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.


Singapore’s Temasek forms cloud JV with Indian software major Infosys

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Infosys will acquire a 60 per cent stake in the joint venture and Temasek will hold 40 per cent.


Geely-owned Volvo shows electric robo-taxi to meet demand for driverless vehicle

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Volvo, which is weighing a stock market listing, is trying to make headway in self-driving cars


Facebook to set up $1b data centre in Singapore

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The facility, which will be Facebook’s first data centre in Asia, is slated to open in 2022.


Japan’s messaging app LINE to launch cryptocurrency

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The company said the digital coin “LINK” will be given as rewards to users of its services and could be traded with other cryptocurrencies at its crypto exchange, BITBOX.


China reveals plans to limit new online games, Tencent dives

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The government has frozen approvals of game licenses during a restructuring of department responsibilities. The halt has hurt the financial results of games companies, including Tencent.


Uber, Boeing enlisted to help Japan develop flying cars

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Flying cars that can zoom over congested roads are closer to reality than many people think. Startups around the world are pursuing small aircraft.


China Evergrande to invest $240m in project to build world’s fastest supercomputer

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This is the first from a total 100 billion yuan that Evergrande agreed with the academy to inject into high-tech sectors earlier this year.


India ride-hailing firm Jugnoo to shut down Singapore app: Report

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Jugnoo will team up with Kardi, a Singapore-based ride-hailing startup, and provide it with tech and engineering support.