Daily Archives: September 13, 2018

Golden Gate Ventures closes new $100M fund for Southeast Asia

Singapore’s Golden Gate Ventures has announced the close of its newest (and third) fund for Southeast Asia at a total of $ 100 million. The fund hit a first close in the summer, as TechCrunch reported at the time, and now it has reached full capacity. Seven-year-old Golden Gate said its LPs include existing backers Singapore sovereign fund Temasek, Korea’s Hanwha, ...

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What about your workers? Amazon’s Bezos gets grief for $2bn fund to help homeless & children

Amazon CEO and world’s richest man Jeff Bezos has invoked Twitter wrath for seemingly an all-around commendable cause – setting up a charity fund to fight homelessness and create a preschool network for the underprivileged. The so-called Day One Fund will be multi-billionaire businessman’s most significant foray into philanthropy to date. The 2$ billion pledged by Bezos will be used ...

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It’s the end of crypto as we know it and I feel fine

Watching the current price madness is scary. Bitcoin is falling and rising in $ 500 increments with regularity and Ethereum and its attendant ICOs are in a seeming freefall with a few “dead cat bounces” to keep things lively. What this signals is not that crypto is dead, however. It signals that the early, elated period of trading whose milestones ...

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Integration failure: Report finds 51% Vienna pupils don’t speak German at home

More than half of students at Viennese schools use their native language, rather than German, at home and as they go about their everyday activities, according to a new integration report released by the Austrian government. The 8th annual report, prepared by an independent expert council, has found that the Austrian government’s efforts to encourage those with migrant background to ...

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It’s the end of crypto as we know it and I feel fine

Watching the current price madness is scary. Bitcoin is falling and rising in $ 500 increments with regularity and Ethereum and its attendant ICOs are in a seeming freefall with a few “dead cat bounces” to keep things lively. What this signals is not that crypto is dead, however. It signals that the early, elated period of trading whose milestones ...

Read More »

The iPhone XR is the one to get

The iPhone XR arrived like an afterthought. No surprise, really. Apple’s always been one to lead with its best foot forward — the latest, greatest and, quite literally, the largest. Projecting the life on the bleeding edge is a cornerstone of the company’s image, market share and stock price. The iPhone XR isn’t that. In the context of yesterday’s event, ...

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Playing both sides: Despite woke advertising, Nike donates big to GOP

Despite a virtue-signaling ad campaign featuring anthem-kneeling NFL quarterback Colin Kaepernick, sportswear giant Nike donates more than three times as much money to Republicans as it does to Democrats. Nike’s employees and the company’s own Political Action Committee gave $ 424,000 to Republicans and only $ 122,000 to Democrats this election cycle, according to the nonpartisan Center for Responsive Politics. ...

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Former Uber exec alleges ex-PR chief ‘destroyed his reputation’

A nasty legal battle is set to play out between two former Uber executives. Eric Alexander, the ride-hailing company’s former president of business in Asia-Pacific, has filed suit against former Uber PR chief Rachel Whetstone . Alexander blames Whetstone for his firing from Uber in June 2017, claiming her “grossly misleading statements” both internally at Uber and to the media, “destroyed his ...

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Gas explosions set homes north of Boston on fire (PHOTOS)

At least 70 buildings north of Boston, Massachusetts have been set ablaze by what appears to be a ruptured gas line, police have confirmed. Authorities are evacuating residents from parts of Lawrence, Andover and North Andover. The residents of the three communities north of Boston, serviced by Columbia Gas, have been ordered to evacuate immediately after a reported gas line ...

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It’s the end of crypto as we know it and I feel fine

Watching the current price madness is scary. Bitcoin is falling and rising in $ 500 increments with regularity and Ethereum and its attendant ICOs are in a seeming freefall with a few “dead cat bounces” to keep things lively. What this signals is not that crypto is dead, however. It signals that the early, elated period of trading whose milestones ...

Read More »
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