Hong Kong is looking to allow “a suitable degree” of crypto access to retail investors, and its market regulator will soon kickstart a public consultation for the same, according to a policy statement announced on Monday. “Hong Kong is open to the possibility of having exchange traded funds (ETFs) on virtual assets in Hong Kong,”… Continue reading Hong Kong may allow retail investors to trade in crypto
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Elon Musk considers making verification a Twitter Blue perk
With Elon Musk in charge, Twitter is planning to boost the price of its Blue subscription plan from $5 to $20 per month and make it mandatory for verified users, according to Platformer‘s Casey Newton and The Verge. If it launches the plan, verified users (celebrities, politicians, journalists, etc.) will have to sign up to… Continue reading Elon Musk considers making verification a Twitter Blue perk
Mopar shows off its electrified Jeep ‘CJ Surge’ concept at SEMA 2022
As the 2022 Specialty Equipment Market Association (SEMA) trade show kicks off Monday in Las Vegas, Mopar — Stellantis’ OEM accessory division — unveiled a trio of intriguing concept vehicles, led by an electrified Jeep CJ. Even more exciting, the battery electric technology behind it could portend a restomod revival of classic American muscle cars.… Continue reading Mopar shows off its electrified Jeep ‘CJ Surge’ concept at SEMA 2022
Cleantechnica: GM Suspends Advertising On Twitter — At Least Temporarily 002347
This week, General Motors (GM) announced it was taking a break from advertising on Twitter. The move came as Tesla CEO Elon Musk finalized his purchase of the social media platform. Most users expect editorial changes to reflect Musk’s previous pledges to reduce content moderation in what he has described as actions to promote free… Continue reading Cleantechnica: GM Suspends Advertising On Twitter — At Least Temporarily 002347
Roomba robot vacuums are up to 35 percent off at Amazon
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. Robot vacuums can be a godsend if vacuuming… Continue reading Roomba robot vacuums are up to 35 percent off at Amazon
Twitter was targeted by a coordinated trolling campaign following Musk takeover
Following Elon Musk’s takeover, Twitter was the target of a coordinated trolling campaign, according to Yoel Roth, the company’s head of safety and security. In a thread spotted by The Guardian, Roth said late Saturday that Twitter was working to stop an “organized effort” by trolls to make people think the company had weakened its… Continue reading Twitter was targeted by a coordinated trolling campaign following Musk takeover
MindWorks upsizes Fund IV target to $250m, ropes in HKU endowment fund as LPThe firm had initially planned to raise $150-200 million.
MindWorks Capital, a Hong Kong-based venture capital (VC) firm with investments in logistics giant Lalamove, has upsized the fundraising target of its Fund IV to about $250 million amid rising investors’ interest in a pan-Asia strategy. MindWorks, which focuses on cross-border startups in the pan-Asian market, is in the process of raising $200-250 million for… Continue reading MindWorks upsizes Fund IV target to $250m, ropes in HKU endowment fund as LPThe firm had initially planned to raise $150-200 million.
At $3.1b, fundraising by Indian startups hits seven-quarter low in Q3
Hit by the ongoing funding winter and macroeconomic headwinds, fundraising by Indian startups hit a seven-quarter low to touch $3.1 billion in the third quarter of 2022, data from DealStreetAsia DATA VANTAGE‘s latest report India Deal Review: Q3 2022 show. Not only was the amount less than half the financing secured in Q2 2022, the… Continue reading At $3.1b, fundraising by Indian startups hits seven-quarter low in Q3
The LP View: Critical to determine which track records are repeatable
Limited partners (LPs) are keeping a close eye on distributions as the broader environment gets tougher for managers. “The critical thing for LPs to determine right now is, which of the track records are truly repeatable, and which are not. There is no guarantee that the next 10 years are going to be as good… Continue reading The LP View: Critical to determine which track records are repeatable
Australia’s Nitro Software receives $320m bid from KKR’s Alludo
Australia’s Nitro Software said on Monday that it would back a near A$500 million ($320.15 million) offer from KKR Inc’s Alludo that trumps an earlier bid from major shareholder Potentia Capital Management. Alludo made the bid early Monday at A$2.00 per share, which it said was an 11% premium to Potentia’s revised offer of $A1.80 per share.… Continue reading Australia’s Nitro Software receives $320m bid from KKR’s Alludo