Andy Wang, Partner, Primary Investments at Adams Street Partners in Beijing Global private markets investment manager Adams Street Partners believes limited partner (LPs) interest in Asia remains strong in spite of numbers that reflect weakened fundraising. Adams Street’s Andy Wang told DealStreetAsia in an exclusive interview: “Global entities do have plans to allocate to Asia,”… Continue reading The LP View: Interest in Asia remains robust despite fundraising woes
Category: Tech News
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PropertyGuru’s Q3 revenue soars 47% YoY, net loss narrows
New York-listed PropertyGuru posted a 47% year-on-year jump in revenue in Q3 of this year to S$34.6 million ($25 million), and cut its net loss to S$7.4 million in the quarter from S$9.6 million a year ago, its latest earnings report showed. The Southeast Asian property listing platform said its overall revenue rose on the… Continue reading PropertyGuru’s Q3 revenue soars 47% YoY, net loss narrows
Einride founder on building an underlying business to support future tech goals
Swedish startup Einride was founded in 2016 with a mission to electrify freight transport. Today, that means designing electric trucks and an underlying operating system to help overland shippers make the transition to electric. In the future, it will mean deploying electric autonomous freight — more specifically, Einride’s autonomous pods, which are purpose-built for self-driving… Continue reading Einride founder on building an underlying business to support future tech goals
Tesla recalls over 321,000 vehicles due to taillight software issue
/ Tesla’s rolling out an over-the-air software update to fix the glitch, which affects certain Model 3 and Model Y vehicles. Illustration by Alex Castro / The Verge Tesla’s recalling over 321,000 vehicles over a software glitch causing the taillights on some cars to illuminate improperly (via Reuters). According to a filing with the National… Continue reading Tesla recalls over 321,000 vehicles due to taillight software issue
Evidence Grows That Soggy Meteorites Gave Earth Its Oceans
“Meteorites like Winchcombe are a pretty good match [to] the water in the Earth’s oceans and suggests asteroids were the main source of water.” Rock of Ages Where Earth’s water comes from remains a contentious topic amongst scientists, but a meteorite that landed in England last year may contain a key chunk of evidence. Dubbed… Continue reading Evidence Grows That Soggy Meteorites Gave Earth Its Oceans
Facebook Takes Down AI That Churns Out Fake Academic Papers After Widespread Criticism
“It’s hilariously bad.” Fabulating After just a few days online — and tons of Twitter criticism — Meta-formerly-Facebook has taken down an AI it created that writes vaguely-plausible-sounding-but-ultimately-nonsensical academic papers. Released on November 15, Meta pulled the plug on its Galactica AI after three days of experts and random social media users dunking on the… Continue reading Facebook Takes Down AI That Churns Out Fake Academic Papers After Widespread Criticism
Scientists Build Circuit Boards Based on Mushrooms
“The results are groundbreaking.” MycelioTronics Electronic waste, also known as “e-waste,” is a major polluter, not to mention an increasingly difficult issue to combat. Excitingly, however, a team of Austrian scientists are working on a creative new solution to solve at least part of the e-waste puzzle: they’re making biodegradable substrates for electronics out of… Continue reading Scientists Build Circuit Boards Based on Mushrooms
COP27 conference approves historic climate damage fund for developing nations
Following two weeks of negotiations that felt doomed to go nowhere, the COP27 climate conference delivered a breakthrough deal to help developing nations cope with the often catastrophic effects of climate change. The Washington Post reports dignitaries agreed to create a “loss and damage fund” in the early hours of Sunday morning after two extra… Continue reading COP27 conference approves historic climate damage fund for developing nations
Hitting the Books: How Dave Chappelle and curious cats made Roomba a household name
Autonomous vacuum maker iRobot is a lot like Tesla, not necessarily by reinventing an existing concept — vacuums, robots and electric cars all existed before these two companies came on the scene — but by imbuing their products with that intangible quirk that makes people sit up and take notice. Just as Tesla ignited the… Continue reading Hitting the Books: How Dave Chappelle and curious cats made Roomba a household name
The Instant Vortex Plus air fryer is on sale for only $100 before Black Friday
All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission. All prices are correct at the time of publishing. Air fryers have been having a moment, and… Continue reading The Instant Vortex Plus air fryer is on sale for only $100 before Black Friday