Latest news and trends about tech
US-based NVIDIA partners Taiwan’s Foxconn to build factories and systems for the AI industrial revolution
American multinational technology company NVIDIA has on Tuesday announced that it is collaborating with Taiwanese multinational electronics contract manufacturer Hon Hai Technology Group (Foxconn) to accelerate the artificial intelligence (AI) industrial revolution.
Y Combinator-backed stock trading platform Cera rolls out in the Philippines
Cera, a United States stock trading platform backed by Y Combinator, in partnership with Fireblocks, announced its Beta launch, allowing Filipinos and anyone anywhere in the world to invest in US stocks using stablecoins.
REDtone partners UK’s Informed Solutions to supercharge Malaysia’s digitalization agenda
Malaysian digital service provider REDtone Digital Berhad (REDtone) and United Kingdom-based technology solutions provider Informed Solutions have announced a strategic partnership to offer digital transformation platforms and solutions powered by Artificial Intelligence (AI) to supercharge Malaysia’s digitalization agenda.
China’s LONGi invests $380M to set up solar PV manufacturing base in Malaysia
Chinese photovoltaics company LONGi Green Energy Technology Co is setting up a solar photovoltaic (PV) manufacturing facility in Malaysian with an investment of MYR 1.8 billion ($380 million).
Climate tech investment falls 40 percent amid economic uncertainty: PwC
Climate tech investments from venture-capital and private equity fell 40 percent in 2023 as economic uncertainty and geopolitical conflict dent investor confidence, according to PwC’s 2023 State of Climate Tech report, published on Tuesday.
Australia’s Digital Classifieds Group acquires Lamudi Indonesia & Philippines
Australian-based Digital Classifieds Group (DCG) has acquired the online property marketplaces in Indonesia and the Philippines in a newly confirmed acquisition of the Lamudi assets from the dubizzle Group (formerly EMPG). The deal follows DCG’s acquisition of the leading Bangladeshi portal, Bproperty, in January 2023 and propels the group to be Asia’s…
Philippines’ top crypto traders form association to advocate crypto investment literacy
As crypto adoption continues to grow in the country, top cryptocurrency traders have formally announced the formation of the Innovative Movement of the Philippine Association of Crypto Traders (IMPACT).
India’s BIVA Analytics raises $500,000 in funding led by Equanimity Ventures
BIVA Analytics, an India-based plug and play analytics platform, has on Monday announced the successful completion of its seed round funding, raising $500,000. This round was led by Equanimity Ventures, with participation from T-Hub, SucSeed Ventures, WarmUp Ventures and value-additive angels.
Malaysia’s Ni Hsin inks deal with USM, FOCUS and TAILG to promote electric mobility
Ni Hsin EV Tech Sdn. Bhd. (NH EV TECH), a wholly-owned subsidiary of Main Market-listed Ni Hsin Group Berhad (Ni Hsin), has signed a collaboration cum donation agreement (CDA) with Universiti Sains Malaysia (USM), Focus Applied Technologies Sdn Bhd (FOCUS) and Dongguan Tailing Electric Vehicle Co., Ltd. (TAILG), with the aim to assist Malaysia to promote…
MoneyHero completes business combination with Bridgetown
CompareAsia Group Capital (MoneyHero), a financial products platform in Greater Southeast Asia, has completed its previously announced business combination with Bridgetown, a special purpose acquisition company formed as a collaboration between Pacific Century Group and Thiel Capital Thiel Capital. The completion of the business combination values…
