New York Declares State of Emergency As Monkeypox Infections Increase

Image by Getty / Futurism New York Governor Kathy Hochul declared a state of emergency Friday as monkeypox infection rates rise. Hochul said it will run through August 28, and that she hopes to increase vaccine availability. “This executive order enables us to respond more swiftly, and allows health care professionals to take additional steps… Continue reading New York Declares State of Emergency As Monkeypox Infections Increase

Cellular service is coming to New York’s subway tunnels, but it’s going to take a while

Cellular service is coming to New York’s subway tunnels. This week, the Metropolitan Transportation Authority announced it was embarking on a 10-year project to wire all 418 miles of underground track underneath the city with wireless connectivity. Transit Wireless will build the necessary infrastructure and foot the resulting $600 million bill as part of an… Continue reading Cellular service is coming to New York’s subway tunnels, but it’s going to take a while

Debris from an out-of-control Chinese rocket fell over the Indian Ocean

After carrying the latest piece of the country’s Tiangong space station to orbit on July 24th, a Chinese Long March 5B rocket reentered Earth’s atmosphere on Saturday, creating a dazzling (albeit somewhat unsettling) display as it crashed down in the Indian Ocean. A Twitter user named Nazri Sulaiman captured a 27-second clip of the rocket’s… Continue reading Debris from an out-of-control Chinese rocket fell over the Indian Ocean

The LP View: Firms need a path to profitability even if it means slower growth, says Capria Ventures“Ho Chi Minh City is emerging as a major startup t…

Lured by the region’s growth potential, US-based fund-of-funds Capria Ventures says it will soon announce some direct investments in Southeast Asia. So far, Capria Ventures has been investing in Asia in partnership with local venture capital firms. Most recently, it invested in AVV Alpha, the debut fund of venture capital firm Ascend Vietnam Ventures, which… Continue reading The LP View: Firms need a path to profitability even if it means slower growth, says Capria Ventures“Ho Chi Minh City is emerging as a major startup t…

A new set of founders will emerge in Indonesia amid funding winter: Vertex Ventures

The next generation of Indonesian startup founders, who have honed the skills required to operate in the archipelago from their stints at top unicorns, will emerge in the country amid the ongoing global funding winter, said Joshua Agusta, a senior executive at Vertex Ventures Southeast Asia and India. Agusta, who joined as an executive director… Continue reading A new set of founders will emerge in Indonesia amid funding winter: Vertex Ventures

India mints only four unicorns in Q2 vs 15 in Q1 as funding declines

With a funding winter looming large on India’s startup ecosystem, a lot of companies that were earlier nearing the coveted ‘unicorn’ mark may now have to wait longer. Take the second quarter of this year for instance. Only a handful of four startups in India made it to the list, thereby achieving a valuation of… Continue reading India mints only four unicorns in Q2 vs 15 in Q1 as funding declines

Affirma Capital invests $38m in US digital content producer Terapin Studios

Singapore-based private equity firm Affirma Capital announced that it has pumped in a total of $38 million in US-headquartered digital content producer Terapin Studios. The investment was part of a $93-million co-investment made with Korean private equity firm NPX Private Equity, according to the announcement. Terapin Studios is engaged in the production of digital content… Continue reading Affirma Capital invests $38m in US digital content producer Terapin Studios

Bolt Mobility has vanished, leaving e-bikes, unanswered calls behind in several US cities

Bolt Mobility, the Miami-based micromobility startup co-founded by Olympic gold medalist Usain Bolt, appears to have vanished without a trace from several of its U.S. markets.  In some cases, the departure has been abrupt, leaving cities with abandoned equipment, unanswered calls and emails and lots of questions. Bolt has stopped operating in at least five… Continue reading Bolt Mobility has vanished, leaving e-bikes, unanswered calls behind in several US cities