Category: Tech News

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Jupiter’s Moons Accused of Sucking Up the Planet’s Rings

Talk about the vacuum of space! Left Out Have you ever wondered why Saturn has those giant, gorgeous rings, while the even larger Jupiter doesn’t? They’re both neighboring gas giants, so what’s the deal? You wouldn’t be the first, and scientists now think they know the answer. The lack of rings, according to a new… Continue reading Jupiter’s Moons Accused of Sucking Up the Planet’s Rings

Amazon employees in Illinois file federal complaint over workplace racism

On Wednesday, former Amazon employee Tori Davis and 25 other workers filed complaints with the Equal Employment Opportunity Commission (EEOC) alleging the company forced them to work in a dangerous environment, reports the Chicago Tribune. Davis raised concerns about Amazon’s handling of a racist death threat, and claims the retailer fired her after she threatened… Continue reading Amazon employees in Illinois file federal complaint over workplace racism

Nest cameras can now, at long last, livestream to Chromecast with Google TV

Google is finally allowing Nest users to watch footage from their doorbells and cameras on Chromecast. Starting this week, the company is rolling out an update to Chromecast with Google TV that allows the streaming stick to display footage from all Nest Cam and Doorbell devices, including the models Google updated last year. Once you… Continue reading Nest cameras can now, at long last, livestream to Chromecast with Google TV

Meta’s revenue shrank for the first time in its history

Facebook parent company Meta has just reported its earnings for the second quarter of 2022, and it was another quarter of shrinking profits. Total revenue of $28.8 billion was only down one percent compared to Q2 one year ago, but net income dropped 36 percent to $6.7 billion. Making almost $7 billion in profit is… Continue reading Meta’s revenue shrank for the first time in its history

FTC moves to block Meta’s purchase of ‘Supernatural’ VR workout app maker Within

The Federal Trade Commission has filed an antitrust suit against Meta in a bid to block it from buying Within Unlimited, the maker of the virtual reality workout app Supernatural. The agency accused the company and its CEO Mark Zuckerberg of “planning to expand Meta’s virtual reality empire with this attempt to illegally acquire a… Continue reading FTC moves to block Meta’s purchase of ‘Supernatural’ VR workout app maker Within

Google delays phaseout of third-party cookies from Chrome to 2024

Google is again delaying its plan to phase out third-party cookies in Chrome. For those keeping track, the company first unveiled its Privacy Sandbox initiative in 2019 and said implementation would begin in 2022. However, following scrutiny from the United Kingdom’s Competition and Markets Authority (CMA) and the US Department of Justice, Google delayed the… Continue reading Google delays phaseout of third-party cookies from Chrome to 2024

Gaw Capital set to lead SG property portal 99.co’s $50m plus roundThe real estate portal is looking to raise over $50m in this round

Hong Kong-headquartered real estate private equity firm Gaw Capital Partners is investing in Singapore-based property portal 99.co, DealStreetAsia has learnt. The property portal is learnt to be raising over $50 million in the round, and other investors are set to join, said a source aware of the developments. Go to Source

Indian startup fundraising falls for third straight quarter to $7.6b in Q2

Worries of a rapid global economic slowdown have cast a shadow on the Indian startup ecosystem. Private equity and venture capital funding in the country fell for a third consecutive quarter to $7.6 billion in Q2 2022, show data from DealStreetAsia DATA VANTAGE‘s latest report, India Deal Review: Q2 2022. The funding dropped almost 38%… Continue reading Indian startup fundraising falls for third straight quarter to $7.6b in Q2

UOB’s PE arm raises $39m so far for latest fund from US investors

UOB Venture Management, the private equity arm of Singapore-based bank UOB, has made another close of its latest vehicle that will invest in businesses in Southeast Asia and China, its filing with the US Securities and Exchange Commission showed. The PE firm said it raised $39 million so far for Asean China Investment Fund (US)… Continue reading UOB’s PE arm raises $39m so far for latest fund from US investors