Amazon wants every smart home device to work with its Alexa ecosystem, and it says Matter is key to achieving that goal. “We really believe in ambient intelligence — an environment where your devices are woven together by artificial intelligence so they can offer far more than any device could do on its own,” Marja… Continue reading Amazon says Matter really matters to its smart home ambitions
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The Great Fiction of AI
my_novel.txt credits.ods my_novel.txt headline.txt On a Tuesday in mid-March, Jennifer Lepp was precisely 80.41 percent finished writing Bring Your Beach Owl, the latest installment in her series about a detective witch in central Florida, and she was behind schedule. The color-coded, 11-column spreadsheet she keeps open on a second monitor as she writes told her… Continue reading The Great Fiction of AI
Toshiba said to have selected Bain, CVC, Brookfield, Japan funds for second bidding roundBrookfield’s proposal is for a capital alliance that would se…
Japan’s Toshiba Corp. has selected four bidders including private equity firms Bain Capital, CVC Capital Partners and Brookfield Asset Management to proceed to a second bidding round, people briefed on the matter said. The race for what could be the country’s biggest buyout deal this year gathers pace as the four bidders are now invited to conduct… Continue reading Toshiba said to have selected Bain, CVC, Brookfield, Japan funds for second bidding roundBrookfield’s proposal is for a capital alliance that would se…
Barclays sets up Taiwan subsidiary, to offer brokerage services
British bank Barclays Plc said on Wednesday it had received approval from Taiwanese authorities to set up a subsidiary, providing brokerage and underwriting services to its global and Taiwanese corporate and institutional clients. Through the establishment of its wholly-owned subsidiary, Barclays Securities Taiwan Ltd, the company said in a statement that it aims to leverage its global corporate and… Continue reading Barclays sets up Taiwan subsidiary, to offer brokerage services
Indonesian energy firm Indika weighs $2b EV venture with Taiwan’s Foxconn
Indonesia’s PT Indika Energy is considering jointly investing $2 billion with Taiwan-based Foxconn on electric vehicle (EV) manufacturing, batteries and energy storage, a top Indika executive told Reuters on Wednesday. Indika like many energy companies has been diversifying its businesses beyond coal amid a global push to end use of fossil fuels. A partnership was established between Foxconn, Indika and three other… Continue reading Indonesian energy firm Indika weighs $2b EV venture with Taiwan’s Foxconn
India Digest: Fitterfly snags $12m in Series A; First Cheque closes Fund II
Fitterfly, a healthtech startup working in the field of digital health and therapeutics, on Wednesday announced that it has raised $12 million in its Series A funding round. In another development, First Cheque has closed its second fund at $5 million (Rs 38 crore). Fitterfly snags $12m funding Fitterfly, a healthtech startup working in the… Continue reading India Digest: Fitterfly snags $12m in Series A; First Cheque closes Fund II
Prime Air: Amazon officially rolls out drone delivery to customers
Amazon It’s official. After years of development announcements, Amazon will be rolling out delivery by drone for Prime customers in areas of California and Texas. While that’s a small slice of customers for now, this news couldn’t be more important for the commercial drone sector, which gathering tons of momentum over the last months momentum.… Continue reading Prime Air: Amazon officially rolls out drone delivery to customers
Qatar telco Ooredoo in talks to sell Myanmar unitThe move would mark the exit of the country’s last foreign telecom operator
Qatari telecommunications firm Ooredoo is in talks to sell its Myanmar unit in what would mark the exit of the country’s last foreign telecoms operator, two people familiar with the matter told Reuters. The people said Doha-based Ooredoo has informed Myanmar’s Posts and Telecommunications Department (PTD), the country’s regulator, of its intention to sell a… Continue reading Qatar telco Ooredoo in talks to sell Myanmar unitThe move would mark the exit of the country’s last foreign telecom operator
SG Digest: Ada buys SingPost’s e-comm arm; Ethlas partners Canada’s LayerZero
Analytics and e-commerce solutions provider Ada has acquired the e-commerce arm of postal service operator Singapore Post (SingPost). Separately, Singapore-based GameFi firm Ethlas is looking to enable users across other blockchains to access its metaverse through a partnership with Canada-headquartered LayerZero Labs. Ada acquires e-commerce arm of SingPost Analytics and e-commerce solutions provider Ada has… Continue reading SG Digest: Ada buys SingPost’s e-comm arm; Ethlas partners Canada’s LayerZero
Facebook, Twitter raise doubts over independence of India content appeal panel
US lobby groups representing Facebook and Twitter are concerned India‘s plan to form a government panel to hear appeals against content moderation decisions could lack independence, documents seen by Reuters show. The proposed policy change is the latest flashpoint between India and technology giants which have for years said stricter regulations are hurting their business and investment plans. It also comes as India clashes with Twitter in a high-profile… Continue reading Facebook, Twitter raise doubts over independence of India content appeal panel