Category: Tech News

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Blackstone said to be in talks to acquire SG’s Interplex for $1b: Report …

US investment major Blackstone is reportedly in talks to acquire Interplex, a Singapore-based precision components company, from Baring Private Equity Asia (BPEA), for at least $1 billion. A Bloomberg report, which quoted people familiar with the matter, said Blackstone is currently laying out the details of the transaction, although final negotiations could still take weeks.… Continue reading Blackstone said to be in talks to acquire SG’s Interplex for $1b: Report …

PropertyGuru set to ramp up data, software services to boost marketplace lead

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 PropertyGuru set to ramp up data, software services to boost marketplace lead

Musk admits Full Self-Driving system ‘not great,’ blames a single stack for highway and city streets

It hasn’t even been a week since Tesla hosted its AI Day, a livestreamed event full of technical jargon meant to snare the choicest of AI and vision engineers to come work for Tesla and help the company achieve autonomous greatness, and already CEO Elon Musk is coming in with some hot takes about the… Continue reading Musk admits Full Self-Driving system ‘not great,’ blames a single stack for highway and city streets

Big Tech salaries revealed: How much engineers, developers, and product managers make at companies including Amazon, Google, Apple, Microsoft, Intel, Uber, IBM, and Salesforce (GOOGL, GOOG, AAPL, AMZN, FB, MSFT, INTC, IBM, CRM, SNAP, UBER)

Amazon cloud-solutions architects are paid $90,800 to $185,000, depending on location and skills. Adam Selipsky, the Amazon Web Services boss.Albert Gea/Reuters Amazon’s cloud unit, now run by Adam Selipsky, has continued hiring for technical and business talent to support its dominant cloud-computing business. Insider reviewed more than 200 H-1B visas that Amazon’s cloud unit applied… Continue reading Big Tech salaries revealed: How much engineers, developers, and product managers make at companies including Amazon, Google, Apple, Microsoft, Intel, Uber, IBM, and Salesforce (GOOGL, GOOG, AAPL, AMZN, FB, MSFT, INTC, IBM, CRM, SNAP, UBER)

FAA grants could clean up airport emissions

The Federal Aviation Administration (FAA) is giving out more than $35 million in grants so that airports in the US can cut down their pollution, the agency announced today. Gas-burning vehicles that shuttle travelers and their luggage around airports and other on-the-ground equipment create emissions that worsen air quality and add to the climate crisis.… Continue reading FAA grants could clean up airport emissions

Extra Crunch roundup: Zūm CEO interview, Cisco’s M&A ethos, neoinsurance bad romance

It was once common practice for doctors to visit sick patients in their homes: In 1930, 40% of all consultations were house calls. By 1980, that figure was less than 1%. Today, urgent care centers occupy Main Street storefronts and 33% of all medical expenditures occur in hospitals. It’s clear that the additional overhead is… Continue reading Extra Crunch roundup: Zūm CEO interview, Cisco’s M&A ethos, neoinsurance bad romance

HyPoint and Piasecki reach $6.5M deal to develop hydrogen fuel cells systems for eVTOLs

A quick survey of many of the most highly valued electric vertical take-off and landing companies shows one thing in common: All of them are developing aircraft powered by batteries. But a growing suite of aviation companies, turned off by what they see as the energy density limitations of lithium-ion batteries, are turning instead to… Continue reading HyPoint and Piasecki reach $6.5M deal to develop hydrogen fuel cells systems for eVTOLs

A California judge just struck down Prop 22: Now what?

Bradley Tusk Contributor More posts by this contributor When regulation presents a (rare) opportunity In London, Uber has won the battle but risks losing the war Every time you turn around, someone new is winning the war in California around organizing workers in the sharing economy. Labor struck first when California legislators passed Assembly Bill… Continue reading A California judge just struck down Prop 22: Now what?