Category: Tech News

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Australian aerial imagery firm Nearmap gets $755m takeover offer from Thoma Bravo

Australia’s Nearmap Ltd disclosed on Monday a $754.6 million non-binding takeover proposal from Thoma Bravo and said it had granted due diligence to the private equity firm, sending shares of the aerial imagery company higher by more than 30%. The A$2.10-per-share cash proposal received last month represented a premium of nearly 39% to the stock’s Friday close.… Continue reading Australian aerial imagery firm Nearmap gets $755m takeover offer from Thoma Bravo

Indonesian MSME enabler Majoo raises $10m in Series A fundingAC Ventures, Quona Capital, BRI Ventures, and Xendit participated in the round.

Majoo, an Indonesian micro, small, and medium enterprises (MSMEs) enabler, has bagged $10 million in a Series A funding round led by an undisclosed global tech investor. AC Ventures, Quona Capital, BRI Ventures, and Xendit participated in the round. The startup will utilise the fresh capital to add more strategic partnerships, as well as expand… Continue reading Indonesian MSME enabler Majoo raises $10m in Series A fundingAC Ventures, Quona Capital, BRI Ventures, and Xendit participated in the round.

Cleantechnica: German Court Overrules “Tesla Autopilot” Marketing Ban 002180

Tesla Autopilot in use in Germany. Photo by Zach Shahan | CleanTechnica. The short news update on a case that extends back to 2019 is that an appeals court has overturned a regional court ruling from 2019 that determined Tesla could not use the term “Autopilot” on its website and in other marketing materials in… Continue reading Cleantechnica: German Court Overrules “Tesla Autopilot” Marketing Ban 002180

Clean Technica: New Tesla LFP Megapack Is Big — Really Big! (With Video)002179

The internet is a strange and mysterious place. Once upon a time, if a company had a new product, it would issue a press release and trumpet the news to the heavens and beyond. Tesla, as we all know, does things differently. It shuns sharing any news beyond what is incorporated into a tweet by… Continue reading Clean Technica: New Tesla LFP Megapack Is Big — Really Big! (With Video)002179

At Least 50 Dead in Seasonal Sudan Flooding

And it gets worse. Death Toll Yesterday, Bloomberg reported that at least 50 people have died in Sudan because of severe seasonal flooding, and the worst may not yet be over. The water has also damaged at least 8,170 homes, and the business pub reported that the UN Office for the Coordination of Humanitarian Affairs… Continue reading At Least 50 Dead in Seasonal Sudan Flooding

‘Rogue One’ will return to IMAX theaters before the Disney+ debut of ‘Andor’

Ahead of Andor’s debut on September 21st, Disney will bring Rogue One: A Star Wars Story back to theaters. The 2016 film will return to IMAX screens in the US on August 26th, along with an “exclusive look” at the upcoming Disney+ series. Details on the preview are sparse, but it’s likely to expand on… Continue reading ‘Rogue One’ will return to IMAX theaters before the Disney+ debut of ‘Andor’

Genshin Impact’s next major update arrives on August 24th

Genshin Impact’s long-awaited 3.0 update will launch on August 24th, Hoyoverse announced on Saturday. Dubbed “The Morn a Thousand Roses Brings,” the update will add a new rainforest and desert-themed region called Sumeru for players to explore, as well as a handful of new characters, including multiple five-star combatants, to collect. Collie, one of the… Continue reading Genshin Impact’s next major update arrives on August 24th

India’s Yulu Bikes in talks with Canada’s Magna to raise funds for new battery entityYulu Bikes had raised $7m in debt funding from Magna in Dec 2021.

Electric mobility startup Yulu Bikes Pvt Ltd is in advanced discussions to raise significant capital from Canadian auto parts maker Magna International for Yulu Energy Pvt Ltd, a newly-formed entity for managing its two-wheeler battery charging and swapping business, DealStreetAsia has learnt. Yulu Bikes is an Indian electric bicycle and scooter rental startup that is… Continue reading India’s Yulu Bikes in talks with Canada’s Magna to raise funds for new battery entityYulu Bikes had raised $7m in debt funding from Magna in Dec 2021.

India, SE Asia are global bright spots for growth, says General Atlantic’s Sandeep Naik

Despite significant uncertainty across global markets, US-headquartered private equity (PE) giant General Atlantic continues to bet big on opportunities in India and Southeast Asia — two regions it considers as the bright spots for growth. “We remain excited about the dynamic and innovative entrepreneurial ecosystem in India and Southeast Asia,” Sandeep Naik, managing director, head… Continue reading India, SE Asia are global bright spots for growth, says General Atlantic’s Sandeep Naik