People cry at airports all the time. So when Jai Cooper heard sobbing from the back of the security line, it didn’t really faze her. As an officer of the Transportation Security Administration (TSA), she had gotten used to the strange behavior of passengers. Her job was to check people’s travel documents, not their emotional… Continue reading The Humiliating History of the TSA
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The Disaster Consultants
The small city of Mexico Beach, Florida, always had a certain charm. It had been lucky. Even though it sits on the Gulf of Mexico, which gets rocked by hurricanes each year, it had never been affected by a major storm. The cinder block buildings and the cottage-style houses still had the same look and… Continue reading The Disaster Consultants
Thai regulators fine CTO of Bitkub Blockchain Technology for insider trading
An executive of Thai cryptocurrency exchange group Bitkub has been fined for insider trading related to a failed acquisition by the country’s oldest bank, regulators announced on Tuesday. The Securities and Exchange Commission said it would fine Samret Wajanasathian 8.53 million baht ($234,481) and bar him from serving as chief technology officer of Bitkub Blockchain Technology for… Continue reading Thai regulators fine CTO of Bitkub Blockchain Technology for insider trading
Alibaba pours $913m into Lazada Southeast Asia, making it $1.3b so far this year
Chinese internet giant Alibaba has invested $912.5 million into e-commerce player Lazada’s Southeast Asian entity, according to recent filings with Singapore’s Accounting Corporate and Regulatory Authority (Acra). This is on top of a recent cash injection of $378.25 million in May, bringing the total investment made by Alibaba into the Southeast Asian e-commerce firm to… Continue reading Alibaba pours $913m into Lazada Southeast Asia, making it $1.3b so far this year
The open elevator door button puts kindness at our fingertips
Elevator buttons can sometimes be fickle things — confusing labels or tricky security systems can start a trip up or down a building off on a slightly sour note. But on the control panel, there’s one button that stands out for its ability to make someone’s day instead of ruining it: the open door button.… Continue reading The open elevator door button puts kindness at our fingertips
A group of Tesla owners claims to go on hunger strike for Elon Musk’s attention, but there’s more
A group of Tesla owners in Norway claims they are going on a hunger strike to get Elon Musk’s attention about a long series of problems they claim to have with their vehicles. However, it looks like there might be another motive. Elon Musk was just in Norway earlier this to attend an energy conference,… Continue reading A group of Tesla owners claims to go on hunger strike for Elon Musk’s attention, but there’s more
Indonesia to roll out crypto bourse by year-end, says deputy ministerThe authority had initially targeted launching the bourse in 2021.
The Indonesian government is set to launch a crypto bourse by the end of 2022 as part of efforts to protect consumers amid rising interests in digital currencies, said a senior executive on Wednesday. The authority had initially targeted launching the bourse in 2021 but then postponed it to the first quarter of 2022 before… Continue reading Indonesia to roll out crypto bourse by year-end, says deputy ministerThe authority had initially targeted launching the bourse in 2021.
India may soon pull up startups that received back-door investments from China
The Indian government has started sending notices to startups that have raised funding from Chinese investors in the last two years, despite New Delhi’s restrictions on investments from neighbouring countries. According to people in the know, the Indian government has stepped up its scrutiny of the inflow of Chinese capital into India after it tweaked… Continue reading India may soon pull up startups that received back-door investments from China
Sequoia Capital India, Square Peg Capital co-lead job platform Kula’s $12m seed round
Kula, a US-based recruitment automation platform, has announced raising $12 million in a seed funding round co-anchored by Sequoia Capital India and Square Peg Capital. Existing investors Venture Highway and Together Fund also doubled down on their investment, Kula said in a statement. The round brings Kula’s total funds raised to $15 million in the… Continue reading Sequoia Capital India, Square Peg Capital co-lead job platform Kula’s $12m seed round
China sets up mega-fund to invest $2.9b in ultra-HD video sector
Three state-backed investment groups in southern China have joined forces in the launch of an RMB-denominated mega-fund to invest up to 20 billion yuan ($2.9 billion) in the country’s ultra-high-definition (UHD) video industry. Guangzhou Development District Investment Group, a Chinese state capital investor with about 45 billion yuan ($6.5 billion) in total assets, co-established and… Continue reading China sets up mega-fund to invest $2.9b in ultra-HD video sector