News 18/21

Dec 7, 20212 min read

Alibaba Announces New CFO As Restructuring Begins

Alibaba Group will be having a new chief financial officer (CFO) come 2022. The news of the new leadership also came with an announcement...

Dec 3, 20212 min read

Grab Shares Fluctuated After NASDAQ Debut; Opening Bell Ceremony Held in SG

Grab celebrated their NASDAQ listing, the biggest yet by a Southeast Asian company, during NASDAQ's first-ever opening bell ceremony held...

Dec 3, 20213 min read

China’s Huobi Group Moves Asia Base to Singapore

The operator of China's largest cryptocurrency exchange, Huobi Group, recently announced that it has chosen to move its regional...

Nov 19, 20212 min read

Dyson Begins Move Into New Singapore HQ; Set To Open in 2022

Dyson, a company primarily known for its vacuum cleaners, has recently announced it has begun moving into its new headquarters -...

Nov 17, 20212 min read

Huawei Launches New Matebook B Series Lineup for Businesses in SG

Huawei launched its newest lineup of business laptops for corporate owners and commercial users in Singapore on 17 November 2021. The new...

Nov 17, 20212 min read

Samsung’s Jay Y. Lee Visits US, Expected To Finalise Decision on New Chip Plant Location

With the U.S. looking to bring chip manufacturing back to its shores, Samsung looks set to announce where its newest factory will be...

Nov 12, 20212 min read

Apple Debuts Apple Business Essentials for Small Businesses; Launches Beta Test

Apple recently launched the beta version of its new service that promises to help small businesses easily manage Apple devices at work....

Nov 9, 20212 min read

Toshiba Possibly Splitting Into Three Companies

Embattled Japanese conglomerate Toshiba is considering splitting its business into three different companies according to reports....

Nov 9, 20212 min read

SG To Invest an Additional S$180 Million in AI Research; Launches Two New Public AI Programmes

Singapore has recently added two new public artificial intelligence (AI) programmes to its National AI Strategy and invested an...

Oct 26, 20212 min read

Australia Plans To Amend Its Online Privacy Code To Protect Underaged Social Media Users

Underage social media users in Australia might soon need permission from parents before creating an account or logging into existing...

Oct 23, 20212 min read

China Hints at End of Crackdown on Tech Giants

Chinese tech giants might be seeing the end of the Chinese government's crackdown on them soon. China Banking and Insurance Regulatory...

Oct 22, 20212 min read

PayPal Is Allegedly Looking To Buy Pinterest for US$45M

Payment company PayPal Holdings, Inc. was recently reported to have approached social media company Pinterest Inc. with an acquisition...

Oct 21, 20212 min read

LG Energy Solution & Stellantis Team Up To Build EV Battery-Making Facility in NA

Dutch automaker Stellantis and LG Energy Solution (LGES) will be working together to build a new electric vehicle (EV) battery...

Oct 19, 20213 min read

SG To Invest in 5G Standalone Networks; Nationwide Coverage Expected by 2025

Singaporeans will soon enjoy the benefits of being connected to the 5G network anywhere in Singapore. Josephine Teo, Singapore's Minister...

Oct 19, 20213 min read

EV Battery Startup ONE To Start Producing “Alternatives” to Nickel-Cobalt EV Batteries in Late 2022

Better batteries for electric cars (EVs) may soon be installed in future vehicles. Michigan-based energy storage solutions company Our...

Oct 15, 20212 min read

US Senators Want Huawei Spin Off HONOR Blacklisted For National Security Concerns

Three U.S. Republican senators led by Florida Republican Senator Marco Rubio recently appealed to the Biden administration to blacklist...

Oct 14, 20212 min read

EU Launches Antitrust Investigation Against NVIDIA Over Failure To Win Over Watchdogs

The European Union's regulatory watchdog recently put NVIDIA under scrutiny amidst concerns over its planned acquisition of the British...

Oct 12, 20212 min read

Aerospace Firm Pratt & Whitney To Hire 250 More Employees in SG

American aerospace manufacturer Pratt & Whitney recently announced that it would hire an additional 250 employees in Singapore, with more...

Oct 9, 20214 min read

Major EV Battery Manufacturers and Their Expansion Plans for the Future

Car sales around the world seem to have mostly recovered to pre-pandemic levels this year despite the effect of the COVID-19 pandemic and...

Oct 8, 20212 min read

Tesla Claims Rival Rivian Continues Illegal Activities Despite Lawsuit

Tesla, Inc. recently announced that it's escalating its lawsuit against rival automobile manufacturer Rivian Automotive LLC for allegedly...