Chinese e-commerce giant Alibaba wants to take advantage of softer Southeast Asian tech valuations by doubling down on its investments in the region, sources aware of the matter told DealStreetAsia. Several industry sources said Alibaba’s investment team has been on a “Southeast Asia tour” in the last 2-4 weeks, zipping across Indonesia, Vietnam and Singapore… Continue reading Alibaba said to be doubling down on Southeast Asia amid tech correctionIts investment team has been on a ‘Southeast Asia tour’ in the last 2-4 weeks
Category: Tech News
Category Added in a WPeMatico Campaign
Indian draft law proposes antitrust scrutiny for all M&A deals worth over $250m
India proposes mandating antitrust scrutiny for mergers and acquisitions valued above 20 billion rupees ($250 million), according to a draft law, a move lawyers said appeared aimed at global tech companies with substantial local business. The proposal is part of a larger overhaul of India‘s competition law in a bill set to be introduced in parliament on Friday.… Continue reading Indian draft law proposes antitrust scrutiny for all M&A deals worth over $250m
Oat milk brand OATSIDE secures $65.6m led by Temasek, GGV Capital
Singapore-based oat milk startup OATSIDE has secured S$90.5 million ($65.6 million) in a Series A funding round co-led by Temasek Holdings and GGV Capital, show regulatory filings accessed by DealStreetAsia. Temasek Holdings, which has been seeking out companies in the alternative proteins, artificial intelligence and deep tech space, invested some S$27.2 million in the company… Continue reading Oat milk brand OATSIDE secures $65.6m led by Temasek, GGV Capital
Tesla teases Optimus humanoid robot prototype with new image
Tesla has teased its Optimus humanoid robot prototype with a new image ahead of a full unveiling planned for September 30th. Earlier this year, CEO Elon Musk announced “Tesla AI Day #2” with “many cool updates” on August 19. The original “Tesla AI Day” held last year was an event focused on the company’s self-driving program.… Continue reading Tesla teases Optimus humanoid robot prototype with new image
Elon Musk teases new Tesla factory in Canada
Elon Musk has teased the announcement of a new Tesla factory location by the end of this year. The CEO hinted strongly that it could be in Canada. Over the last year, Musk has been talking about Tesla announcing a location for a new gigafactory. At Tesla’s annual shareholder’s meeting today, Musk again brought up… Continue reading Elon Musk teases new Tesla factory in Canada
GIC, Carlyle invest in green ammonia projects developer Eneus EnergyThe investment allows Eneus to develop green ammonia projects, starting with the U…
Singapore sovereign wealth fund GIC Pte and private equity major Carlyle Group Inc have made a strategic investment in Eneus Energy Limited, a green ammonia project development company based in the UK. Financial details of the investment were not disclosed. GIC said the deal will allow Eneus Energy to develop green ammonia projects made using… Continue reading GIC, Carlyle invest in green ammonia projects developer Eneus EnergyThe investment allows Eneus to develop green ammonia projects, starting with the U…
Vision Fund slide points to more pain for SoftBank’s Son
Sliding valuations in the listed portfolio of SoftBank Group Corp’s Vision Fund unit point to more pain for CEO Masayoshi Son when the group reports April-June earnings on Monday as investors go cool on the high-growth firms he favours. Vision Fund’s public portfolio first-quarter loss could top $10 billion, Redex Research analyst Kirk Boodry estimated,… Continue reading Vision Fund slide points to more pain for SoftBank’s Son
Clean Technica: 10 Years Since Model S Launch, Tesla Has Proven A Lot Of Critics Wrong002155
Tesla is holding its annual shareholder meeting today. Elon Musk likes to go through the history of the company during these annual shareholder meetings, so I expect a bit of that today, especially when you consider that the Model S was launched just over 10 years ago. We’re at a major historical milestone in the… Continue reading Clean Technica: 10 Years Since Model S Launch, Tesla Has Proven A Lot Of Critics Wrong002155
Cleantechnica: France’s Auto Sales Crash 37%, BEVs Still Growing 002154
France, Europe’s second largest auto market, saw plugin electric vehicle share of 18.6% in July, up from 15.9% year on year. BEVs almost doubled in share, whilst PHEVs lost share. Overall auto volumes were 107, 548 units, down a huge 37% from pre-2020 seasonal norms. July’s combined plugin result of 18.6% comprised 11.9% battery electrics… Continue reading Cleantechnica: France’s Auto Sales Crash 37%, BEVs Still Growing 002154
Cleantechnica: Greenpeace Ranking: 5 Major Electric Vehicle Companies Say No to Deep Sea Mining 002153
US Companies General Motors, Ford, and Tesla Lag Behind Global Peers Washington, DC — Greenpeace USA has unveiled its Race to the Top web application, which ranks eight major electric vehicle (EV) manufacturers on their public stance on deep sea mining. US automakers Ford, General Motors, and Tesla were at the bottom of the ranking,… Continue reading Cleantechnica: Greenpeace Ranking: 5 Major Electric Vehicle Companies Say No to Deep Sea Mining 002153