Business
HiSense Acquires Toshiba’s TV Biz for $113 Million
Hisense Electric Co., Ltd, a publicly listed subsidiary of Hisense Group announced the agreement to acquire Toshiba TV Productions for a total of $113 Million (12.9 Billion Japanese Yen). In this tran...
Dubizzle Buys Two Dubai-Based Companies
Dubizzle has purchased two Dubai-based companies – Masterkey and Airlist. The company acquired these companies in a bid to offer enhanced and comprehensive services to real estate industry profe...
Graphcore Secures $50 Million from Sequoia Capital
The Bristol-based AI startup Graphcore has today announced a $50 million Series C funding round led by Sequoia Capital. The fast-growing machine intelligence company prepares to ship its first Intelli...
QUOINE Raises $150 Million in Oversubscribed ICO
Cryptocurrency firm Quoine, the first licensed global cryptocurrency exchange in Japan to launch a global Initial Coin Offering (ICO), has closed its oversubscribed ICO – the QASH Token Sale – and rai...
Uber to Sell a Large Chunk of Stake to Softbank
Uber has struck a deal that could lead to a huge investment by a consortium led by Japanese conglomerate Softbank and San Francisco group Dragoneer. The size of the potential investment has not been d...
Razer Raises $528M in Hong Kong IPO
Razer shares commenced trading on the Hong Kong stock exchange in one of Southeast Asia’s most highly anticipated tech company IPOs. The gaming peripherals maker – currently based in the US, but with ...
China Literature Raises Around $1B in its IPO
A Tencent-backed Chinese ebook publisher just had a smashing first day as a public company. Called China Literature, the company raised around $1 billion in its IPO. The company was founded in March 2...
LogMeIn Announces On-Demand Video Platform GoToStage
LogMeIn has announced that it has launched GoToStage, an all-access, on-demand video platform designed to help marketers achieve their most critical outcomes — to generate awareness and demand. ...
Microsoft Launches 365 Business for SMEs
Microsoft today introduced the UAE’s fast-growing SME segment to Microsoft 365 Business. This is a multifaceted solution that ushers them into the modern workplace era by covering all of their product...