US-based Apeel raises $250m Series E round led by return backer Temasek

US-based food system innovation player Apeel has raised $250 million in its Series E funding round led by return investor Temasek Holdings, according to a company statement. Singapore’s sovereign wealth fund GIC, which is also an existing investor, joined the latest round. The company’s valuation has touched over $2 billion and its total funding to… Continue reading US-based Apeel raises $250m Series E round led by return backer Temasek

Asia Digest: Gojek launches GoCar in Vietnam; Shandi raises $700k; Quadrant buys Papinelle

Gojek has officially introduced GoCar, its four-wheel ride-hailing service, in Ho Chi Minh City while Quadrant Private Equity has acquired Australian women’s sleepwear brand Papinelle. Meanwhile, Singapore-based foodtech startup Shandi has raised more than $700,000 in a second seed funding round led by Tolaram Group. Gojek launches GoCar in Vietnam Indonesian tech giant Gojek has… Continue reading Asia Digest: Gojek launches GoCar in Vietnam; Shandi raises $700k; Quadrant buys Papinelle

GM and AT&T are teaming up to bring 5G to Chevy, Cadillac, and GMC cars by 2024

General Motors and AT&T are partnering to bring 5G connectivity to “millions” of vehicles over the next decade. The improved connectivity will mean better software performance, enhanced navigation, and faster music and video streaming capabilities, company officials said. Starting with model year 2024, all Chevrolet, Cadillac, and GMC vehicles will come equipped with 5G. In… Continue reading GM and AT&T are teaming up to bring 5G to Chevy, Cadillac, and GMC cars by 2024

Tesla AI Day might rely on ‘one more thing’ moment to be impactful

Tesla is holding its ‘AI Day’ today and the automaker might have to rely on a ‘one more thing’ moment for the presentation to be impactful and move the needle. Over the last few years, Tesla started holding events, not really to unveil new products, but to present new technologies that it has been working… Continue reading Tesla AI Day might rely on ‘one more thing’ moment to be impactful

Chinese AI startup SenseTime to file for Hong Kong IPO by end-August

Chinese artificial intelligence startup SenseTime is planning to file for an up to $2 billion initial public offering (IPO) in Hong Kong as soon as the end of this month, three people with direct knowledge of the deal told Reuters. The company, which Washington put on a trade blacklist in October 2019, has hired Chinese investment banks… Continue reading Chinese AI startup SenseTime to file for Hong Kong IPO by end-August

China to set up new state-owned conglomerates in strategic sectors

China will set up new central government-owned conglomerates focusing on strategic emerging industries at an appropriate time, the State Assets Supervision and Administration Commission (SASAC) said on Thursday. State-owned giants in the world’s second-biggest economy should step up innovation and strengthen tech research for industrial machines, high-end chips, new materials and new energy vehicles, the SASAC said in a statement… Continue reading China to set up new state-owned conglomerates in strategic sectors

‘Lower Decks’ is an indictment of Abrams and Kurtzman-era Star Trek

The following contains spoilers for season two, episode two of ‘Star Trek: Lower Decks.’ I’ve been a Star Trek fan for most of my life, and yet I still chuckled at this Onion video released after the first J.J. Abrams installment came out back in 2009: “Trekkies Bash New Star Trek Film As ‘Fun, Watchable.’”… Continue reading ‘Lower Decks’ is an indictment of Abrams and Kurtzman-era Star Trek

Oppo promises 5-axis OIS is coming to its phones soon

Never one to shy away from showing off its latest developments, Oppo is now teasing more upcoming mobile camera tech. The most interesting bit is perhaps the 5-axis optical image stabilization, which uses both lens shifting and sensor shifting for maximum effect — apparently three times the angle than that of conventional optical stabilization, according… Continue reading Oppo promises 5-axis OIS is coming to its phones soon

PayPal will no longer charge late fees for buy now, pay later purchases

Soon, you’ll no longer get hit with additional charges if you miss a PayPal installment for a previous purchase. The online payment giant has announced that it will stop charging late fees for global purchases made using Pay in 4 in the US, Pay in 3 in the UK and Pay in 4X in France… Continue reading PayPal will no longer charge late fees for buy now, pay later purchases