Cryptocurrency market crashes after Chinese government crackdown
While Bitcoin went down by 30%, Ethereum, the second-largest cryptocurrency in the world fell down 40%...
Category : Technology
AxelSpace receives $24mn funding for its Earth observation satellites
by WebAdmin
Axelspace has raised the funds from a group of domestic VCs, including Sparx Group...
SoftBank invests $60 mn in Axiata’s AI unit
Axiata Digital Advertising (ADA) is valued at $260 mn...
Gojek raises $300 mn in a fresh funding round amid merger talks
The funds are being raised from Telkomsel, a unit of Indonesia’s largest telecom operator Telkom...
Cyber security firm Acronis raises $250 mn funding to expand product offering
After the funding round, the Singapore-based firm is valued at $2.5 bn...
JP Morgan to launch bitcoin fund for wealthy customers
by WebAdmin
Reportedly, the fund will be offered to clients in JPMorgan's private wealth division...
MENA IT spending to reach $171 bn in 2021
Businesses in the region are likely to spend $7.6 bn more on IT this year...
Telecom Argentina deploys 5G network in Argentina
by WebAdmin
The telco continues to invest in infrastructure with cutting-edge technology to further enhance its services which are used by more than 29 mn customers...
UK-based tech investor Baillie Gifford pumps $100m in Blockchain.com
The company has more than 31 mn users in 200 countries...
Etisalat Digital launches new blockchain platform to prevent trade finance loss
by WebAdmin
UTC states that the losses via duplicated invoices can be between Dh500 mn to Dh1 bn...