Intercom’s $94 million A.I. ambition
Intercom, the Irish tech company known for revolutionizing customer communication, is taking a giant leap forward with a new $94 million (€87 million) investment in [more…]
Category: Technology
SoftBank gears up for strong moves in A.I. and semiconductors after profit surge
SoftBank Group is charting a bold new course, buoyed by a second consecutive profitable quarter and a soaring asset value, including a significant boost from [more…]
Uber and Lyft face trial over driver classification in Massachusetts
Uber and Lyft are preparing for a pivotal trial on Monday, where they face allegations from Massachusetts’ attorney general that they have misclassified their drivers [more…]
Tesla’s expansion plans in Germany met with climate protester resistance
In an unsurprising turn of events, a group of climate protesters took their frustrations to the gates of Tesla’s Berlin-Brandenburg Gigafactory in Germany, attempting to [more…]
Canada’s FINTRAC slaps Binance with Nearly C$6 million fine for money laundering violations
In a move that further tightens the regulatory grip around the cryptocurrency sector, Canada’s anti-money laundering agency, FINTRAC, has slapped a hefty fine of nearly [more…]
FTX customers set to receive more than expected in reorganization plan
Cryptocurrency exchange FTX has made a surprising announcement that may bring relief to its customers. According to a court filing, almost all customers of the [more…]
PLDT in talks to sell stake in data centre business to Japan’s NTT, valuation at $750 million
In a move set to reshape its data centre landscape, the Philippines’ leading telecommunications giant, PLDT, is in advanced discussions to sell up to 49% [more…]
British startup Wayve hits the accelerator with $1.05 billion funding boost
In a move set to redefine the landscape of self-driving cars, British startup Wayve announced a staggering $1.05 billion investment round, spearheaded by SoftBank, Japan’s [more…]
Alipay+ targets global expansion in Europe, Latin America, and Middle East
In a move to expand its global presence, Chinese fintech giant Ant Group is leveraging its digital offering, Alipay+, to connect mobile payment apps worldwide. [more…]
Presight acquires majority stake in AIQ, accelerating A.I. integration in energy sector
In a move aimed at advancing the integration of artificial intelligence (AI) in the energy sector, Abu Dhabi-based AI firm Presight has acquired a 51% [more…]