The Federal Trade Commission wants to limit the amount of personal information Drizly can collect as part of the enforcement actions it’s proposing against the marketplace and its CEO. According to the FTC, the alcohol delivery service that Uber had purchased in 2021 and its chief executive, James Cory Rellas, were alerted to security issues… Continue reading FTC seeks to penalize Drizly and its CEO over a breach that exposed 2.5 million users’ data
Category: Tech News
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Guest post: How ESG is transforming SE Asia’s tech gameASEAN’s tech companies must establish tangible baselines for impact reporting.
Environmental, social, and governance (ESG) reporting is shaping up to be one of the most significant agendas of our time. Major commitments are being made in company boardrooms which have resulted in promising developments in emerging markets like Southeast Asia. As one of the fastest-growing regional economies, Southeast Asia has seen more than $15 billion… Continue reading Guest post: How ESG is transforming SE Asia’s tech gameASEAN’s tech companies must establish tangible baselines for impact reporting.
Korean video game firm GXC launches $40m venture fund
GXC, a South Korea-based global video game solutions company, has launched a $40-million venture fund focused on game developers and video game-related investments. In a statement, the gaming firm said the new VC fund, Round Ventures, will invest $2-8 million per gaming firm with co-investors. On its website, GXC said its co-investors include other game… Continue reading Korean video game firm GXC launches $40m venture fund
Agroshift, which raised Bangladesh’s largest pre-seed round, wants to transform the agri-supply chain
Agroshift, a Bangladeshi agritech startup, which enables businesses to source directly from farmers announced raising $1.8 million in funding on Tuesday. The fundraising marks the largest ever pre-seed round for any Bangladeshi startup to date. The round was co-led by UAE-based Shorooq Partners, a Middle East-focused technology investor, and Anchorless Bangladesh, a New York-based, early-stage… Continue reading Agroshift, which raised Bangladesh’s largest pre-seed round, wants to transform the agri-supply chain
Goldman Sachs launches Chinese infrastructure real estate joint venture
Goldman Sachs has launched a joint venture in China with local logistics company Sunjade in a bid to boost investment in Chinese logistics and infrastructure real estate assets, the U.S. bank said on Monday. The bank is forming the new unit via its investment arm Goldman Sachs Asset Management, which has invested more than $50 billion globally in real estate… Continue reading Goldman Sachs launches Chinese infrastructure real estate joint venture
Data Vantage: ADDX, AnyMind & Youvit receive capital and other updates
South Korean brokerage firm KB Securities officially secured a stake in Singapore-based private market exchange ADDX last week after investing $15 million in the startup. Priced at $2.35 per share, the capital injection was part of ADDX’s $58 million pre-Series B round announced in May, which was backed by the Stock Exchange of Thailand (SET),… Continue reading Data Vantage: ADDX, AnyMind & Youvit receive capital and other updates
Cleantechnica: Massive Supercharger Rollout in NSW 002337
New South Wales Australia is set for a massive supercharger rollout. The New South Wales (NSW) state government (Liberal) will invest “$39.4 million in the first round of Fast Charging Grants to co-fund 86 new fast and ultra-fast EV charging stations, each with four to 15 bays.” “This investment will see the largest, fastest and… Continue reading Cleantechnica: Massive Supercharger Rollout in NSW 002337
Cleantechnica: Tesla Cuts Prices In China, Cybertruck Battery Production Begins In Fremont 002336
According to CnEVPost, Tesla has reduced prices on the Model 3 sedan and Model Y SUV manufactured at its factory in Shanghai. It cites a report by Huxiu, a Chinese technology media source that claims Tesla is experiencing increased competition from local manufacturers. Huxiu, in turn, cites a report by Sun Shaojun, founder of local… Continue reading Cleantechnica: Tesla Cuts Prices In China, Cybertruck Battery Production Begins In Fremont 002336
Scientists Grow Hair Follicles in Laboratory for the First Time
Image by Yokohama National University In what could presage a groundbreaking treatment for hair loss, Japanese scientists have for the first time ever grown hair follicles in a lab. Researchers at Japan’s Yokohama National University said in a press release that they’ve pioneered in vitro hair follicle growth — a resounding success following decades of research… Continue reading Scientists Grow Hair Follicles in Laboratory for the First Time
‘House of the Dragon’ Wants You to Trust ‘Game of Thrones’ Again
The jig was up the minute Queen (yes, Queen) Rhaenyra Targaryen cast her eyes away from the fire and seemingly set her sights on revenge: This new Game of Thrones show will give you what the last Game of Thrones show didn’t. It was as telegraphed as the fact that [spoiler] was going to die… Continue reading ‘House of the Dragon’ Wants You to Trust ‘Game of Thrones’ Again