Singapore Constricts Monetary Policy as Price Inflates

Singapore's central bank unpredictably stiffened its monetary policy, delivering its first such move in three years, amid mounting cost pressures...

Munich Re Ventures secures $622 mn in funding round

Munich Re Ventures (MRV), the venture capital division of Munich Re Group, has shut down its $500 mn) Munich Re Fund II. The investment major...

Prince Harry, Meghan Tie up with Fintech Ethic

Prince Harry and his wife Meghan are associating with fintech major Ethic, that invests in the environmental, social and governance-focused (ESG)...

IMF Supports Georgieva Post World Bank Data-rigging Claims

The International Monetary Fund’s (IMF) executive board has voiced its full confidence in Managing Director Kristalina Georgieva after reviewing...

Mavenir Appoints Dipesh Ranjan as SVP & Head of Asia- Pacific Region

Mavenir, the industry’s only end-to-end cloud-native network software provider has announced the appointment of Dipesh Ranjan to Senior Vice...

TSMC & Sony Associate on new $7bn Chip Plant in Japan

Chipmaker Taiwan Semiconductor Manufacturing Company (TSMC) and the Sony Group are reportedly considering joint construction of a semiconductor...

LumApps Onboards Three New Directors for Executive Committee to Fortify International Presence

The leading employee experience platform, LumApps has announced the appointment of three new directors to its executive committee. Chris...

Insurer Chubb to Take Over Cigna's Biz in Asia, Turkey for $5.8 bln

U.S. insurer Chubb has intended to buy health insurer Cigna Corp's (CI.N) life, accident, and supplemental benefits businesses in Asia Pacific...

Ireland to Join OECD International Tax Deal

The Irish government has agreed to join an international agreement to reform the global tax rules to address the challenges arising from the...

24-7 Intouch buys Goodbay Technologies

24-7 Intouch and Goodbay Technologies are leaders in the customer care industry, focused on pairing the customer experience with best-in-class...

German insurtech startup Getsafe appends $63 million to its Series B

Getsafe has extended its Series B round that it previously announced in December 2020. In addition to its original Series B round of $30...

Japanese startup Bisu secures $3.2M seed round to launch its lab-on-a-chip product

The adoption of telehealth services has boomed in the pandemic — with usage up 38-fold since January 2020, according to a report by...

Ex-Google engineer turns unicorn at Tiger Global-backed firm

For more than five years, he immersed himself in data and machine learning at the company’s YouTube and Android platforms. Ahn said YouTube had...

Snapchat introduces portal to encourage users towards campaigns

Popular social media app Snapchat has announced a new "Run for Office" in-app tool to encourage young adults to run for local office in the US. The...

Mark Zuckerberg Personally Apologises After Largest Facebook Outage

Taking to Twitter early on Tuesday, WhatsApp said: "Apologies to everyone who hasn't been able to use WhatsApp today. We're starting to slowly and...

Foxconn to build EVs for Lordstown Motors and Fisker at Ohio plant

Foxconn will build electric vehicles for Lordstown Motors as well as its other partner Fisker Inc. at a former GM factory in Ohio. Lordstown...

Netflix buys its first games studio, 'Oxenfree' developer Night School

In Netflix’s announcement, Mike Verdu, vice president of game development, wrote Night School’s “commitment to artistic excellence and proven...

TCS gets five year contract from German bank NORD/LB

NORD/LB has embarked on a transformation journey that targets a new business model by 2024, and a leaner, more agile operating model. It has...

Veterans Rama Kondru and Sastry Chilukuri Named co-CEOs for Medidata

Medidata, a Dassault Systèmes company, recently named Rama Kondru and Sastry Chilukuri co-CEOs. Both are Medidata veterans, with Chilukuri as the...

Singapore-based logistics startup Ninja Van raises $578M Series E

Ninja Van, a Singapore-based logistics startup, has closed a $578 million Series E round to support its operations infrastructure and technology...

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