Apple Pay Later may not arrive until next spring, according to Bloomberg’s Mark Gurman. As you may recall, Apple announced the buy now, pay later feature at WWDC 2022 and said, at the time, that it would arrive alongside iOS 16. Well, the latest version of the company’s mobile operating is here and Apple Pay… Continue reading Apple Pay Later may not arrive until next year due to ‘technical and engineering’ setbacks
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Hitting the Books: How Southeast Asia’s largest bank uses AI to fight financial fraud
Yes, robots are coming to take our jobs. That’s a good thing, we should be happy they are because those jobs they’re taking kinda suck. Do you really want to go back to the days of manually monitoring, flagging and investigating the world’s daily bank transfers in search of financial fraud and money laundering schemes?… Continue reading Hitting the Books: How Southeast Asia’s largest bank uses AI to fight financial fraud
Baring PE Asia weighs $7-8b merger of two portfolio companiesBPEA has notified Tricor and Vistra’s creditors about the merger plan.
Hong Kong’s Baring Private Equity Asia (BPEA) is exploring a merger of two Hong Kong-based business services firms it owns, Tricor and Vistra, Bloomberg News reported on Saturday. BPEA – which Sweden-based private equity fund EQT agreed to buy earlier this year in a deal worth 6.8 billion euros ($7.5 billion) – is working on a… Continue reading Baring PE Asia weighs $7-8b merger of two portfolio companiesBPEA has notified Tricor and Vistra’s creditors about the merger plan.
PE major TPG shutters SPAC after failing to find deal
A blank-check company backed by private equity firm TPG Inc said on Friday it plans to wind down its operations and return money to investors after failing to find a suitable target to merge with during market volatility. TPG Pace Beneficial Finance Corp said it would begin returning money to investors after reaching the two-year deadline for finding… Continue reading PE major TPG shutters SPAC after failing to find deal
Bankrupt crypto lender Voyager’s CFO to exit months after appointment
Voyager Digital Ltd Chief Financial Officer Ashwin Prithipaul is preparing to step down from his role within months of his appointment at the crypto lender that filed for bankruptcy in July. The company said on Friday the finance head would resign after a “transition period” to pursue other opportunities, and that Chief Executive Officer Stephen Ehrlich… Continue reading Bankrupt crypto lender Voyager’s CFO to exit months after appointment
iPhone 14 Pro packs a lot more innovation for the same price as last year
Pros Dynamic Island is fresh and more practical than the notch New 48-megapixel camera is a Pro-level upgrade A16 Bionic chip continues to impress iPhone price remains unfazed by inflation Cons Forcing eSIM adoption is an anti-consumer move Subpar battery life on the smaller Pro Always-on display can be bright and distracting 3X optical zoom… Continue reading iPhone 14 Pro packs a lot more innovation for the same price as last year
EV maker Leapmotor set to raise $800m in Hong Kong IPO — less than target: reportThe IPO could still be the largest in Hong Kong so far in 2022.
China electric vehicle (EV) maker Zhejiang Leapmotor Technology is set to raise $800 million by pricing its shares at HK$48 ($6.12) each in its Hong Kong initial public offering (IPO), according to two sources with direct knowledge of the matter. While that is less than the $1.03 billion the EV maker had said it was… Continue reading EV maker Leapmotor set to raise $800m in Hong Kong IPO — less than target: reportThe IPO could still be the largest in Hong Kong so far in 2022.
Grab does not see the need to undertake mass layoffs despite weak market
Grab, Southeast Asia’s biggest ride-hailing and food delivery firm, does not envisage having to undertake mass layoffs as some rivals have done, and is selectively hiring, while reining in its financial service ambitions. Chief Operating Officer Alex Hungate said that earlier in the year, Grab had been worried about a global recession and was “very careful and… Continue reading Grab does not see the need to undertake mass layoffs despite weak market
Cleantechnica: Tesla AI Day 2022 — What To Expect 002265
Tesla’s AI Day 2022 is coming up quickly, and investors and fans alike are wondering what the event may hold. From the latest technology in its cars to upcoming projects — such as the Optimus robot, expected to be debuted this year — Tesla’s second AI Day event is likely to be full of pleasant surprises. When… Continue reading Cleantechnica: Tesla AI Day 2022 — What To Expect 002265
Clean Technica: Will Tesla Create An “Ecological Paradise” At Giga Texas?002264
Elon Musk confirmed this week that expansion plans at Tesla Gigafactory Texas will allow for more green space that may evolve into a kind of “ecological paradise.” The revised application added 12 acres to the site’s limits of construction and 522,720 feet of space to the automaker’s electric vehicle production factory. “Ecological paradise plans from… Continue reading Clean Technica: Will Tesla Create An “Ecological Paradise” At Giga Texas?002264