Data Showed More Tech Workers Are Leaving Silicon Valley
Cities like Austin, Texas, and Seattle, and Seattle have become a new target for tech workers. They are areas in which the tech startups are increasing in large number.
Software & IT services
Amazon Web Services to Invest Nearly $9 Billion to Boost Cloud Computing Venture in Singapore
Amazon Web Services (AWS) is planning to invest nearly $9 billion to expand its cloud computing infrastructure and services in Singapore.
SEC Warns Robinhood for Possibly Violating Securities Laws With its Crypto Business Operations
Robinhood received a warning from the Securities and Exchange Commission regarding potential legal action over its cryptocurrency operations. This signals regulatory scrutiny, focusing on alleged viol..
Amazon, Google Suspend Green Card Applications Amid Mass Layoffs in IT Departments
Amazon and Google have recently scaled back their green card applications due to the increasingly challenging process...
Microsoft Increasing Presence in Southeast Asia With Substantial AI Investments in Thailand and Malaysia
Microsoft CEO Satya Nadella made big investments in Thailand and Malaysia and other initiatives to expand its Southeast Asian footprint and advance AI technologies...
Amazon-Backed AI Startup Launches New Features to Claude Chatbot, Rivaling With OpenAI's ChatGPT
Anthropic, backed by Amazon, revealed an enterprise offering and iPhon...
Microsoft's Investment in OpenAI Was Sparked by Fears of Google's AI Dominance: Report
Microsoft's decision to invest in OpenAI stemmed from concerns about l...
Latest News
Israeli investment firms get $665 million in 2016
Israel is witnessing an increasing number of new venture capital (VC) firms coming up. The country registered an inflow of $665 million VC funding during the first two months of the year. Unfazed wit
Alibaba Resort to $4 Billion Loans For Expansion From Respective Banks
Alibaba plans of expanding and venturing into other business the reason it is seeking $4 billion in loans. It is already in talks with several banks and the request will be finalized by next month.
Alibaba, Tencent Holdings to Fund Didi Kuaidi $1 Billion
Did Kuaidi, the largest ride-hailing service in China is about to raise $1 billion the same amount that Uber spent last year for its expansion. It is going to be a tough competition for both companies
Natural HR Software Startup Received Early Stage Investment from Midven
The Birmingham-based company focused on developing cloud-based HR software. An area which rarely attracted software startups.
Canadian venture capital at 10-year high
Led by technology sector, venture capital (VC) investments in Canada reached 10 year high in 2015. Canadian Venture Capital & Private Equity Association (CVCA) said 536 deals in funding for entreprene
Indian app-makers woo VC funding as smartphone sales soar
Indian smart phone market is witnessing robust growth rate and attracting foreign venture capitalists (VCs). The home-grown apps are creating more demand for venture capital. India is second largest m
Mobile App Developer TodayTix Acquired $9 Million in Series B Funding
Broadway ticketing mobile app has secured a Series B funding. TodayTix has also expanded its coverage beyond Broadway to other American theaters and abroad.
NASA Calls Coders to Create New Algorithms to Improve Its Robonaut's Vision
NASA is seeking new algorithms that could enable its Robonaut 2 to see better, despite the worn out sensors due to constant radiation. Coders can participate in a competition held by NASA and submit a
Virgin Pulse Acquired Competitors ShapeUp and Global Corporate Challenge
Virgin Pulse acquires two competitors to extend its corporate well-being program. The company mainly focuses on the wellness of empoyees to make them live a better lifestyle and be more productive at
