Lyft partners Waymo for self-driving car pilots


U.S. ride services company Lyft Inc and Alphabet Inc’s self-driving car unit Waymo have launched a self-driving vehicle partnership, bringing together two rivals to dominant ride-sharing service Uber Technologies Inc. Lyft, the No. 2 U.S. ride service by ride volume, in a statement said a deal to launch self-driving pilots would… Read more »

As fund sizes increase, Asia-focused VCs hold one-third of global dry powder

Asia-focused dry powder levels up $21 billion from 2016-end.

Highland Capital launches $147m healthcare fund with backing from S Korea NPS

S Korea’s National Pension Service is a cornerstone investor.

Islamic fintech is aspirational but has clear opportunities: Bahrain EDB CEO

Bahrain EDB aims to position itself as a regional fintech centre.

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Australia: Motorsport Network buys Motoring Media Network

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State-owned Japan Post to buy Nomura Real Estate

Japan Post last month announced a $3.6-b writedown on Australia’s Toll Holdings deal.

Spotify, valued at $13b, to launch direct listing on NYSE

If successful, it could change the way companies sell shares to the public.

Sprint, SoftBank in informal merger talks with T-Mobile

A Sprint merger with T-Mobile comes fraught with regulatory risk