Grab, the ride-hailing company competing with Uber in Southeast Asia, has pulled in $2 billion of new financing from existing investors Didi Chuxing, the company that defeated Uber in China, and SoftBank. Didi said the round could expand by $500 million more with input from other existing backers and new investors, too. A Grab representative confirmed that SoftBank’s Vision fund is not… Read More
Jul.23 -- Trinh Nguyen, senior economist for emerging Asia at Natixis, discusses the accomplishments of Philippine President Rodrigo Duterte, the outlook for the peso and what to expect from his second state of the nation address. She speaks on "Bloomberg Markets: Asia."
The New York Times is asking Fox News' morning show "Fox & Friends" to apologize for what the newspaper calls a "malicious and inaccurate segment" about the newspaper, intelligence ...
Jul.23 -- China is making a push in Artificial Intelligence aiming to make the AI industry an important driver of economic expansion by 2020. Bloomberg's Selina Wang reports on "Bloomberg Technology."
Jul.23 -- Capital Economics Asia India Economist Shilan Shah discusses India's bad debt and stressed loans. He speaks on "Bloomberg Daybreak: Asia."
Jul.23 -- Standard Chartered Chief Asia Economist David Mann discusses his outlook for Fed policy. He speaks on "Bloomberg Daybreak: Asia."
Many are familiar with the many adventurous innovations — zorbing, bungee jumping, and jet boating to name a few — that have come out of the Australian-New Zealand ecosystem. But, so did WiFi, black box flight recorders, cochlear implants, ultrasound technology, and even atom splitting. In recent years, the Island nations have witnessed Atlassian’s 1.1B IPO, a 250M… Read More
Jul.23 -- Xiaomi Head of Consumer Lending Shea Chen discusses his outlook for China's fintech industry. He speaks on "Bloomberg Daybreak: Asia."
Blackstone Group is in advanced talks to pay $400 million for 40 percent of privately held Israeli firm NSO Group, a maker of spyware for mobile devices, Israel's Calcalist business newspaper reported on Sunday. Another investor – ClearSky – is expected to join Blackstone in the deal as a secondary buyer for 10 percent, Calcalist said. An NSO spokesman said he could not confirm the report.
“Do people still play Pokémon go?” It’s a question that pops up pretty much any time the game gets mentioned. The answer: yep! It’s rarely the sidewalk-filling, flash mob-inducing hype monster that it was for a few weeks after launch — and that’s probably better for everyone. But lots and lots of people do still play. Enough people that the game can still… Read More