The final close of the fund was made earlier this year, said P.R. Srinivasan, Xponentia Capital’s designated partner. Xponentia Capital had not officially disclosed its target corpus, people familiar with the development had told VCCircle in 2018 that the private equity firm had planned to raise more than ₹1,000 crore. The private equity firm could not raise more… Continue reading India: Xponentia Capital marks final close of its first fund
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The iPhone 13’s rumored satellite link sounds like it’s just for emergencies
Apple plans to let you connect your iPhone to satellites so you can contact emergency services in areas that don’t have cellular coverage, according to a new Bloomberg report. Bloomberg’s article was published after Apple analyst Ming-Chi Kuo said Sunday that the iPhone 13 may be able to make satellite calls. Kuo often reveals details… Continue reading The iPhone 13’s rumored satellite link sounds like it’s just for emergencies
Elon Musk’s Loop gets Autopilot — and an intruder
Less than two weeks after its official launch, The Boring Company’s Loop system in Las Vegas had its first security breach. On June 21, the morning of the final day of the International Beauty Show, an “unauthorized vehicle” joined the system’s fleet of Tesla taxis underground, emails between the Loop’s operations manager and a Clark… Continue reading Elon Musk’s Loop gets Autopilot — and an intruder
Prive has raised $1.7 million to build a more configurable e-commerce subscription platform
Prive, a months-old, San Francisco-based startup founded by two former Uber product managers, just raised $1.7 million in pre-seed funding to create what it describes as a far more customizable e-commerce subscriptions platform for D2C brands. The round was co-led by Patrick Chung and Brandon Farwell at XFund and Ben Ling from Bling Capital, with… Continue reading Prive has raised $1.7 million to build a more configurable e-commerce subscription platform
Toyota resumes self-driving operations at Paralympic Games; CEO remains skeptical of autonomous progress
Toyota Motor Corporation has resumed operations of its self-driving e-Palette pods at the 2020 Paralympic Games in Tokyo after a halt last Thursday following a collision with a visually impaired athlete. Working alongside the Paralympic Committee, Toyota will make several safety improvements, both inside and out of its vehicles. Toyota self-drove itself into a PR… Continue reading Toyota resumes self-driving operations at Paralympic Games; CEO remains skeptical of autonomous progress
SVOLT unveils cobalt-free battery, claiming first company to reach ‘series production’
Battery systems manufacturer SVOLT has unveiled a cobalt-free battery pack at the Chengdu Motor Show in China. The company now claims to be the first to create a cobalt-free battery that has reached series production, although other battery manufacturers have claimed similar production achievements. SVOLT describes itself as a “high-tech enterprise in the global EV… Continue reading SVOLT unveils cobalt-free battery, claiming first company to reach ‘series production’
The mystery of a Tesla found destroyed on a frozen lake is solved, and it’s a wild story
The mystery of how a Tesla Model X was found burnt to almost nothing on a frozen lake in Vermont is now solved. It’s a wild story that involves over half a million dollars of fraud exploiting Tesla’s purchasing process. In February 2019, we reported on the remains of a burnt Tesla Model X being… Continue reading The mystery of a Tesla found destroyed on a frozen lake is solved, and it’s a wild story
A note left on a Tesla Model 3 shows just how little people know about electric cars
A note that a “concerned resident” left on a Tesla Model 3 after unplugging it shows just how little people know about electric cars. Studies and polls about electric vehicle adoption have consistently shown that education is one of the most needed things to accelerate the transition to zero emission. Of course, reducing the cost… Continue reading A note left on a Tesla Model 3 shows just how little people know about electric cars
GM temporarily stops making the Chevy Bolt after latest recall
General Motors is halting production of the Chevy Bolt EV after a number of battery fires prompted a massive recall that has already cost the company nearly $2 billion. The automaker won’t resume making the 2022 Bolt and Bolt EUV until at least mid-September. It had initially stopped production last week because of the global… Continue reading GM temporarily stops making the Chevy Bolt after latest recall
Scientists Studying Honesty Used Fabricated Data
It’s the epitome of irony. A 2012 study co-authored by famed behavioral scientist Dan Ariely about honesty — which had wide-reaching effects on how governments and businesses approached fraud prevention — was more than likely based on falsified data, BuzzFeed News reported last week. The three academics who called the results into question found that… Continue reading Scientists Studying Honesty Used Fabricated Data