Apple’s next iOS update will tighten AirDrop security for everyone. The new default settings will arrive globally in the upcoming iOS 16.2 after the company limited AirDrop use in China, where protestors had used the feature to organize with strangers. The restriction will put a 10-minute cap on the window for users to share AirDrop files… Continue reading iPhone AirDrop restriction first seen in China will roll out worldwide with iOS 16.2
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Temasek participates in Swedish EV truck maker Einride’s $500m fundingThe latest tranche brings the total funding received by Einride to $650m.
Singapore state investor Temasek Holdings has participated in the $500 million funding round of Swedish autonomous and electric truck company Einride. The funding includes an equity-based $200 million Series C portion with backers including Temasek, Swedish pension fund AMF, Northzone and EQT Ventures, according to news reports. Einride has also secured $300 million in debt… Continue reading Temasek participates in Swedish EV truck maker Einride’s $500m fundingThe latest tranche brings the total funding received by Einride to $650m.
A year after launch, the Beijing Stock Exchange is still fighting to make its mark
A stock exchange on the Chinese mainland intended to drive funding for innovative small and midsize enterprises (SMEs) is struggling to gain momentum a year after it opened as part of a broader strategy to expand the country’s capital markets. The Beijing Stock Exchange (BSE), the first bourse based in the capital city, was designed… Continue reading A year after launch, the Beijing Stock Exchange is still fighting to make its mark
Japan’s Sumitomo Mitsui likely to lead race for Indonesia’s Bank Panin
Japan’s Sumitomo Mitsui Financial Group (SMFG) is likely to emerge as a frontrunner in the race to acquire a controlling stake in Jakarta-based lender PT Bank Pan Indonesia (also known as Bank Panin), according to multiple sources familiar with the matter. Earlier, Mitsubishi UFJ Financial Group (MUFG) was reported to be in talks to acquire… Continue reading Japan’s Sumitomo Mitsui likely to lead race for Indonesia’s Bank Panin
B2B marketplace Eezee raises $6.2m from Philippines’ AG Active Fund, others
Business-to-business marketplace Eezee has raised $6.2 million in a Series A1 funding round led by the Philippines-based AG Active Fund, according to regulatory filings. Together with the $7.5 million raised in September, the total funds amassed by Eezee in its Series A round now stands at $13.7 million.AG Active Fund, which is backed by the… Continue reading B2B marketplace Eezee raises $6.2m from Philippines’ AG Active Fund, others
SG cashback platform ShopBack bags $30m from Australia’s Westpac
Singapore-based cashback platform ShopBack has raised an additional $30 million in equity funding from Australia-based Westpac Banking Corporation, according to an announcement on Thursday. The company’s filings with Singapore’s Accounting and Corporate Regulatory Authority (ACRA) show that the funds were part of its Series F extension round. Together with the $160 million raised collectively from… Continue reading SG cashback platform ShopBack bags $30m from Australia’s Westpac
Tesla appears to be turning back to radar for its vehicles
Tesla plans to add a new radar product to its vehicles in mid-January, according to documents posted with the Federal Communications Commission. The disclosure, which was first reported by Electrek, comes as the company faces scrutiny over the safety and capabilities of its standard advanced driver assistance system known as Autopilot and the $15,000 optional… Continue reading Tesla appears to be turning back to radar for its vehicles
America’s weak EV charging infrastructure might get a boost from dealers
As electric vehicles begin to take some market share, the nation’s charging infrastructure is playing catch-up. Some folks already have an edge in this race, including some California residents and Tesla fans, but many EV owners in America still face charging deserts and unreliable stations — two key obstacles to decarbonizing transportation and doing right… Continue reading America’s weak EV charging infrastructure might get a boost from dealers
Navier’s 30-foot hydrofoiling electric boat hits the water and prepares for production
Electric leisure boat startup Navier has managed to bring its concept hydrofoiling watercraft into reality, and has opened pre-orders — if you happen to have a few hundred grand laying around. It may not be affordable, but it’s not like the other 30-foot boats you can order are a bargain either. At least this one… Continue reading Navier’s 30-foot hydrofoiling electric boat hits the water and prepares for production
Honda unveils $7,300 light electric van to meet the high demand for commercial EVs
An electric vehicle for around $7,300? You heard that right. Honda announced today a new light commercial electric van set to launch in spring 2024 that’s ideal for both personal and business use. Honda unveils electric “N-VAN” light commercial van With a starting price of 1 million yen, which currently amounts to about $7,300, Honda’s… Continue reading Honda unveils $7,300 light electric van to meet the high demand for commercial EVs