LG has given us a glimpse of the audio products it’s showcasing at next year’s CES, specifically the lineup’s crown jewel: A premium soundbar, which the company claims has the “world’s first center up-firing speaker.” The LG S95QR soundbar has an 810W output and 9.1.5 channels of surround sound. That’s five up-firing channels, three of… Continue reading LG soundbar with a center up-firing speaker will lead its CES audio lineup
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Short-seller Muddy Waters takes aim at Chinese broking firm KE Holdings …
U.S. short-selling firm Muddy Waters said on Thursday it had acquired a short position in KE Holdings Inc, the biggest housing brokers in China, pushing its shares down as much as 10.9% premarket. KE’s stocks most of the earlier losses and were down about 2% in morning trading. The short seller questioned the value of the company’s… Continue reading Short-seller Muddy Waters takes aim at Chinese broking firm KE Holdings …
Beijing’s proposed rules to revive China’s IPO prospects in 2022, bankers say
Greater China’s flagging initial public offerings (IPOs) are set to get a fillip in 2022 from the expected unveiling of new rules by Beijing for Chinese firms’ offshore listings, giving clarity to jittery investors, investment bankers and analysts said. Regulators are contemplating new rules scrutinising offshore listing plans of Chinese companies with variable interest entity (VIE) structure,… Continue reading Beijing’s proposed rules to revive China’s IPO prospects in 2022, bankers say
China to amend laws to allow gig economy workers to form unions
China plans to amend laws to allow ride-hailing drivers and food delivery workers to form unions, state media reported on Friday. China will review the amendment on its trade union law starting December and plans to add rules to expand the type of organisations and work for which unions can be formed, the spokesperson for… Continue reading China to amend laws to allow gig economy workers to form unions
Alibaba sets GMV target of $100b for its SE Asian marketplace Lazada
Chinese e-commerce giant Alibaba has set a target for gross merchandise volume of $100 billion in gross merchandise volume (GMV), the total sum of purchasing transactions, for its Southeast Asian marketplace Lazada. The goal, which was shared with investors on Thursday and later in a public online presentation, ups the ante for the company, which entered the… Continue reading Alibaba sets GMV target of $100b for its SE Asian marketplace Lazada
Elementary Raises $30M in Series B Funding
Elementary, a Los Angeles, CA-based startup that has built an AI machine vision platform for quality and inspection in manufacturing, closed a $30M Series B funding. The round was led by Tiger Global with participation from existing investors Threshold Ventures, Fika Ventures, Fathom Capital, Riot VC, and Toyota Ventures. The company intends to use the funds to scale… Continue reading Elementary Raises $30M in Series B Funding
Scientists Discover Hellish Bug With 1300 Creepy Little Legs
Creepy Crawler Until now, a “true” millipede had never been found. But a newly-discovered insect not only meets the proper criteria, but also looks like it originated from the bowels of hell. A study published in the journal Scientific Reports introduces the world to Eumillipes persephone, an eyeless wonder who boasts a whopping 1,306 legs… Continue reading Scientists Discover Hellish Bug With 1300 Creepy Little Legs
Study Finds That Trans Youth Who Get Gender-Affirming Hormones Are Less Depressed
Image by Getty Images Content warning: This article contains references to suicide. You can click here for a list of resources from the Suicide Prevention Resource Center. New research suggests that gender-affirming hormone therapy (GAHT) is directly connected to lower rates of depression and suicide attempts in transgender youths. The study, published in the Journal of Adolescent… Continue reading Study Finds That Trans Youth Who Get Gender-Affirming Hormones Are Less Depressed
Meta Ousts 7 Surveillance-for-Hire Operations From Its Platforms
For years, surveillance-for-hire companies have quietly used Facebook, Instagram, and WhatsApp as springboards to target people in more than 100 countries. Today, Meta removed seven of them from its platforms, and is notifying more than 50,000 people that they may have been impacted by the activity. Meta says that many are journalists, human rights activists,… Continue reading Meta Ousts 7 Surveillance-for-Hire Operations From Its Platforms
The Next Wave of Log4J Attacks Will Be Brutal
A week ago, the internet experienced a seismic event. Thanks to a vulnerability in Log4j, a popular open source library, multitudes of servers around the world were suddenly exposed to relatively simple attacks. The first wave of hacking is well underway. But it’s what comes next that should worry you. So far, the vanguard of… Continue reading The Next Wave of Log4J Attacks Will Be Brutal