Category: Tech News

Category Added in a WPeMatico Campaign

Wednesday’s top tech news: Hurray for foldable competition

Filed under: Honor’s second foldable will eventually release outside of China, and people are getting confused about a new car logo. By Verge Staff 3 updates since Nov 22, 2022, 3:10 PM UTC RSS Follow this stream The newly announced Honor Magic VS.Image: Honor Everyone’s getting a little tired of the constant Twitter discussion, so… Continue reading Wednesday’s top tech news: Hurray for foldable competition

Xiaomi’s 12T Pro gets a ‘fictional archaeology’ makeover

Even if you aren’t familiar with Daniel Arsham, chances are you might have already come across his crystallized Pokémon sculptures. Fans can now get a similar makeover on a smartphone, by way of a collaboration between Xiaomi and the New York-based artist. The Xiaomi 12T Pro Daniel Arsham Edition features a faithful reproduction of the… Continue reading Xiaomi’s 12T Pro gets a ‘fictional archaeology’ makeover

‘Deus Ex Go’ and other Square Enix mobile games are shutting down

Within less than a couple of months, you’ll no longer be able to access Deus Ex Go, the turn-based puzzle game entry in the cyberpunk-dystopian franchise. Deus Ex Go was developed by Square Enix Montreal, which was acquired by Swedish game company Embracer Group back in May. While Embracer rebranded the studio to Onoma in… Continue reading ‘Deus Ex Go’ and other Square Enix mobile games are shutting down

Transition VC launches $49m debut fund to invest in climate tech startupsThe fund is looking to invest in up to 40 early-stage startups over the next …

Bengaluru-based Transition VC, an energy transition-focused venture capital firm, has launched a $48.9 million (Rs 400 crore) debut fund, with a greenshoe option of $24.4 million, it said it a statement on Wednesday. The firm aims to make seed investments in startups that are in the segments of e-mobility, green hydrogen, energy storage, net zero… Continue reading Transition VC launches $49m debut fund to invest in climate tech startupsThe fund is looking to invest in up to 40 early-stage startups over the next …

India Digest: PhonePe receives over $90m from parent; MyGate raises $12m in fresh funding

Flipkart-owned digital payments platform PhonePe has received a fresh capital infusion of about $90 million (Rs 742 crore) from its Singapore-based parent, while apartment management solution provider MyGate has raised about $12 million in a new round co-led by Urban Company and Acko. SG parent invests in PhonePe PhonePe has received a fresh capital infusion… Continue reading India Digest: PhonePe receives over $90m from parent; MyGate raises $12m in fresh funding

Malaysia’s Affin Hwang seeks to add $5.5b assets in 3 years

Malaysian investment manager Affin Hwang Asset Management has rebranded to AHAM Asset Management (AHAM Capital), and is aiming for 100 billion ringgits (nearly $22 billion) in assets under administration (AUA) by 2025, it said in a statement. The move follows the completion of its majority sale to Luxembourg-based alternative investment firm CVC Capital Partners. AHAM… Continue reading Malaysia’s Affin Hwang seeks to add $5.5b assets in 3 years

Affirma Capital seeks to sell stake in Jordan’s Fine Hygienic Holding

Singapore-based buyout firm Affirma Capital is seeking to exit its stake in Jordan-based Fine Hygienic Holding, one of the Middle East’s largest makers of tissue and paper products, two sources told Reuters. Affirma is working with Moelis & Co to arrange the sale of its significant minority stake in the company, said the sources, who… Continue reading Affirma Capital seeks to sell stake in Jordan’s Fine Hygienic Holding

Musk may choose to build EV factory in S Korea

Tesla chief executive Elon Musk said on Wednesday that South Korea was among its top candidate locations for a factory it plans to build in Asia for making electric vehicles (EVs), according to South Korea’s presidential office. Musk had made the remark in a video call with President Yoon Suk-yeol, adding that the company planned… Continue reading Musk may choose to build EV factory in S Korea

SG’s Wavemaker Partners appoints ex-Facebook and Stripe exec as GPAndy Hwang is also an active angel investor.

Southeast Asian venture capital firm Wavemaker Partners has appointed Andy Hwang as a general partner, according to a statement. Hwang, a longtime angel investor with stints at Facebook and Stripe, will join Wavemaker’s investment committee and work closely with managing partner Paul Santos. He will also sit on the boards of portfolio companies. Hwang is… Continue reading SG’s Wavemaker Partners appoints ex-Facebook and Stripe exec as GPAndy Hwang is also an active angel investor.