Image by Getty / Futurism Authorities in England are preparing for the grim possibility that thousands of people may die in this week’s upcoming heatwave. The Guardian reported Friday that temperatures could soar as high as 104 degrees Farenheit, or 40 degrees Celsius, on Tuesday. In response, the government sent out the nation’s first emergency… Continue reading English Officials Horrified by Heat Wave They Say Could Kill Thousands
Category: Tech News
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Best VPNs for iPhone in 2022
While iPhones are often associated with excellent security, configuring your device with the best VPN for iPhone both bumps up that security and enhances your privacy. VPNs encrypt your traffic to leave your ISP, hackers, and other snoops in the dark, which is especially useful if you access the internet from public WiFi. VPNs also… Continue reading Best VPNs for iPhone in 2022
Experts Concerned Texas Power Plants Will Start to Die Amid Heat Wave
“Things are going to break.” Burning Both Ends The power grid in Texas is not doing okay. Crypto mining rigs shut down earlier this week to prevent blackouts and price hikes, and now, experts are worried the state’s power plants won’t be able to keep up with energy demands. On Friday, Bloomberg reported that Texas… Continue reading Experts Concerned Texas Power Plants Will Start to Die Amid Heat Wave
Democratic lawmakers want federal regulators to track crypto mining energy use and emissions
Congressional Democrats are calling on the Environmental Protection Agency and Department of Energy to address the recent proliferation of cryptocurrency mining within the US. In a letter sent Friday (via The Guardian), Senator Elizabeth Warren and five other lawmakers said the two agencies should work together to require crypto mining firms to disclose their energy… Continue reading Democratic lawmakers want federal regulators to track crypto mining energy use and emissions
Polestar’s electric SUV will start at €75,000
Polestar won’t officially debut its next EV until this fall, but the company has shared initial pricing information. Earlier this week, Polestar CEO Thomas Ingenlath said the Polestar 3 would start at €75,000 and top out at around €110,000, reports Automotive News Europe (via Autoblog). With the current parity between the euro and dollar, the… Continue reading Polestar’s electric SUV will start at €75,000
Hong Kong’s AMTD Digital doubles on NYSE debut after raising $125m in IPOAMTD Digital is the second unicorn under AMTD Group to list on NYSE after AMT…
Hong Kong-based digital solutions provider AMTD Digital raised $124.8 million from its public debut on NYSE, commanding a market cap of $1.44 billion. The company said it offered 16 million American depositary shares (ADSs), which were priced at $7.8 apiece, above the midpoint of the previously disclosed price range. Every five ADSs represent two Class… Continue reading Hong Kong’s AMTD Digital doubles on NYSE debut after raising $125m in IPOAMTD Digital is the second unicorn under AMTD Group to list on NYSE after AMT…
[Update] China’s 01VC hits first close of USD Fund III at over $60m, targets $100m hard capThe Lalamove-backer is targeting a final close in the first…
Chinese venture capital firm 01VC has hit the first close of its third US dollar fund at over $60 million as it seeks to double down on investments in its focused areas like enterprise SaaS. The VC, which is targeting a hard cap of $100 million for the vehicle, is looking to achieve final close… Continue reading [Update] China’s 01VC hits first close of USD Fund III at over $60m, targets $100m hard capThe Lalamove-backer is targeting a final close in the first…
Australia’s Investible plans $200m growth fund, hits first close of climate tech vehicle
Australian early-stage investor Investible is planning to launch a $200-million, growth-stage fund later this year to back winners in its portfolio and to capture opportunities in the Series A-C stages, a top executive told DealStreetAsia. “We are in the process of developing our next fund, which will be a Global Opportunities Fund. The fund will… Continue reading Australia’s Investible plans $200m growth fund, hits first close of climate tech vehicle
Japan’s solar businesses eye SE Asian rooftops seeing demand for green energy
Japanese companies aim to install solar panels on rooftops in Southeast Asia, anticipating demand for stable green energy sources in a region that has long relied heavily on fossil fuels. Tokyo Electric Power Co. Holdings will set up solar panels generating about 3,800 kilowatts at an industrial park of a Thai company that makes hard-disk… Continue reading Japan’s solar businesses eye SE Asian rooftops seeing demand for green energy
India: Investors flock to launch debut vehicles amid funding slowdown
Even as the startup ecosystem in India is currently staring at a funding winter, as many as 14 investors have launched their maiden funds in the country, signaling their belief in the long-term growth story. According to data available with research firm Venture Intelligence, private equity (PE) and venture capital (VC) firms amassed a whopping… Continue reading India: Investors flock to launch debut vehicles amid funding slowdown