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Zerodha-backed edtech Stoa School shuts down

The reason for this decision was not detailed.

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Geely eyes $95m rescue of German flying taxi firm

This potential deal would lower Volocopter's valuation from US$1.9 billion in 2022 to about US$110 million.

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Alibaba unveils AI tool to streamline global trade tasks

Accio streamlines a complex 28-step process in global trading for online merchants.

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Samsung stocks fall to their lowest in over four years

This drop is due to worries about potential US tariffs under President-elect Donald Trump's administration.

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Wavemaker Partners launches $30m growth fund for startups

The fund targets startups in Southeast Asia, focusing on the enterprise, deep tech, and sustainability sectors.

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Megvii founder named chairman of Chinese carmaker

Yin Qi, co-founder and CEO of Megvii, has taken on the role of chairman at Lifan Technology Group.

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TikTok hires Chinese workers despite US scrutiny

The majority of hires through H-1B visas between October 2022 and September 2023 were Chinese nationals.

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Dogecoin surges 20% after Trump unveils gov’t department

The Department of Government Efficiency, nicknamed "Doge," will be managed by Tesla CEO Elon Musk and Vivek Ramaswamy.

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Spotify’s active users, profit forecast beat expectations

The streaming service projects an operating income of 481 million euros (US$505 million).

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Huawei’s Tech4City finals: innovative, inclusive, impactful

The finalists showed how AI can enhance inclusiveness in society.

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Brockman returns as OpenAI president amid team shakeup

Brockman returns after OpenAI's funding round valued the company at US$157 billion.

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Indonesia’s rising proptech scene at risk as middle class shrinks

Firms like Lamudi and Rukita have raised funds and claimed profitability, but PropertyGuru notably exited the market in 2023.

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Viettel targets over 300 5G sites by 2025

This commercial launch follows the 2022 collaboration announcement between Viettel and Qualcomm.

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China’s top-funded tech companies in the last decade

Which Chinese tech firm will become the next big thing? Our funding tracker might give you a hint.

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This startup wants cash to turn silkworms into vaccines

Loopworm, whose silkworm protein is used for animal feed, is now eyeing to develop protein for vaccines or beauty products.

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Rakuten sells 15% credit unit to Mizuho for $1.1b

Rakuten's mobile division has struggled to gain market traction amid its financial challenges.

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Saudi cuts Nintendo stake from 7.5% to 6.3%

Nintendo's shares fell by up to 4% on the Tokyo Stock Exchange after this announcement.

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Vietnam’s FPT launches AI factory in Japan with Nvidia

This development is part of FPT's efforts to expand its reach into AI and cloud services.

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Turkey’s Bek Ventures raises $250m

The firm emphasizes early-stage businesses in regions often overlooked by technology investors.

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Swiggy shares surge on market debut after $1.4b IPO

Swiggy's shares saw an increase of 7.7% in pre-opening trade on Wednesday on India's National Stock Exchange.

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