/ You can also snag last-minute discounts on the Google Pixel 6A and last-gen Echo devices Amazon and Samsung have knocked $100 off the Z Flip 4. Photo by Allison Johnson / The Verge Both of Samsung’s foldable phones are currently matching their best prices ever. Available for $999.99 at launch, the 128GB configuration of… Continue reading Samsung’s latest foldables are matching their lowest price ever
Category: Tech News
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Elon Musk says buying Twitter will help create X, the everything app
Image: Nick_ Raille_07/Shutterstock.com Elon Musk has renewed his offer to purchase Twitter for $54.20 a share. The Tesla and SpaceX CEO extended the offer in a letter filed with the US Securities and Exchange Commission. The renewed offer is the latest twist in a continued saga involving the outspoken, eccentric billionaire and the social media… Continue reading Elon Musk says buying Twitter will help create X, the everything app
Apple asks suppliers to shift production of AirPods, Beats to India: NikkeiApple’s latest move is part of a gradual diversification from China.
Apple Inc is asking its suppliers to move some AirPods and Beats headphone production to India for the first time, Nikkei reported on Wednesday, in what could be another win for New Delhi in its push for local manufacturing. Apple iPhone assembler Foxconn is preparing to make Beats headphones in India and hopes to eventually produce AirPods in the… Continue reading Apple asks suppliers to shift production of AirPods, Beats to India: NikkeiApple’s latest move is part of a gradual diversification from China.
People Digest: SC Capital Partners, K&L Gates, Pictet announce key hires
Asset manager SC Capital Partners has strengthened its team with four key appointments; global law firm K&L Gates LLP has appointed Iris Leung as a corporate/capital markets partner in its Hong Kong office; while Geneva-based private bank Pictet will appoint Victor Aerni as CEO of its wealth management business in Asia. SC Capital Partners announces… Continue reading People Digest: SC Capital Partners, K&L Gates, Pictet announce key hires
TPG Rise leads $450m Series E funding in energy storage firm Form Energy
TPG Rise, the global impact investing platform of private equity giant TPG Inc, has anchored a $450-million Series E financing in Form Energy, an American energy storage company, according to an announcement. TPG Rise carried out the investment through TPG Rise Climate, the PE firm’s global impact investing platform, which raised $7.3 billion in April.… Continue reading TPG Rise leads $450m Series E funding in energy storage firm Form Energy
Mizuho to buy 20% stake in Rakuten Securities for $550m from parent: Nikkei
Mizuho Financial Group’s securities business will acquire around 20% of shares in Rakuten Securities from its parent Rakuten Group for about 80 billion yen ($554 million), business daily Nikkei reported on Wednesday. Rakuten has outlined plans to raise capital by listing its securities and banking units as it faces competition from Amazon.com in e-commerce and large… Continue reading Mizuho to buy 20% stake in Rakuten Securities for $550m from parent: Nikkei
SoftBank’s Son proposes long-term cooperation between Arm and Samsung
SoftBank Group Corp founder and CEO Masayoshi Son discussed on Tuesday a long-term cooperation between chip designer Arm and Samsung Electronics, but did not propose the South Korean firm to invest in the British company, a local media reported on Wednesday. The billionaire, who is making his first visit to Seoul in three years, said earlier… Continue reading SoftBank’s Son proposes long-term cooperation between Arm and Samsung
Tesla ditches ultrasonic sensors from new cars as it bets on camera-only driver assistance
/ Cars shipping without the sensors won’t have access to features like Park Assistant and Summon temporarily. The changes will initially affect the Model Y (pictured) and the Model 3Mark Leong for The Washington Post via Getty Images Tesla has announced it’s phasing out its cars’ use of ultrasonic sensors (USS) to sense objects in… Continue reading Tesla ditches ultrasonic sensors from new cars as it bets on camera-only driver assistance
DDoS attack on ‘Overwatch 2’ servers prevents fans from playing the game on launch day
Overwatch 2’s early access launch has been marred by a few bugs and a massive DDoS attack preventing players from getting into the game. Fans have been reporting getting stuck on the loading screen and getting one error after another. They’re also put in queue behind hundreds — and in some cases, even tens of… Continue reading DDoS attack on ‘Overwatch 2’ servers prevents fans from playing the game on launch day
Icahn stocked up Twitter stake worth over $500m, books a neat profit after Musk U-TurnThe estimated profit for Icahn Enterprises LP could exceed $250m
Activist investor Carl Icahn amassed a Twitter stake worth more than $500 million in the past few months and made a sizable profit on Tuesday after Elon Musk proposed to go ahead with his takeover of the social media platform, the Wall Street Journal reported. Twitter shares jumped more than 22% to end at $52.00 on Tuesday after a securities filing showed Musk intends… Continue reading Icahn stocked up Twitter stake worth over $500m, books a neat profit after Musk U-TurnThe estimated profit for Icahn Enterprises LP could exceed $250m