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Kakao Mobility Fined $54.8 Million for Antitrust Violations

In a significant regulatory move, Kakao Mobility has been fined $54.8 million for violating antitrust laws. This action follows investigations…

Apple Exits OpenAI Funding Round Set to Raise $6.5 Billion

In a surprising turn of events, Apple has announced its decision to exit the ongoing funding round for OpenAI, which…

UAE-Based Social Crowdfunding App Launches in Malaysia: A New Era of Community Empowerment

In a significant move towards fostering community development and social impact, a UAE-based social crowdfunding app has officially launched in…

Malaysian Agritech Startup Qarbotech Raises $1.5 Million for Expansion

In a significant development for the Southeast Asian agritech landscape, Malaysian startup Qarbotech has successfully raised $1.5 million in its…

Shein Lays Off Staff in Singapore Ahead of London IPO: A Strategic Shift in Focus

In a significant move indicative of its evolving business strategy, Shein, the fast-fashion giant known for its affordable and trendy…

PostgreSQL Platform: A New Era for Open Source Databases

In a significant development for the open-source database ecosystem, Supabase has successfully raised $80 million in its latest funding round.…

Eduardo Saverin donates $15m to SG school for STEM

In a landmark moment for education in Singapore, Eduardo Saverin, co-founder of Facebook and a prominent entrepreneur, has made a…

SYNC 2024: Building Southeast Asia’s AI Community

SYNC 2024 is set to be a landmark event for the artificial intelligence (AI) landscape in Southeast Asia, bringing together…

Japan’s NVIDIA-Backed Sakana AI Raises $214 Million, Achieving $1.5 Billion Valuation

Sakana AI, a prominent player in the artificial intelligence sector, has successfully raised $214 million in its latest funding round,…

Animoca Brands Considers Hong Kong IPO Amidst Evolving Crypto Landscape

Animoca Brands, a prominent player in the gaming and blockchain industry, is contemplating an initial public offering (IPO) in Hong…