Tech
Kid-focused tech startup myFirst picks Fu Yu as exclusive contract manufacturer
SINGAPORE startup myFirst has appointed Fu Yu Corporation : F13 0% as its exclusive contract manufacturer, both parties said in a joint statement on Thursday (Apr 4). The startup...
Europe’s IPO market not yet open to unprofitable tech: Bank of America
PROFITABILITY still matters when it comes to initial public offerings (IPOs) in Europe, even for tech startups, according to Bank of America (BOA).“Regarding IPOs of pre-break-even tech companies, we...
Germany’s BMW, India’s Tata Tech to jointly develop auto software
BMW Group and Tata Technologies will form a joint venture to develop automotive software for the German luxury carmaker, the Indian engineering services company said on Tuesday (Apr 2).India...
Citigroup cut US tech banker jobs during broad reorganisation
CITIGROUP implemented a fresh round of job cuts in its US investment bank last week, according to sources familiar with the matter, as the financial giant completed a planned...
Who Were Liron and Naomi Petrushka? Israeli Tech Entrepreneur Couple Killed in Plane Crash in California, Leaving Four Children Orphaned
An Israeli couple, known for their success and reputation as investors, were killed in a plane crash in northern California on Saturday night. Liron and Naomi Petrushka were trying...
AI, new tech are opportunities more than threats, say music investors
SUPPLYING background music in virtual reality worlds; building software so that musicians can create songs on their phones; helping creators monetise their work on social media – these are...
US: Stocks pull back as tech giants hit by EU probe
WALL Street stocks retreated on Monday (Mar 25) as a market rally showed signs of fatigue and tech heavyweights faced stepped-up regulatory scrutiny in Europe. Maris Ogg of Fiduciary...
HSBC’s top tech banker exits to join tech firm
HSBC’s global co-head of technology, media and telecom (TMT) Winston Cheng is leaving the bank to join a major tech firm. Cheng joined HSBC’s investment banking team in 2021,...
