DNC wants influencers to make their midterm message go viral

With less than 100 days until the midterm elections, the Democrats are equipping influencers and TikTok creators with digital tools to reach voters across the internet with party-sponsored content. In the run-up to election season, the Democratic National Committee (DNC) built an online organizing hub to drive the party’s messaging beyond its own social channels.… Continue reading DNC wants influencers to make their midterm message go viral

China watchdog investigates three more execs linked to state-backed chip fundThe execs are suspected of committing serious violations of discipline an…

China’s corruption watchdog said on Tuesday regulators were investigating three former and current executives linked to a firm that manages the country’s largest state-backed chip investment fund, widening a probe that has rattled the sector. Du Yang, a former director of investment firm Sino IC Capital and Yang Zhengfan, a current deputy manager, are suspected… Continue reading China watchdog investigates three more execs linked to state-backed chip fundThe execs are suspected of committing serious violations of discipline an…

Weave Capital launches $75m fund as investors bet big on early-stage startups

The venture arm of SPVH Group, Weave Capital, on Tuesday said it has launched a $75-million fund to invest in early-stage startups. Aiming for its first close at $20 million, Weave Capital said it will participate and lead investments in startups intending to raise funding between Seed+ stages to Series B capital between $1 million… Continue reading Weave Capital launches $75m fund as investors bet big on early-stage startups

Ford is almost ready to take new F-150 Lightning orders — with a $7,000 price hike

Nearly nine months after it stopped taking reservations, Ford is ready to reopen the order banks for the F-150 Lightning. But buyers beware: the price for the electric truck has gone up by around $7,000 across all trim levels. Ford is citing “significant material cost increases and other factors” as the primary reason for raising… Continue reading Ford is almost ready to take new F-150 Lightning orders — with a $7,000 price hike

South Korean car-sharing startup Socar prices IPO below bottom end of rangeThe company is looking to raise $78.08m from the IPO.

South Korean car-sharing platform Socar Inc said on Tuesday it expected to raise 102 billion won ($78.08 million) in its planned initial public offering (IPO). Socar priced its IPO at 28,000 won per share, below the bottom end of an indicative price range, the company said in a regulatory filing. The company added that it… Continue reading South Korean car-sharing startup Socar prices IPO below bottom end of rangeThe company is looking to raise $78.08m from the IPO.

Funding Societies Singapore appoints country head Simon Xie as CEO

Funding Societies Pte Ltd. has appointed Singapore country head Simon Xie as the new CEO of its entity in the city-state, according to regulatory filings accessed by DealStreetAsia. The online lending platform’s co-founder Kelvin Teo, who was also CEO of Funding Societies Singapore until last week, will continue to serve as Group CEO, he told… Continue reading Funding Societies Singapore appoints country head Simon Xie as CEO

The iconic Meyers Manx dune buggy makes its return as an EV

The Meyers Manx, the iconic 50-year-old dune buggy that’s been copied thousands of times, is officially making its return in 2023. But this time around, it’s electric. The Meyers Manx 2.0, which debuted Monday at an event in Malibu, will launch thanks to venture capitalist Phillip Sarofim and famed automotive designer Freeman Thomas, say they… Continue reading The iconic Meyers Manx dune buggy makes its return as an EV

Intel introduces Arc Pro GPUs for workstations

When Intel introduced the Arc branding last year for its high-performance consumer graphics products, it demonstrated what the line’s GPUs can do using video games. The company’s latest Arc GPUs, however, aren’t for gaming at all: They were designed for desktop and mobile workstations running apps like Adobe Premiere Pro, Handbrake and DaVinci Resolve Studio.… Continue reading Intel introduces Arc Pro GPUs for workstations

Snapchat Family Center shows parents their children’s friends list

Snapchat has launched a parental control portal that allows parents to keep an eye on who their young teenagers have been chatting with. The new in-app feature called Family Center shows parents their kids’ friends list, as well as who they’ve messaged in the last seven days. Take note that parents can only see who… Continue reading Snapchat Family Center shows parents their children’s friends list

Indonesian logistics startup Paxel raises $23m in Series C funding led by AstraThe other investors include CCV, MDI Ventures, SIG, Endeavour Catalyst,…

Indonesian logistics startup Paxel announced it has received $23 million in Series C funding, led by PT Astra Digital Internasional, the venture builder arm of local conglomerate Astra. Other investors include Central Capital Ventura (CCV), MDI Ventures, SIG, Endeavour Catalyst, FJ Labs and PT Amsaka Investama Sejahtera. The announcement confirmed DealStreetAsia’s earlier report based on… Continue reading Indonesian logistics startup Paxel raises $23m in Series C funding led by AstraThe other investors include CCV, MDI Ventures, SIG, Endeavour Catalyst,…