Category: Tech News

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Maybank promotes Saurabh Gupta as head of Singapore investment banking team

Malaysia’s biggest bank, Malayan Banking Bhd (Maybank) has appointed Saurabh Gupta as the head of its investment banking and advisory business for Singapore, according to a company memo seen by Reuters. Gupta has been with Maybank for a decade and his latest appointment is in addition to his current role as head of the consumer, retail and healthcare sectors. Singapore-based Gupta, who was previously with Bank of America Merrill Lynch and… Continue reading Maybank promotes Saurabh Gupta as head of Singapore investment banking team

India extends deadline to levy cap on digital payment transactions by 2 years

India has decided to extend the deadline on capping the share of digital payment transactions by about two years to Dec. 31, 2024, the National Payments Corporation of India (NPCI) said on Friday. The NPCI had said in late 2020 that payment firms will not be allowed to process more than 30% of the total volume of transactions on UPI from Jan 1. The move comes as a breather… Continue reading India extends deadline to levy cap on digital payment transactions by 2 years

Tesla delivers first heavy-duty truck Semi to PepsiCo, but no update on pricingIn 2017, Tesla had said the 300-mile range version of the Semi would co…

Tesla Inc. Chief Executive Elon Musk delivered the company’s first heavy-duty Semi on Thursday to PepsiCo without offering updated forecasts for the truck’s pricing, production plans or how much cargo it could haul. Musk, who appeared onstage at an event at Tesla’s Nevada plant, said the battery-powered, long-haul truck would reduce highway emissions, outperform existing… Continue reading Tesla delivers first heavy-duty truck Semi to PepsiCo, but no update on pricingIn 2017, Tesla had said the 300-mile range version of the Semi would co…

Philippine central bank governor cautions over $4.9b sovereign wealth fund plan

The Philippines’ central bank governor on Friday voiced caution over a legislative proposal to create a sovereign wealth fund overseen by President Ferdinand Marcos Jr, saying transparency over its governance would be key. Felipe Medalla, in an interview with Bloomberg TV, said a key concern for him would be how the fund would be managed… Continue reading Philippine central bank governor cautions over $4.9b sovereign wealth fund plan

GLP-backed Hidden Hill Capital closes $465m fund targeting logistics investments

Hidden Hill Capital, the private equity arm of global logistics giant GLP, has closed its Hidden Hill Foundation Fund at $465 million, according to a statement by the company on Friday. The company added that the fund has exceeded its initial target, but did not say by how much. The vehicle will target investments in… Continue reading GLP-backed Hidden Hill Capital closes $465m fund targeting logistics investments

Tesla reveals long-awaited Semi Truck and begins first deliveries

Tesla delivered Thursday evening the first production versions of its long-delayed electric semi truck five years after CEO Elon Musk revealed the commercial vehicle. The first Tesla Semi trucks were handed over to Pepsi at an event at the company gigafactory in Sparks, Nevada. Pepsi placed an order for 100 trucks back in December 2017, when… Continue reading Tesla reveals long-awaited Semi Truck and begins first deliveries

‘The Mandalorian’ season 3 arrives on March 1st

Mandalorian fans, you can now fire up your calendars and add a very important reminder for March 1st, 2023. The third season of The Mandalorian will premiere that day and will be available for streaming on Disney+, the show’s official Twitter account has revealed. Disney was originally aiming for a February 2023 release date, as… Continue reading ‘The Mandalorian’ season 3 arrives on March 1st

‘The Callisto Protocol’ didn’t scare me, it just made me mad

Image Credit: Striking Distance Studios The first weapon players get is an electro-charged baton. Striking Distance has been clear that Callisto is supposed to be a melee-heavy experience, with “about half” of its combat based on baton-swinging, though there’s just one such weapon in the game. The baton is upgradable, as are the five guns… Continue reading ‘The Callisto Protocol’ didn’t scare me, it just made me mad

MicroVision to Acquire Ibeo Automotive Systems, For Up To €15M 

MicroVision, Inc. (NASDAQ:MVIS), a Redmond, WA-based leader in MEMS-based solid-state automotive lidar and advanced driver-assistance systems (ADAS) solutions is to acquire certain assets from Hamburg, Germany-based Ibeo Automotive Systems GmbH, for up to €15m. Under the terms of the asset purchase agreement, MicroVision will acquire certain Ibeo assets, IP, and teams to operate within the MicroVision… Continue reading MicroVision to Acquire Ibeo Automotive Systems, For Up To €15M