US-based medical technology company Alio has raised $18 million in Series C financing round led by Indonesia’s Widjaja Family Investment Office. Eratani, an Indonesia-based agritech startup, announced it has closed a $3.8-million seed funding round. Alio raises $18m Series C funding Alio has raised $18 million in a Series C financing round led by the… Continue reading SEA Digest: Widjaja family office leads Alio round; Eratani closes $3.8m seed funding
Category: Tech News
Category Added in a WPeMatico Campaign
Paytm’s board unanimously approves $103m share buyback
SoftBank-backed digital payments firm Paytm said on Tuesday its board unanimously approved a share buyback worth up to 8.5 billion rupees ($103.06 million), as it looks to build investor confidence and shore up its battered stock price. The buyback will be priced at a maximum of 810 rupees per share, 50.2% higher than the stock’s… Continue reading Paytm’s board unanimously approves $103m share buyback
FTX’s Bankman-Fried fights incarceration in sweltering Bahamas courtroom
Cordoned-off roads, a sweltering courtroom and numerous delays marked Sam Bankman-Fried’s first in-person public appearance since his crypto company collapsed. The Bahamas courtroom hearing, conducted over the course of six hours, saw Bankman-Fried, dressed in a suit rather than his typical t-shirt attire, seeking bail to dispute his extradition to the US. He was ultimately… Continue reading FTX’s Bankman-Fried fights incarceration in sweltering Bahamas courtroom
Elon Musk: ‘I will make sure Tesla (TSLA) shareholders benefit from Twitter long-term’ – but how?
Elon Musk said that he “will make sure Tesla (TSLA) shareholders benefit from Twitter long-term” after they just lost billions of dollars. But how is the question? As we reported earlier this month, Tesla is having its best year ever by almost every financial metric other than its stock price, which is now at a… Continue reading Elon Musk: ‘I will make sure Tesla (TSLA) shareholders benefit from Twitter long-term’ – but how?
Tesla launches Steam in its cars with thousands of games
Tesla has launched Steam integration inside its Model S and Model X electric cars with thousands of games now playable. Over the last few years, Tesla has been investing heavily into integrating video games into its in-car entertainment system, but it still surprised many when Tesla said earlier this year that it planned to go as… Continue reading Tesla launches Steam in its cars with thousands of games
Watch Tesla Semi electric truck get tested for durability
Tesla has released a video of the Tesla Semi electric truck getting tested for reliability and durability just as customer deliveries are starting. At the Tesla Semi Delivery Event last month, the company unveiled the production version of its electric class 8 truck. For the most part, Tesla delivered on the promises it made five years… Continue reading Watch Tesla Semi electric truck get tested for durability
Oregon pension commits $315m to CVC Asia VI, GGV Capital fundsIt has also reportedly committed $150 million to GGV Capital funds.
Oregon Investment Council (OIC), which oversees the $94-billion Oregon Public Employees Retirement System, has made a combined $165 million commitment to Luxembourg-based private equity CVC Capital Partners’ sixth Asia fund, per the council’s recent board meeting. The commitments included $150 million from the pension fund and another $15 million from the Common School Fund, which… Continue reading Oregon pension commits $315m to CVC Asia VI, GGV Capital fundsIt has also reportedly committed $150 million to GGV Capital funds.
Indian software firm eNTrust buys PH-based Eximius BPO
Indian software firm eNTrust has acquired the Philippines-based Eximius BPO for an undisclosed amount in an all-cash deal after getting the requisite regulatory approvals. The Reserve Bank of India’s new rules on overseas direct investment (ODI) make it mandatory for firms to get its approval for overseas mergers and acquisitions. Go to Source
Clean Technica: Tesla Sold Over 100,000 Shanghai-Built Vehicles In November002450
The Chinese auto market slumped in November, with an overall drop in sales across the market. Although, Tesla Gigafactory Shanghai posted record numbers during the same month. Some say the news shows Tesla’s electric vehicle dominance in what is the world’s largest auto market, while others are pointing to the automaker’s plans to cut some… Continue reading Clean Technica: Tesla Sold Over 100,000 Shanghai-Built Vehicles In November002450
Clean Technica: Tesla’s Fast Charging Tech Is Clearly Better, But …002449
Tesla’s fast charging tech is second to none. It’s Superchargers are relatively small, fast, powerful, and easy to use. Furthermore, they are unmatched in reliability. As Tesla explains it, the Tesla charging connector “has no moving parts, is half the size, and twice as powerful as Combined Charging System (CCS) connectors.” What’s not to love?… Continue reading Clean Technica: Tesla’s Fast Charging Tech Is Clearly Better, But …002449