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Category: Tech News
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Iconic ASCII sim ‘Dwarf Fortress’ will hit Steam and Itch on December 6th with major upgrades
It’s been a long, long time coming, but the legendary civilization management sim Dwarf Fortress at last has a Steam and Itch.io release date. It will be available on both storefronts on December 6th for $30. While that might seem steep for a game that has already been around for 16 years and is available… Continue reading Iconic ASCII sim ‘Dwarf Fortress’ will hit Steam and Itch on December 6th with major upgrades
Temasek backs Australian recycling startup Samsara Eco’s $34.7m funding roundThe company is looking to build its first plastic recycling facility in M…
Australian recycling tech startup Samsara Eco has announced raising A$54 million (about $34.7 million) in a Series A funding round backed by Singapore state investment firm Temasek Holdings. The round was also participated by a host of investors including Breakthrough Victoria, Assembly Climate Capital, DCVC, and INP Capital. Existing investors, such as deep-tech fund Main… Continue reading Temasek backs Australian recycling startup Samsara Eco’s $34.7m funding roundThe company is looking to build its first plastic recycling facility in M…
Indonesia’s SIRCLO finalising Series C funding round, eyes profit in a year
Indonesian e-commerce enabler SIRCLO is finalising its Series C funding round despite tighter liquidity in the market and an apparent end to the e-commerce boom witnessed during the COVID-19 pandemic, even as the company remains firmly focused on its profitability goals. “We are aiming for profitability in the next 12 months and have the option… Continue reading Indonesia’s SIRCLO finalising Series C funding round, eyes profit in a year
Many Indonesian digital lenders swing to profit zone but is the trend sustainable?
Many of Indonesia’s listed digital lenders — Bank Jago, Allo Bank, Bank Raya, and Bank Neo Commerce — have posted positive bottom lines in the latest earnings season on the back of strong growth in lending and deposits. However, the question of whether they have permanently turned the corner remains open to debate. Go to… Continue reading Many Indonesian digital lenders swing to profit zone but is the trend sustainable?
Fubon Life disposes shares in funds of Tiger Global, AEA Investors, and 21 others
Fubon Life Insurance, the insurance unit of Taiwanese financial conglomerate Fubon Financial Holdings, has disposed off its holdings in funds managed by Tiger Global Management, AEA Investors, and 21 other private and hedge funds. In regulatory filings, the insurer disclosed that it sold 18,068 shares in a fund managed by dealmaker Tiger Global Management for… Continue reading Fubon Life disposes shares in funds of Tiger Global, AEA Investors, and 21 others
Tesla tries to replicate Giga Shanghai’s success in the US with Chinese engineers
Tesla is looking to replicate the massive success that it achieved at Gigafactory Shanghai in the United States by bringing some of its Chinese engineers to help improve production at Fremont factory. It’s hard to overstate the success that has been Tesla Gigafactory Shanghai. Tesla was extremely successful in ramping up production at Gigafactory Shanghai,… Continue reading Tesla tries to replicate Giga Shanghai’s success in the US with Chinese engineers
Tesla tries to replicate Giga Shanghai’s success in the US with Chinese engineers
Tesla is looking to replicate the massive success that it achieved at Gigafactory Shanghai in the United States by bringing some of its Chinese engineers to help improve production at Fremont factory. It’s hard to overstate the success that has been Tesla Gigafactory Shanghai. Tesla was extremely successful in ramping up production at Gigafactory Shanghai,… Continue reading Tesla tries to replicate Giga Shanghai’s success in the US with Chinese engineers
Tesla releases new Full Self-Driving Beta update with high-level changes
Tesla is starting to release a new Full Self-Driving (FSD) Beta software update that includes many high-level changes that should positively impact performance. FSD Beta enables Tesla vehicles to drive autonomously to a destination entered in the car’s navigation system, but the driver needs to remain vigilant and ready to take control at all times.… Continue reading Tesla releases new Full Self-Driving Beta update with high-level changes
Ford, VW seeking buyer for Argo AI’s lidar unit
Ford and Volkswagen are trying to squeeze any remaining value out of Argo AI, the autonomous vehicle startup the two automakers invested billons in before abruptly shutting it down last week. One of the primary items on the block: Argo Lidar, an 80-person team and the lidar tech they developed, according to sources familiar with… Continue reading Ford, VW seeking buyer for Argo AI’s lidar unit