Welcome to the Disruptiv newsletter! You're about to get this week's top tech and innovation insight that we saw this week. Enjoy! [disruptivflow-header] Good morning, FlowBankers Welcome to the Disruptiv newsletter! A weekly aggregate of relevant tech-focused quick takes. . Saturday 18th February, 2023 [Start trading](113/cXx8Z04/VVtx9t7Fld-MVt0Dxw3VZ5lhW1RGk9h4X8ysxN3Qcf8k2-MK5V1-WJV7CgTwMW3Ht5Kx5MVwGPW8B7-rr6WM2DhW1JdH1Y1T_BDMW3b4Nzh44wB91W2wmq367Qcl2pW72CLb05Pq54MW3RWlmH2mf1GbW995b1w4ctGsGW8XBP3t9hRlybW6_Z-J54smtJXW5WLg_X1N3sKJW1mqd7Z1DwJQ2N4mdnPpzXZgpN4rryHQwbs0JW12P87D5GvL-CW6KyBz18ptqg3W5gNWq_4c1vvDW7Lm8j487Jc_PW2hBl7d1t1tn_W3xzp9k72wvHp3lN21) FlowBank tech articles ð Is BYD Eating Teslaâs Lunch In China? [Tesla China](113/cXx8Z04/VVtx9t7Fld-MVt0Dxw3VZ5lhW1RGk9h4X8ysxN3Qcf812-MJQV1-WJV7CgHzJVDpPWn93qH6kW6QYxjH5PZBqwW4TH72s5xZR02W3wW8lF7SsGtxW6tRyxV6jnf_WVx34V65R3VrxW3xxXpw9lPkwGW4HhyNn3Ypz80W7cMB927bS7T2W2440-C1Dq7v7W4_HYtV1fs7BhW4LrHqX6QvZjKW631-4Y3MDLVKW1vHhwH1nWjVRW5PPgpd6LdccCW6GDxkf70m5TkW71CG2N1SMz1vN6bBKcMKkNz23g0X1) Is BYD overtaking Tesla in China? Find out the latest market insights, production issues, and price wars between the two leading electric vehicle giants in this informative article. [Read me](113/cXx8Z04/VVtx9t7Fld-MVt0Dxw3VZ5lhW1RGk9h4X8ysxN3Qcf812-MJQV1-WJV7CgTkTW52hL3s7Y-JwzW2PYdBt3Szj3GW6VTCSh1d9S39W9kSx9x2r-lR2W3b4Lcs7nFxT2W8Hp6sc827vYPW9jZLvj86FyJHW4BJhfz3xbJw_MSMb3n986pnW6R48BB5YyM9TW7k8zNV5Pv_KZW7VPQ4g7084VnW5RFp554Rv1y1W77KpRc1N_R1RW6yxjdL9gpF6TW24TNV48Mz4xzW2pcNyW22HB-LW3yT7kW4QJtXk3fqF1) Big Technology ð - Tesla plans to open up its chargers to non-Tesla EVs in order to access billions of dollars of federal funding for infrastructure upgrades.
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- Alphabet, in internal communications, told employees to spend a few hours testing Bard.Google is pressured to rapidly develop AI products to rival Microsoft, which has partnered with OpenAI, the maker of Chatgpt.
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- Alibaba, the Chinese ecommerce giant, revealed an ambitious vision to quintuple its Southeast Asian e-commerce business to $100 billion in transacted sales, and reach carbon neutrality in its operations by 2030. VC + Startups ð¯ - Skin + Me, a UK-based startup offering a personalised prescription-based approach to skincare raises â¬11 million as demand ramps up. - QiO Technologies, a UK startup leveraging AI sustainability tech, on a mission to help firms cut carbon emmisions raises â¬9.3 million to expand. - Brigad, a startup currently operating between the UK and France, helping to address the hospitality staffing crisis through its freelancer marketplace, raises â¬33 million to expand. Crypto ð¾ - Amazonâs Alexa Fund, its VC arm, has led a $20 million Series A-4 funding round for the 3D character studio Superplastic, which creates âsynthetic celebrities,â vinyl toys, and has previously released NFT collections on Ethereum and partnered with Gucci and Epic Games.
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- El Salvador, the first country to adopt Bitcoin as legal tender, plans to open a "Bitcoin Embassy" in the US as it pushes for wider crypto adoption. Law and regulation ðµï¸ - The European Central Bank expects EU banks to introduce limits on their crypto holdings even before the Basel Committee on Banking Supervisionâs global standards come into force in 2025.
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- The UKâs Financial Conduct Authority (FCA) is cracking down on unregistered crypto ATMs. Crypto businesses operating in the UK need to be registered with the FCA for anti-money laundering purposes. Disruptiv Figure ð .
Asia to Use Half of World's Electricity by 2025 Countries in Asia are forecasted to be using half of the world's electricity by 2025. China is the largest consumer, predicted to consume 33% of global electricity by 2025. To face its giant demand for electricity, Asia has been increasing its use of renewable electricity sources, but in many places, it still relies on coal-fired electricity. Source: Statista [Asia Electricity - Statista 13.02.2023] Don't forget to... [Start trading](113/cXx8Z04/VVtx9t7Fld-MVt0Dxw3VZ5lhW1RGk9h4X8ysxN3Qcf8k2-MK5V1-WJV7CgH4CW5Br_XQ23D0sYW6JPcsv4FRRL-N3s2xwnN-5GHW8BcJgx7Bfj3bW7JSnQx6M7tptW8149S-1L97d8W77FZrD1ld-J5W16HpHP6-VKlCW2p0Lsd3kJHVfW72sryk2q29FlW3f-Wpd7PBl4KW5_h2tC3C1GrMVfJv_08nBQmmW72bhT71tHxKrW5h-7mQ2xBYG5W4rTB0R8vZPggW44nQyR2lkffzW8S8DR71LkKTGW2Nv5jP6B7m4xW1Vzbfz56cCdk3gFh1) [logo_white] [Contact us](mailto:research@flowbank.com) Facebook
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