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Google boils down water data for new UN environment site

Google boils down water data for new UN environment site

Google will produce geospatial maps and data for a publicly available platform to be launched in October in partnership with the UN Environment Program (UNEP). Google. (Reuters pic) TEPIC: Vast quantities of raw satellite imagery and data will be distilled into an online platform showing how water ecosystems have changed, and how countries can manage […]

July 17, 2018 | By | Reply More
Tencent-backed Pinduoduo eyes US$1.6 billion in latest mega tech IPO

Tencent-backed Pinduoduo eyes US$1.6 billion in latest mega tech IPO

The Shanghai-based firm is offering 85.6 million American Depositary Shares at US$16 to US$19 apiece, it said in a stock exchange filing. A sign of Tencent is seen during the third annual World Internet Conference in Wuzhen town of Jiaxing, Zhejiang province, China November 16, 2016. (Reuters pic) BEIJING: Pinduoduo Inc., the Chinese e-commerce operator […]

July 17, 2018 | By | Reply More
Walmart, Microsoft in partnership to use cloud tech

Walmart, Microsoft in partnership to use cloud tech

The five-year agreement will leverage the full range of Microsoft’s cloud solutions, including Microsoft Azure and Microsoft 365, to make shopping faster and easier for customers. Shopping carts are seen outside a new Wal-Mart Express store in Chicago July 26, 2011. (Reuters pic) BENGALURU: Retail giant Walmart Inc said on Tuesday it entered into a […]

July 17, 2018 | By | Reply More
Hong Kong regulator, banks launch blockchain-based trade finance platform

Hong Kong regulator, banks launch blockchain-based trade finance platform

The next milestone is linking with other trade platforms in other jurisdictions to further facilitate cross-border trades. Entrance to the Hong Kong Monetary Authority in Hong Kong, November, 2015 (Reuters pic) HONG KONG: Hong Kong’s banking regulator and seven banks, including HSBC Holdings PLC and Standard Chartered PLC, on Tuesday said they will jointly launch […]

July 17, 2018 | By | Reply More
Moment of truth for Google as record EU antitrust fine looms

Moment of truth for Google as record EU antitrust fine looms

The EU penalty is likely to exceed the 2017 fine because of the broader scope of the Android case. Groupon Inc. surged as much as 14% after a report that the discount-slinging website is actively seeking a buyer. (Reuters pic) BRUSSELS: Google is set to face a record-busting EU antitrust fine this week over its Android […]

July 17, 2018 | By | Reply More
Rolls-Royce unveils hybrid flying taxi at Farnborough

Rolls-Royce unveils hybrid flying taxi at Farnborough

The London-listed aerospace giant, which is based in Derby in central England, showed off the plans at the Farnborough Airshow for the first time, as other players also rush into the market segment.   The Rolls-Royce EVTOL plane will seat four or five people, with a flying range of 500 miles (805 kilometres) and a […]

July 17, 2018 | By | Reply More
EU-Japan biggest ever trade deal covers a third of world GDP

EU-Japan biggest ever trade deal covers a third of world GDP

Trump’s trade tariffs has angered traditional allies, EU and Japan Japan’s Prime Minister Shinzo Abe shakes hands with European Council President Donald Tusk at the end of a EU-JAPAN summit in Brussels, Belgium, 2017. (Reuters pic) TOKYO: The European Union’s top officials arrive in Japan Tuesday to sign the single market’s biggest trade deal ever […]

July 17, 2018 | By | Reply More
Xpeng hits US$4 billion valuation before selling a single car

Xpeng hits US$4 billion valuation before selling a single car

It’s about building a robot on wheels, the equivalent of a smartphone with a steering wheel. Xpeng Motors’ SUV (Bloomberg pic) GUANGZHOU: Henry Xia jumps into the burnt toast-colored electric car he helped build as co-founder of Xpeng Motors Technology Ltd and commands it to play Green Day’s “21 Guns.” He asks the car about […]

July 17, 2018 | By | Reply More
Ringgit opens slightly lower against US dollar

Ringgit opens slightly lower against US dollar

The ringgit opened slightly lower against the US dollar today in the absence of risk-on catalysts. Ringgit Malaysia. (Reuters pic) KUALA LUMPUR: The ringgit opened slightly lower against the US dollar today in the absence of risk-on catalysts and as investors awaited the release of June’s consumer price index data tomorrow. At 9.03 am, the ringgit was […]

July 17, 2018 | By | Reply More
Bursa Malaysia opens higher in early session

Bursa Malaysia opens higher in early session

Bursa Malaysia opened higher this morning, despite the mixed global and regional performances of peers as well as overnight trade on Wall Street. Investors monitor share market prices in Kuala Lumpur (Reuters pic) KUALA LUMPUR: Bursa Malaysia opened higher this morning, despite the mixed global and regional performances of peers as well as overnight trade on Wall Street. […]

July 17, 2018 | By | Reply More