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Category: Tech News
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Elon Musk booed at Dave Chappelle show, claims it was only like ‘10 percent boos’
Elon Musk/ Tech / Not long after Musk made transphobic remarks, he appeared on stage with a comedian who has been repeatedly criticized for his own transphobic remarks. Kristen Radtke / The Verge; Getty Images Elon Musk took a brief break from running multiple companies mired in drama to create a little more drama by… Continue reading Elon Musk booed at Dave Chappelle show, claims it was only like ‘10 percent boos’
Matter finally arrives on devices you can actually use
/ With updates to its Eve Motion, Eve Energy, and Eve Door & Window, Eve’s smart home gadgets become the first Thread devices to work with Matter. The Eve Motion sensor is one of the first smart home devices that will work with Matter.Photo by Jennifer Pattison Tuohy / The Verge Christmas has come a… Continue reading Matter finally arrives on devices you can actually use
Indonesia’s Shipper cuts 8% staff citing uncertain economic conditionShipper joins a string of Indonesian and SE Asian startups that have cut down sta…
Indonesian warehouse and logistics player Shipper has laid off 65 employees or 8% of its workforce in anticipation of uncertain macroeconomic conditions in 2023, the company said in a statement on Monday. Shipper co-founder and CEO Phil Opamuratawongse called the decision “extremely difficult” but “necessary” to help the company become more agile and accelerate sustainable… Continue reading Indonesia’s Shipper cuts 8% staff citing uncertain economic conditionShipper joins a string of Indonesian and SE Asian startups that have cut down sta…
ID Digest: Tolaram subscribes to Bank Amar’s rights issue; UBS upgrades GoTo stock
Singapore’s Tolaram Group and members of the top management of Bank Amar have subscribed to the IDX-listed digital lender’s rights issue. Meanwhile, UBS has upgraded its view on GoTo’s shares from sell to buy with a target price of 160 rupiah apiece. Tolaram subscribes to Bank Amar’s rights issue Bank Amar’s majority shareholder Tolaram Group and… Continue reading ID Digest: Tolaram subscribes to Bank Amar’s rights issue; UBS upgrades GoTo stock
Asia Digest: BPEA EQT exits $1b deal with PI Advanced Materials; Bespin Global bags $60m from e& EnterpriseBPEA scrapped the deal due to concerns abou…
Asian private equity firm BPEA EQT has dropped its $1-billion acquisition of South Korean plastic film producer PI Advanced Materials, while South Korean cloud management firm Bespin Global has secured $60 million from the UAE-based IT services firm e& Enterprise. BPEA EQT could face a lawsuit BPEA EQT, formerly known as Baring Private Equity Asia,… Continue reading Asia Digest: BPEA EQT exits $1b deal with PI Advanced Materials; Bespin Global bags $60m from e& EnterpriseBPEA scrapped the deal due to concerns abou…
India Digest: FAAD gets Sebi’s nod for $36m AIF; Java launches $9m fund
Early-stage investor network FAAD announced that it has received market regulator Sebi’s approval to launch a category-1 alternative investment fund (AIF) with a corpus of $36 million (Rs300 crore). Separately, Java Capital has launched its first fund with a corpus of $9 million. FAAD gets Sebi’s nod for $36m fund Early-stage investor network FAAD announced… Continue reading India Digest: FAAD gets Sebi’s nod for $36m AIF; Java launches $9m fund
Tata Group said to be opening 100 exclusive Apple stores in India
Indian conglomerate Tata Group-owned Infiniti Retail, which runs the ‘Croma’ chain of stores, plans to open 100 stores across the country that will only sell Apple Inc products, the Economic Times newspaper reported on Monday, citing two people aware of the matter. Reuters Go to Source
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Dutch development bank FMO mulls $25m investment in SATYA MicroCapital
Dutch development bank FMO has proposed to invest $25 million in Delhi-based micro-finance company SATYA MicroCapital Limited. Of the proposed investment in SATYA, while $20 million will be used for growth of the loan book towards female and young entrepreneurs and women-owned microenterprises, the remainder $5 million will be earmarked for Water Sanitation and Hygiene… Continue reading Dutch development bank FMO mulls $25m investment in SATYA MicroCapital