Neuralink has delayed its upcoming “show & tell” event by a month. On Sunday morning, Elon Musk tweeted that the showcase would take place on November 30th, instead of October 31st as was originally announced back in August. Musk did not provide a reason for the delay. The last time Neuralink held an event, it… Continue reading Elon Musk’s Neuralink delays show-and-tell event to November 30th
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SALT Ventures to launch $150m third fund, reinvents itself as ‘venture equity’The firm is targeting the first close in Q1 buoyed by interest from fami…
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China’s big data analytics firm Wenge snaps up $69m in Series E roundThe round was led by state-owned investment firms.
China’s big data analytics firm Wenge Group, known as Zhongke Wenge, has bagged over 500 million yuan ($69 million) in a Series E round led by state-owned investment firms including National Manufacturing Transformation and Upgrading Fund, CCTV Media Industry Investment Fund, and Zhongguancun Science City. Return backers Infotech ventures, Hengbang Capital, and the Chinese Academy… Continue reading China’s big data analytics firm Wenge snaps up $69m in Series E roundThe round was led by state-owned investment firms.
Indian PE firm Gaja Capital set to close fourth fund at $400m soon
India-focused mid-market private equity (PE) firm Gaja Capital has raised as much as $202 million as it gears up to make the final closing of its fourth fund, per a new filing with the US Securities and Exchange Commission (SEC). While the total amount sold to US investors is $7 million, the amount sold to… Continue reading Indian PE firm Gaja Capital set to close fourth fund at $400m soon
Dutch payments giant Adyen to push further into Asia
Amsterdam-based payment company Adyen aims to expand its footprint in Asia, with plans to increase its headcount — from software engineers to salespeople — as well as to acquire the necessary financial licenses, according to Chief Operating Officer Kamran Zaki, as the company seeks to diversify its revenue in the world’s fastest-growing region. “Over the… Continue reading Dutch payments giant Adyen to push further into Asia
Nasdaq halts IPOs of small Chinese companies as it probes stock rallies
Nasdaq Inc has put the brakes on initial public offering (IPO) preparations of at least four small Chinese companies while it investigates short-lived stock rallies of such firms following their debuts, according to lawyers and bankers who work on such stock launches. The stock exchange operator’s actions come amid a surge in the shares of Chinese… Continue reading Nasdaq halts IPOs of small Chinese companies as it probes stock rallies
Saudi Arabia launches bid to attract $10b in supply chain investment
Saudi Arabia’s crown prince on Sunday launched an initiative to attract investments in supply chains to and from the kingdom, with an aim of raising an initial 40 billion riyals ($10.64 billion). The initiative by Prince Mohammed bin Salman will include allocating about 10 billion riyals in incentives for supply chain investors, state news agency SPA… Continue reading Saudi Arabia launches bid to attract $10b in supply chain investment
The Best Tablets for Note-Taking of 2022
Say goodbye to jotting things down in paper notebooks — from here on out, we’re upgrading to tablets for all of our note-taking needs. A tablet’s screen is typically far larger than a smartphone’s display, and without the attachment of a keyboard (like on a 2-in-1 laptop) long-form notes and illustrations are much easier to… Continue reading The Best Tablets for Note-Taking of 2022
The New Math of Wrinkling Patterns
A few minutes into a 2018 talk at the University of Michigan, Ian Tobasco picked up a large piece of paper and crumpled it into a seemingly disordered ball of chaos. He held it up for the audience to see, squeezed it for good measure, then spread it out again. “I get a wild mass… Continue reading The New Math of Wrinkling Patterns
11 Best Chef’s Knives for Your Kitchen (2022): Affordable, Japanese, Carbon Steel
A great knife is the cornerstone on which a great meal is built. But if you ask three chefs what makes a great knife, you’ll likely get at least five answers. The truth is that what makes the perfect knife for you will depend on many factors, including your comfort level with knives, the size… Continue reading 11 Best Chef’s Knives for Your Kitchen (2022): Affordable, Japanese, Carbon Steel