Technology
Luckin Coffee to buy US$2.5 billion worth of Brazilian coffee
CHINA’S Luckin Coffee is set to announce later this year an agreement with Brazil to buy some US$2.5 billion worth of coffee from the South American country’s producers, a...
Chinese insurance broker Yuanbao files for US IPO amid reviving investor appetite
CHINESE insurance broker Yuanbao on Tuesday (Sep 17) filed for an initial public offering in the US, signalling a broader recovery in investor appetite for new listings.
IPOs in the...
Sean ‘Diddy’ Combs Slapped With Sexual Assault, Trafficking, Racketeering Conspiracy Charges in NYC Court
Disgraced rapper Sean "Diddy" Combs has been slapped with charges amid a long-running federal investigation into sex trafficking, according to federal prosecutors. Combs, 54, was arrested at the Park...
Former gaming executives raise US$100 million for new consumer VC fund
VENTURE capital company Patron has raised US$100 million for a new fund that will focus on young consumer-facing companies, with a particular focus on technologies inspired by gaming.It is...
China’s Lenovo to make AI servers in India, opens new AI-centric lab
CHINA’S Lenovo Group will start making artificial intelligence (AI) servers at its plant in southern India and opened an AI servers-focussed R&D lab in the tech hub of Bengaluru,...
In ‘liberal’ San Francisco, the sole progressive vying for mayor is an underdog
SAN FRANCISCO — After 17 years wielding power and influence on the San Francisco Board of Supervisors, Aaron Peskin is facing a rather existential moment:Has this famously liberal city moved...
Google to invest in satellites and AI to better detect wildfires
Amid an outbreak of recent wildfires in California, Google announced a commitment to spend $13 million to improve satellite imaging to help track and detect wildfires, starting as early...
Saudi Arabia approves first ETFs tracking Hong Kong-listed equities
SAUDI Arabia has granted approval for its first exchange-traded funds (ETFs) tracking equities listed in Hong Kong on Tuesday (Sep 17), the Capital Market Authority (CMA) said, marking the...
