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  • Apple launches its online store in India

    For the first time in more than 20 years since Apple began its operations in India, the iPhone-maker has started selling its products directly to consumers in the world’s second largest smartphone market. Apple launched its online store in India on Wednesday, which in addition to offering nearly the entire line-up of its products, also […]

    September 22nd, 2020 11:33 PM

    China says it won’t approve TikTok sale, calls it ‘extortion’

    The September 20 deadline for a purported TikTok sale has already passed, but the parties involved have yet to settle terms on the deal. ByteDance and TikTok’s bidders Oracle and Walmart presented conflicting messages on the future ownership of the app, confusing investors and users. Meanwhile, Beijing’s discontent with the TikTok sale is increasingly obvious. […]

    September 22nd, 2020 10:54 PM

    Singapore-based Syfe, a robo-advisor with a human touch, raises $18.6 million led by Valar Ventures

    Syfe, a Singapore-based startup that wants to make investing more accessible in Asia, announced today that it has closed a SGD $25.2 million (USD $18.6 million) Series A led by Valar Ventures, a fintech-focused investment firm. The round also included participation from Presight Capital and returning investor Unbound, which led Syfe’s seed funding last year. […]

    September 22nd, 2020 09:00 PM

    Elon Musk reveals the Tesla Model S ‘Plaid’ slated for late 2021

    Tesla CEO Elon Musk revealed Tuesday the Model S Plaid, the newest variant to the company’s flagship sedan that boasts some eye-popping performance and range claims, including the ability to travel at least 520 miles on a single charge. The Model S with this more powerful “Plaid” powertrain won’t be available until late 2021.  Tesla, […]

    September 22nd, 2020 08:48 PM

    Tesla claims it can drive battery costs down even lower with new material science innovations

    Amid a packed afternoon of announcements from Tesla around innovations the company is pursuing to slash the cost of electric vehicle production and energy storage through better battery design, the company said it’s made new advancements in material science for anodes and cathodes — key components of the lithium-ion batteries that are the heart of […]

    September 22nd, 2020 07:42 PM

    Tesla is building a cathode plant and getting into the lithium mining business

    A little more than a year ago, during Tesla’s 2019 shareholder’s meeting, CEO Elon Musk said the company “might get into the business of mining minerals used in electric vehicle batteries.” Today, during Tesla’s so-called Battery Day event, Musk confirmed that the company is officially getting into the mining business. Tesla has secured the rights […]

    September 22nd, 2020 07:09 PM

    Tesla says its battery innovations will deliver its goal of a $25,000 mass market electric car

    Tesla held its Battery Day event on Tuesday to discuss a variety of innovations it has developed and is pursuing in battery technology for its vehicles. At the event, Tesla CEO Elon Musk and SVP of Powertrain and Energy Engineering Drew Baglino detailed new anode and cathode technology it’s working on, as well as materials […]

    September 22nd, 2020 06:06 PM

    TransferWise reports accelerating revenue growth to 70% in its March, 2020 fiscal year

    TransferWise, a European fintech unicorn, announced the financial results of its fiscal year ending March, 2020. The company posted strong growth, continued profit and new customer records. TransferWise was most recently valued at $5 billion during a secondary sale worth $319 million in July of this year. On the results front, we can compare the […]

    September 22nd, 2020 06:01 PM
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