Twitter Inc. on Monday accused Elon Musk of trying to “slow walk” the company’s lawsuit to hold him to his $44 billion takeover and urged a September trial to ensure deal financing remains in place, according to a court filing. “Millions of Twitter shares trade daily under a cloud of Musk-created doubt,” the company wrote. “No… Continue reading Twitter accuses Musk of ‘slow-walking’ trial over cancelling $44b dealThe company said it could take months of additional litigation to close the debt…
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Singapore’s Circulate Capital raises $53m so far for latest PE fund
Circulate Capital, a Singapore-based venture capital firm, has so far raised $53 million for its latest private equity fund, its filing with the US Securities and Exchange Commission (SEC) showed. The fund, Circulate Capital Funds VCC, has already received commitments from 38 investors since it started accepting investments in May 2021. Circulate Capital did not… Continue reading Singapore’s Circulate Capital raises $53m so far for latest PE fund
With promise of ‘instant gratification’, India’s ultrafast delivery apps race for market share
It’s around 4.45 p.m. on a balmy Friday afternoon in Bengaluru and I’m sat at home glancing at the clock on my bookshelf in nervous expectation. The seconds tick by. Moments later, the chiming of my phone breaks the silence. It’s a notification from one of India’s myriad “quick commerce” delivery startups telling me a… Continue reading With promise of ‘instant gratification’, India’s ultrafast delivery apps race for market share
South Korean e-scooter company Gbike acquires Hyundai Motor’s micromobility platform ZET
Gbike, a South Korea-based micromobility Gcooter operator, is acquiring Hyundai Motor’s shared micromobility sharing platform ZET as it wants to increase its market share and create technological synergies via ZET’s fleet management system. Gbike CEO Walter Yoon told TechCrunch that the deal, which is its first acquisition, will be completed in early August. The financial terms of… Continue reading South Korean e-scooter company Gbike acquires Hyundai Motor’s micromobility platform ZET
NHTSA investigates another Tesla crash involving death of motorcyclist
The National Highway Traffic Safety Administration is opening yet another special investigation into a Tesla vehicle crash, according to documents viewed by TechCrunch. This time it involves the crash of a 2021 Tesla Model Y that killed a motorcyclist in California earlier this month. Reuters was the first to report the special investigation. This is… Continue reading NHTSA investigates another Tesla crash involving death of motorcyclist
Unity CEO apologizes for calling some game developers ‘fucking idiots’
Unity CEO John Riccitiello has apologized for calling some game developers “some of the biggest fucking idiots” in an interview and has vowed that he will “do better.” This is a saga that has been playing out over several days, so let’s take a few steps back. On July 13th, Unity, which makes a popular… Continue reading Unity CEO apologizes for calling some game developers ‘fucking idiots’
Uber to pay millions for overcharging people with disabilities
Uber has agreed to settle a lawsuit alleging that the ride-hail company violated the Americans with Disabilities Act (ADA) by overcharging riders with disabilities. The company will offer several million dollars in compensation to more than 65,000 Uber users who were “charged discriminatory fees due to disability,” according to a statement from the United States… Continue reading Uber to pay millions for overcharging people with disabilities
Get the solar generator that delivers seven hours of power on a single charge
StackCommerce The following content is brought to you by ZDNet partners. If you buy a product featured here, we may earn an affiliate commission or other compensation. There are all manner of reasons you might find yourself without power in your home. Unusually bad weather could do it, brownouts could turn into blackouts, and even… Continue reading Get the solar generator that delivers seven hours of power on a single charge
The 5 best credit cards to pay bills in 2022
Card Highlights Intro BonusN/A APRN/A Recommended CreditNo Credit History Reward Rates 5% cash back on your first $2,000 in combined eligible purchases each quarter in two categories you choose 5% cash back on prepaid air, hotel and car reservations booked directly in the Rewards Travel Center 2% cash back on eligible purchases in your choice… Continue reading The 5 best credit cards to pay bills in 2022
A 5-minute EV charging startup raises $59 million
A Cambridge University professor’s ultrafast EV battery startup has raised $59 million in Series B funding. Nyobolt aims to develop a battery that can achieve 5-minute EV charging time. EV charging in 5 minutes Goslar, Germany-based H.C. Starck Tungsten Powders (HSC), a wholly owned subsidiary of Hanoi-headquartered Masan High-Tech Materials, the largest manufacturer of mid-stream… Continue reading A 5-minute EV charging startup raises $59 million