Grab, NUS launch $4.3m smart mobility-focused AI lab in Singapore

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The lab will analyse data provided by Grab to map out traffic patterns and identify ways to directly impact mobility and liveability in cities across the region.

Grab

BlackRock CEO Fink says evaluating cryptocurrencies

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Fink said the world’s largest asset manager has assembled a working group to look at blockchain technology and cryptocurrencies such as bitcoin, but cautioned he does not see massive investor demand.


China auto firms partner to set up ride-sharing platform

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FAW Group, Dongfeng Automobile and Chongqing Changan Automobile have set up a ride-sharing venture.


SoftBank launching BLUU app for finding parking spaces in Japan

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SoftBank, which has invested in ride-sharing services including Uber Technologies Inc., said it’s aiming to change how people park, using data compiled through BLUU.


Half of crypto startups fail within four months of token sales

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That’s the finding of a Boston College study that analyzed the intensity of tweets from the startups’ Twitter accounts to infer signs of life.


India mulls safeguards in the face of China’s growing tech clout

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Government agencies including the defence ministry, information technology ministry and the Telecom Regulatory Authority of India (Trai), besides the Reserve Bank of India (RBI), are working on new policies.


Beijing launches $4.6b fund to invest in tech innovation: Report

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The fund will focus on 14 advanced technology sectors, with single investment size of no more than RMB 500 million ($76.5 million).


Ethereum billionaire sees next big crypto winners coming from China

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Anthony Di Iorio hasn’t stopped looking for bargains in the digital-currency world after amassing a fortune of as much as $1 billion from his early investment in Bitcoin and as a co-founder of Ethereum.


Silicon Valley-style coding boot camp seeks to reboot Japan Inc

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Long known as a “monozukuri” – or manufacturing – powerhouse, Japan is in danger of getting left behind as artificial intelligence, robotics, and machine learning sweep through industries from cars to banking


Vietnam lawmakers approve cyber law clamping down on tech firms, dissent

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Experts say, the provisions will result in severe limitations on Vietnam’s digital economy, dampening the foreign investment climate.