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Category: Tech News
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Twitter was targeted by a coordinated trolling campaign following Musk takeover
Following Elon Musk’s takeover, Twitter was the target of a coordinated trolling campaign, according to Yoel Roth, the company’s head of safety and security. In a thread spotted by The Guardian, Roth said late Saturday that Twitter was working to stop an “organized effort” by trolls to make people think the company had weakened its… Continue reading Twitter was targeted by a coordinated trolling campaign following Musk takeover
MindWorks upsizes Fund IV target to $250m, ropes in HKU endowment fund as LPThe firm had initially planned to raise $150-200 million.
MindWorks Capital, a Hong Kong-based venture capital (VC) firm with investments in logistics giant Lalamove, has upsized the fundraising target of its Fund IV to about $250 million amid rising investors’ interest in a pan-Asia strategy. MindWorks, which focuses on cross-border startups in the pan-Asian market, is in the process of raising $200-250 million for… Continue reading MindWorks upsizes Fund IV target to $250m, ropes in HKU endowment fund as LPThe firm had initially planned to raise $150-200 million.
At $3.1b, fundraising by Indian startups hits seven-quarter low in Q3
Hit by the ongoing funding winter and macroeconomic headwinds, fundraising by Indian startups hit a seven-quarter low to touch $3.1 billion in the third quarter of 2022, data from DealStreetAsia DATA VANTAGE‘s latest report India Deal Review: Q3 2022 show. Not only was the amount less than half the financing secured in Q2 2022, the… Continue reading At $3.1b, fundraising by Indian startups hits seven-quarter low in Q3
The LP View: Critical to determine which track records are repeatable
Limited partners (LPs) are keeping a close eye on distributions as the broader environment gets tougher for managers. “The critical thing for LPs to determine right now is, which of the track records are truly repeatable, and which are not. There is no guarantee that the next 10 years are going to be as good… Continue reading The LP View: Critical to determine which track records are repeatable
Australia’s Nitro Software receives $320m bid from KKR’s Alludo
Australia’s Nitro Software said on Monday that it would back a near A$500 million ($320.15 million) offer from KKR Inc’s Alludo that trumps an earlier bid from major shareholder Potentia Capital Management. Alludo made the bid early Monday at A$2.00 per share, which it said was an 11% premium to Potentia’s revised offer of $A1.80 per share.… Continue reading Australia’s Nitro Software receives $320m bid from KKR’s Alludo
India remains open to self-regulation of social media content, says ministerDecisions about social media content have been a particularly thorny issue…
India continues to favour a self-regulatory body for social media content disputes, a federal minister told Reuters, despite a lack of consensus among Big Tech companies to form a joint appeals panel. The government on Friday said it would set up an appeals panel amid concerns users had no recourse if they objected to moderation… Continue reading India remains open to self-regulation of social media content, says ministerDecisions about social media content have been a particularly thorny issue…
Musk said to fire Twitter execs to avoid payouts, plan layoffs
Twitter’s new owner Elon Musk fired top executives in an effort to avoid hefty severance payouts, while lining up other layoffs as soon as Saturday to avoid stock grants due on Nov. 1, according to media reports on Saturday. Musk fired Twitter Chief Executive Parag Agrawal, Chief Financial Officer Ned Segal and legal affairs and… Continue reading Musk said to fire Twitter execs to avoid payouts, plan layoffs
Something Unknown Seems to Blast Earth With Radiation Every Thousand Years or So
“There’s a kind of extreme astrophysical phenomenon that we don’t understand and it actually could be a threat to us.” Unknown Threat Solar flares were once thought to be responsible for historical spikes in the Earth’s radiation levels. But a new study suggests that those spikes of radiation may not be caused by solar flares… Continue reading Something Unknown Seems to Blast Earth With Radiation Every Thousand Years or So
Bizarre Shoe Attachments Claim to Make You Walk Way Faster
These “Moonwalkers” are not an April Fool’s joke. Moonwalkers A company founded by a team of Carnegie Mellon robotic engineers called Shift Robotics claims its Moonwalkers, a dorky-looking pair of shoe attachments, will increase your walking speed by up to 250 percent. In other words, you might stand a chance to get away from the… Continue reading Bizarre Shoe Attachments Claim to Make You Walk Way Faster