Hit by the ongoing funding winter and macroeconomic headwinds, fundraising by Indian startups hit a seven-quarter low to touch $3.1 billion in the third quarter of 2022, data from DealStreetAsia DATA VANTAGE‘s latest report India Deal Review: Q3 2022 show. Not only was the amount less than half the financing secured in Q2 2022, the… Continue reading At $3.1b, fundraising by Indian startups hits seven-quarter low in Q3
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The LP View: Critical to determine which track records are repeatable
Limited partners (LPs) are keeping a close eye on distributions as the broader environment gets tougher for managers. “The critical thing for LPs to determine right now is, which of the track records are truly repeatable, and which are not. There is no guarantee that the next 10 years are going to be as good… Continue reading The LP View: Critical to determine which track records are repeatable
Australia’s Nitro Software receives $320m bid from KKR’s Alludo
Australia’s Nitro Software said on Monday that it would back a near A$500 million ($320.15 million) offer from KKR Inc’s Alludo that trumps an earlier bid from major shareholder Potentia Capital Management. Alludo made the bid early Monday at A$2.00 per share, which it said was an 11% premium to Potentia’s revised offer of $A1.80 per share.… Continue reading Australia’s Nitro Software receives $320m bid from KKR’s Alludo
India remains open to self-regulation of social media content, says ministerDecisions about social media content have been a particularly thorny issue…
India continues to favour a self-regulatory body for social media content disputes, a federal minister told Reuters, despite a lack of consensus among Big Tech companies to form a joint appeals panel. The government on Friday said it would set up an appeals panel amid concerns users had no recourse if they objected to moderation… Continue reading India remains open to self-regulation of social media content, says ministerDecisions about social media content have been a particularly thorny issue…
Musk said to fire Twitter execs to avoid payouts, plan layoffs
Twitter’s new owner Elon Musk fired top executives in an effort to avoid hefty severance payouts, while lining up other layoffs as soon as Saturday to avoid stock grants due on Nov. 1, according to media reports on Saturday. Musk fired Twitter Chief Executive Parag Agrawal, Chief Financial Officer Ned Segal and legal affairs and… Continue reading Musk said to fire Twitter execs to avoid payouts, plan layoffs
Something Unknown Seems to Blast Earth With Radiation Every Thousand Years or So
“There’s a kind of extreme astrophysical phenomenon that we don’t understand and it actually could be a threat to us.” Unknown Threat Solar flares were once thought to be responsible for historical spikes in the Earth’s radiation levels. But a new study suggests that those spikes of radiation may not be caused by solar flares… Continue reading Something Unknown Seems to Blast Earth With Radiation Every Thousand Years or So
Bizarre Shoe Attachments Claim to Make You Walk Way Faster
These “Moonwalkers” are not an April Fool’s joke. Moonwalkers A company founded by a team of Carnegie Mellon robotic engineers called Shift Robotics claims its Moonwalkers, a dorky-looking pair of shoe attachments, will increase your walking speed by up to 250 percent. In other words, you might stand a chance to get away from the… Continue reading Bizarre Shoe Attachments Claim to Make You Walk Way Faster
Potheads Sue Weed Company for Not Getting Them Stoned Enough
Be a lot cooler if their weed worked. Take Me Higher Two pissed-off potheads in California are suing a local cannabis company for allegedly fibbing about the potency of its prerolled joints — and who wouldn’t be mad about some weak flower? The lawsuit, filed last week, accused pot peddling company DreamFields Brands of false… Continue reading Potheads Sue Weed Company for Not Getting Them Stoned Enough
Researchers Say “Conan the Bacterium” Could Be Hidden Beneath Mars’ Surface
A bold new theory proposes that a super-survivor microorganism could survive under Mars’ barren surface for hundreds of millions of years. The upshot? That scientists should be on the lookout for it when analyzing the latest data from the Red Planet. In the study, researchers from Northwestern University posit that a form of bacteria found on Earth, known… Continue reading Researchers Say “Conan the Bacterium” Could Be Hidden Beneath Mars’ Surface
12 Best Subscription Boxes for Kids (2022): All Ages, STEM, Books, and Snacks
Here is a proposition: Rather than delight your kid once or twice a year with a big, expensive present that will eventually get put aside, why not surprise them with a small, delightful package once a month? I have two kids, a 5-year-old and a 7-year-old, and they love it when something arrives in the… Continue reading 12 Best Subscription Boxes for Kids (2022): All Ages, STEM, Books, and Snacks