Honda announced an experiment to use its cars to collect data about hazardous road conditions. Using GPS and cameras, the Japanese automaker is gathering real-time road information about poor lane markings or potholes, which it can then send to municipalities for future improvements. The pilot project, which is being run out of the Honda Research… Continue reading Honda wants to use connected cars to identify hazardous road conditions
Category: Tech News
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Matter’s plan to save the smart home
The smart home should be a natural evolution of our homes, bringing better appliances, better systems, better experiences. But to date, it’s been complicated, confusing, and expensive. Walled gardens have stifled innovation as developers focus on getting their devices to work with three or four or more different platforms rather than spending their time creating… Continue reading Matter’s plan to save the smart home
Uber partners with Opibus to deploy up to 3,000 electric motorcycles in Africa by 2022
Following a successful pilot program in Africa, Uber and EV developer Opibus have entered into a strategic partnership to promote EV adoption across the continent. As part of the agreement, Opibus will provide 3,000 of its unique electric motorcycles to support Uber’s growing demand for emissions-free drivers across the continent. Opibus is a Swedish-Kenyan technology… Continue reading Uber partners with Opibus to deploy up to 3,000 electric motorcycles in Africa by 2022
Nike acquires virtual sneakers and crypto collectibles startup RTFKT
In October, Nike filed trademark applications as part of its preparations to sell virtual sneakers and apparel, according to CNBC. Now, the footwear and sports apparel giant has acquired a startup called RTFKT (pronounced “artifact”) that will help the company accelerate its “digital transformation.” RTFKT was founded in early 2020 and has since made a… Continue reading Nike acquires virtual sneakers and crypto collectibles startup RTFKT
Chinese supermarket chain T11 bags $100m in Alibaba-led Series B round …
Beijing-based T11 Food Market, a retail supermarket brand with a focus on fresh food and groceries, has completed a Series B round raising $100 million. The e-commerce conglomerate Alibaba led the new round, which also saw participation from private equity fund Redview Capital and existing investor MSA Capital — a $1.7 billion fund that has… Continue reading Chinese supermarket chain T11 bags $100m in Alibaba-led Series B round …
Flipkart, Walmart invest further $145m in Indian fresh produce supply startup Ninjacart
Flipkart and Walmart have announced a $145-million joint strategic investment in Bengaluru-based fresh produce supply startup Ninjacart, the company said in a statement on Monday. The latest capital infusion marks the third round of investment by Flipkart and Walmart into the startup. Flipkart and Walmart had previously invested in Ninjacart in 2019 and 2020. With… Continue reading Flipkart, Walmart invest further $145m in Indian fresh produce supply startup Ninjacart
SG topped in PE-VC deals, Indonesia clocked most IPOs in SE Asia this year: report
The total value of M&As, private equity, and venture capital deals, and initial public offerings (IPOs) in Singapore, Malaysia, and Indonesia stood at $280 billion across 1,800 deals between December 2020 and November 2021, according to a new report by the research firm Duff & Phelps. Transactions this year were 3.3 times the $84 billion… Continue reading SG topped in PE-VC deals, Indonesia clocked most IPOs in SE Asia this year: report
Data Vantage: Lemonilo, Xurya and CoLearn bag funding and other updates
The COVID-19 pandemic has not only accelerated digitalisation in Southeast Asia but also triggered a dramatic shift towards healthier life choices. Partly buoyed by the latter, Indonesia’s health food startup Lemonilo has emerged as a formidable competitor to food manufacturing giants such as Indofood and Wings Corp, particularly in the instant noodle market. Armed with… Continue reading Data Vantage: Lemonilo, Xurya and CoLearn bag funding and other updates
Billionaire Launches Startup to Reprogram Human Gene Expression
Image by Getty Images/Futurism Billionaire Coinbase founder Brian Armstrong has launched a new “epigenetic reprogramming” company, called NewLimit, with the goal of greatly extending the human lifespan. Armstrong is collaborating with Blake Byers, a Silicon Valley entrepreneur with a Stanford PhD in bioengineering, to stop aging in its tracks. “NewLimit will start by deeply interrogating… Continue reading Billionaire Launches Startup to Reprogram Human Gene Expression
Harvard Warns That Chinese Tech Is Rapidly Overtaking American Capabilities
They’re warning that “it will overtake the US within the next decade.” The Great Rivalry The race for tech dominance between China and the US is heating up — but it’s starting to look like Beijing is taking the lead. A new report, spotted by The South China Morning Post and published last week by… Continue reading Harvard Warns That Chinese Tech Is Rapidly Overtaking American Capabilities