Latest news and trends about tech
Indonesian parking solutions provider Soul Parking sees revenue soar 100 times in past three years
Soul Parking, an Indonesia-based tech-enabled firm ininnovative parking solutions, has on Tuesday announced a remarkable 100 times growth in its topline revenue over the past three years. It also said the firm will soon act as a key charging infrastructure player, as the nation heads into an electric vehicle transition.
VinFast and Black Spade complete business combination
Vietnamese automaker VinFast Auto Ltd. (VinFast) and Black Spade Acquisition Co (Black Spade) have on Monday announced the completion of their previously announced business combination. The listed company shares and warrants will commence trading on the Nasdaq Stock Market LLC (Nasdaq) under the ticker symbols “VFS” and “VFSWW,” respectively, on August 15,…
Singapore’s multi-currency e-wallet YouTrip launches Apple Pay
Singapore’s multi-currency e-wallet YouTrip has rolled out Apple Pay integration, providing users a more seamless way to pay for in-store purchases, online transactions and public transport.
Singapore’s Play Ventures’ Fund I generates 1.5 times return in less than four years
Singapore-based gaming venture capital firm Play Ventures announced Monday that its debut Fund I has generated a return of 1.5 times to investors in distributed capital (DPI) in less than four years. With 20 companies remaining in the portfolio and six years to go in the fund lifetime, that figure is set to further increase significantly.
MAS finalizes stablecoin regulatory framework
The Monetary Authority of Singapore (MAS) has on Tuesday announced the features of a new regulatory framework that seeks to ensure a high degree of value stability for stablecoins regulated in Singapore. The regulatory framework takes into account feedback received, following an October 2022 public consultation.
Data breaches cutting like a razor blade? Here are 4 ways to protect your business
To effectively navigate the complexities of managing cybersecurity in today's business landscape, most companies must first prioritize awareness and training. Establishing a robust security culture is paramount, not only to safeguard their own interests but also to protect their customers' data from internal and external threats.
Hong Kong’s Xverse raises $5M in seed funding round led by Jump Crypto
Hong Kong-based bitcoin wallet Xverse has raised $5 million in seed funding round led by Jump Crypto. The round also saw participation from RockawayX, Sfermion, Alliance, NGC Ventures, V3ntures, Old Fashion Research, 2140 Bitcoin Ecosystem Fund, Bitcoin Frontier Fund, Newman Capital, Franklin Templeton, New Layer Capital, Miton C, Gossamer Capital, Daxos…
Malaysia’s KGW Logistics collaborates with UTHM to introduce hands-on learning in logistics and e-commerce
KGW Group Berhad, a Malaysia-based logistics services provider, has via its wholly-owned subsidiary KGW Logistics (M) Sdn Bhd, joined forces with Universiti Tun Hussein Onn Malaysia (UTHM) to establish an Enterprise Trade Hub. This collaboration is designed to empower students with a hands-on learning experience in the world of logistics and e-commerce.
Fourier Intelligence delivers advance rehab robotics center to WQ Park in Malaysia
China-based technology firm Fourier Intelligence has delivered an advance rehab robotics center to the newly launched WQ Park in Kuantan, to empower accessible rehabilitation technology for Malaysia's East Coast.
Binance Labs commits $10M to Helio Protocol to advance the LSDfi revolution
Binance Labs, the venture capital and incubation arm of Binance, has committed $10 million to Helio Protocol, a USD-pegged over-collateralized stablecoin. This strategic funding round emphasizes Binance Labs' dedication to supporting innovative projects that are set to shape the next era of DeFi.
