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Category: Tech News
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Indonesian logistics firm J&T Express mulls shifting IPO venue to HK: Report …
Indonesian last-mile logistics company J&T Express is exploring the possibility of shifting its initial public offering (IPO) venue from the US to Hong Kong, according to a Bloomberg report. The Indonesian unicorn, which is backed by Chinese investors, is said to be looking to raise $1 billion in its IPO targeted next year, the report… Continue reading Indonesian logistics firm J&T Express mulls shifting IPO venue to HK: Report …
ComfortDelGro JV lands $837m contract to operate rail services in New Zealand
Mainboard-listed transport company ComfortDelGro Group has been awarded a S$1.13-billion ($836.5 million) contract to operate rail services in Auckland, New Zealand, according to a press statement. The Singapore-based group will operate the rail services through its joint venture with Australian rail operator and maintenance company UGL Rail Services, called Auckland One Rail (AOR), in which… Continue reading ComfortDelGro JV lands $837m contract to operate rail services in New Zealand
India’s Maharashtra state to launch another VC fund to invest in startups
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China’s top social media platforms to “rectify” financial self-media accounts
China’s top social media platforms, Wechat, Douyin, Sina Weibo and Kuaishou, said on Saturday they would begin to rectify irregular practices of “self-media” accounts that publish financial information, reported state media Global Times. This follows an announcement by China’s cyberspace regulator, the Cyberspace Administration of China (CAC), that it would look into accounts that have repeatedly released financial news illegally,… Continue reading China’s top social media platforms to “rectify” financial self-media accounts
Astra rocket does a real smooth slide before failing to reach orbit
Astra’s first rocket launch since it the company went public wasn’t exactly the success the company hoped for. An engine failing to fire a second into the launch caused the rocket to hover sideways before attempting to reach orbit. The flight safety crew purposely stalled the engines 2 minutes and 28 seconds into the flight… Continue reading Astra rocket does a real smooth slide before failing to reach orbit
Build Your Own Internet Of Things With 98% Off These Arduino Training Classes
The future of everything is do-it-yourself, from neat little time-saving projects to the autonomous vehicles of the future. And underlying all this futuristic tech will be modest little technology like the Arduino board. The Ultimate Arduino Coding Power Course Bundle will help you master the technology underlying the future, from first principles to bigger concepts.… Continue reading Build Your Own Internet Of Things With 98% Off These Arduino Training Classes
Indian SaaS unicorn Freshworks files for $100m US IPO F…
The 11-year old software-as-a-service (SaaS) startup has appointed Morgan Stanley, J.P.Morgan, BofA Securities, Jeffries and Barclays as book managers to the IPO, among others. Freshworks joins the growing list of Indian unicorns which are making a beeline towards public markets. These include financial services major Paytm, insurtech player PolicyBazaar and beauty marketplace Nykaa. Merchant fintech… Continue reading Indian SaaS unicorn Freshworks files for $100m US IPO F…
Sony’s new PS5 model weighs less because it has a smaller heatsink
A new PS5 model started appearing in Australia, Japan, and parts of the US earlier this month, with a new stand design and a mysterious reduction in weight. Thanks to a teardown video from YouTuber Austin Evans, the mystery has now been solved: Sony has changed the heatsink that helps cool the PS5. The new… Continue reading Sony’s new PS5 model weighs less because it has a smaller heatsink
Google reportedly offered Netflix a special discount on Play Store fees
Google has been accused of playing favorites in its treatment of Android app developers. The Verge reports a newly unsealed consumer lawsuit against Google alleges the company offered to take a “significantly reduced” cut of Netflix’s Play Store revenue in order to quell the streaming giant’s “displeasure.” Netflix, Spotify and Tinder all supposedly tried to… Continue reading Google reportedly offered Netflix a special discount on Play Store fees