Amazon will host a hardware event on September 28th at 12PM ET, the company announced today. The invite the retailer sent to Engadget didn’t include many details, promising only that it would share news about “our latest Amazon devices, features, and services.” Incidentally, the event will fall exactly one year to the date of its… Continue reading Amazon is holding its annual hardware event on September 28th
Category: Tech News
Category Added in a WPeMatico Campaign
The US Space Force’s new anthem proves it’s just another boring government entity
Three years after becoming the newest branch of the US Armed Forces, the Space Force has an official song. Titled “Semper Supra” (or “Always Above,” if you’re not a fan of Latin), the tune made its debut on Tuesday at the 2022 Air, Space and Cyber Conference in Maryland. Now, before I say anything else… Continue reading The US Space Force’s new anthem proves it’s just another boring government entity
Singapore green investment firm TRIREC hits first close of debut VC fund at $75mThe firm is targeting to close the fund at $100m by H1 2023
TRIREC, a Singapore-based climate-focused investment company, recently made the first close of its maiden venture capital (VC) fund at around $75 million, said the firm’s founder and managing partner Melvin Yeo. The firm is targeting to close the fund at $100 million by H1 2023, Yeo told DealStreetAsia during an exclusive interview. Go to Source
SE Asian PE major Northstar set to hit first close of early-stage fund at $75m
Southeast Asian private equity major Northstar Group is said to be close to achieving the first close of its early-stage fund at $75 million, according to sources close to the development. Northstar is targeting to raise $150 million for the new vehicle. Singapore state investor Temasek Holdings is understood to be seriously considering investing in… Continue reading SE Asian PE major Northstar set to hit first close of early-stage fund at $75m
University of Michigan commits $111m in total to Sequoia, Matrix funds
Photo: REUTERS/Beawiharta The University of Michigan has approved an aggregate of $111 million in commitments to funds managed by venture capital investors Sequoia Capital and Matrix Partners, according to a board document. The commitments were approved by the university’s regents at a meeting early this month. Create an account to continue reading this premium story… Continue reading University of Michigan commits $111m in total to Sequoia, Matrix funds
Taiwan Life commits $30m to Antin Infrastructure’s latest flagship PE fund
Insurer Taiwan Life, which is part of CTBC Financial Holdings, announced that it committed about $30 million to Antin Infrastructure Partners V, the flagship fund of private equity firm Antin Infrastructure Partners. In a filing on the Taiwan Stock Exchange, the Taiwanese insurer said its commitment will give it about 0.3% share in the latest… Continue reading Taiwan Life commits $30m to Antin Infrastructure’s latest flagship PE fund
Palihapitiya to wind down two SPAC firms as choppy markets deter valuations
Prolific SPAC investor Chamath Palihapitiya is winding down two of his blank-check firms after failing to find suitable target companies within a deadline as choppy public markets dampen investor sentiment for the once high-flying investment vehicles. Social Capital Hedosophia Holdings Corp IV and Social Capital Hedosophia Holdings Corp will return the funds raised to shareholders, Palihapitiya said… Continue reading Palihapitiya to wind down two SPAC firms as choppy markets deter valuations
PG&E says Tesla battery was source of power storage site fire
In the early hours on Monday, a Tesla Megapack battery caught fire at a key California power storage facility, the state’s largest utility said in a statement to TechCrunch. According to PG&E, the utility “became aware of a fire in one Tesla Megapack at its Elkhorn Battery Storage facility” at around 1:30 AM in Moss… Continue reading PG&E says Tesla battery was source of power storage site fire
Leoparda Electric is bringing battery swapping for two-wheelers to LatAm
Leoparda Electric, a São Paolo–based startup, wants to be the Gogoro of Latin America. In other words, it’s looking to build out a network of battery swapping stations that should help spread adoption of electric two-wheelers in the region. While LatAm is the second largest two-wheeler market after Southeast Asia, electrification in the region has… Continue reading Leoparda Electric is bringing battery swapping for two-wheelers to LatAm
Hertz will order up to 175,000 EVs from General Motors, including BrightDrop vans
Eco-conscious vehicle renters can soon expect to see EVs from GM brands Buick, Chevrolet, Cadillac, GMC and even commercial delivery unit BrightDrop at Hertz rental locations. The car rental giant said Tuesday it plans to order up to 175,000 electric vehicles from General Motors over the next five years, with first deliveries of Chevy Bolt… Continue reading Hertz will order up to 175,000 EVs from General Motors, including BrightDrop vans