SpaceX seeks to raise $507m in latest funding round at $26b valuation

By
Posted

The company has outlined plans for a trip to Mars in 2022, to be followed by a manned mission to the red planet by 2024.

SpaceX

Vietnam urges greater scrutiny of cryptocurrency deals amid alleged scam

By

In a directive, Prime Minister Nguyen Xuan Phuc told the State Bank of Vietnam, the Ministry of Public Securities and other bodies to tighten the “management of activities related to bitcoin and other cryptocurrency”.

Coinbase launching venture arm to invest in crypto startups

By

The firm may also invest in companies started by former employees, it said in the statement.

Philippines: Despite antitrust probe, Grab says Uber takeover to push through

By

Grab Philippines said the company will cooperate with the review conducted by the Competition Commission.

Foxconn, Sirin Labs to make first blockchain smartphone

By

The device is designed to store and use digital currencies such as bitcoin in fee-less transactions.

Almost half of fund allocators have no idea what to make of crypto

By

Eleven percent of those surveyed at an industry conference said they plan to allocate to crypto funds this year. Seventy-one percent said they won’t, and 18 percent were undecided.

Thai Ookbee, Computerlogy partner S Korea’s YDM to form blockchain JV

By

The JV has initiated one billion SIX tokens, each valued at 10 US cents, and is targeting to raise nearly $43 million via ICO.

Singapore: Blockchain startup Bluezelle raises $1m from China’s NEO Global

By

The funding round comes after Bluzelle’s $19.5-million initial coin offering (ICO) in January. The ICO saw the company sell a third of its 500 million tokens to investors including Kenetic Capital, Hashed, Kryptonite 1 and 8 Decimal Capital.

Google CEO Pichai expects China to play crucial role in AI

By

Google has invested in Chinese startups, forged a patent alliance with Tencent Holdings Ltd. and is pushing its TensorFlow AI tools in the country

Chinese startups Horizon Robotics, others steer country towards 30m driverless vehicle target

By

Horizon Robotics is an example of China’s resolve to move up the manufacturing value chain by focusing less on commodity smartphones and TVs, and more on sophisticated semiconductors and AI that can help cars drive themselves or spaceships land on the moon.