Category: Tech News

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India Digest: DealShare in talks to raise up to $200m; Tencent may back Pocket FM

Social e-commerce startup DealShare is reportedly in talks to raise up to $200 million in a fresh funding round at a valuation of about $1-1.2 billion. Separately, Tencent Holdings is in advanced talks to lead a $20-25 million funding round in Pocket FM. DealShare in talks to raise up to $200m Social e-commerce startup DealShare… Continue reading India Digest: DealShare in talks to raise up to $200m; Tencent may back Pocket FM

Rumor of Tesla Model Y with 400-mile range explained

There are rumors of a Tesla Model Y coming with a range of 400 miles after the automaker filed for new versions of the electric SUV to be produced at Gigafactory Shanghai. The rumors are exaggerated. As we reported last week, Tesla filed with the Chinese government to produce five more versions of Model Y… Continue reading Rumor of Tesla Model Y with 400-mile range explained

India’s latest unicorn Zetwerk plans to expand globally; eyes 2-5 acquisitions this year …

Zetwerk Manufacturing Businesses Pvt. Ltd, a contract manufacturer of capital and consumer goods, has become the latest startup to join the rapidly burgeoning ranks of Indian unicorns after raising $150 million in a funding round led by New York-based D1 Capital Partners. The round, which also saw the participation of new investors such as Avenir… Continue reading India’s latest unicorn Zetwerk plans to expand globally; eyes 2-5 acquisitions this year …

BlackRock Real Assets buys stake in Australian EV charging provider JOLT Charge

BlackRock Real Assets, the realty investment arm of global asset manager BlackRock, has acquired an equity stake in Australian electric vehicle charging provider JOLT Charge, according to an announcement. This marks the first investment in the EV charging sector by BlackRock Real Assets in the APAC region from its latest Global Renewable Power strategy. The… Continue reading BlackRock Real Assets buys stake in Australian EV charging provider JOLT Charge

SEC gives Chinese companies new requirements for US IPO disclosures

The U.S. Securities and Exchange Commission (SEC) has started to issue new disclosure requirements to Chinese companies seeking to list in New York as part of a push to boost investor awareness of the risks involved, according to a document reviewed by Reuters and people familiar with the matter. Some Chinese companies have now started to… Continue reading SEC gives Chinese companies new requirements for US IPO disclosures

Data Vantage: Startups secure growth-stage funding, new financial updates and more

More than a dozen Southeast Asian startups secured fresh capital last week, of which at least three bagged eight-digit funding, data compiled by DealStreetAsia – DATA VANTAGE shows. Confirming a story that DealStreetAsia broke earlier this month, Singapore-based fintech firm Honest Bank secured $19.7 million from a group of investors led by Insignia Ventures, regulatory… Continue reading Data Vantage: Startups secure growth-stage funding, new financial updates and more

Would It Be Fair to Treat Vaccinated Covid Patients First?

Around the world, hospitals and clinicians have broadly agreed that both Covid and non-Covid patients should have the same triage principles applied, that care shouldn’t be first-come, first-served (because of differences in accessibility), and that the primary metric should be getting the greatest number of people to leave the hospital alive. Cultural values sometimes come… Continue reading Would It Be Fair to Treat Vaccinated Covid Patients First?

Google will tailor Play Store ratings based on location starting in November

Whether you’re an Android or iOS user, there’s a good chance you look at user reviews and ratings before you decide whether to download an app to your device. In hopes of making those more useful for everyone, Google plans to make two tweaks to the Play Store. Starting in November, the ratings you see… Continue reading Google will tailor Play Store ratings based on location starting in November

Teardown shows the Playdate won’t suffer from controller drift like the Switch

While Panic’s pint-sized Playdate handheld won’t make its way to early adopters until the end of the year, iFixit got a chance to look inside the device early. “Unfortunately it didn’t come with any games, so a teardown was about all it was good for,” iFixit said, for those who might be jealous the company… Continue reading Teardown shows the Playdate won’t suffer from controller drift like the Switch