News
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...
Ten Startups Qualify for First Islamic Lifestyle Mini Bootcamp in Dubai
Ten start-ups have made the cut for the first Islamic Lifestyle Mini Bootcamp that will run from November 12 to 16 at the Dubai Technology Entrepreneur Centre (Dtec). This is the largest technology in...
Youth Bulge Powering Lebanon’s Tech Scene: Report
A new report prepared by the UK Lebanon Tech Hub – The Global Entrepreneurship Monitor 2016 National Report – Lebanon – shows that young people and women are at the root of a fast developi...