OpenAI has appointed ex-Twitch boss Emmett Shear to lead the startup, replacing Sam Altman who will join the company’s top backer Microsoft to lead a new advanced AI research team, the CEO of the software giant said late on Sunday. “We look forward to getting to know Emmett Shear and OAI’s new leadership team and… Continue reading ex-Twitch boss Emmett Shear named OpenAI’s interim CEO; Altman joins Microsoft
Tag: Strategy
The Philippines’ edamama bags $35m led by Ayala’s ACTIVE Fund
The Philippines’ online-to-offline (O2O) parenting platform edamama has raised $35 million in a Series A+ funding round. The fresh investment was led by the Ayala Corporation Technology Innovation Venture (ACTIVE) Fund, the largest venture capital fund in the Philippines, which is managed by Kickstart Ventures and backed by Ayala Corporation (AC) and its subsidiaries. Existing… Continue reading The Philippines’ edamama bags $35m led by Ayala’s ACTIVE Fund
Zepp Health Corporation Reports Third Quarter 2023 Unaudited Financial Results
AMSTERDAM, Nov. 20, 2023 /PRNewswire/ — Zepp Health Corporation (“Zepp” or the “Company”) (NYSE: ZEPP) today reported revenues of RMB0.6 billion (US$82.5 million); a basic and diluted net income per share of RMB0.01 (US$0.002); and a basic and diluted net income per ADS of RMB0.05 (US$0.01) for the third quarter ended September 30, 2023. Each ADS represents… Continue reading Zepp Health Corporation Reports Third Quarter 2023 Unaudited Financial Results
NetDragon Completes US$20M Investment in Rokid, Forms Strategic Partnership to target Metaverse opportunities
HONG KONG, Nov. 20, 2023 /PRNewswire/ — NetDragon Websoft Holdings Limited (“NetDragon” or “the Company”, Hong Kong Stock Code: 777), a global leader in building internet communities, has completed a strategic investment of US$20 million as the lead investor in the latest equity fundraising round of Rokid Corporation Ltd (“Rokid”), and in parallel with the investment,… Continue reading NetDragon Completes US$20M Investment in Rokid, Forms Strategic Partnership to target Metaverse opportunities
Unipart welcomes £4.5 billion government investment in UK manufacturing
OXFORD, England, Nov. 17, 2023 /PRNewswire/ — Unipart, global supply chain and performance improvement technologies partner, has welcomed the Government announcement of a £4.5 billion investment in UK strategic manufacturing sectors. The government announced today (17 November) the funding will be available from 2025 for five years, providing industry with longer term certainty about their… Continue reading Unipart welcomes £4.5 billion government investment in UK manufacturing
Trip.com Group Forms Partnership with China International Culture Association
Trip.com Group Appointed As Partner of Nihao! China to Promote Inbound Tourism SINGAPORE, Nov. 17, 2023 /PRNewswire/ — Trip.com Group has signed a three-year Memorandum of Understanding with the China International Culture Association to promote inbound tourism. Mr James Liang, Co-founder and Chairman of Trip.com Group and Mr Bo Sun, Chief Marketing Officer of Trip.com… Continue reading Trip.com Group Forms Partnership with China International Culture Association
BLS International Wins Another Schengen Global Visa Outsourcing Contract for Slovakia
NEW DELHI, Nov. 17, 2023 /PRNewswire/ — BLS International Services, a global leader in outsourcing services for governments and diplomatic missions, has signed an exclusive global visa outsourcing contract for Slovakia in 18 countries with more than 54 offices. According to industry data, 2.64 million tourists visited Slovakia in 2021, and this number is expected… Continue reading BLS International Wins Another Schengen Global Visa Outsourcing Contract for Slovakia
Hyundai and Amazon partner to deliver innovative customer experiences and cloud transformation
Amazon to launch online vehicle sales in the U.S., starting with Hyundai in 2024, making it more convenient for customers to find and buy their vehicle of choice on Amazon.com and pick it up from their local dealer Hyundai names AWS as its preferred cloud provider to help facilitate digital transformation of the automaker’s operations, production,… Continue reading Hyundai and Amazon partner to deliver innovative customer experiences and cloud transformation
Chiesi Group signed a License Agreement with Haisco Pharmaceutical to develop, manufacture, and commercialise a novel, reversible dipeptidyl peptidase 1 inhibitor for bronchiectasis
Chiesi Group and Haisco Pharmaceutical will collaborate closely to develop HSK31858, a novel reversible dipeptidyl peptidase 1 (DPP1) inhibitor for respiratory diseases. This agreement expands Chiesi’s comprehensive R&D program in bronchiectasis, a respiratory disease with high unmet medical needs, for which no approved treatment is available to date. Haisco Pharmaceutical will receive an upfront payment and… Continue reading Chiesi Group signed a License Agreement with Haisco Pharmaceutical to develop, manufacture, and commercialise a novel, reversible dipeptidyl peptidase 1 inhibitor for bronchiectasis
BioCatch Surpasses $100m USD ARR
BioCatch Becomes Centaur with more than 50% Growth YoY in Annual Recurring Revenue (ARR); Achieves Profitability While Scaling Operations & Global Reach Faster than any Other Behavioral-Powered Digital Fraud Prevention Vendor in History TEL AVIV, Israel and NEW YORK, Nov. 20, 2023 /PRNewswire/ — BioCatch, the global leader in digital fraud and money laundering detection… Continue reading BioCatch Surpasses $100m USD ARR