Singapore-incorporated investment management firm Yangzijiang Financial Holding Ltd has appointed ex-GIC executive Wu Menglin as the head of the group’s fund of funds business while TPG Capital Asia chairman Tim Dattels has retired after an 18-year stint. Ex-GIC vice president joins Yangzijiang Financial Singapore-incorporated Yangzijiang Financial Holding Ltd has appointed former GIC vice president Wu… Continue reading People Digest: Ex-GIC exec joins Yangzijiang Financial; TPG Capital Asia chairman retires
Category: Tech News
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Shares of Alibaba, Tencent, other China tech giants sink after new US export rules
Shares in Chinese tech giants Alibaba Group and Tencent as well as chipmakers slumped on Monday, as investors were spooked by new US export control measures aimed at slowing Beijing’s technological and military advances. The Biden administration published a sweeping set of export controls on Friday, including a measure to cut China off from certain semiconductor chips made anywhere in the… Continue reading Shares of Alibaba, Tencent, other China tech giants sink after new US export rules
After Optus data breach, Singtel’s second Australian unit faces cyber attack
Singapore Telecommunications Ltd said on Monday its unit Dialog faced a cyber attack that potentially affected 1,000 current and former employees and fewer than 20 clients, weeks after a massive data breach at its other Australian unit Optus. The breach at Optus, Australia’s second-largest mobile operator, late last month compromised data of up to 10… Continue reading After Optus data breach, Singtel’s second Australian unit faces cyber attack
SoftBank Vision Fund 2 leads over $100m round in China’s dental 3D-printing firm SprintRayThe Series D round also attracted investors such as Yiheng C…
SoftBank Group Corp’s Vision Fund 2 has led a $100-million-plus funding round in SprintRay, a Chinese provider of dental-care solutions based on 3D printing, as the firm looks to expand its global operations beyond the US and Europe. SprintRay’s Series D round attracted participation from China-focused Yiheng Capital and ZWC Partners, a dual-currency venture capital… Continue reading SoftBank Vision Fund 2 leads over $100m round in China’s dental 3D-printing firm SprintRayThe Series D round also attracted investors such as Yiheng C…
US-based Stonepeak raises $2.5b for maiden Asia-Pacific fund
US infrastructure and real estate investment firm Stonepeak has so far raised $2.5 billion for its maiden Asia-Pacific fund, its filing with the US Securities and Exchange Commission showed. The fund, Stonepeak Asia Infrastructure Fund LP, has already received commitments from at least 13 investors and is just $500 million away from its $3-billion target.… Continue reading US-based Stonepeak raises $2.5b for maiden Asia-Pacific fund
Clean Technica: Westward Ho! 1500 Miles in My Tesla Model 3 Long Range with 2 Mountain Ebikes: Cost, Supercharging, Tips002303
My wife and I have just completed our annual 1500 mile trip from Three Lakes in northern Wisconsin to Lindon, Utah, 30 miles south of Salt Lake City. We take three days in our Tesla Model 3 Long Range just like we did previously with our Toyota Highlander gasmobile. This is true even with two… Continue reading Clean Technica: Westward Ho! 1500 Miles in My Tesla Model 3 Long Range with 2 Mountain Ebikes: Cost, Supercharging, Tips002303
Clean Technica: Similarities Between Tesla FSD And Cruise, Argo AI, & Waymo You Might Not Have Noticed002302
I saw many takes on Tesla AI Day 2022 that fell into a couple of main buckets. Those were mostly about the robot, Optimus, and we’ve published articles covering that at length. However, I stumbled across some critiques of the FSD Beta portion of the presentation that I found surprising and interesting. These mostly came… Continue reading Clean Technica: Similarities Between Tesla FSD And Cruise, Argo AI, & Waymo You Might Not Have Noticed002302
Epic Games and Match Group want to bring additional antitrust allegations against Google
Epic Games and Match Group are attempting to expand their lawsuits against Google to include additional allegations against the search giant. In a motion filed on Friday with a federal court in the Northern District of California, the two companies accused Google of paying off developers that had the means and ability to create competing… Continue reading Epic Games and Match Group want to bring additional antitrust allegations against Google
Twitter and Instagram lock Kanye West’s accounts after a weekend of antisemitic posts
Kanye West’s return to Twitter has been short-lived. Less than a day after Elon Musk welcomed him back to the platform, the rapper saw his account suspended for posting an antisemitic message. On late Saturday night, West, who goes by Ye now, said he would go “death con 3 On JEWISH PEOPLE.” In the same… Continue reading Twitter and Instagram lock Kanye West’s accounts after a weekend of antisemitic posts
India Deal Review: Startup fundraising plunges 17% to $1b in SeptMolbio Diagnostics was the only startup to make it to the unicorn club in Sept
Indian startups notched up an investment of nearly $1 billion across 115 private equity and venture capital transactions in September, recording a drop of 17% over August as macro headwinds continued to pose fundraising challenges, according to proprietary data compiled by DealStreetAsia. Fundraising by Indian startups has been on a downward trajectory since April this… Continue reading India Deal Review: Startup fundraising plunges 17% to $1b in SeptMolbio Diagnostics was the only startup to make it to the unicorn club in Sept