You’ve gathered all your paperwork and you’ve gone through all the TurboTax prompts (not to mention three cups of coffee). With one final click, here comes the moment you’ve been waiting for — the part that makes blowing a whole Saturday doing your taxes worth it: the official amount of your tax refund. Maybe it’s… Continue reading Loan money to family? Sure, if it’s Uncle Sam
Category: Tech News
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Ford Mustang Mach-E joins New York City’s yellow taxi fleet
The Ford Mustang Mach-E is hitting the streets of New York City as the latest electric vehicle to join the ranks of the city’s iconic yellow taxi fleet. The Mustang Mach-E, with its fresh coat of Rally Yellow paint and classic taxi iconography, is being operated by Gravity Technologies, a startup focused on EV fleets… Continue reading Ford Mustang Mach-E joins New York City’s yellow taxi fleet
Disabled passengers were promised autonomous vehicles — they’re still waiting
For years, people with disabilities have been promised that autonomous vehicles are right around the corner. Self-driving cars will open up new possibilities for people with vision, hearing, and mobility impairments. Help was on the way. But Haben Girma is tired of waiting. “People with disabilities stand to benefit the most from self-driving cars, but… Continue reading Disabled passengers were promised autonomous vehicles — they’re still waiting
NewQuest Capital set to gain $10m from TPG if Fund V surpasses $1.75b …
Asia Pacific secondaries investor NewQuest Capital Partners is set to receive a $10-million payout from its controlling shareholder TPG if it manages to raise $1.75 million or more for the NewQuest Fund V. US-based alternative asset manager TPG, which filed for a Nasdaq listing last week, said in its IPO prospectus that NewQuest will earn… Continue reading NewQuest Capital set to gain $10m from TPG if Fund V surpasses $1.75b …
Singapore’s OUE to acquire 17.2% stake in Lippo’s tech investment vehicle Multipolar
Singapore-based property developer and investor OUE’s wholly-owned subsidiary is acquiring about a 17.2% stake in Lippo Group’s tech investment vehicle PT Multipolar Tbk for Rp1 trillion ($70 million) in a bid to tap into the country’s rapidly growing digital economy. Lippo Karawaci CEO John Riady had, during a fireside chat at the Asia PE-VC Summit… Continue reading Singapore’s OUE to acquire 17.2% stake in Lippo’s tech investment vehicle Multipolar
Renewable energy-focused SPAC AP Acquisition prices $150m IPO in New York
AP Acquisition Corp, a SPAC with a focus on decarbonisation and the renewable energy sector, is looking to raise about $150 million in an initial public offering (IPO) on the New York Stock Exchange (NYSE), the company said in a statement. SPACs are blank cheque companies that raise capital solely to acquire private entities with… Continue reading Renewable energy-focused SPAC AP Acquisition prices $150m IPO in New York
Death of China’s tycoon Xie Zhikun triggers selling in firms he controlled
Shares of Chinese companies controlled by Zhongzhi Enterprise Group founder Xie Zhikun plunged on Monday, after the surprise death of the rags-to-riches tycoon triggered fears of disorder in a business empire spanning mining to asset management. All nine listed companies controlled by Xie, 61, including education firm Dalian My Gym Education Technology Co Ltd and Xinjiang Zhundong Petroleum Technology Co, tumbled in morning trade, even as they say… Continue reading Death of China’s tycoon Xie Zhikun triggers selling in firms he controlled
Tesla releases new Full Self-Driving Beta update (10.7) with improved phantom braking and efficiency
Tesla has started to release a new Full Self-Driving Beta software update (10.7) that improves the situation with “phantom braking” and even helps the FSD beta be more energy efficient. For more than a year now, Tesla has been slowly rolling out what it is calling “Full Self-Driving Beta” (FSD Beta), which is an early… Continue reading Tesla releases new Full Self-Driving Beta update (10.7) with improved phantom braking and efficiency
Sequoia China, 5Y Capital back Huobanyun and 25 more deal updates …
ResearchPremium Codeless data platform Huobanyun has garnered $40 million in its Series B+ round of financing from existing investors Sequoia Capital China and 5Y Capital, per a company statement on Monday. Trustbridge Partners, Belle International and Engage Capital also joined the round. Boutique investment bank 100Summit Partners facilitated the transaction. Sequoia China and 5Y Capital had… Continue reading Sequoia China, 5Y Capital back Huobanyun and 25 more deal updates …
Indian B2B startup Bizongo raises $110m in funding led by Tiger Global
Private equity-backed B2B e-commerce and supply chain enablement platform Bizongo has raised as much as $110 million in its Series D round led by New York-based Tiger Global Management. The round that saw the participation of both new and existing investors has pegged the valuation of the company at $600 million. While new investments have… Continue reading Indian B2B startup Bizongo raises $110m in funding led by Tiger Global