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

Kabam Lay Off 8% of Workforce, Focus on Multiplayer Games
San Fransisco-based Kabam will lay off its workforce. The mobile game studio will focus on its most popular multiplayer games such as Marvel Contest of Champions and Star Wars: Uprising.
Fenwick & West Survey Finds Valuations in Silicon Valley Weakening
The latest quarterly survey of Fenwick & West LLP found most Silicon Valley companies that raised venture funding in the fourth quarter of 2015 softened.
GuestLogix begins sale, investment process
Canadian company GuestLogix Inc has received court approval for implementing sale and investment solicitation process (SISP). Canaccord Gunuity Corp will be financial advisor to the company under the
Oracle Acquires Ravello Systems for $500 million
It was confirmed on Monday that Israeli company Ravello was acquired by Oracle for $500 million. Ravello joins Oracle's cloud business with high hopes to take on giant tech companies like IBM, Google,
Samsung Reveals Australian Date and Price for Galaxy S7 and S7 Edge
Samsung has revealed the price of Samsung Galaxy S7 and S7 Edge in Australia as A$1,149 and A$1,249 respectively. Both phones will be available on March 11 and offers pre-sale order on February 26.
AT&T, Intel Team Up to Test Drone Technology for 4G Drone Connectivity
AT&T team up with Intel to test drone technology and adds 4G LTE on drones connectivity. The companies will showcase their work in Barcelona, Spain at the Mobile World Congress trade show.
Yahoo announces its strategic move to sell its core business; Company shares climbed after announcement
Yahoo on Friday announced the strategic alternative to sell its core business. Following the announcement, the company's shares climbed.
Salesforce acquires technology startup PredictionIO
Salesforce has been on acquisition spree and latest PredictionIO is the 36th acquisition for it. Salesforce will further enhance technology applications range in machine learning and big data analytic
Silicon Valley's F50 rolls out syndication platform
Silicon Valley-based private co-investment platform F50 has the launched beta version of co-investment Syndication Platform. F50 facilitates both the online and offline transactions for investors and
John McAfee Volunteers Decoding San Bernardino Shooter's iPhone
Apple and FBI want to resolve their feud over the decryption of the iPhone of the San Bernardino shooter but the giant tech company turned FBI's request. John McAfee, inventor of the McAfee software,
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