If college is the first time you’re living on your own, you’re going to need some gear to help you get your work done and have fun at the same time. Our back-to-school essentials for college students are based on our personal experience with dorm-friendly gear, in addition to input from current college students who… Continue reading Essential Back-to-School Gear for College Students
Category: Tech News
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Sergey Brin and Elon Musk are Silicon Valley frenemies
I’m sorry for what I’m about to do here, but let’s talk about some divorced men. I think Sergey Brin is attempting to smear his ex-wife, and I think he’s using his history with Elon Musk to do it. Musk allegedly had an affair with Brin’s wife, leading to their divorce. (ALLEGEDLY.) Then, at a… Continue reading Sergey Brin and Elon Musk are Silicon Valley frenemies
Elon Musk sees inflation potentially trending down based on Tesla commodity prices
Elon Musk noted that he believes inflation might finally be trending down based on Tesla commodity prices. The CEO has previously said that he would be waiting for that to start reducing the prices of Tesla vehicles. Over the last few years, the inflation rate has been hitting record highs that we haven’t seen in… Continue reading Elon Musk sees inflation potentially trending down based on Tesla commodity prices
Cybersecurity unicorn Acronis raises another $250m at $3.5b valuationOne of the investors is US investment manager BlackRock
Singapore- and Switzerland-headquartered cybersecurity firm Acronis has raised a $250-million Series E round from institutional investors at a valuation of $3.5 billion, a spokesperson confirmed to DealStreetAsia. Bloomberg first reported the news, saying one of the investors was US investment manager BlackRock. Acronis’ last funding round was a $250-million investment by CVC Capital Partners and… Continue reading Cybersecurity unicorn Acronis raises another $250m at $3.5b valuationOne of the investors is US investment manager BlackRock
Indian ride-hailing major Ola to slash 1,000 jobs as it sharpens EV focus
SoftBank-backed ride-hailing major Ola is set to slash about 1,000 jobs as it looks to ramp up hiring for its electric mobility business, Ola Electric, The Economic Times reported on Friday. While the company had initially planned to lay off about 400-500 employees, the final figure could go up to 1,000. According to the report,… Continue reading Indian ride-hailing major Ola to slash 1,000 jobs as it sharpens EV focus
JD-backed GigaCloud Technology trims US IPO target to $28mThe company is offering 2.5 million shares instead of 3.5 million, at $10.25 to $12.25 apiec…
GigaCloud Technology, the Hong Kong-based operator of a cross-border B2B marketplace for large parcel merchandise, has trimmed the target size for its upcoming initial public offering (IPO) in the US to about $28 million, its latest filing showed. The company, which is backed by Chinese e-commerce conglomerate JD.com, had originally filed to offer 3.5 million… Continue reading JD-backed GigaCloud Technology trims US IPO target to $28mThe company is offering 2.5 million shares instead of 3.5 million, at $10.25 to $12.25 apiec…
Google blocks Krafton’s battle-royale game BGMI in India after govt orders
Alphabet Inc’s Google blocked access on Thursday to a popular battle-royale format game from South Korean developer Krafton, citing an order from the Indian government. Krafton shares slumped more than 9% on the news on Friday, quickly paring losses to trade down 5.7%. In a statement, the U.S. technology giant said India had ordered that the Battlegrounds Mobile India (BGMI) game be… Continue reading Google blocks Krafton’s battle-royale game BGMI in India after govt orders
Pay and perks slashed for investment bankers amid China’s ‘common prosperity’ drive
China’s well-heeled financial dealmakers are getting a crash course in austerity with pay cuts and perks reined in, as their state-owned employers respond to Beijing’s “common prosperity” drive, eight people with knowledge of the matter said. State-owned investment banks including China International Capital Corp (CICC) and Citic Securities have implemented pay cuts this year as well… Continue reading Pay and perks slashed for investment bankers amid China’s ‘common prosperity’ drive
Cleantechnica: China Electric Car Market — 28% Share Of Auto Sales In June!002135
Plugin vehicles continue to be all the rage in the Chinese auto market. Plugins got back into the fast lane, growing 132% year over year (YoY). They scored over 565,000 registrations in June, a new record. Plugin hybrids (PHEVs) surged 179% year over year (YoY). They reached a record 124,000 registrations in June. Their growth… Continue reading Cleantechnica: China Electric Car Market — 28% Share Of Auto Sales In June!002135
Martin Shkreli’s Crypto Startup Under Investigation by Two Separate Attorneys General
Image by Getty Images / Drew Angerer Many of the world’s most rascally rascals will sometimes make the smallest attempts to stay out of trouble, but not Martin Shkreli. The notorious “pharma bro,” who rose to prominence for jacking the price of a life-saving medication sky high, has officially gotten himself embroiled in two new investigations… Continue reading Martin Shkreli’s Crypto Startup Under Investigation by Two Separate Attorneys General