The fitness tracker has industry-leading stress tracking, but pour one out for the future of Fitbit smartwatches When I reviewed the Fitbit Sense two years ago, it was an ambitious smartwatch. Its successor, the Sense 2? Eh, not so much. It’s hyperbole to say the Sense 2 is a complete downgrade, but I don’t think… Continue reading Fitbit Sense 2 review: it doesn’t make much sense
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Rivian recalls 13,000 EVs over loose fastener that could affect steering
/ The recall affects nearly every vehicle Rivian produced this year The Rivian R1S is just one of the vehicles affected by the recall.Photo by Nilay Patel / The Verge Rivian’s recalling about 13,000 electric vehicles (EVs) over a loose fastener that could affect drivers’ ability to control the car (via CNBC). The recall affects… Continue reading Rivian recalls 13,000 EVs over loose fastener that could affect steering
Biden’s Privacy Order Slaps a Band-Aid on the EU-US Data Crisis
At Workday, a California-based HR software provider with more than 2,000 customers headquartered in Europe, the mood is optimistic. Chandler Morse, vice president of corporate affairs, believes this is evidence that the US and EU can reach an agreement on more than just the privacy shield problem. “There’s a number of other tech issues that… Continue reading Biden’s Privacy Order Slaps a Band-Aid on the EU-US Data Crisis
EA starts rolling out a new PC app to replace Origin
It has been two years since EA announced it was working on a replacement for its Origin PC client, and it’s now starting to roll out the new app to Windows users. The publisher claims that the EA app, which has just concluded its open beta phase, is its fastest and lightest PC client to… Continue reading EA starts rolling out a new PC app to replace Origin
Brazil unit of China Three Gorges to file for $1b IPOChina Three Gorges had an installed capacity of 8.28 gigawatts in Brazil in 2018.
The Brazilian unit of power company China Three Gorges Corp is expected to file this month for an initial public offering, aiming to raise $1 billion, three people with knowledge of the matter said on Friday. CTG Brasil hired the investment banking units of Citigroup, Bank of America, Itau Unibanco Holding, Banco Bradesco SA and Banco BTG Pactual, the sources added, requesting anonymity to disclose private discussions. Citi… Continue reading Brazil unit of China Three Gorges to file for $1b IPOChina Three Gorges had an installed capacity of 8.28 gigawatts in Brazil in 2018.
PE firms more open to co-investing with VCs as lines get blurredPE investors feel business models have shifted towards the digital sector post-pandemi…
Growth-stage private equity (PE) firms are looking to invest alongside venture capital (VC) firms as they seek a slice of the fast-growing technology and digitalisation space, according to a seasoned investor. “Given that we are more of a growth-stage investor, we like to be the only one in the cap table from an institutional investor… Continue reading PE firms more open to co-investing with VCs as lines get blurredPE investors feel business models have shifted towards the digital sector post-pandemi…
Lazada South East Asia reports shrinking revenue, surging losses in FY2021
Alibaba-owned e-commerce company Lazada South East Asia Pte. Ltd. racked up mounting losses in the financial year ended March 31, 2021, on the back of shrinking revenue, its latest regulatory filings show. The firm’s revenue more than halved to $556,000 from $1.6 million the year before, according to its filings with Singapore’s Accounting and Corporate… Continue reading Lazada South East Asia reports shrinking revenue, surging losses in FY2021
US intensifies assault on China’s chip ambitions with fresh export controls
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Rivian voluntarily recalls 13,000 EVs for a potential loose fastener
Rivian informed customers Friday that it is conducting a voluntary recall of all 13,000 vehicles it has delivered so far due to a loose fastener. The fastener, which may not have been sufficiently torqued on a small percentage of vehicles, connects the front upper control arm and steering knuckle. This can cause loose and vibrating tires.… Continue reading Rivian voluntarily recalls 13,000 EVs for a potential loose fastener
US Department of Defense embracing electric military vehicles using GM’s Ultium Platform
Tactical military vehicles are about to get an electric upgrade. GM Defense, a business unit of General Motors focusing on advanced defense mobility needs, was selected by the Defense Innovation Unit (DIU) to develop a battery pack that can be used for functional electric military vehicles. The need to reduce our reliance on fossil fuels… Continue reading US Department of Defense embracing electric military vehicles using GM’s Ultium Platform