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In Google’s infancy, co-founders Larry Page and Sergey Brin reviled Microsoft as a technological bully that ruthlessly abused its dominance of the personal computer software market to choke off competition that could spawn better products.
Hampered by cautious investors and a rigid corporate culture, Japan has produced just a handful of major startups. But there are signs that could be changing, industry insiders say.
The question of why a loved, respected, successful and seemingly grounded person like Takeuchi would take her own life remains unanswered.
NEW DELHI (AFP): Coronavirus infections in India soared past five million on Wednesday (Sept 16), as a WHO envoy warned the pandemic was "still at the beginning".
Tech stocks around the world are pushing all-time highs, spurring headline-grabbing listings by the dozen, yet in Europe the biggest news in the sector is a company looking to leave public markets.
JAKARTA: PasarPolis, the insurance tech startup that counts three top Indonesian unicorns Gojek, Tokopedia and Traveloka among its early backers, has raised US$54mil in new funding.
Deal activity in Asia rose 20% between the first and second quarter of the year, compared to a 9% gain in Europe and 3% in North America. There are 66 venture capital-backed unicorns in fintech worth US$248bil in total, while health care has 46 worth a total of US$116.8bil.
Microsoft Corp has emerged as the most likely buyer of the US operations of TikTok, the popular Chinese short-video app that US President Donald Trump is preparing to effectively ban on national security grounds.
Ant Group, the digital financial services arm of Alibaba, had a US$150bil valuation to top the rankings of this year’s Hurun Global Unicorn Index. The total value of all known unicorns in the world is US$1.9tril, equivalent to the GDP of Italy.
White House trade adviser Peter Navarro suggested on Aug 3 that Microsoft Corp could divest its holdings in China if it were to buy the Chinese owned short-video app TikTok.