Feeling ‘super bad’ about economy, Elon Musk wants to cut 10% of Tesla jobs, pauses hiring – report
The message also came two days after the world's richest man told employees to return to the workplace or leave the company.
Indonesia’s Traveloka nears $200M funding after SPAC talks – report
Traveloka had been valued at $3 billion, according to CB Insights, but Bloomberg reported in 2020 that it was seeking funds at a lower valuation.
Taking traditional gaming to the Metaverse, an interview with Red Door Digital’s Joseph Derflinger [Q&A]
Founded in 2021, Red Door Digital aims to take the ultra traditional gaming experience to the metaverse. The company is a global-to-local Web 3.0-ready game studio and publisher…
Shell invests in Malaysia’s smart mobility solution provider ParkEasy
Shell Malaysia Trading Sdn Bhd announced Friday that it has agreed to acquire 50 percent shareholding in Pixelbyte Sdn Bhd, the company operating ParkEasy – a mobile application…
FTX launches cryptocurrency service in Japan
FTX Trading Ltd.(FTX), a Bahamas-based cryptocurrency exchange, announced Thursday that it has launched FTX Japan to service Japanese customers. FTX Japan, operating via FTX Japan…
Applications are now open for TiE SEA Women’s Pitch Competition 2022
Shortlisted candidates will be judged by a panel of regional VC’s, entrepreneurs, ecosystem leaders and tech corporate executives, and will also get networking opportunities with…
Most digital banks are not profitable, Simon-Kucher study shows
Simon-Kucher said Thursday that it estimates there are currently close to 400 neobanks around the world, together serving nearly one billion client accounts. However, despite…
Indonesian agritech startup Eratani gets $1.6M fresh funding led by Trihill Capital
Eratani, an Indonesia-based agri-tech start-up company, said Thursday it has officially received initial funding of 23 billion Rupiah ($1.6 million) from 29 investors led by…
Climate financing: A failure of current systems of accountability?
As we seek better and tighter structures to dish out climate finance, there is increasing rhetoric on both the good and bad that blockchain technology brings. It is up to us as…
Allianz Insurance Singapore expands its digital capabilities with Fermion’s SaaS claims platform and enters the Singapore Motor Insurance ecosystem
The digital claims platform helps deliver a better customer experience and enables the insurer to attain robust claims management and cost control capabilities.
NEA leads $70M Series C round in Indonesian social commerce platform Super
Super, an Indonesia-based social commerce platform serving tier-2 and tier-3 cities and Indonesian rural areas, announced Thursday that it has completed a $70 million…
India’s Gupshup acquires omnichannel customer service platform OneDirect for global businesses
Gupshup, an India-based conversational engagement firm, announced Thursday the acquisition of OneDirect, the omnichannel, artificial intelligence (AI)-enabled customer service…
Malaysia’s home services platform Kaodim to cease operations next month
The prolonged COVID lockdowns and their “knock on” effects in the form of operational disruptions, labor shortages and higher running costs have significantly impacted its…
Binance Labs closes $500M investment fund to boost blockchain, Web3, and value-building technologies
Binance Labs, the venture capital and incubation arm of Binance, announced Wednesday the closing of a new $500 million investment fund with support from leading global…
