iPod creator Tony Fadell backs Singapore cybersecurity startup CashShield

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It raised $5.5 million in September in a round backed by GGV Capital and Temasek’s Heliconia Capital Management.

CashShield

Amazon unveils new machine-learning tools to take on cloud competitors

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The machine learning capabilities are intended to make the technology more accessible to developers who don’t have the time or resources to experiment with it on their own.


Malaysia formulating regulatory framework for crypto currencies

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The move is aimed at further securing Malaysia against money-laundering and terrorism financing.


Leonie Hill to contribute half of $60m corpus for IP fund set up with Japan’s IP Bridge

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This fund follows the launch of $717.5 m Makara Innovation Fund for IP investments


China: Tencent Holdings leads $400m Series C in Ubtech Robotics

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The round will see Ubtech gain a post-money valuation of between $4 billion and $5 billion.


Singapore unveils slew of fintech initiatives to bolster status as finance hub

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MAS will also link its interbank payments project — dubbed Project Ubin — with the Bank of Canada’s Project Jasper.


Uber forms pact with NASA for flying taxi air control software

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Uber plans to introduce paid, intra-city flying taxi services from 2023.


Singapore: MAS coaxes competing banks to collaborate on fintech

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Singapore’s vision and strategy for developing fintech is evolving with rapid technological and industry changes, MAS chief Ravi Menon said.


HK: Tesla-partner Tencent to develop own autonomous driving technology

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The social media giant intends to leverage its mapping and artificial intelligence technology to compete in a sector that’s attracted investment from the likes of Alphabet Inc.’s Waymo as well as local rivals Baidu Inc.


Asia’s cryptocurrency traction overstated, PE/VC sector lacks alignment: Aswath Damodaran

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Damodaran is sceptical of Bitcoin and Ethereum’s traction in Asia’s emerging markets.