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Video conference company Pexip surges 54% in IPO debut
OSLO: Shares in Norway's Pexip Holding soared by 54% in early trade on Thursday as the video conferencing company made its stock market debut after an initial public offering (IPO) that was more than 12 times oversubscribed.
Zoom to set up R&D centre, hire hundreds of engineers in Singapore
SINGAPORE: Zoom Video Communications Inc said on Wednesday it would expand its presence in Singapore by opening a research and development centre and will immediately hire hundreds of engineering staff for the new operations.
Pinterest, Zoom debuts set pace for unicorns’ IPO derby
SAN FRANCISCO: Pinterest Inc and Zoom Video Communications Inc. hit the public markets in soaring debuts, setting the pace for other so-called unicorns racing toward initial public offerings.
Mlabs collaborates on free Wi-Fi in Chatuchak Market
KUALA LUMPUR: Mlabs Systems Bhd's unit Multimedia Research Lab has teamed up with Bangkok-based Onliner Company Ltd to provide IT technology and support to the free Wi-Fi and e-commerce project in Chatuchak Market.
YTL Comms to launch Android phones in June
KUALA LUMPUR: In just three days YTL Communications Bhd (YTL Comms) has managed to sell nearly 7,000 units of its first two WiMAX-enabled handsets and in June it will launch the next-generation smartphones running on the Android platform, said executive chairman Tan Sri Francis Yeoh.
Healthy growth for cellular and outsourcing
Celcom (Malaysia) Bhd has come up with a powerful and dynamic proposition following the successful completion of its integration programme, says group CEO Datuk Ramli Abbas. Executive director of Symphony House Bhd, Abdul Hamid Sheikh Mohamed expects IT spending to continue strongly in tandem with the economic growth. Datuk Jamaludin Ibrahim, CEO of Maxis Communications Bhd, expects a healthy growth in the industry, which will see new trends and usages for handsets.
NasionCom growing its revenue
NASIONCOM Sdn Bhd aims to generate revenue of at least RM55mil this year for its VoIP (Voice over Internet Protocol) and broadband Internet services, said executive vice-chairman Datuk Chee Kok Wing.
Warm reception at ACM 2005
DESPITE a 30% lower visitor turnout of about 10,000 at the recent four-day Asean Communications 2005 Expo Forum (ACM 2005) in Seri Kembangan, the organiser AMB Exhibitions Sdn Bhd, is pleased with the greater exhibitor and visitor satisfaction. 'This is expected since we made it a mainly business-oriented event by holding it during weekdays so that exhibitors will have more time to meet trade visitors, while we prevented visitors under 18 years from entering the exhibition hall,' AMB Exhibitions Sdn Bhd director Andrew Siow said.
From an Indian jail, tycoon tries to sell the New York Plaza
NEW DELHI/MUMBAI; It's hardly the $30,000 a night royal suite, but after five months in India's biggest jail, the owner of the New York Plaza and London's Grosvenor House is thrilled to be able to use a modest office as he tries to sell the iconic hotels.
