Baidu terminates $3.6bn purchase of Joyy’s China livestream unit
In a surprising turn of events, Chinese tech giant Baidu has announced the termination of its planned $3.6 billion acquisition…
Facing Roadblocks, China’s Robotaxi Darlings Apply the Brakes
China’s ambitious foray into the realm of autonomous driving and robotaxis has hit a speed bump as some of the…
Canva prepares for $1b stock sale to new investors
Canva, the graphic design and visual communication platform, is gearing up for a significant financial move as it reportedly prepares…
Vertex injects $24.5m in Line-based martech startup
Vertex, a renowned venture capital firm, has recently infused $24.5 million into a line-based marketing technology (MarTech) startup, marking a…
Qiming Venture Partners leads $22m round of Swap Energy
In a recent development in the energy sector, Qiming Venture Partners has taken the lead in a $22 million funding…
Carro’s Road to IPO: Singapore Unicorn Eyes $100M Funding Boost
In the fast-paced world of automotive technology, Singapore-based unicorn Carro is gearing up for an initial public offering (IPO) and…
Moomoo Makes Major Move to Offer Crypto Trading in Singapore
In a strategic move that reflects the evolving landscape of financial markets, Moomoo, a prominent online trading platform, has announced…
Gem Utilizes GenAI to Pioneer TikTok-Styled News Feeds: A Game-Changer in Media Consumption
In an era dominated by short-form content and rapid information consumption, the intersection of technology and media innovation continues to…
Luxshare to Acquire Majority Stake in Pegatron’s iPhone Plant in $296 Million Deal
In a strategic move within the electronics manufacturing industry, Luxshare Precision, a major player in electronic components, is set to…
Chinese Cybercriminals Apprehended for Ransomware Attack Leveraging ChatGPT
In a significant cybersecurity breakthrough, law enforcement authorities have successfully apprehended a group of Chinese cybercriminals responsible for orchestrating a…