Viaframe / GettyImages In September 1991, Scientific American published an article by Mark Weiser, the then head of Xerox’s PARC computer science laboratory, entitled ‘The Computer for the 21st Century‘. In that piece he discussed his ideas for a computing infrastructure that would disappear into the background, calling it “ubiquitous computing”. Special Feature Weiser’s ubiquitous… Continue reading Ambient computing has arrived: Here’s what it looks like, in my house
Category: Tech News
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Remote working: Red Hat tells staff they don’t have to return to the office
Image: Getty Images/d3sign Enterprise Linux heavyweight Red Hat will its nearly 20,000-strong workforce choose whether or not to come back into the office. Red Hat chief people officer Jennifer Dudeck said in a blog post the maker of the enterprise Linux platform Red Hat Enterprise Linux is going for an “office-flex” model where it allows… Continue reading Remote working: Red Hat tells staff they don’t have to return to the office
Samsung vows to produce net zero carbon emissions by 2050
Samsung has made a commitment to achieve net zero carbon emissions for the whole company by 2050 and will spend KRW 7 trillion (US$5 billion) over the next seven-and-a-half years to make that happen. While its plans are likely not as aggressive as Microsoft’s, which previously promised to be carbon negative by the end of… Continue reading Samsung vows to produce net zero carbon emissions by 2050
SEA Digest: CLA Real Estate launches life-sciences investment firm; Bitkub teams up with Asiasoft
CLA Real Estate Holdings has set up an investment firm focusing on life-sciences companies while Bitkub Ventures has formed a 50-50 joint venture with local game and entertainment operator Asiasoft. Temasek arm sets up life-sciences investment firm CLA Real Estate Holdings, the indirect wholly-owned subsidiary of Singapore state investor Temasek, has announced the establishment of… Continue reading SEA Digest: CLA Real Estate launches life-sciences investment firm; Bitkub teams up with Asiasoft
Blackstone-backed PAG buys Aussie food brands Patties and Vesco for nearly $472m
Hong Kong-based investment manager PAG has acquired Australian food manufacturers Patties Foods and Vesco Foods for a combined amount of nearly A$700 million ($472 million), according to a source familiar with the deal. The acquisitions are expected to be completed in the first half of 2023, said the source. Go to Source
Grab rethinks food delivery strategy as diners return to the table
The Southeast Asian food delivery business thrived during the pandemic, and Singapore-based Grab was one of the most successful in a crowded field. But as the pandemic recedes and diners begin to venture out again, companies are under pressure to adjust their business models to meet new challenges. Go to Source
Ethereum will use less energy now that it’s proof-of-stake
/ The Merge has merged Illustration by Nick Barclay / The Verge Ethereum, the second-largest cryptocurrency, has switched to proof-of-stake, cutting its energy demands. The transition, which has been in the works since 2016, won’t change much for the average Ethereum user, but it sidelines miners. The switchover began on September 6th, when the Bellatrix… Continue reading Ethereum will use less energy now that it’s proof-of-stake
CVC Capital Partners picks 60% stake in Vietnam-based Phuong Chau HospitalCVC’s first investment in Vietnam was in Asia Commercial Bank
CVC Capital Partners has invested in Vietnam-based Phuong Chau Trade and Investment JSC, the operator of the Phuong Chau-branded maternal and infant care hospitals in southern Vietnam. The Luxembourg-based investment firm has updated its portfolio with Phuong Chau as the second deal in Vietnam, following an investment in Asia Commercial Bank in 2017. Go to… Continue reading CVC Capital Partners picks 60% stake in Vietnam-based Phuong Chau HospitalCVC’s first investment in Vietnam was in Asia Commercial Bank
Indonesian crypto exchange Reku bags $11m in first institutional fundraisingThe startup will add 50 new team members to the current 80.
Indonesian crypto exchange and marketplace Reku has bagged $11 million in a Series A funding round led by AC Ventures with participation from Coinbase Ventures and Skystar Capital, the firm said on Thursday. This marked Reku’s first institutional fundraising. The startup, formerly known as Rekeningku.com, will utilise the fresh investment to unveil new offerings and… Continue reading Indonesian crypto exchange Reku bags $11m in first institutional fundraisingThe startup will add 50 new team members to the current 80.
Data Vantage: Fazz, McEasy report funding updates, others file financials
Fintech firm Fazz, formerly known as FAZZ Financial Group, on Wednesday announced it has secured $100 million in a Series C round that comprised equity and debt financing. The announcement confirmed a DealStreetAsia report in June on the startup’s plans to raise a minimum of $100 million in new funding and of having secured at… Continue reading Data Vantage: Fazz, McEasy report funding updates, others file financials