Nothing’s second attempt at wireless headphones come in a carry case that tries to combine a cosmetics packaging aesthetic with the glossy white, transparent style of its other devices so far. The Ear Stick, priced at $99, works best with the company’s phone (of course) but will happily work with any Android device or iPhone.… Continue reading Nothing’s $99 Ear Stick earbuds have a fancy twisting case
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Ford is ending production of the Fiesta in Europe
/ The compact four-door had already been discontinued in the United States, as the automaker leaves room only for trucks, SUVs, and its growing EV portfolio Production line of a Fiesta.Image: Getty Ford is ending production of the Fiesta in Europe to make room for electric cars. The automaker’s compact four-door vehicle will be the… Continue reading Ford is ending production of the Fiesta in Europe
App Store developers aren’t happy with gambling app ads appearing beneath their listings
Apple/ Tech / Gambling app ads have even started showing up beneath apps meant to help users recover from a gambling addiction Illustration by Alex Castro / The Verge Apple just launched new ad placements on the App Store, and developers aren’t happy with the types of ads surfacing beneath their apps. As spotted by… Continue reading App Store developers aren’t happy with gambling app ads appearing beneath their listings
Scientists Say They’ve Figured Out a Way to Read Thoughts Using an MRI Machine
Image by Getty Images/Futurism Researchers at the University of Texas claim to have built a “decoder” algorithm that can reconstruct what somebody is thinking just by monitoring their brain activity using an ordinary fMRI scanner, The Scientist reports. The yet-to-be-peer-reviewed research could lay the groundwork for much more capable brain-computer interfaces designed to better help… Continue reading Scientists Say They’ve Figured Out a Way to Read Thoughts Using an MRI Machine
Sony’s new A7R V camera uses a dedicated AI processor to identify and track subjects
/ The latest full-frame camera from Sony keeps its predecessor’s 61-megapixel full-frame sensor but adds a new autofocus system with subject detection. It’s also got a bevy of other new features and costs $3,899.99. The Sony A7R V looks a whole lot like other Alpha cameras until you look closer at its rear LCD.Image: Sony… Continue reading Sony’s new A7R V camera uses a dedicated AI processor to identify and track subjects
Chinese VC firm Bright Capital raises almost $140m for dual-currency fund seriesBright Capital plans to double down on early-stage dealmaking in the c…
Chinese venture capital (VC) firm Bright Capital has held the final closing of a new US dollar fund, bringing the total capital commitments for its third dual-currency fund series to 1 billion yuan ($139.3 million), it announced on Wednesday. With the dry powder, Shenzhen-headquartered Bright Capital plans to double down on early-stage investments in the… Continue reading Chinese VC firm Bright Capital raises almost $140m for dual-currency fund seriesBright Capital plans to double down on early-stage dealmaking in the c…
IFC mulls extending $25m debt to Indian laminate maker Greenlam
International Finance Corporation (IFC), the private sector investment arm of the World Bank Group, has proposed to extend debt investment worth up to $25 million to Greenlam, one of the largest laminate manufacturers in India. Greenlam plans to use the proceeds to part-finance greenfield manufacturing facilities for high-pressure laminates, and particleboard, an engineered wood product… Continue reading IFC mulls extending $25m debt to Indian laminate maker Greenlam
Temasek’s president, CFO step down in management reshuffle
Singapore state investor Temasek Holdings’ chief financial officer Leong Wai Leng and president Tan Chong Lee are stepping down from their respective roles, Bloomberg reported on Wednesday. General counsel Pek Siok Lan will also be leaving the firm. CFO Leong, who is departing after a 16-year stint at the company, will be replaced by deputy… Continue reading Temasek’s president, CFO step down in management reshuffle
Singapore’s GIC joins consortium to acquire EU-based Unither Pharma
Singapore sovereign wealth fund GIC has joined a consortium to acquire Unither Pharmaceuticals (Unither), an EU-based pharmaceutical product manufacturer, from French PE firm Ardian, according to an announcement. The transaction sees the consortium comprising GIC and IK Partners (IK) acquiring the equity stake while Keensight Capital (Keensight) and Parquest are reinforcing their existing positions. Unither’s… Continue reading Singapore’s GIC joins consortium to acquire EU-based Unither Pharma
Hidden Hill Capital leads $300m funding in Geely-owned NEV brand Farizon Auto
Farizon Auto, a commercial new energy vehicle (NEV) brand owned by Chinese multinational automaker Geely, announced on Wednesday that it has raised over $300 million in a Series Pre-A round led by GLP’s private equity arm Hidden Hill Capital. Hangzhou-based Farizon Auto, which was launched in 2016 by Geely’s commercial vehicle subsidiary Zhejiang Geely New… Continue reading Hidden Hill Capital leads $300m funding in Geely-owned NEV brand Farizon Auto