OnlyFans will ban users from uploading photos and videos “sexually explicit conduct” as of October 1st. Although the company will block depictions of sex acts, nudity is still allowed as long as creators stick by OnlyFans’ Acceptable Use Policy. The changes follow pressure from payment providers and banking providers, as Bloomberg first reported. “In order… Continue reading OnlyFans bans ‘sexually explicit conduct,’ but nudity is still okay
Category: Tech News
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Elon Musk says Tesla is working on humanoid robots
Tesla CEO Elon Musk says his company is working on a humanoid robot and that it will build a prototype “sometime next year.” The humanoid robot will leverage Tesla’s experience with automated machines in its factories, as well as some of the hardware and software that powers the company’s Autopilot driver assistance software. Musk, who… Continue reading Elon Musk says Tesla is working on humanoid robots
Several obstacles stand in the way of SPACs landing in Hong Kong …
In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to… Continue reading Several obstacles stand in the way of SPACs landing in Hong Kong …
SG’s Vulpes trains eye on sustainability in portfolio, future investments
Premium Sustainability is becoming an integral part of due diligence in venture capital, and Vulpes Investment Management is taking a hard look at its portfolio and investment processes, said Stephen Diggle, founder of the family office-backed firm. “There may be changes in the portfolio,” Diggle said in an interview with DealStreetAsia. “And there may be… Continue reading SG’s Vulpes trains eye on sustainability in portfolio, future investments
New investors spot big promise in India’s renewable energy sector
Earlier this month, US investment firm Augment Infrastructure said it will buy a majority stake in rooftop solar power producer Mumbai-based CleanMax Enviro Energy Solutions for ₹1,650 crore, marking its first investment in India. Also in August, Copenhagen Infrastructure Partners, a renewable energy-focused fund manager, announced its first India investment with a commitment of $200 million… Continue reading New investors spot big promise in India’s renewable energy sector
Jollibee investing $77m in IPO-bound industrial REIT CentralHub
Philippine-listed fast-food giant Jollibee Foods Corporation (JFC) has approved a 3.9 billion pesos ($77 million) investment to create the country’s first and largest industrial real estate investment trust (REIT) in partnership with realty major DoubleDragon. In a disclosure to the Philippine Stock Exchange Friday, Jollibee said that it, together with its wholly-owned subsidiary Zenith Foods… Continue reading Jollibee investing $77m in IPO-bound industrial REIT CentralHub
Adobe is acquiring collaborative video software maker Frame.io for $1.275 billion
Adobe announced on Thursday that it’s acquiring the company behind popular collaborative video production software of the same name, Frame.io, for $1.275 billion. Adobe says it tried to create its own collaboration software on its own, but settled on buying Frame.io because some customers were already using it in their workflows, Bloomberg reports. Frame.io takes… Continue reading Adobe is acquiring collaborative video software maker Frame.io for $1.275 billion
Watch Tesla AI Day and follow the important news coming out of it
You can watch Tesla AI Day right here starting at 8:00 PM ET (5:00 PM PT) if Tesla is on time, which is a big ‘if’. We are also going to link to all the headline-worthy news coming out of the event. Over the last few years, Tesla started holding events, not really to unveil… Continue reading Watch Tesla AI Day and follow the important news coming out of it
Tesla will enter the Japanese energy market with a 6 MWh Megapack project
Tesla is reportedly about to enter the Japanese energy market with its energy storage products, starting with a 6 MWh Megapack project. Since its inception, Tesla has been intricately linked to Japan. Until Panasonic, a Japanese company, no other battery supplier wanted to sell li-ion to Tesla for use in electric cars. For years and… Continue reading Tesla will enter the Japanese energy market with a 6 MWh Megapack project
BharatPe raises $27m debt funding from IIFL Wealth and Northern Arc …
This marks BharatPe’s seventh debt fundraise, taking the total debt raised by the company to over ₹500 crore (or roughly around $70 million). The company plans to raise a total of $250 million in debt by the end of fiscal year 2021-2022 (FY22). Earlier this year, BharatPe had raised over ₹300 crore from top venture debt funds… Continue reading BharatPe raises $27m debt funding from IIFL Wealth and Northern Arc …