Back in 2018, former Apple employee Xiaolang Zhang was arrested at San Jose International Airport where he was going to board a last-minute flight to China. Zhang was accused of transferring a 25-page document that includes the engineering schematics of a circuit board for the company’s self-driving vehicle, along with technical manuals describing Apple’s prototype,… Continue reading Former Apple employee pleads guilty to stealing self-driving car secrets
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Indian digital wellness platform Mojocare raises $20m from B Capital’s Ascent Fund, othersExisting investors Chiratae Ventures, Sequoia India’s Surge …
Digital wellness platform Mojocare has raised $20 million in a Series A round led by B Capital’s Ascent Fund and existing investors Chiratae Ventures, Sequoia India’s Surge and Better Capital. The funding round also saw participation from angel investors, including Times Group MD Vineet Jain; CRED founder Kunal Shah; and Curefoods founder Ankit Nagori. Mojocare… Continue reading Indian digital wellness platform Mojocare raises $20m from B Capital’s Ascent Fund, othersExisting investors Chiratae Ventures, Sequoia India’s Surge …
DeepWay raises $67m and 21 more deal updates from Greater China worth $277mQiming Venture Partners led DeepWay’s Series A.
DeepWay, a Baidu-backed startup that develops smart, new energy heavy-duty trucks, announced on Tuesday the completion of its first external funding round of 460 million yuan ($67.1 million) to power trucks with autonomous driving technology. Chinese venture capital (VC) major Qiming Venture Partners led the Series A round, with participation from investment firm Vlight Capital,… Continue reading DeepWay raises $67m and 21 more deal updates from Greater China worth $277mQiming Venture Partners led DeepWay’s Series A.
Zoom cuts annual profit forecast as revenue growth hits record low
Zoom Video Communications Inc on Monday cut its annual profit and revenue forecasts as demand for the video-conferencing platform cools off from pandemic highs amid stiff competition from Microsoft Teams and Cisco WebEx. Shares of the pandemic darling fell 7% in extended trade after it reported its slowest quarterly revenue growth on record at 8%, as… Continue reading Zoom cuts annual profit forecast as revenue growth hits record low
India e-commerce firms go on hiring spree ahead of festive season
India‘s e-commerce companies are adding delivery personnel at a rapid pace, fearing a labour shortage might cause them to lose out in one of the biggest annual shopping seasons that begins in earnest next month. The moves come amid a tightening job market — India‘s unemployment rate fell below 7% in July for the first time since January — and persistently… Continue reading India e-commerce firms go on hiring spree ahead of festive season
New Zealand’s government transfers Kiwibank assets to new state-owned company
New Zealand’s government said on Monday it had transferred Kiwibank‘s assets to a new state-owned company, since the lender no longer fit within the long-term plans for two state entities that currently own it. Kiwibank, which is New Zealand fifth-largest retail bank, was owned by state-owned entities New Zealand Post, Accident Compensation Corporation and sovereign wealth fund New Zealand Superannuation Fund. The government said in a statement that the transaction valued at… Continue reading New Zealand’s government transfers Kiwibank assets to new state-owned company
Clean Technica: Tesla Aero Hubcap Replacement: Hub & Lug Nut Covers — Quick Installation & Review (Video)002195
I recently lost one of the original aero hubcaps our Tesla Model 3 SR+ came with. It seems that driving into a large amount of standing water in the midst of a ginormous Florida thunderstorm tore it off. (Or it was stolen.) It was quite sad to lose a hubcap, and a couple of days… Continue reading Clean Technica: Tesla Aero Hubcap Replacement: Hub & Lug Nut Covers — Quick Installation & Review (Video)002195
Save 26% on the Meshforce WiFi System and Other Back-to-School Deals on Routers
With everyone in the house relying on a speedy connection, paying top dollar for a high-speed internet plan through your internet service provider just doesn’t cut it anymore. With school coming back into session, you’ll be needing some serious WiFi connectivity for all of the homework, studying, and research projects (not to mention tv shows,… Continue reading Save 26% on the Meshforce WiFi System and Other Back-to-School Deals on Routers
Bitcoin Miners Forced to Sell Mining Rigs to Pay Debts
Sign of the times. Rigonometry US-based Bitcoin mining company Stronghold Digital Mining is feeling the squeeze following the devastating cryptocurrency crash that rocked the industry this year. According to Tom’s Hardware, the company had to sell off 25,200 of its mining rigs to clear $67.4 million in debt — a tacit admission that, at least in… Continue reading Bitcoin Miners Forced to Sell Mining Rigs to Pay Debts
Scientists Intrigued by Sharks That Can Walk on Land for Two Hours
Do not panic when you read the following sentence: there are sharks that have developed legs who can walk on land. No, this isn’t a creature feature a la “Sharknado” or “Snakes on a Plane.” This is real life evolution happening before our very eyes, and as researchers out of Australia and Florida have discovered… Continue reading Scientists Intrigued by Sharks That Can Walk on Land for Two Hours