Category: Tech News

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Bird’s new electric bike looks like a VanMoof, and you can buy it

Shared electric scooter company Bird is branching out into new two-wheeled vehicles, namely electric bikes. A few months after it introduced its first shared e-bike, the company announced that it would also offer its own e-bike for sale. The bike, dubbed Bird Bike of course, has a 500W rear hub motor, a Gates carbon belt… Continue reading Bird’s new electric bike looks like a VanMoof, and you can buy it

Build Better Products With 88% Off This Product Design eBook Bundle

Design is much more than just pleasing to the eye; it can make the difference between an ethical and unethical product. If you’re looking to learn more about how design works, the Fundamentals of Product Design eBook Bundle by O’Reilly has five books that shows you how to build better, from how to collect the… Continue reading Build Better Products With 88% Off This Product Design eBook Bundle

India: Bain-backed Emcure Pharmaceuticals eyes $672m IPO …

India’s Emcure Pharmaceuticals has filed draft papers with the market regulator for an initial public offering, which a source with direct knowledge of the matter said could be worth up to 50 billion rupees ($671.89 million). Emcure is the latest Indian company to tap capital markets this year in a fund-raising frenzy driven by abundant liquidity and record-high… Continue reading India: Bain-backed Emcure Pharmaceuticals eyes $672m IPO …

China Evergrande in talks with Xiaomi consortium to sell EV unit stake

Embattled Chinese property developer Evergrande Group is in talks with smartphone maker Xiaomi and Shenzhen state-backed investment firms as it looks to sell part of a 65% stake in its electric vehicle (EV) unit, three sources said. The Evergrande New Energy Vehicle (NEV) Group had a market capitalisation of $12.5 billion on Thursday and one of the sources said… Continue reading China Evergrande in talks with Xiaomi consortium to sell EV unit stake

US-based Apeel raises $250m Series E round led by return backer Temasek

US-based food system innovation player Apeel has raised $250 million in its Series E funding round led by return investor Temasek Holdings, according to a company statement. Singapore’s sovereign wealth fund GIC, which is also an existing investor, joined the latest round. The company’s valuation has touched over $2 billion and its total funding to… Continue reading US-based Apeel raises $250m Series E round led by return backer Temasek

Asia Digest: Gojek launches GoCar in Vietnam; Shandi raises $700k; Quadrant buys Papinelle

Gojek has officially introduced GoCar, its four-wheel ride-hailing service, in Ho Chi Minh City while Quadrant Private Equity has acquired Australian women’s sleepwear brand Papinelle. Meanwhile, Singapore-based foodtech startup Shandi has raised more than $700,000 in a second seed funding round led by Tolaram Group. Gojek launches GoCar in Vietnam Indonesian tech giant Gojek has… Continue reading Asia Digest: Gojek launches GoCar in Vietnam; Shandi raises $700k; Quadrant buys Papinelle

GM and AT&T are teaming up to bring 5G to Chevy, Cadillac, and GMC cars by 2024

General Motors and AT&T are partnering to bring 5G connectivity to “millions” of vehicles over the next decade. The improved connectivity will mean better software performance, enhanced navigation, and faster music and video streaming capabilities, company officials said. Starting with model year 2024, all Chevrolet, Cadillac, and GMC vehicles will come equipped with 5G. In… Continue reading GM and AT&T are teaming up to bring 5G to Chevy, Cadillac, and GMC cars by 2024

Tesla AI Day might rely on ‘one more thing’ moment to be impactful

Tesla is holding its ‘AI Day’ today and the automaker might have to rely on a ‘one more thing’ moment for the presentation to be impactful and move the needle. Over the last few years, Tesla started holding events, not really to unveil new products, but to present new technologies that it has been working… Continue reading Tesla AI Day might rely on ‘one more thing’ moment to be impactful

Chinese AI startup SenseTime to file for Hong Kong IPO by end-August

Chinese artificial intelligence startup SenseTime is planning to file for an up to $2 billion initial public offering (IPO) in Hong Kong as soon as the end of this month, three people with direct knowledge of the deal told Reuters. The company, which Washington put on a trade blacklist in October 2019, has hired Chinese investment banks… Continue reading Chinese AI startup SenseTime to file for Hong Kong IPO by end-August