• Thu. Mar 28th ,2024

News

Australia: Optus allowed to send customer identification data to banks

Banks and government agencies in Australia will reportedly be receiving identification data of customers who were impacted by the breach at Sydney-based telecom firm, Optus, last month. The information would be released as part of efforts aimed at putting more checks in place to protect those who ha

Hong Kong: 2nd round of $1.3M cash subsidy scheme opens for applicants

The government of Hong Kong has reportedly started accepting applications for the second round of its $1.3 million cash-subsidy program as it brought its hotel quarantine requirements for travelers to an end last week. As per reports, the moves comes as the region expects to attract more fintech

South Korea unveils $916 million strategy to lead global AI sector

The South Korean government has reportedly unveiled a blueprint to become a global leader in digital innovation, aiming to become the third most digitally competitive country by 2027. President Yoon Suk-yeol stated that the government will bring up its global competitiveness in artificial intelli

Eros Investments unveils mythology inspired Web3.0 Metaverse IMMERSO

Indian holding firm, Eros Investments, which focuses on ventures in global media, entertainment, and technology, has reportedly launched IMMERSO, a Metaverse that is inspired by ancient mythology, with elements of pre-historic sci-fi, fantasy, and adventure. The metaverse universe has 14 realms,

Swiss biotech startup Hedera Dx raises $13.7Mn in seed funding

Switzerland-based biotech startup, Hedera Dx, has reportedly raised €14 million ($13.7 million) to accelerate the adoption of liquid biopsy in cancer treatments and bring cutting-edge treatment options to patients globally. Cancer is one of the most prevalent illnesses across the world, with

UK watchdog wants deeper probe into Microsoft-Activision Blizzard deal

UK regulator, Competition and Markets Authority (CMA), has reportedly called for an in-depth investigation of the $68.7 billion acquisition deal of game studio Activision Blizzard by tech giant Microsoft, signaling yet another trouble for the deal, deemed the largest ever in the gaming industry.

JPMorgan Chase set to take over payments startup Renovite

American investment bank JPMorgan Chase & Co. has reportedly agreed to acquire the fintech startup Renovite to keep threats from fintech firms like Block, Inc, and Stripe at bay. The acquisition of the California-based startup is anticipated to accelerate JPM’s ability to deliver new of

S’pore: Whampoa Group to invest $100Mn via VC fund in digital assets

Leading Singapore-based investment group, Whampoa Group, is reportedly planning to increase investments in digital assets by deploying around $100 million in startups focusing on the segment via a venture capital fund. For the record, Whampoa Group is a co-founded establishment by Lee Kuan Yew, Sin

Uber Eats, Nuro ink 10-year deal for autonomous food deliveries

Online food ordering and delivery platform, Uber Eats, has reportedly inked a ten year contract with autonomous driving firm, Nuro, to have its deliveries done by a driverless delivery pod in Texas and California. The announcement came after the two companies went through 4 years of continuous st