Musk sues OpenAI, Sam Altman for straying from nonprofit path
Elon Musk, the tech billionaire and co-founder of OpenAI, has filed a lawsuit against the organization and its former CEO,…
Decline in SEA Startup Salaries in 2023, with Exceptional Rise for Senior Hires
In the ever-evolving landscape of Southeast Asia’s startup ecosystem, 2023 witnessed a notable trend: a decline in average salaries across…
Thai bank SCBX acquires Home Credit Vietnam in $866m deal
In a strategic maneuver aimed at bolstering its presence in the vibrant Southeast Asian market, the Thai bank SCBX has…
SG fintech firm Nium snags payments license in Japan
In a significant milestone for the global fintech landscape, Singapore-based financial technology firm Nium has achieved a major breakthrough by…
Baidu Back on Track: Revenue Growth Rebounds After 2022 Dip
Chinese tech giant Baidu is back in the growth lane after experiencing a revenue decline in 2022. The company recently…
Qatari sovereign fund to invest $1b in international, regional VCs
Qatar’s sovereign wealth fund, the Qatar Investment Authority (QIA), is launching a $1 billion venture capital fund-of-funds program. This initiative…
Coupang’s revenue up in Q4, developing offerings unit losses widen
South Korean e-commerce giant Coupang reported mixed results for its fourth quarter of 2023. While its core product commerce segment…
Fueling Growth: Singapore-Based B2B Payments Firm Secures $5.2 Million in Insignia Ventures-Led Round
In a significant boost to Singapore’s fintech landscape, a dynamic B2B payments firm has successfully closed a funding round led…
Truecaller’s Breakthrough: Introducing Call Recording and Transcription Services to India
In a significant leap forward for communication technology in India, Truecaller, the popular caller identification app, has announced the rollout…
Armenia’s 10Web Brings AI Website-Building to WordPress
In a move that is set to revolutionize the landscape of website development, Armenia-based tech company 10Web has introduced an…