Category: Tech News

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Hyperkin has made a handheld Sega Genesis that plays original carts

/ The Mega 95 is equipped with a five-inch screen and can be docked to a TV if you want to play on a big screen with additional controllers plugged in. By Jon Porter, a reporter with five years of experience covering consumer tech releases, EU tech policy, online platforms, and mechanical keyboards. Share this… Continue reading Hyperkin has made a handheld Sega Genesis that plays original carts

India Digest: SentinelOne buys PingSafe; Riskcovry snags $4.5m in bridge roundRiskcovry plans to use the funds to push towards profitability and close…

SentinelOne’s deal to acquire PingSafe values the young startup at over $100 million, while insurtech startup Riskcovry said it has raised around $4.5 million in a bridge round. SentinelOne buys PingSafe for over $100m SentinelOne’s deal to acquire PingSafe values the Peak XV-backed young startup at over $100 million, TechCrunch reported. The New York Stock… Continue reading India Digest: SentinelOne buys PingSafe; Riskcovry snags $4.5m in bridge roundRiskcovry plans to use the funds to push towards profitability and close…

South Korea’s SK Hynix raises $1.5b in dollar bond deal

South Korea’s SK Hynix raised $1.5 billion in a two-tranche dollar bond deal, according to a term sheet, with strong demand from investors leading to tighter pricing. The company, which is the world’s second largest memory chipmaker, raised $500 million in a three-year bond and $1 billion in a five-year bond, the term sheet that… Continue reading South Korea’s SK Hynix raises $1.5b in dollar bond deal

Thailand to roll out digital wallet scheme by May

Thailand’s plan to kick-start its economy via a $14.3-billion ‘digital wallet’ handout programme will proceed by May, Prime Minister Srettha Thavisin told reporters on Tuesday. His comments come after the Office of the Council of State, an independent panel that provides legal advice to governments, found no reason that would prohibit Srettha’s cabinet from borrowing… Continue reading Thailand to roll out digital wallet scheme by May

SG’s Silicon Box claims ‘unicorn’ tag after raising $200m in Series B

Silicon Box, a Singapore-based semiconductor design and device integration services startup, claims to have reached a valuation of over $1 billion, minting it as the region’s latest unicorn, after raising $200 million in Series B funding. DealStreetAsia first reported in December that the company had raised at least $139.4 million in its Series B funding… Continue reading SG’s Silicon Box claims ‘unicorn’ tag after raising $200m in Series B

Asia Partners closes second growth fund at $474m; AUM crosses $1bIFC, DEG, and DFC are among the LPs in the fund.

Singapore-based private equity firm Asia Partners has closed its second fund, Asia Partners II LP, at $474 million, according to a statement on Tuesday. While the company had not announced any official target for the vehicle, the International Finance Corporation (IFC), in a disclosure early last year, had indicated that Asia Partners II had a… Continue reading Asia Partners closes second growth fund at $474m; AUM crosses $1bIFC, DEG, and DFC are among the LPs in the fund.

Ameba Capital raises over $70m for new RMB fund focused on AI-generated content

Chinese venture capital firm Ameba Capital, which specialises in enterprise services and IT, has raised 500 million yuan ($70.4 million) for its latest RMB-denominated fund.  The new fund counts Chengdu Hi-tech Industrial Development Zone (CDHT) Angel Investment Guidance Fund, a 10-billion-yuan ($1.4 billion) state-affiliated Fund of Funds (FOF) launched in February 2022, as its major… Continue reading Ameba Capital raises over $70m for new RMB fund focused on AI-generated content

Data Vantage: Funding Societies, Finn, Lifepal, SCI Ecommerce and Buymed report updates

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Scientists Say Stimulating Part of Brain Makes Subjects Easier to Hypnotize

Image by Getty / Futurism Scientists at Stanford University have discovered how to use magnetic pulses to more easily induce hypnosis, a fascinating study published in the journal Nature Mental Health claims. To be clear, the method — clunkily dubbed the Stanford Hypnosis Integrated with Functional Connectivity-targeted Transcranial Stimulation, or SHIFT for short — doesn’t… Continue reading Scientists Say Stimulating Part of Brain Makes Subjects Easier to Hypnotize