Jupiter Asset Management has appointed a new head of institutional, Asia Pacific, while crypto exchange Binance is looking for a new CEO. Meanwhile, Singapore-based theAsianparent has appointed a chief commercial officer. Jupiter Asset Management appoints head of institutional, APAC Jupiter Asset Management has announced the appointment of Adam Phua as Head of Institutional, Asia Pacific,… Continue reading People Digest: Jupiter, theAsianparent make key hires; Binance scouts for CEO …
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India’s SATYA MicroCapital raises $18m from responsAbility, BlueOrchard Finance
Delhi-headquartered microfinance startup SATYA MicroCapital has raised about $18 million (Rs 135 crore) through non-convertible debentures (NCDs) from impact investment fund manager responsAbility Investments and Swiss impact investor, BlueOrchard Finance Limited. About Rs 55 crore funds managed by Blue Orchard was disbursed in June and July 2021, and the remaining Rs 80 crore was made… Continue reading India’s SATYA MicroCapital raises $18m from responsAbility, BlueOrchard Finance
India: PhonePe closes $700m round after fresh infusion from Walmart, Tencent
Digital payments company PhonePe has raised $350 million from new and existing investors as part of the $700 million round that it announced in December last year. According to the company’s latest regulatory filings, American retail giant Walmart has led the financing by pumping in $281.5 million in the round while new investor China’s Tencent… Continue reading India: PhonePe closes $700m round after fresh infusion from Walmart, Tencent
Chinese Internet firms must curb online rumours, guard ‘fields of responsibility’
Chinese internet platforms must crack down on the spread of online rumours and guard their “fields of responsibility”, state media outlet the People’s Daily wrote in a commentary published Thursday. The comments come amid an ongoing regulatory tightening on technology companies. The piece’s author, Zhang Tianpei, argued that curbing online rumours was especially important in the current period of preventing the spread of the coronavirus pandemic. As the coronavirus… Continue reading Chinese Internet firms must curb online rumours, guard ‘fields of responsibility’
Crypto exchange Binance ropes in former US Treasury criminal investigator
Binance said on Wednesday it had appointed a former U.S. Treasury criminal investigator as its global money laundering reporting officer, part of an attempt by one of the world’s largest crypto exchanges to reinvent itself as a regulated financial firm. Governments and financial watchdogs are paying closer attention to the cryptocurrency industry, often putting in place rules that pose a challenge… Continue reading Crypto exchange Binance ropes in former US Treasury criminal investigator
Do Not Attempt To Imitate This Video of a Tesla Forging Floodwaters
But if you do, make sure to get it on video. Swimming Tesla Yet another Tesla driver has attempted to take their vehicle for a swim. In a video shared by the Twitter account Tesla Owners of Silicon Valley, a Tesla can be seen wading through several feet of flood waters. The Tesla easily shrugged… Continue reading Do Not Attempt To Imitate This Video of a Tesla Forging Floodwaters
Here’s a Therapeutic Video of Those Boston Dynamics Robots Busting Ass
Maybe the robots will report us for thoughtcrime, but delighting in their falls is worth it for now. Atlas Tripped There’s something deeply unsettling about watching Atlas, the humanoid robot from the engineers at Boston Dynamics that’s walked, run, jumped, and flipped in countless viral marketing videos over the years. It’s easy to watch Atlas… Continue reading Here’s a Therapeutic Video of Those Boston Dynamics Robots Busting Ass
How an Obscure Green Bay Packers Site Conquered Facebook
The Green Bay Packers play in one of the tiniest media markets in the NFL, with a small but famously loyal fan base. It’s a key part of their charm. It’s also why it was so bewildering to discover that the single most-viewed URL on Facebook over the past three months, with 87.2 million views,… Continue reading How an Obscure Green Bay Packers Site Conquered Facebook
China Aims Its Propaganda Firehose at the BBC
Chinese trolls and fake news websites have been attacking the BBC in a bid to undermine its credibility, new research published today claims. The online influence operation, which is being linked to the Chinese Communist Party (CCP), is seemingly a response to the BBC’s reporting on human rights abuses against Uyghur Muslims and state-backed misinformation… Continue reading China Aims Its Propaganda Firehose at the BBC
The T-Mobile Breach Is Much Worse Than It Had to Be
In an email overnight, T-Mobile shared details about the data breach it confirmed Monday afternoon. They’re not great. Assorted data from more than 48 million people was compromised, and while that’s less than the 100 million that the hacker had initially advertised, the vast majority of those affected turn out not to be current T-Mobile… Continue reading The T-Mobile Breach Is Much Worse Than It Had to Be