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Technology today is evolving at such a rapid pace, enabling faster change and progress, causing an acceleration of the rate of change, until eventually, it will become exponential. However, it …
Emerging Technologies in Business Read More
Tokyo-based Abeja announced that it has formed a capital and business alliance with Japanese insurance giant Sompo Holdings (TSE:8630). Sompo acquired 21.9% of the outstanding shares from Abeja’s five existing shareholders: INCJ, Salesforce.com, Mizuho Capital Mitsubishi UFJ Capital, and Itochu (TSE:8001). The startup became an affiliate of the insurance conglomerate. Founded in September of 2012, […]
Insurance giant Sompo buys 21.9% stake in Google-backed deep learning startup Abeja Read More
Toshiba Corp says it is considering a preliminary acquisition proposal that would take the technology conglomerate private. Toshiba said Wednesday that it asked for more details on the proposal it received on Tuesday, was giving it “careful consideration” and would make an announcement “in due course.” Trading in the company’s shares was suspended. The major […]
Toshiba receives ¥2 tril acquisition offer from global fund Read More
Audio-chat app Clubhouse said it will launch a monetization feature for its creators on the platform and that it will not receive any payment from it. Starting Monday, all users will be able to send payments through the platform, Clubhouse said. The payments feature will initially be available among a small test group, and then […]
Audio app Clubhouse floats payment feature for creators Read More
SoftBank Group Corp’s Vision Fund 2 and private equity firm Tiger Global Management have invested in Redis Labs, a real-time cloud analytics platform provider, in a late-stage funding round valuing the firm at over $2 billion. Existing investor TCV also participated in the round which raised $110 million, bringing the net amount so far to $347 million, […]
Tiger Global, SoftBank invest in cloud firm Redis Labs at $2b valuation Read More
TOKYO — Taiwan’s Appier Group aims to follow up its successful IPO in Japan with expansion in the U.S. and Europe, its CEO says. But the company faces tough data …
Taiwan’s Appier aims to follow Tokyo IPO with global growth Read More
Jack Dorsey has sold his first tweet ever as an NFT, a nonfungible token. Raking in $2.9 million for the 15-year-old tweet — which reads “just setting up my twttr” — the Twitter CEO immediately handed the proceeds over to GiveDirectly’s Africa charity fund Monday in Bitcoin. Dorsey put the tweet up for sale on […]
Twitter CEO Jack Dorsey sells first tweet as an NFT for $2.9M Read More