New York-based investment firm Tiger Global Management has already raised a little over $1.5 billion for a new crossover fund, its latest filing with the US Securities and Exchange Commission (SEC) showed. The filing did not specify how much Tiger Global aims to raise for the crossover fund – an investment vehicle that invests in… Continue reading Tiger Global raises $1.5b so far for latest crossover fund
Category: Tech News
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China’s Qiming Venture Partners secures total of $3.2b for latest funds
Chinese venture capital firm Qiming Venture Partners has secured $3.2 billion in capital commitments from the close of its latest funds, according to its statement on July 11. Qiming closed its USD Fund VIII at $2.5 billion while it hit the first close of its RMB Fund VII at RMB 4.7 billion ($700 million). With… Continue reading China’s Qiming Venture Partners secures total of $3.2b for latest funds
Behind TaniHub’s management overhaul, rising NPLs and focus on B2B
Indonesian agritech startup TaniHub Group is set to announce new leadership and strategy as it seeks to correct its course after suffering headwinds in the wake of the pandemic, DealStreetAsia has learnt. TaniHub made headlines in February for closing two warehouses in Bandung and Bali and laying off some of its employees. The company also… Continue reading Behind TaniHub’s management overhaul, rising NPLs and focus on B2B
Micromobility is fun, but perhaps that’s all it’ll ever be
It is worth beginning with a note that I am terribly risk averse, and therefore … not a ton of fun. When Ford micromobility subsidiary Spin first launched a fleet of electric scooters in my hometown of Pittsburgh last summer, my immediate instinct was very old-man-yells-at-cloud. Youths took over the streets and sidewalks, racing around downtown… Continue reading Micromobility is fun, but perhaps that’s all it’ll ever be
As hiring freezes and layoffs hit, is the bubble about to burst for tech workers?
Image: Getty Tech and IT workers have been reaping the benefits of a candidate-driven jobs market in recent months, with the demand for digital talent creating a seemingly limitless number of career opportunities for seasoned software professionals. But brewing beneath the surface are signs that the party could be coming to an end. As business… Continue reading As hiring freezes and layoffs hit, is the bubble about to burst for tech workers?
Donald Trump Is Absolutely Furious That Elon Musk Lied to Him
“He told me he voted for me.” Broken Bromance It sounds like former President Donald Trump isn’t a fan of Tesla CEO Elon Musk anymore. Although the Republican leader said he accurately predicted that Musk’s giant deal to buy Twitter would fall through, he was taken by surprise to learn Musk didn’t vote for him… Continue reading Donald Trump Is Absolutely Furious That Elon Musk Lied to Him
Uber leaks reveal how it spread ‘fucking illegal’ ride-sharing globally
A trove of internal Uber documents leaked to The Guardian and shared with the International Consortium of Investigative Journalists (ICIJ), as well as dozens of other news outlets, outlines its strategies for global expansion — even if the company had to bend some rules. The leak, collectively dubbed the Uber Files, consists of over 124,000… Continue reading Uber leaks reveal how it spread ‘fucking illegal’ ride-sharing globally
The Best Noise-Canceling Headphones to Escape Reality
Shaking off the world and sinking into a new album can feel like a train ride through the countryside … unless you’re sharing that seat with two young toddlers. Or your neighbor’s dog is constantly barking. Come to think of it, there are a lot of sounds that can ruin a good song in the… Continue reading The Best Noise-Canceling Headphones to Escape Reality
The Brain Has a ‘Low-Power Mode’ That Blunts Our Senses
Since leptin is released by fat cells, scientists believe its presence in the blood is likely to signal to the brain that the animal is in an environment where food is ample and there’s no need to conserve energy. The new work suggests that low levels of leptin alert the brain to the malnourished state… Continue reading The Brain Has a ‘Low-Power Mode’ That Blunts Our Senses
Hitman 3’s free Ambrose Island DLC arrives on July 26th
Ambrose Island, Hitman 3’s first new level since release, will arrive on July 26th. IO Interactive detailed the DLC on Friday when it published the game’s latest monthly roadmap. The studio promised to share more information about the new locale closer to release but on Friday IO said Ambrose Island would introduce new challenges for… Continue reading Hitman 3’s free Ambrose Island DLC arrives on July 26th