Apple’s vice president of people and retail Deirdre O’Brien tried to dissuade the company’s employees from joining a union in an internal video leaked to several media outlets. In the video — which was sent to all of Apple’s 65,000 retail employees in the US — O’Brien tells workers that a union would slow down… Continue reading Apple VP tries to persuade employees against unionizing in leaked video
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Twitter is working toward ‘closing the transaction process’ with Elon Musk
If attendees at Twitter’s annual shareholder meeting were hoping to clear up confusion surrounding Elon Musk’s acquisition of the company, they likely left disappointed. Despite numerous questions about the future of Twitter, the company’s executives had little to say about Musk, who did not attend the meeting. “We’re working through the transaction process,” CEO Parag… Continue reading Twitter is working toward ‘closing the transaction process’ with Elon Musk
India startup funding dips sequentially to $12b in Q1 as investors turn a tad cautious …
Fundraising fell consecutively for the second quarter as Indian startups pocketed $12 billion across 517 private equity (PE) and venture capital (VC) transactions in the first quarter of 2022 compared with $13.7 billion in Q4 2021, showed data from DealStreetAsia DATA VANTAGE‘s latest report, India Deal Review: Q1 2022. This is a dip of about… Continue reading India startup funding dips sequentially to $12b in Q1 as investors turn a tad cautious …
Singapore early-stage VC 1982 Ventures closes debut fund at $20m
1982 Ventures, a Singapore-based, early-stage venture capital firm that invests in fintech startups across Southeast Asia, Pakistan, and Bangladesh, has announced the close of its maiden fund at $20 million, against its original target of $15 million. It has also received commitments worth $5 million for its Fund II expected to be announced soon, a… Continue reading Singapore early-stage VC 1982 Ventures closes debut fund at $20m
Taiwanese insurer Fubon Life commits $50m to Dyal Capital’s latest fund
Taiwan’s Fubon Life Insurance has committed $50 million to the latest fund of Dyal Capital Partners, a division of US-based alternative asset manager Blue Owl Capital, according to the insurance company’s regulatory filing. The commitment is for Dyal V Offshore Investors, an investment fund launched by Dyal Capital in November 2020. According to the investment… Continue reading Taiwanese insurer Fubon Life commits $50m to Dyal Capital’s latest fund
Singapore’s NGC Ventures raises $100m for third blockchain fund
NGC Ventures, a crypto-focused venture capital firm founded in 2017, announced the final close of its third blockchain fund, NGC Metaverse Ventures, with committed capital of $100 million. The new blockchain fund, which received support from investors such as Babel Finance, Altonomy, Huobi Ventures, Nexo Ventures, and GBIC, will back early-stage Web 3 projects, according… Continue reading Singapore’s NGC Ventures raises $100m for third blockchain fund
Lucid recalls all of its 2022 Air EVs due to wiring issues
Despite already struggling to meet production targets, luxury EV maker Lucid has now issued a recall for the Air due to potential issues stemming from the car’s wiring harness. In a recent notice posted on the NHTSA website spotted by Lucid Insiders, a summary for the recall says unsecured wires on 2022 Air vehicles could… Continue reading Lucid recalls all of its 2022 Air EVs due to wiring issues
Hydrow review: An immersive rowing machine experience that builds muscle fast
In my teens, I ran track as a short distance sprinter and played football. When I decided to go to a US service academy for college, I added long-distance running. I then played college football, and rugby until I was 41. Throughout all of those years, running was the primary fitness activity that also offered… Continue reading Hydrow review: An immersive rowing machine experience that builds muscle fast
Tesla is preparing to enter Thailand market with its EVs, batteries, and solar
Tesla has filed to enter Thailand as its latest market expansion. Interestingly, it plans to sell not only its electric vehicles but also its batteries and solar products. It has been a little while since Tesla has expanded into a brand new market. The company was trying hard to enter the Indian market for years,… Continue reading Tesla is preparing to enter Thailand market with its EVs, batteries, and solar
Elon Musk will put up $6 billion to drop Tesla loans from his Twitter deal
After a brutal month for Tesla stock, Elon Musk will no longer fund his Twitter buyout by borrowing against his Tesla ownership stake. In a filing with the Securities and Exchange Commission, Musk announced the expiration of a series of margin loans against Tesla stock, which had been included as part of his original financing… Continue reading Elon Musk will put up $6 billion to drop Tesla loans from his Twitter deal