Cathay Life Insurance, the insurance subsidiary of Taiwanese conglomerate Cathay Financial Holdings, has agreed to commit $80 million to the latest fund of New York private equity firm Clayton Dubilier & Rice. According to the insurance company’s regulatory filing, the commitment is for Clayton, Dubilier & Rice Fund XII LP, a $20-billion PE fund that… Continue reading Taiwanese insurer Cathay Life commits $80m to Clayton Dubilier & Rice fundThe $20b PE fund has so far raised $10b in just about four months since its …
Category: Tech News
Category Added in a WPeMatico Campaign
Hamilton Lane looks for more fund investing opportunities in SE AsiaThe firm’s allocation to Asia ranges between 10% and 30% of its AUM.
US-based private markets investment manager Hamilton Lane, which has made fund investments in Southeast Asia’s growth space, will continue to seek opportunities in the region. Its portfolio includes L Catterton Asia 3 Continuation Fund Sing LP and Everstone Capital Partners III, which are held through the firm’s Private Assets Fund under its evergreen strategies. Go… Continue reading Hamilton Lane looks for more fund investing opportunities in SE AsiaThe firm’s allocation to Asia ranges between 10% and 30% of its AUM.
Faraday Future raises $100 million to help launch flagship FF 91
Faraday Future said it has secured up to $100 million in funding as the struggling EV startup tries to launch its long-delayed first model, the FF 91. The near-term funding agreements include up to $40 million in convertible notes and warrant exercise payments, and up to $60 million in convertible notes from Hong Kong holding… Continue reading Faraday Future raises $100 million to help launch flagship FF 91
Faraday Future (FFIE) resolves investor dispute, raises up to $100M to launch FF 91
EV start-up Faraday Future (FFIE) inches one step closer to finally launching its flagship EV, the FF 91, after announcing Monday it has reached an agreement to resolve an ongoing dispute with its largest shareholder to fund production. Faraday Future continues raising money for FF 91 launch Faraday Future has faced endless delays as it… Continue reading Faraday Future (FFIE) resolves investor dispute, raises up to $100M to launch FF 91
Tesla Semi electric trucks spotted being shipped around ahead of deliveries
Several Tesla Semi electric trucks have been spotted being shipped around the country ahead of the long-awaited start of deliveries. Tesla Semi, an all-electric class 8 truck, was unveiled back in 2017. At the time, it was supposed to come as soon as 2019. The vehicle program was delayed for years, and until recently, it… Continue reading Tesla Semi electric trucks spotted being shipped around ahead of deliveries
Experts Have Bad News for That Tiny Island That Appeared the Other Day
Life is fleeting, even if you’re an island of volcanic ash. Tectonic Fate If you feel yourself getting attached to that new island that sprouted from the Pacific Ocean’s waters spare yourself the agony. This isn’t the first time that this sort of thing has happened in the area — and according to the experts,… Continue reading Experts Have Bad News for That Tiny Island That Appeared the Other Day
Amazon Just Announced Its First “Early Access Sale” — Here’s What You Need to Know
Amazon has officially announced its first ever “Early Access Sale,” which will take place on October 11 and October 12. This two-day sale follows the same principles as Amazon’s Prime Day: Prime members will get exclusive access to thousands of deals across all categories. Some deals are available right now, but we’d expect the best… Continue reading Amazon Just Announced Its First “Early Access Sale” — Here’s What You Need to Know
Score Some Crucial Extra Seconds with the Best SSDs for Gaming in 2022
Any great rig needs an excellent SSD for gaming. Solid-state drives are a must for quick and stable load times, and will only improve the overall performance of even the most powerful gaming PCs. If you’ve put off upgrading your space, there’s never been a better time to treat yourself to an upgrade. SSDs are… Continue reading Score Some Crucial Extra Seconds with the Best SSDs for Gaming in 2022
The Human Family in Crisis
Across the political spectrum, there is a pervasive and growing feeling that the human enterprise is in a death spiral. It is 113 degrees in Phoenix, Arizona — no surprise there — but also in Medford, Oregon. Microplastics have been found in remote Arctic plateaus, the depths of ocean trenches, and in the placenta of… Continue reading The Human Family in Crisis
A Sprawling Bot Network Used Fake Porn to Fool Facebook
In November 2021, Tord Lundström, the technical director at Swedish digital forensics nonprofit Qurium Media, noticed something strange. A massive distributed denial of service (DDoS) attack was targeting Bulatlat, an alternative Phillippine media outlet hosted by the nonprofit. And it was coming from Facebook users. Lundström and his team found that the attack was just… Continue reading A Sprawling Bot Network Used Fake Porn to Fool Facebook