Category: Tech News

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Waymo’s robotaxis are now making passenger trips to the Phoenix airport

/ The Alphabet company says it is the first AV operator to conduct ride-hail trips to an airport, signaling the start of a potential lucrative commercial opportunity Waymo is ready to tackle the chaos of airport drop-offs and pickups in Phoenix. The Alphabet company says it is the first autonomous vehicle company to include a… Continue reading Waymo’s robotaxis are now making passenger trips to the Phoenix airport

IFC, CapitaLand Ascott Trust jointly launch $111m ESG-linked bondsThe proceeds will be used to refinance existing borrowings and decarbonise CLAS’ ser…

Asia-Pacific’s largest lodging trust, CapitaLand Ascott Trust (CLAS), which is managed by Singapore-listed CapitaLand Investment, has launched JPY 16.5 billion ($111 million) sustainability-linked bonds in the global hospitality sector in partnership with International Finance Corporation (IFC). Under its S$2-billion ($1.4 billion) multicurrency debt issuance programme, the instrument has a 1.05% fixed coupon rate per annum… Continue reading IFC, CapitaLand Ascott Trust jointly launch $111m ESG-linked bondsThe proceeds will be used to refinance existing borrowings and decarbonise CLAS’ ser…

Entrepreneur First pulls the plug on SG and Toronto amid global restructuring

Entrepreneur First (EF) will consolidate its global operations and rescind its programmes in Singapore and Toronto, according to an official statement by the London-based venture builder. The strategy shift will see EF downsize the number of hubs it oversees while zeroing in on key growth markets such as Europe, North America, and India. EF added… Continue reading Entrepreneur First pulls the plug on SG and Toronto amid global restructuring

Nykaa’s quarterly profit grows three-fold on strong festive demand

FSN E-Commerce Ventures Ltd, which runs online fashion retailer Nykaa, on Tuesday reported a 350% jump in quarterly profit buoyed by strong demand for its products ahead of the festive season in India. Consolidated net profit stood at Rs 5.2 crore for the quarter ended Sept 30, 2022, compared with Rs 1.17 crore in the… Continue reading Nykaa’s quarterly profit grows three-fold on strong festive demand

Prosus and Naspers deny report about Tencent stake sale

Technology investment firm Prosus NV and its South African parent Naspers on Tuesday rejected as “untrue” a report that they are in talks to sell their large stake in Chinese software and gaming giant Tencent. In a pre-market statement, Amsterdam-based Prosus said an article in Asian Tech Press citing unnamed sources saying that Naspers was in talks with a group of investors led by state-backed CITIC of China to sell its entire Tencent stake was “speculative and untrue”. Prosus holds a 28% stake in Tencent worth $70 billion at… Continue reading Prosus and Naspers deny report about Tencent stake sale

Why Amazon VP Steve Boom just made the entire music catalog free with Prime

Apple Music raised its rates. Will Amazon Music follow suit? Share this story Photo illustration by Will Joel / The Verge Steve Boom is the VP of Amazon Music, and he has a great name for the music business. He’s on the show because Amazon just announced that it is upgrading the music service that… Continue reading Why Amazon VP Steve Boom just made the entire music catalog free with Prime

Twitter has removed 1,500 accounts following coordinated trolling campaign

Twitter became the target of a coordinated trolling campaign shortly after Elon Musk took over the company last week. Yoel Roth, the company’s head of safety and security, said that the organized effort was to make people think that Twitter has weakened its policies. Roth also said that the company was working on putting a… Continue reading Twitter has removed 1,500 accounts following coordinated trolling campaign

Microsoft now implies that it will support Call of Duty on PlayStation forever

Earlier this year, Sony PlayStation boss Jim Ryan said that Microsoft’s promise to support Call of Duty on PlayStation for three more years was “inadequate on many levels.” Now in comments to the gaming podcast SameBrain, Xbox chief Phil Spencer appears to have extended that timeframe to forever, or at least as long as PlayStation… Continue reading Microsoft now implies that it will support Call of Duty on PlayStation forever