Invade his privacy? How dare they! Big Babies Jeff Bezos wants to know what you buy, when you go to bed, who goes to and by your house, and as per his recent iRobot acquisition, he probably wants to map the interior of your home, too. But the Federal Trade Commission (FTC) digging into his business?… Continue reading Jeff Bezos Says the FTC is Being Vewy Vewy Mean
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SG Digest: Safeheron raises $7m; BHEX.SG gets standard payment institution licenceSafeheron has also announced a partnership with crypto wallet MetaMa…
Safeheron, which provides crypto security solutions, has raised $7 million in a pre-A funding round led by Yunqi Partners and Web3Vision, while cryptocurrency exchange BHEX.SG has received a standard payment institution licence from MAS to offer digital payment token (DPT) services in Singapore. Crypto security app Safeheron raises $7m Singapore-based Safeheron, an open source, one-stop self-custody… Continue reading SG Digest: Safeheron raises $7m; BHEX.SG gets standard payment institution licenceSafeheron has also announced a partnership with crypto wallet MetaMa…
Sudden crypto drop sends bitcoin down 7.7% to three-week low
Cryptocurrencies fell sharply on Friday, with sudden selling dragging bitcoin to a three-week low. Bitcoin fell as much as 7.7% to $21,404 over a few minutes during the European morning, at around 0640 GMT. It recovered slightly then continued its downward trajectory to trade around $21,400 at 1138 GMT, down 8.2% on the day. Ether also dropped around… Continue reading Sudden crypto drop sends bitcoin down 7.7% to three-week low
Elon Musk says a lot of wild things — and somehow we have to believe him
Fifteen years or so ago, the sportswriter Bill Simmons coined the phrase “The Tyson Zone,” which refers to a rare situation in which you would believe absolutely anything someone told you about a person. (The stories about Mike Tyson are still horrifying and wild to read about.) It’s a high bar to clear because for… Continue reading Elon Musk says a lot of wild things — and somehow we have to believe him
Self-driving vehicles planned for UK roads by 2025, but public trust is an issue
Getty Images/iStockphoto The UK government says that driverless vehicles could be on UK roads by 2025 and has announced a £100 million (~$119m) package to fund research on safety developments. The government’s plans could see cars, coaches and lorries with self-driving features on motorways in the next year, with new legislation in the pipeline to… Continue reading Self-driving vehicles planned for UK roads by 2025, but public trust is an issue
Elon Musk slows down rollout of Tesla’s next ‘Full Self-Driving Beta’ update
Elon Musk announced that Tesla is slowing down the rollout of its next “Full Self-Driving Beta” software update (10.69) due to “many major code changes.” It is reportedly still coming tomorrow, but only to ~1,000 Tesla FSD Beta drivers. FSD Beta enables Tesla vehicles to drive autonomously to a destination entered in the car’s navigation… Continue reading Elon Musk slows down rollout of Tesla’s next ‘Full Self-Driving Beta’ update
Tesla Semi reservations closed, new details released ahead of launch
Tesla has stopped taking reservations for the upcoming Tesla Semi, which is slated to release later this year. In addition, it has updated its site with new specs, pictures, and video of the electric semi truck. Five years after the Tesla Semi’s original unveiling, it looks like we might finally be getting close to its… Continue reading Tesla Semi reservations closed, new details released ahead of launch
India: Nandan Nilekani-backed Fundamentum raises $227m for its second fundThe new fund is nearly 2.5 times larger than its first fund.
Fundamentum Partnership — a fund co-founded by Infosys co-founder Nandan Nilekani and Helion Ventures founder Sanjeev Aggarwal — has raised $227 million for its second fund, which is nearly 2.5 times larger than its first fund. The firm aims to lead or co-lead $25-40 million Series B and C funding rounds, for 4-5 tech-driven startups… Continue reading India: Nandan Nilekani-backed Fundamentum raises $227m for its second fundThe new fund is nearly 2.5 times larger than its first fund.
SE Asia Digest: PROEN terminates deal with Bitkub; Hodlnaut slashes 80% staff
More blockchain and crypto companies in Southeast Asia are facing upheavals in their business, including Singapore-based Hodlnaut and Thailand-based Bitkub. SET-listed PROEN drops digital asset investment in Bitkub Thailand-listed telecom and internet infrastructure firm PROEN has terminated an investment transaction with local crypto asset company Bitkub, after SCBX recently decided to delay its share acquisition… Continue reading SE Asia Digest: PROEN terminates deal with Bitkub; Hodlnaut slashes 80% staff
China Digest: Healsun raises nearly $37m; Warburg, Macquarie near Bohao deal
Chinese contract development and manufacturing organisation (CDMO) Healsun Biopharm has raised nearly 250 million yuan ($36.7 million) in a Series B round. Separately, Warburg Pincus and Macquarie Asset Management are reportedly close to making an investment of about $450 million in China’s Bohao Internet Data Services. Healsun raises nearly $37m in Series B Chinese contract… Continue reading China Digest: Healsun raises nearly $37m; Warburg, Macquarie near Bohao deal