Three Asian tech companies have recently appointed female CEOs to spearhead their operations, including Binance Labs, the investment unit of crypto exchange giant Binance; SCB10X, the venture capital arm of Thai conglomerate SCBX; and Singapore-based fintech company Robocash. Binance co-founder Yi He is new head of its VC arm Binance, the world’s largest cryptocurrency exchange,… Continue reading People Digest: Binance Labs, SCB10X, Robocash appoint women leadersNatalya Ischenko will be the new CEO of Robocash
Category: Tech News
Category Added in a WPeMatico Campaign
Toyota-backed robotaxi unicorn Pony.ai sues ex-employees over trade secrets
Pony.ai, a Chinese autonomous vehicle company valued at $8.5 billion as of late, has sued two former employees over alleged trade secret infringement. The lawsuit is arriving months after Frank (Zhenhao) Pan and Youhan Sun, two former technical leaders at Pony’s autonomous trucking business in the U.S., resigned to start a competitor called Qingtian Truck.… Continue reading Toyota-backed robotaxi unicorn Pony.ai sues ex-employees over trade secrets
US Attorneys General will take legal action against telecom providers enabling robocalls
The Attorneys General of all 50 states have joined forces in hopes of giving teeth to the seemingly never-ending fight against robocalls. North Carolina AG Josh Stein, Indiana AG Todd Rokita and Ohio AG Dave Yost are leading the formation of the new Anti-Robocall Litigation Task Force. In Stein’s announcement, he said the group will… Continue reading US Attorneys General will take legal action against telecom providers enabling robocalls
Singapore’s Fullerton Health completes merger with buyout firm RRJ CapitalThe merger involves an equity injection by RRJ Capital and a senior loan tot…
Singapore-based Fullerton Health Corporation on Thursday announced the completion of its merger with Asian buyout firm RRJ Capital after settling a dispute with two of its co-founders. The transaction involves an equity injection by RRJ Capital and a senior loan totalling S$390 million (about $283 million) to the pan-Asian health provider. It also calls for… Continue reading Singapore’s Fullerton Health completes merger with buyout firm RRJ CapitalThe merger involves an equity injection by RRJ Capital and a senior loan tot…
SoftBank nets $22b through Alibaba derivatives sale, says report
Japan’s SoftBank Group has raised as much as $22 billion in cash by selling a slice of its stake in Alibaba through prepaid forward contracts, according to a Financial Times report. The report said the group, led by Masayoshi Son, has so far executed the sale of about a third of its Alibaba stake through… Continue reading SoftBank nets $22b through Alibaba derivatives sale, says report
Data Vantage: A profitable 2021 for over 40 SG-registered firms, show latest filings
Singapore-based live streaming and social media platform Bigo Live had a banner year in 2021 as its revenue grew 42.8% to $2.07 billion as Asians consumed more online content during the pandemic period. Its revenue growth translated to $258.7 million in profit before taxes, more than 10 times the value recorded in the previous year… Continue reading Data Vantage: A profitable 2021 for over 40 SG-registered firms, show latest filings
Xona Space Systems Raises Funding
Xona Engineer Nick Manglaviti setting up hardware-in-the-loop testing at Xona’s R&D lab in San Mateo, California. (Photo: Xona Space Systems) Xona Space Systems, a San Mateo, CA-based pioneer in navigation technologies from Low Earth Orbit (LEO), raised a financing round that brings their total funding to over $25M. The round was led by First Spark Ventures… Continue reading Xona Space Systems Raises Funding
Clean Tecnica: Excitement Builds in the Australian Tesla Model Y Community 002152
The experience of one new Tesla owner epitomizes the excitement in the Tesla Model Y community in Australia as they track shiploads of Model Ys coming from China and watch the expected times of delivery for new orders blow out. Michelle ordered her Model Y in the few minutes after she got her email saying… Continue reading Clean Tecnica: Excitement Builds in the Australian Tesla Model Y Community 002152
FAA Greenlights Adorable Flying Car for Test Flights
“Artists dream the future, and that future is filled with flying cars.” The Switchblade The Federal Aviation Administration (FAA) has deemed a prototype of the Samson Sky Switchblade — a street-legal three-wheeler that’s capable of vertical take off and landing (VTOL) — airworthy and ready for trial flights, according to local news station KOIN. It’s… Continue reading FAA Greenlights Adorable Flying Car for Test Flights
Scientists Pump Pig Corpses With Artificial Blood to “Partially Revive” Organs
Image by Getty Images/Futurism Poor pigs. Not only do we enjoy them as a tasty meal, we subject them to all sorts of bizarre and ungodly experiments. This might be the weirdest, most impressive one yet, though: a team of researchers were able to “partially revive” the organs of pigs that had been dead for… Continue reading Scientists Pump Pig Corpses With Artificial Blood to “Partially Revive” Organs