If you’ve had to deal with a rash of fake Xbox Live accounts in recent times, you’re far from alone. Microsoft has published its first-ever Xbox transparency report, and it’s now clear the company is banning or otherwise cracking down on bots. The company says it issued over 4.33 million “proactive enforcements” (that is, taking… Continue reading The first-ever Xbox transparency report reveals a surge in bot bans
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Soft robotic device stimulates muscles, sparks hope for ALS and MS patients
Today, muscle atrophy is often unavoidable when you can’t move due to severe injury, old age or diseases like amyotrophic lateral sclerosis (ALS) and multiple sclerosis (MS). However, Harvard researchers see hope in soft robotics that could someday stretch and contract the muscles of patients unable to do so themselves. The Harvard engineers tested a… Continue reading Soft robotic device stimulates muscles, sparks hope for ALS and MS patients
Disney is bringing the first two episodes of ‘Andor’ to Hulu and a few TV stations this month
Disney is making one of its best shows of the year more accessible. On Monday, the company announced it would begin airing Andor on ABC, FX, Freeform and Hulu. Starting November 23rd, the expansion will allow those without access to Disney+ to watch the first two episodes of the Tony Gilroy project. That’s just enough… Continue reading Disney is bringing the first two episodes of ‘Andor’ to Hulu and a few TV stations this month
Tiger Global picked up Microsoft, Block, Uber shares in Q3The hedge fund cut stakes in most of its portfolio in the second quarter amid losses.
Investment firm Tiger Global Management raised its stake in tech giant Microsoft Corp, Jack Dorsey’s payments firm Block Inc and Uber Technologies Inc last quarter, a regulatory filing released on Monday showed. The hedge fund cut stakes in most of its portfolio in the second quarter amid losses. The tech-focused investor had logged losses earlier this year as the Federal Reserve’s monetary policy tightening and surging inflation… Continue reading Tiger Global picked up Microsoft, Block, Uber shares in Q3The hedge fund cut stakes in most of its portfolio in the second quarter amid losses.
Singapore’s GIC makes $4b splash on APAC real estate in 2022It has been the largest buyer and third-largest seller in the region so far.
Singapore’s sovereign wealth fund GIC has become APAC’s top real estate spender this year, with $4 billion of investments so far. Chinese e-commerce major JD.com stood a distant second with $3 billion worth of property deals in the region year-to-date, according to data from the MSCI Real Capital Analytics (RCA). China’s state-owned CITIC Group ranked… Continue reading Singapore’s GIC makes $4b splash on APAC real estate in 2022It has been the largest buyer and third-largest seller in the region so far.
SG private exchange ADDX secures $20m from KB Securities in upsized pre-Series B
Singapore-based private exchange ADDX has raised an extension of $20 million to its pre-Series B funding round led by KB Securities, a South Korean investment bank under KB Financial Group. With the total funds raised amounting to around $140 million, the startup plans to deploy its fresh fundings to develop ADDX advantage, its wealth management… Continue reading SG private exchange ADDX secures $20m from KB Securities in upsized pre-Series B
Australia’s Nitro Software backs KKR-owned Alludo’s $335m takeover offer
Australia’s Nitro Software said on Tuesday its board had determined the near A$500 million ($335 million) offer from KKR Inc’s Alludo to be “superior” to an earlier bid from major shareholder Potentia Capital Management. In late October, the company took on an offer from Alludo at A$2.00 per share, which it said was an 11% premium to tech-focused private equity firm Potentia’s offer of A$1.80 per share. Nitro in a statement said… Continue reading Australia’s Nitro Software backs KKR-owned Alludo’s $335m takeover offer
TPG said to have appointed SE Asia co-head to tap region’s increasing opportunities
TPG Capital Asia is understood to be strengthening its investment activity in the region as its partner, Dominic Picone, has recently taken on an additional role as co-head of Southeast Asia, DealStreetAsia has learnt. The appointment comes at a time of continued growth in investment opportunities in Southeast Asia, said a source privy to the… Continue reading TPG said to have appointed SE Asia co-head to tap region’s increasing opportunities
New omnibus bill proposes broad changes to Indonesia’s financial sector
Indonesia’s new omnibus bill, which seeks to provide an updated regulatory framework for the financial services sector, has been met with concerns and critical observations from the players in the industry due to the changes it proposes. The bill covers all segments of financial services including banking, capital markets, insurance, financing companies, venture capital, pension… Continue reading New omnibus bill proposes broad changes to Indonesia’s financial sector
Elon Musk ignored Twitter’s internal warnings about his paid verification scheme
Platformer Employees and advertisers keep telling him about the risks of the changes he’s making to Twitter — but he’s not listening Share this story Laura Normand / The Verge On Thursday evening, after a full day of chaos on the timeline, Elon Musk’s Twitter halted new enrollment into its $8-a-month Blue subscription offering. Offering… Continue reading Elon Musk ignored Twitter’s internal warnings about his paid verification scheme