Category: Tech News

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VC veteran leaves Qiming Ventures to launch new fund He…

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to… Continue reading VC veteran leaves Qiming Ventures to launch new fund He…

Indonesia’s state airline Garuda hangs by a financial thread

Workers clean the body of a Garuda Indonesia Airbus A320 aircraft inside Hangar 4 of PT Garuda Maintenance Facility (GMF) Aero Asia at Soekarno-Hatta airport in Jakarta. Premium Indonesia’s government is under mounting pressure to resolve the financial crisis at the nation’s flagship airline, which faces an existential threat from COVID-19 after years of chaotic… Continue reading Indonesia’s state airline Garuda hangs by a financial thread

Apple hit with antitrust case in India over in-app payments issues

Apple Inc is facing an antitrust challenge in India for allegedly abusing its dominant position in the apps market by forcing developers to use its proprietary in-app purchase system, according to a source and documents seen by Reuters. The allegations are similar to a case Apple faces in the European Union, where regulators last year started an investigation… Continue reading Apple hit with antitrust case in India over in-app payments issues

BMW Group’s Neue Klasse lineup to focus on circular economy to achieve reduction in CO2 emissions

The BMW Group announced Thursday its intentions to commit to a 50% reduction from 2019 levels in global carbon dioxide emissions during the use-phase of its vehicles by 2030, as well as a 40% reduction in emissions during the life cycle of the vehicle. These goals, including a plan to focus on the principles of… Continue reading BMW Group’s Neue Klasse lineup to focus on circular economy to achieve reduction in CO2 emissions

Nikola and Bosch ink deal for hydrogen fuel cell modules

Beleaguered electric truck developer Nikola Corp. has inked a new agreement with Bosch for its hydrogen fuel cell modules. The modules will be used to power two of Nikola’s hydrogen-fueled semi-trucks, the short-haul Nikola Tre and Nikola Two sleeper. “This announcement is the result of a multi-year working relationship with Bosch,” Nikola CEO Mark Russell said… Continue reading Nikola and Bosch ink deal for hydrogen fuel cell modules

Contentsquare acquires Hotjar to expand reach from enterprise to SMB

Digital experience analytics provider Contentsquare announced this week that it is acquiring Hotjar. Contentsquare provides a platform to help companies improve their customers’ digital experiences across the web, mobile, and applications by analyzing users’ digital interactions. The company has significant momentum in large enterprises and counts big brands such as Walmart, Microsoft, T-Mobile, BMW, Sephora,… Continue reading Contentsquare acquires Hotjar to expand reach from enterprise to SMB

Watch Tesla Model S Plaid with Track Mode do hot laps on Nürburgring racetrack

Tesla is currently in Germany testing its Model S Plaid and attempting to break some records on a notoriously difficult track. You can watch Tesla take some hot laps with the Model S Plaid on the Nürburgring racetrack below. After Porsche brought its brand-new Taycan electric car to the Nürburgring racetrack to break a record… Continue reading Watch Tesla Model S Plaid with Track Mode do hot laps on Nürburgring racetrack

Tesla Model Y takes over Norway, pushes all-electric car sales to 72% market share

Tesla started deliveries of the Model Y in Europe last month, and within a week it became the best-selling vehicle in Norway. It helped pushed all-electric car sales to 72% market share – a new record. Norway has been achieving some incredible levels of EV penetration in the market. We recently reported that electric cars… Continue reading Tesla Model Y takes over Norway, pushes all-electric car sales to 72% market share