Category: Tech News

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Hulu’s Theranos miniseries ‘The Dropout’ premieres March 3rd

As with many wild and dramatic stories, the tale of Theranos and its former CEO Elizabeth Holmes is getting multiple adaptations. The Jennifer Lawrence-led Bad Blood, which was just snapped up by Apple, will likely get the most attention. (Expect it to get plenty of Oscar love, like Adam McKay’s recent films, Vice and The… Continue reading Hulu’s Theranos miniseries ‘The Dropout’ premieres March 3rd

Apple closes three stores in US and Canada amid COVID-19 surge

Apple is closing more stores in response to COVID-19’s resurgence. Bloomberg reports the iPhone maker has temporarily shuttered three stores in the US and Canada following increases in exposures and outbreaks among employees. Shops in Annapolis (Annapolis Mall), Miami (Brickell City Centre) and the Canadian capital Ottawa (Rideau Centre) will remain closed until either December… Continue reading Apple closes three stores in US and Canada amid COVID-19 surge

Apple releases Swift Playgrounds 4, letting budding iOS developers create on iPad

The wait is over. Following an announcement at WWDC 2021, Apple has released Swift Playgrounds 4.0. The update is a significant one for the app, which both kids and adults can use to learn the company’s Swift programming language. For the first time, the software allows you to build both iPhone and iPad apps directly… Continue reading Apple releases Swift Playgrounds 4, letting budding iOS developers create on iPad

PE firm BGH Capital makes $431m bid for Australia’s Virtus Health

Private equity firm BGH Capital has proposed a A$607.3 million ($431.37 million) buyout of Australia’s Virtus Health after acquiring a 10% stake, the fertility services provider said on Tuesday, sending its shares up by more than a third. BGH proposed to pay A$7.10 per share, representing a 36% premium to the stock’s last close, after… Continue reading PE firm BGH Capital makes $431m bid for Australia’s Virtus Health

Top investors don’t call Vietnam a frontier market anymore. Watch the video here

Thanks to attractive macro fundamentals, SE Asia’s fast-growing economies, Vietnam in particular, are increasingly grabbing the interest of global private equity powerhouses. “Now people don’t call Vietnam a frontier market anymore,” Conrad Tsang, chairman & co-founder, Strategic Year Holdings Limited, said during the Vietnam-focused panel discussion at the Asia PE-VC Summit 2021. What is driving the shift… Continue reading Top investors don’t call Vietnam a frontier market anymore. Watch the video here

SGX to ask companies to make climate, board diversity disclosures next year

The Singapore Exchange (SGX) will start requiring companies to provide climate-related reporting as well as disclosures on board diversity from next year, the bourse said on Wednesday. All issuers must provide climate reporting on a “comply or explain” basis in their sustainability reports from the financial year starting 2022. Climate reporting will become mandatory for issuers in the financial,… Continue reading SGX to ask companies to make climate, board diversity disclosures next year

Canoo ends partnership with VDL Nedcar to manufacture EVs in Europe, partners with VDL Groep

Electric vehicle startup Canoo is ending its deal with Dutch automotive manufacturing company VDL Nedcar to serve as its contract manufacturer in Europe, according to a Securities and Exchange Commission filing on Wednesday. A separate filing reveals that Canoo will also be exploring a new deal with VDL Groep, another Dutch auto manufacturing company, to… Continue reading Canoo ends partnership with VDL Nedcar to manufacture EVs in Europe, partners with VDL Groep

New York becomes largest US city to ban new gas hookups

The Big Apple just became the biggest city yet to say goodbye to gas hookups in new construction. New York City Council passed a bill today that prohibits the combustion of fossilfuels in new buildings, effectively phasing out the use of gas for cooking and heating. Addressing building emissions is critical to New York City… Continue reading New York becomes largest US city to ban new gas hookups

Ample’s John de Souza on the merits of B2B, company culture and investors who get it

The odds are against San Francisco-based electric vehicle battery swapping company Ample. Other companies have tried to build a business on exchanging dead batteries for fresh ones to solve the problem of long EV charge times: Fourteen years ago, Better Place raised nearly a billion dollars to do what Ample’s doing, and it ended up… Continue reading Ample’s John de Souza on the merits of B2B, company culture and investors who get it