Yimie Yong
Binance pleads guilty to US money laundering violations, CEO Changpeng Zhao steps down
Binance’s Founder and Chief Executive Officer, Changpeng Zhao, a Canadian national, also pleaded guilty to failing to maintain an effective anti-money laundering (AML) program, in violation of the BSA and has resigned as CEO of Binance.
November 22, 2023
Sam Altman will return as OpenAI CEO after staff threatened to resign
Altman’s departure follows a deliberative review process by the board, which concluded that he was "not consistently candid in his communications with the board", hindering its ability to exercise its responsibilities. The board no longer has confidence in his ability to continue leading OpenAI, the statement added.
November 22, 2023
Singapore,Deep Tech,Partner Event
X-PITCH 2023 global winners announced: celebrating innovation excellence in DeepTech startups
The competition featured unconventional semi-finals conducted on Singapore River bumboats - a groundbreaking first for the global startup arena.
November 17, 2023
News,SEA,Mergers and Acquisitions,China
China’s Meituan explores deal for Delivery Hero’s Southeast Asia arm Foodpanda – report
Meituan has held talks with Delivery Hero about buying Southeast Asian operations that run under the Foodpanda brand, the people said.
November 17, 2023
News,Malaysia,Thailand,Features,SEA,Indonesia
Malaysia’s unicorn Carsome cutting “hundreds of jobs” to reach profit – report
Carsome “makes adjustments to its workforce where necessary,” the company said in an emailed response to Bloomberg's questions, declining to comment on specific numbers. “We remain committed to investing in all of our current markets and plan to accelerate profitable growth in 2024.”
November 17, 2023
News,SEA,TechNode Event,Events,China,FinTech
Ant Group Digital Technologies says its international business operation increases 300% in the past year
Ant Group Digital Technologies announced that its revenue from its international business operation has increased by 300 percent in the past year, with key markets including Malaysia, Indonesia, the Philippines and other emerging economies.
November 15, 2023
[COMEUP 2023] La French Tech Seoul wraps up its Tech4Good Tour 2023 in Korea with annual Tech4Good Summit & Startup Pitch Contest Awards
The 2023 edition of Tech4Good focused on the themes of Deep Tech and Green Tech.
November 14, 2023
News,Investments,Asia,Venture Capital
COMEUP 2023 opens in Seoul, aims to become a truly global event
COMEUP 2023 will be held at Dongdaemun Design Plaza in Seoul, South Korea from Nov 8 to 10, and will also be available online, through a livestream.
November 8, 2023
Thailand’s SCG’s IoT unit, powered by Tuya Smart, eyes China market
The Tuya Innovation Roundtable (Asia Pacific) on Oct 18 in Bangkok also includes presentations by all three companies, a panel discussion and interview sessions. Media representatives were also given the opportunity to experience “mind” smart home solutions and some other IoT products and services developed by SCG.
November 8, 2023