Taiwanese insurers Cathay Life, Taiwan Life commit $176m to four PE funds

Taiwanese insurers Cathay Life Insurance and Taiwan Life Insurance have agreed to commit a total of $176 million to four private equity (PE) funds, according to separate stock exchange filings. Cathay Life, the insurance subsidiary of Taiwanese conglomerate Cathay Financial Holdings, has committed $60 million to KPS Special Situations Fund VI A and another 80… Continue reading Taiwanese insurers Cathay Life, Taiwan Life commit $176m to four PE funds

Investors eye India’s tier 2, tier 3 towns as startup action spreads to hinterland

Private equity (PE) and venture capital (VC) firms are rushing to clock investments in India’s tier 2 and tier 3 cities to address the shortage of equity capital being faced by the country’s micro, small and medium enterprises (MSMEs). The development comes at a time when new-age startups in tier 1 cities are mired in… Continue reading Investors eye India’s tier 2, tier 3 towns as startup action spreads to hinterland

Intel is on track with its new PowerVia chip architecture

Tech/ Intel / The company believes it’s more than two years ahead of TSMC and Samsung in backside power delivery. By Wes Davis, a weekend editor who covers the latest in tech and entertainment. He has written news, reviews, and more as a tech journalist since 2020. Share this story A waver holding Blue Sky… Continue reading Intel is on track with its new PowerVia chip architecture

Apple’s Vision Pro headset uses iris scanning for logins with Optic ID

/ Apple introduced Touch ID and Face ID on the iPhone. Now, the company is introducing its first iris-scanning biometric on the new Vision Pro headset. By Umar Shakir, a news writer fond of the electric vehicle lifestyle and things that plug in via USB-C. He spent over 15 years in IT support before joining… Continue reading Apple’s Vision Pro headset uses iris scanning for logins with Optic ID

Apple didn’t talk about it, but iOS 17 adds AirTag and Find My device sharing

Apple/Screenshot by Jason Cipriani/ZDNET Did you happen to catch Apple’s WWDC 23 keynote? At times it felt as if the company speed-read through a ton of information and announcements in order to make room for spending 40 minutes on the announcement and demonstrations of its augmented reality Vision Pro headset.  Also: Apple just announced a… Continue reading Apple didn’t talk about it, but iOS 17 adds AirTag and Find My device sharing

Elon Musk: Tesla open to license Autopilot and more to automakers following Ford deal

Following the deal to work with Ford on access to the Supercharger network, CEO Elon Musk says that Tesla is open to licensing Autopilot, Full Self-Driving, and EV technology to other automakers. Are there going to be any takers? Back in 2014, Tesla announced that it made all its patents “open source.” Almost a decade… Continue reading Elon Musk: Tesla open to license Autopilot and more to automakers following Ford deal

Tesla and Ford partnership on charging standard angers CCS coalition, but they are wrong

CharIn, the association behind the CCS EV charging standard, has issued a response to the Tesla and Ford partnership on the NACS charging standard. They are unhappy about it, but here’s what they get wrong. Last month, Ford announced that it will integrate NACS, Tesla’s charge connector that it open-sourced last year in an attempt… Continue reading Tesla and Ford partnership on charging standard angers CCS coalition, but they are wrong

GM CEO says Tesla has the lead in electric cars, doesn’t see profitable $30-40K EVs until end of decade

GM CEO Mary Barra says that she doesn’t see profitable electric cars in the $30,000 to $40,000 range until the end of the decade or “maybe even later.” Here’s why she is wrong and why it doesn’t even matter. At a Sanford Bernstein conference, Barra commented on the current EV market and admitted that Tesla… Continue reading GM CEO says Tesla has the lead in electric cars, doesn’t see profitable $30-40K EVs until end of decade

OpenAI CEO Hopeful World Leaders Will Save Us From AI He’s Building

OpenAI is building tech that could shake the very foundations of politics, the labor market, and the information ecosystem itself. But don’t worry! The company’s CEO Sam Altman has had a consistent message for a worried public: our famously functional lawmakers and heads of state will step in and save the world from the tech… Continue reading OpenAI CEO Hopeful World Leaders Will Save Us From AI He’s Building

Idiots Fooled by AI-Generated Pics of Satanic Merchandise at Target

This is just so stupid. Moving Target Far-right Facebook was sent spiraling last week over so-called images of children wearing what looked to be Target merchandise covered in Satanic imagery. These people, however, are idiots, and all of the images in question — which also included depictions of Satanic horned mannequins, because that’s also something… Continue reading Idiots Fooled by AI-Generated Pics of Satanic Merchandise at Target