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...


Latest News

Yahoo to Cut 15% Employment, Laying-Off 17,000 Workforce
After a massive loss of $4.3 billion in Q4, Yahoo will struggle much more to return to profitability. The Internet company decided to cut its employment by 15%, close some offices and explore strategi
Microsoft Just Spent Nearly $250 M To Buy Swiftkey, The Popular Predictive Typing App For Smartphones
Swiftkey, the popular predictive typing app for smartphone, has been reported to be bought by Microsoft for nearly $250 million. Microsoft is said to have a bigger plan with the app, going further tha
Facebook’s Parse Service Shutdown Upsets Many Developers Programmers, Betting Trust In The Future
The shutting down of Parse, a startup for developers that have been bought by Facebook in 2013, has received many protests from its users. Many small developers are disappointed and consider that Face
CarGlass Inc, Car Digital Media Service Provider Landed a $3 Million Seed Funding
Provider of drivers' digital media, CarGlass Inc received a $3 million seed funding from two investors. The company focuses on providing digital media content to drivers safely and intelligently.
Xerox splits into two; Carl Icahn to get 3 berths on board
Xerox Corporation will be split into two separate business entities for hardware and services businesses. It's learnt that activist investor Carl Icahn will get multiple positions on the boards of the
Lexumo Received a $4.89 Million Seed Funding From Three Investors
Accomplice and two other investors provide seed funding to Lexumo. The company provides a unique platform to continuously check the security of every open source code available in the world.
21 people arrested in China over online scam reaching 50 bln yuan from investors
21 people were arrested by the Chinese police on account of a huge online financial scam. The P2P online lender Ezubao had almost pulled off the biggest scam in wealth management product industry, wit
Google Just Beat Facebook In The Race To Artificial Intelligence Milestone
Google has set a milestone in the field of artificial technology, with its latest innovation AlphaGo. The program has been designed to tackle the 10 to the power of 700 variations that the ancient Chi
Apple is Developing Wireless Charging for Its Devices To Be Released in 2017
Apple has been showing interests in developing wireless charging technology since they released the first iPhone. Their ambitions have been closer to reality and we could expect to see the new technol
Microsoft to place future data centers under water
Microsoft has put a prototype of data center under the ocean to examine its efficacy to work hundreds of feet beneath the ocean surface. The underwater data centers could reduce the delay in web servi
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