‘Layers of Fears’ from Bloober Team hits PC and consoles in 2023

Bloober Team is returning to its roots with Layers of Fears, a “psychological horror chronicle” heading to PlayStation 5, Xbox Series X and S, and PC in early 2023. The game is a new story chapter in the Layers of Fear universe, building on the spooky psychedelic foundation laid out in the previous installments. [embedded… Continue reading ‘Layers of Fears’ from Bloober Team hits PC and consoles in 2023

Mid-market fund managers eye the jackpot in Vietnam, but it won’t be a cakewalk

Over the past few years, Vietnam has turned into a hot destination for mid-market fund managers looking to strike gold. Several international general partners (GPs) have set their sights on one of Southeast Asia’s fastest-growing economies, launching dedicated funds for the country. However, not everyone has had a soft landing. Most recently, BDA Capital Partners,… Continue reading Mid-market fund managers eye the jackpot in Vietnam, but it won’t be a cakewalk

There could be a correction in company valuations in India: True North

As macroeconomic headwinds threaten to derail the deal-making momentum in the short-to-medium term in India, there could be a correction in company valuations going forward. “The global economy is under pressure from geopolitics and macroeconomic policies-led inflation and consequent corrective actions in the form of increasing interest rates,” Satish Chander, partner at True North, one… Continue reading There could be a correction in company valuations in India: True North

Chip shortage fans interest in semiconductor equipment firm’s $540m IPO

Semiconductor equipment manufacturer Hwatsing Technology Co. Ltd. booked a blistering Shanghai STAR Market IPO debut on Wednesday amid a Covid-induced global shortage of microchips. The Tianjin-based firm’s shares surged 72% in early trading but gave back some of those gains over the course of the day to close up 64% at 224.1 yuan ($33.5), valuing Hwatsing… Continue reading Chip shortage fans interest in semiconductor equipment firm’s $540m IPO

EV SPAC Faraday Future now has the attention of the DOJ

Amid an investigation by the Securities and Exchange Commission into inaccurate statements to investors, Faraday Future has received a preliminary request for information from the U.S. Department of Justice. The DOJ’s request for information is related to the SEC probe, according to a securities filing submitted by the electric vehicle startup Thursday. Faraday said it’s… Continue reading EV SPAC Faraday Future now has the attention of the DOJ

Jaguar Land Rover rolls out what3words geocoding tech to vehicles already on the road

Jaguar Land Rover is the latest automaker to integrate geocoding company what3words into its cars and SUVs. JLR said Thursday that it will incorporate both its new and used vehicles with the voice-activated what3words system, which divides the world into a grid to give each 100-square-foot area an address of three random words. The rollout… Continue reading Jaguar Land Rover rolls out what3words geocoding tech to vehicles already on the road

US safety regulators expand Tesla Autopilot investigation

U.S. federal safety regulators have “upgraded” its investigation into Tesla’s Autopilot advanced driver assistance system after discovering new incidents of the EVs crashing into parked first-responder vehicles. The National Highway Traffic Safety Administration said in a notice Thursday that it was expanding its preliminary evaluation of Tesla Autopilot systems to an engineering analysis. This means… Continue reading US safety regulators expand Tesla Autopilot investigation

Tesla workers ask Elon Musk what to do with Twitter drama – the CEO says ‘ignore’

At a company-wide meeting yesterday, Tesla employees asked Elon Musk what to do with the Twitter drama around his attempt to acquire the social media platform. The CEO says “ignore” it. Elon Musk’s attempt to buy Twitter and take it private doesn’t have much to do with Tesla at first glance, but it has been… Continue reading Tesla workers ask Elon Musk what to do with Twitter drama – the CEO says ‘ignore’

Tesla Autopilot is threatened by NHTSA as investigation gets closer to recall

NHTSA announced today that its investigation into Tesla Autopilot has been upgraded to a step closer to a possible recall. Last year, the US National Highway Traffic Safety Administration (NHTSA) announced that it is launching an investigation into Tesla Autopilot after identifying 11 crashes involving first responder vehicles. Today, NHTSA announced that it is upgrading… Continue reading Tesla Autopilot is threatened by NHTSA as investigation gets closer to recall

Tesla wants to ‘revolutionize’ service with bigger centers and more specialization

Tesla is launching an effort to ‘revolutionize’ service and aiming to be 10 times better than the competition. CEO Elon Musk elaborates on the effort during a company-wide meeting. Earlier this week, we reported on Musk’s announcement that Tesla is working on service in North America and how Telsa is aiming to make the majority… Continue reading Tesla wants to ‘revolutionize’ service with bigger centers and more specialization