Taiwanese electric vehicle firm Gogoro has teamed up with Globe Telecom’s 917Ventures and conglomerate Ayala Corporation to bring its smart scooter and battery-swapping technology in the Philippines. Gogoro, which got listed in New York through a merger with a special purpose acquisition company Poema Global in April, will pilot its services in the capital Manila… Continue reading Taiwan’s Gogoro teams up with Ayala, Globe unit to tap PH market
Category: Tech News
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Temasek unit picks up stake in Zomato after Alibaba pares holding
Temasek Holdings has bought a 1.14% stake in India’s Zomato, a day after Alipay Singapore Holding Pte offloaded 3.07% of its shares in the food delivery startup, according to data from the National Stock Exchange. Camas Investments Pte Ltd, an arm of Singapore’s state-owned fund Temasek Holdings, bought 98 million shares of Zomato on Wednesday… Continue reading Temasek unit picks up stake in Zomato after Alibaba pares holding
China Digest: PhiGent Robotics snaps funds; Swiss crypto bank SEBA opens HK office; HK-listed Brainhole Tech plans to buy $3m crypto
Beijing-based autonomous driving solutions provider PhiGent Robotics notches funds, while Swiss crypto bank SEBA Bank opens an office in Hong Kong. Also, Hong Kong-listed Brainhole Tech plans to acquire over $3 million worth of crypto in open market. Xiang He leads PhiGent’s Series A+ round Beijing-based autonomous driving solutions provider PhiGent Robotics has snapped “several… Continue reading China Digest: PhiGent Robotics snaps funds; Swiss crypto bank SEBA opens HK office; HK-listed Brainhole Tech plans to buy $3m crypto
YouTube’s top US videos of 2022 include Technoblade’s farewell and Will Smith’s slap
YouTube has revealed its top videos and creators of 2022. At the top of the US trending video list is the final video from Technoblade, a Minecraft creator who died after a battle with cancer. Technoblade wrote a farewell message to fans that his father read in the video, which has more than 87.6 million views.… Continue reading YouTube’s top US videos of 2022 include Technoblade’s farewell and Will Smith’s slap
LastPass reveals another security breach
LastPass CEO Karim Toubba has revealed that the password manager has been breached again. Toubba said the company detected an unusual activity within a third-party cloud storage service that it shares with its parent company GoTo, which was formerly known as LogMeIn. To investigate the incident, LastPass has teamed up with security firm Mandiant. Together,… Continue reading LastPass reveals another security breach
US bans new Huawei, ZTE telecom equipment, citing national security riskThe move represents Washington’s latest crackdown on Chinese tech giants.
The Biden administration has banned approvals of new telecommunications equipment from China’s Huawei Technologies and ZTE because they pose “an unacceptable risk” to US national security. The US Federal Communications Commission said on Friday it had adopted the final rules, which also effectively bar the sale or import of new equipment made by Chinese surveillance… Continue reading US bans new Huawei, ZTE telecom equipment, citing national security riskThe move represents Washington’s latest crackdown on Chinese tech giants.
Asia Digest: GoPizza secures $45m; Australian startups Vald and Morse Micro raise funding
South Korea-based pizza startup GoPizza closed its Series C funding round at $45 million, while Australian sports tech company Vald and semiconductor maker Morse Micro pocketed $25 million and $30 million, respectively. CJ Investment leads GoPizza’s Series C round South-Korea based pizza brand GoPizza has closed its Series C funding round at $45 million, according… Continue reading Asia Digest: GoPizza secures $45m; Australian startups Vald and Morse Micro raise funding
Gaw Capital completes $540m acquisition of Blackstone’s Japan logistics portfolio
Gaw Capital Partners, a Hong Kong-based private equity real estate fund management firm, has completed a $540-million acquisition of seven fully-leased warehouses in Japan from Wall Street juggernaut Blackstone. Purchased through a fund under its management, Gaw’s first logistics portfolio in Japan has a combined net lettable area of 253,200 square metres spanning across the… Continue reading Gaw Capital completes $540m acquisition of Blackstone’s Japan logistics portfolio
India: Sofina, Temasek bet on DeHaat’s $60m Series E round
DeHaat, the technology-based platform offering end-to-end agricultural services to farmers in India, has raised $60 million in a new funding round co-led by Sofina Ventures and Temasek, per an announcement. The Series E round also saw participation from RTP Global Partners, Prosus Ventures, and Lightrock India, the startup said in a statement. This is DeHaat’s third… Continue reading India: Sofina, Temasek bet on DeHaat’s $60m Series E round
NanoGraf to launch US’s first large-volume silicon oxide factory
Chicago-headquartered NanoGraf Technologies, which claims it has enabled the world’s most energy dense 18650 lithium-ion cell, today announced that it will open the first large-volume silicon oxide factory in the United States. At peak production, NanoGraf will produce 35 tons per year. NanoGraf’s new US high-performance silicon anode materials factory, which is under construction, is in Chicago’s… Continue reading NanoGraf to launch US’s first large-volume silicon oxide factory