Alibaba is reportedly in talks to invest US$ 3 billion (S$ 4.1 billion) into Southeast Asian ride-hailing giant Grab Holdings. That’s a fifth of Grab’s last known valuation of US$ 14 billion (S$ 19.1 billion) The e-commerce giant will be acquiring a percentage of the Grab stock held by Uber …
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Automation and Jobs Read our latest special issue. Open Now Nvidia confirmed that it is acquiring processor architecture firm Arm from Softbank for $ 40 billion. The deal confirms after weeks of speculation as well as a report yesterday by the Wall Street Journal. Santa Clara, California-based Nvidia, a maker …
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Automation and Jobs Read our latest special issue. Open Now (Reuters) — Samsung said today it had won a $ 6.64 billion order to provide wireless communication solutions to Verizon in the United States, a major win for the South Korean firm in the next-generation 5G network market. Samsung’s global …
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Forbes has recently released its annual Best Under A Billion list, which highlights 200 publicly-listed small and medium enterprises (SMEs) in the Asia Pacific region with sales under US$ 1 billion. These companies have consistent top- and bottom-line growth, showcasing track records of stellar corporate performance. According to Forbes, this …
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Each year, Forbes releases its Asia’s Best Under A Billion list which highlights 200 publicly-listed SMEs in the Asia Pacific region which have sales under US$ 1 billion. The selected companies showcase consistent top- and bottom-line growth and have track records of exceptional corporate performance. Of the 200 companies listed, …
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VB Transform Watch every session from the AI event of the year On-Demand Watch Now America is poised to invest billions of dollars to remain the leader in artificial intelligence as well as quantum computing. This investment is critically needed to reinvigorate the science that will shape our future. But …
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VB Transform Watch every session from the AI event of the year On-Demand Watch Now (Reuters) — Chinese artificial intelligence company Shanghai Zhizhen Intelligent Network Technology, also known as Xiao-i, has filed a lawsuit against Apple, alleging it has infringed on Xiao-i’s patents. Xiao-i is calling for 10 billion yuan …
Read More »Dr. Anthony Fauci, the nation’s top infectious disease expert, is testifying before a House subcommittee on the coronavirus crisis.CreditCredit…Pool photo by Kevin Dietsch Here’s what you need to know: The deal with Sanofi and GlaxoSmithKline is the biggest so far with the U.S. government. As states scramble to put out …
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VB Transform Watch every session from the AI event of the year On-Demand Watch Now Advanced Micro Devices reported second quarter earnings that beat analysts’ estimates as the company is capitalizing on a rare lead in performance over archrival Intel. The company posted a 26% gain in revenue for the …
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