Tesla’s Gigafactory in Berlin had a cardboard fire

/ Why the recycling materials went ablaze is unknown, but it’s enough for local groups to get fired up again about environmental dangers the factory poses. Illustration by Alex Castro / The Verge Tesla’s dealing with the aftermath of a fire on the grounds of its Gigafactory in Berlin early this morning. According to local… Continue reading Tesla’s Gigafactory in Berlin had a cardboard fire

China Digest: Leadrive Technology bags Series C funding; AIoT firm Evomotion snaps $20mLegend Capital re-upped in Leadrive’s latest funding round

EV powertrain control systems startup Leadrive Technology has finished its Series C funding round while AIoT firm Evomotion has snapped $20 million in a Series B round.  Leadrive snaps Series C funding   Leadrive Technology has completed its Series C funding round, the company announced without disclosing the funding amount.  Existing shareholder Legend Capital, an… Continue reading China Digest: Leadrive Technology bags Series C funding; AIoT firm Evomotion snaps $20mLegend Capital re-upped in Leadrive’s latest funding round

AMD’s Ryzen 7900X arrives to take on Intel’s 12900K

2022’s Intel versus AMD battle has only just begun Share this story Image: AMD Intel took the desktop CPU performance crown last year with its Core i9-12900K processor. And now, nearly a year later, AMD is ready to trade blows again with its next-generation Ryzen Zen 4 CPUs. Fabbed on TSMC’s 5nm process node, AMD… Continue reading AMD’s Ryzen 7900X arrives to take on Intel’s 12900K

Singapore’s Temasek leads $40m deal in Chinese cloud-rendering startup Well-LinkThe Beijing-based startup is seeking to expand internationally

Singapore’s Temasek Holdings has led a $40-million funding round in cloud-rendering solutions developer Well-Link Technologies as the Chinese startup is seeking to expand internationally. As a Series B2 round for Well-Link, the new investment attracted capital injections from existing shareholders, including China-focused technology venture capital (VC) firm Future Capital and CDH Venture and Growth Capital… Continue reading Singapore’s Temasek leads $40m deal in Chinese cloud-rendering startup Well-LinkThe Beijing-based startup is seeking to expand internationally

Line Man Wongnai is Thailand’s latest unicorn after Series B funding

Line Man Wongnai, a food delivery startup in Thailand, announced raising $265 million in a Series B funding round that values it at over $1 billion, minting the company as the country’s latest tech unicorn. The startup, which now claims to be the largest tech startup by valuation in Thailand, said the funding round was… Continue reading Line Man Wongnai is Thailand’s latest unicorn after Series B funding

Amazon will hold a Prime Early Access Sale on October 11th and 12th

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission. All prices are correct at the time of publishing. After weeks of rumors, Amazon has officially announced… Continue reading Amazon will hold a Prime Early Access Sale on October 11th and 12th

Indian digital banking infra platform Signzy raises $26m round led by Gaja Capital

India-based digital banking infrastructure enabler Signzy has raised Rs 210 crore ($26 million) from Gaja Capital and its existing investors, Vertex Ventures and Arkam Ventures, in its latest funding round, according to an announcement. With the fresh funding, the fintech SaaS company will enhance its ‘No-code Workflow Digitalization’ platform and solutions, as it targets greater… Continue reading Indian digital banking infra platform Signzy raises $26m round led by Gaja Capital

Brokerage CLSA vice-chairman Charles Lin steps down

CLSA, the international unit of China’s largest broker China’s Citic Securities Co, said on Monday its vice-chairman Charles Lin has stepped down from his role. Charles Lin, who was hired in April 2020 to the top role at CLSA, resigned from the Hong Kong-headquartered investment bank earlier this month, but will serve as the vice chairman… Continue reading Brokerage CLSA vice-chairman Charles Lin steps down

Garuda Indonesia files for Chapter 15 bankruptcy in US: CEO

Flag carrier Garuda Indonesia has requested a court in New York to recognise its recent debt restructuring deal done at a Jakarta court, under Chapter 15 of the US Bankruptcy Code, its chief executive, Irfan Setiaputra, told Reuters. Garuda and its creditors agreed to halve its debt to around $5 billion in a deal overseen by a bankruptcy… Continue reading Garuda Indonesia files for Chapter 15 bankruptcy in US: CEO

HR-tech startup Sprout Solutions buys PH automation platform Linnia

Sprout Solutions, an HR-tech startup based in the Philippines, announced that it has acquired AI and process automation platform Linnia for an undisclosed amount. Linnia, which is the flagship platform of Aiah (Innovantage), provides a robotic process automation platform that automates repetitive tasks in desktop applications and digitises transactions in the procure-to-pay process. It also… Continue reading HR-tech startup Sprout Solutions buys PH automation platform Linnia