The Monetary Authority of Singapore (MAS) has appointed Gillian Tan as chief sustainability officer while Crown Digital has announced several key hires. MAS names Gillian Tan as chief sustainability officer The Monetary Authority of Singapore (MAS) has appointed Gillian Tan as chief sustainability officer from 17 October 2022, according to an announcement. This position adds… Continue reading People Digest: MAS appoints chief sustainability officer; Crown Digital announces new hires
Category: Tech News
Category Added in a WPeMatico Campaign
FedEx is shutting down its robot delivery program
/ It follows news this month that Amazon is stopping development of its own last-mile delivery robot. FedEx’s Roxo robot was able to navigate autonomously, but was overseen by human operators at all times.Image: FedEx FedEx is stopping development of its last-mile delivery robot, Roxo. The news was first reported by Robotics 24/7, with FedEx… Continue reading FedEx is shutting down its robot delivery program
YouTube ends experiment that required a Premium subscription to play videos in 4K
Those who were worried that YouTube would completely limit access to 4K content to Premium subscribers can breath easily. For now. YouTube has revealed on Twitter that it has “fully turned off” the experiment that requires Premium subscription to be able to play videos in 4K resolution. Earlier this month, users started reporting on social… Continue reading YouTube ends experiment that required a Premium subscription to play videos in 4K
Three of Australia’s top banks consider bid for payments firm TyroTyro is valued at $508m as of Monday’s close.
Three of Australia’s biggest banks are considering a bid for payment terminals firm Tyro, underscoring the importance of new revenue streams as rising interest rates batter the mortgage market. Australian retail banks are anxious to compete with Block Inc, the payments firm controlled by Twitter founder Jack Dorsey, which has been expanding its point-of-sale offer… Continue reading Three of Australia’s top banks consider bid for payments firm TyroTyro is valued at $508m as of Monday’s close.
BYD expects four-fold jump in quarterly profit as China sales surge past Tesla
BYD Co, China’s biggest electric car maker, said third-quarter net profit likely more than quadrupled as it extends its sales lead over Tesla Inc in the world’s largest auto market. Having ditched gasoline vehicles from its product mix this year, BYD has, more than any other automaker, been able to capitalise on a range of… Continue reading BYD expects four-fold jump in quarterly profit as China sales surge past Tesla
Toshiba’s preferred bidder offers to pay price short of key 6,000 yen a share
The preferred bidder to buy out Toshiba Corp has offered to pay less than the widely regarded threshold of 6,000 yen a share, two sources said, indicating the premium for the Japanese conglomerate may not be as rich as investors had hoped. A consortium led by private equity firm Japan Industrial Partners (JIP) was granted preferred bidder… Continue reading Toshiba’s preferred bidder offers to pay price short of key 6,000 yen a share
EQT takes over HK-based Baring Private Equity Asia
Swedish private equity group EQT has completed the acquisition of Hong Kong-based Baring Private Equity Asia (BPEA) to create what the firm called a global leader in active ownership strategies. The deal was said to be worth €6.8 billion ($6.7 billion) when it was announced in March, making it the biggest takeover of a private… Continue reading EQT takes over HK-based Baring Private Equity Asia
China Digest: imBee raises $5m; Tecon Biology’s arm bags $139m
Hong Kong-based chat management platform imBee has raised $5 million in a Series A round, while Tecon Pharmaceutical, a subsidiary of the Shenzhen-listed Tecon Biology, has secured $139 million to expand its manufacturing capabilities. imBee raises $5m in a Series A round Hong Kong-based chat management platform imBee has raised $5 million in a Series… Continue reading China Digest: imBee raises $5m; Tecon Biology’s arm bags $139m
Cadillac shares new details of hand-built Celestiq, including a starting price tag ‘north of $300K’
GM’s luxury brand Cadillac has shared a multitude of new details surrounding the upcoming Celestiq sedan it has been teasing for over a year and a half now. Cadillac is describing the Celestiq as its most technologically advanced and most luxurious vehicle ever, and it just may be its most expensive as well. Here’s the… Continue reading Cadillac shares new details of hand-built Celestiq, including a starting price tag ‘north of $300K’
Tesla launches home charging station that works with other electric cars
Tesla has launched a home charging station, or Wall Connector as it calls it, that works with other electric cars and not just Tesla vehicles. Unlike all other electric automakers, Tesla uses its own proprietary connector for vehicles produced for the North American market. This means the company’s charging network and products, like home chargers,… Continue reading Tesla launches home charging station that works with other electric cars