I’ll admit that rowing has never really been my jam. Aside from a handful of times I’ve used it during an Orangetheory class, it’s a sport I mostly associate with the Winklevoss twins. Still, I’ve seen and heard plenty of folks extoll the virtues of rowing as a highly efficient form of low-impact cardio and… Continue reading Hydrow Wave review: I can’t believe I love rowing now
Category: Tech News
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Tesla (TSLA) achieves best solar deployment in years, but solar roof is still at a crawl
Tesla has achieved its best solar deployment in the US residential solar market since back in 2017 after acquiring SolarCity, but its solar roof deployment is still at a crawl. While Tesla fans and shareholders often like to say that Tesla is not just an “automaker” but a tech company, or even an AI-company based… Continue reading Tesla (TSLA) achieves best solar deployment in years, but solar roof is still at a crawl
Chinese PE firm FountainVest raises $618m so far from US investors for Fund IVThe amount was raised from 14 US investors.
Chinese private equity (PE) firm FountainVest Partners has so far raised $617.9 million for its fourth fund, FountainVest Capital Partners Fund IV, shows its filing with the US Securities and Exchange Commission (SEC). The amount raised, which only shows the participation of US investors, involved 14 investors so far. In a separate filing, the firm… Continue reading Chinese PE firm FountainVest raises $618m so far from US investors for Fund IVThe amount was raised from 14 US investors.
Blackstone commits $400m to carbon offset commodity exchange Xpansiv
Alternative asset manager Blackstone has announced that funds managed by Blackstone Energy Partners have committed $400 million to lead a strategic investment in Xpansiv Limited, a global marketplace for ESG-inclusive commodities. Formed in 2019, Xpansive has exchanges in the US and Australia. Blackstone’s capital will enable Xpansiv to continue driving growth across both organic initiatives… Continue reading Blackstone commits $400m to carbon offset commodity exchange Xpansiv
ID Digest: Rey bags $4.2m from investors; East Ventures leads Kini’s seed round
Two Indonesian firms have raised seed funding this week as they look to expand their operations. While Insurtech firm Rey has secured funding from investors such as Taiwan-based Trans-Pacific Technology Fund (TPTF), Genesia Ventures and PT Reycom Document Solusi; earned wage access (EWA) platform Kini bagged funding from East Ventures and other investors. Rey bags… Continue reading ID Digest: Rey bags $4.2m from investors; East Ventures leads Kini’s seed round
28% of Americans still won’t consider buying an EV
More than a quarter of Americans say they would not buy an electric vehicle, according to a Consumer Reports survey released Thursday. Price, range and access to charging stations have remained as primary barriers to buying an EV. But Consumer Reports has identified a new factor: a lack of education around EVs. The survey of… Continue reading 28% of Americans still won’t consider buying an EV
North Korean hackers are using ransomware to attack healthcare providers, feds warn
State-sponsored North Korean hackers have been targeting healthcare providers since at least May 2021, according to the US government. The FBI, the Cybersecurity and Infrastructure Security Agency (CISA) and the Department of the Treasury have issued a joint advisory warning healthcare organizations about the attackers’ MO. Apparently, they’ve been using a ransomware called Maui to… Continue reading North Korean hackers are using ransomware to attack healthcare providers, feds warn
Crypto exchange Genesis discloses exposure to bankrupt Three Arrows CapitalGenesis is also pursuing all strategies to recover any potential loss
Digital asset exchange Genesis Trading said on Wednesday it had been exposed to Three Arrows Capital (3AC), but had mitigated its losses after the bankrupt crypto hedge fund failed to meet a margin call. Genesis Chief Executive Officer Michael Moro in a tweet said the firm’s parent company Digital Currency Group has assumed some of… Continue reading Crypto exchange Genesis discloses exposure to bankrupt Three Arrows CapitalGenesis is also pursuing all strategies to recover any potential loss
Japan’s pursuit of overseas acquisitions not impaired by yen’s drop
Japan’s pursuit of overseas acquisitions has not been impaired by the yen’s drop to 24-year lows, as suitors are intent on offseting grim domestic growth prospects and developing new revenue streams, investment bankers said. A 15% decline in the yen against the U.S. dollar this year will make purchases abroad more expensive for Japanese firms, yet bankers… Continue reading Japan’s pursuit of overseas acquisitions not impaired by yen’s drop
HSBC in talks to sell Russian lending business to Expobank
HSBC is in advanced talks to sell its Russian corporate lending business to Expobank, a source with knowledge of the matter told Reuters, as many major banks exit the country. Several of the world’s top financial services companies have moved to sell or dramatically reduce their business interests in Russia since it invaded Ukraine. Moscow’s invasion,… Continue reading HSBC in talks to sell Russian lending business to Expobank