers. House Representatives Emanuel Cleaver and Sylvia Garcia have sent a letter to the National Labor Relations Board (NLRB) asking for an investigation into alleged labor abuses at Houston and Kansas City, Missouri… Continue reading House lawmakers ask for investigation into Apple store labor practices
‘The Last of Us’ and ‘Wii Sports’ join the World Video Game Hall of Fame
‘Computer Space’ and ‘Barbie Fashion Designer’ are this year’s other inductees. The Strong National Museum of Play has revealed this year’s inductees into the World Video Game Hall of Fame. There are four games in the class of 2023: The Last of Us, Wii Sports, Barbie Fashion Designer and Computer Space. They were selected based… Continue reading ‘The Last of Us’ and ‘Wii Sports’ join the World Video Game Hall of Fame
Chinese firms flock to Saudi Arabia in Middle East gold rush
Saudi Arabia is quickly rising on a list of hot investment destinations for Chinese companies, as the country goes through what many local Chinese residents have dubbed its “reform and opening up.” Since Mohammed bin Salman became Crown Prince in 2017, Saudi Arabia has undergone unprecedented change. Following the 2016 launch of “Vision 2030” —… Continue reading Chinese firms flock to Saudi Arabia in Middle East gold rush
Indonesian online ticketing platform Goers in talks to raise fresh funding
Indonesian online ticketing platform Goers is in talks to raise over $3 million in fresh funding this year to scale up its events business, a top executive said. In an interaction with DealStreetAsia, co-founder and CEO Goers Sammy Ramadhan said the company has secured over $2-million funding to date, including seed funding in 2015 from… Continue reading Indonesian online ticketing platform Goers in talks to raise fresh funding