ST Engineering wins $5.5m contract to test smart lamp posts

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The project is part of a broader “Smart Nation” plan developed by the Singapore government to use cutting-edge technology, designed to improve people’s lives.

ST Engineering

Google tells US lawmakers still mulling options on China services

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Google has come under criticism after reports it was considering re-entering China’s search engine market and would comply with its internet censorship and surveillance policies.


India: WhatsApp builds system to store payments data in line with RBI norms

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WhatsApp rolled out a test of its payment system in India, its biggest market by users, earlier this year.


Ex-Bitmain chip designer Zuoxing’s MicroBT takes on IPO-bound crypto mining giant

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If competitors like MicroBT start taking more market share, they could complicate Bitmain’s plans to raise billions of dollars in a Hong Kong IPO.


VC allocations not growing proportionately with surge in deep tech startups, says SGInnovate’s Leonard

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Leonard noted that while funding rounds have grown bigger, the capital may not be filtering down to the seed level, where most of the deep tech firms are.


China’s Tencent taps Medopad’s AI tech for Parkinson’s treatment

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Medopad said in February that it had signed deals worth $131 million with a number of Chinese companies, including Tencent.


Didn’t have to raise the latest $245m round, says Stripe CEO Patrick Collison

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The San Francisco-based company’s latest funding round catapulted its valuation to $20 billion, making it the ninth most valuable startup in the world.


Amazon to invest $944m to launch cloud computing services in Indonesia

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By rolling out a cloud computing business in Southeast Asia’s largest market, Amazon will go head to head with its global rival Alibaba whose cloud computing arm, Alibaba Cloud, launched a data centre in Indonesia in March.


SGInnovate invests in 3 deep-tech startups, launches blockchain developer programme

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Tricog Health, ThinCI Inc and Quantiply are the three startups that have secured the investments from SGInnovate.


Bitcoin and cryptocurrencies poised to become $80t business: Tim Draper

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Cryptocurrency will go after trillion dollar markets – these are finance, healthcare and insurance, banking and investment banking, and governments, Draper said at DEALSTREETASIA PE-VC Summit 2018.