Shippeo, a Paris, France-based provider of a multimodal supply chain transportation visibility platform, raised $40M in funding. Backers included Battery Ventures, Partech, NGP Capital, ETF Partners, Bpifrance Digital Venture and SAP.io, LFX Venture Partners, and Yamaha Motor Ventures. The company intends to use the funds to accelerate growth, expand partnerships and operations across Asia-Pacific. Led… Continue reading Shippeo Raises $40M in Funding
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Chip City Cookies Receives $10M from Enlightened Hospitality Investments
Chip City Cookies, a New York-based cookie brand, raised $10M in funding. Enlightened Hospitality Investments made the commitment. The company intends to use the funds to accelerate growth plans to scale its gourmet cookie concept beyond New York City, and strengthen its brand position within the competitive cookie segment, bolstered by its ship-anywhere partnership with Uber… Continue reading Chip City Cookies Receives $10M from Enlightened Hospitality Investments
Don’t expect your car’s safety technology to save you
Automakers tout advanced driver-assistance systems like adaptive cruise control and emergency braking as a solution to the epidemic of traffic fatalities. But what if they’re just convenience features? Car companies love to explain how their research and development efforts will lead us toward “a world with zero crashes,” as General Motors puts it. Automakers like… Continue reading Don’t expect your car’s safety technology to save you
Tesla (TSLA) pulls demand levers in China, launches referral program and cuts prices
Tesla has decided to pull on demand levers in China with the launch of a new referral program in the market and cutting prices on Model 3 and Model Y. The TSLA Stock price is down in pre-market. Over the last few months, there have been increased concerns about softening of demand for Tesla vehicles.… Continue reading Tesla (TSLA) pulls demand levers in China, launches referral program and cuts prices
Bono says you can blame him for that free iTunes U2 album
Remember back in 2014 when U2 gave away an album’s worth of songs to every iTunes user in the world? And it turned out that a large number of them didn’t want said album anywhere near their music library — to the point that Apple had to release a special tool to remove it? That… Continue reading Bono says you can blame him for that free iTunes U2 album
Vietnam’s VinFast receives $135m green financing led by ADBVinFast is developing Vietnam’s first fully-electric public transport bus fleet.
Vietnamese carmaker VinFast has received $135 million in financing led by the Asian Development Bank (ADB) to support the manufacturing of its fully-electric public transport bus fleet and national electric vehicle (EV) charging network. The financing will enable VinFast to achieve net-zero greenhouse gas emissions, according to a statement released on Monday. The climate financing… Continue reading Vietnam’s VinFast receives $135m green financing led by ADBVinFast is developing Vietnam’s first fully-electric public transport bus fleet.
KKR, Mubadala to co-invest at least $1b in APAC private credit strategy
Global private equity powerhouse KKR and Abu Dhabi sovereign wealth fund Mubadala Investment Company have announced a strategic partnership that will see both firms co-investing across private credit opportunities in the Asia Pacific region. The partnership aims to deploy at least $1 billion of long-term capital, according to a statement. Mubadala will deploy its capital… Continue reading KKR, Mubadala to co-invest at least $1b in APAC private credit strategy
Saudi’s Sidra Capital, BlackRock hold first close of APAC PE strategy
Saudi alternative asset manager Sidra Capital and BlackRock Alternatives have joined hands to hold the first close of the Sidra-BlackRock Asia-Pacific Private Equity Strategy, which will invest in Shariah-compliant private equity opportunities in the Asia-Pacific (APAC). The programme seeks to “access leading managers with compelling transactions” across the region, Sidra said in a statement. While… Continue reading Saudi’s Sidra Capital, BlackRock hold first close of APAC PE strategy
Apple’s next Mac Pro could feature an M2 chip with up to 48 CPU cores
Among the new computers Apple plans to announce in the coming months is an M2 variant of the Mac Pro, according to Bloomberg’s Mark Gurman. Writing in his latest Power On newsletter, Gurman reports the company has been testing a version of its high-end desktop that features a chipset with a 24-core CPU and 76-core… Continue reading Apple’s next Mac Pro could feature an M2 chip with up to 48 CPU cores
Amazon’s Echo is half off right now
All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission. All prices are correct at the time of publishing. If you missed the chance to pick up… Continue reading Amazon’s Echo is half off right now