Showing 1 - 10 of 46
AI boom fuelling data centre expansion into Asia
Reuters, Published on 08/05/2024
» SINGAPORE - Global private equity investors and asset managers are readying for billions of dollars worth of mergers and aquisitions (M&A) and other investment linked to data centres in the Asia-Pacific region as the artificial intelligence (AI) boom fuels demand for digital infrastructure.
Attackers placing greater stress on exploiting data centres
Business, Suchit Leesa-nguansuk, Published on 21/04/2023
» Attackers have shifted their focus from exploiting individual devices to enterprise data centres, warns cybersecurity firm Palo Alto Networks.
Musk warns of Twitter bankruptcy if cash burn continues
Bloomberg News, Published on 11/11/2022
» NEW YORK: Elon Musk, in his first address to Twitter employees since purchasing the company for $44 billion, said that bankruptcy was a possibility if it does not start generating more cash, according to people familiar with the matter.
Jay Mart eyes B30bn M&A deals in drive for growth
Business, Komsan Tortermvasana, Published on 05/10/2022
» SET-listed Jay Mart, a holding firm engaged in IT retail, finance and technology, aims to reach a 500-billion-baht market capitalisation by 2024, up from 200 billion baht, driven by technological power, new business models, and financial products.
XSpring unveils digital asset platform for trading
Business, Nuntawun Polkuamdee, Published on 05/10/2022
» XSpring Capital Plc (XPG) is launching a fully integrated digital asset platform as it makes a bid for a top-three market ranking by 2025.
Metals and energy shortage is a looming threat
Life, James Hein, Published on 20/07/2022
» I know the word rare gives it away but the world is facing a rare earth metals shortage. The Chinese are currently the largest producers of this resource and they recently cut their production by half. Turkey is another potential source but that region has been unstable for centuries. Most modern technology cannot expand further without these resources and the whole idea of ramping up renewables requires lots of them. Elon Musk has said we don't have enough in the world for all the plans of our governments and other experts agree.
Merger to create financial data super-app for new era
Business, Poonyapat Luenam, Published on 16/06/2022
» The grouping of Nansen, a blockchain analytics platform, Ape Board, a decentralised finance (DeFi) portfolio management dashboard, and the portfolio companies of SCB 10X, the venture investment arm of SCBX Group, are merging to become a data analysis super-app for Web 3.0.
CTH, GMM partner up
Business, Srisamorn Phoosuphanusorn, Published on 23/07/2014
» CTH, a leading pay-TV operator, has finally entered into a merger agreement with a unit of GMM Grammy in a share-swap transaction, ending months of speculation.
Alibaba steals Yahoo's thunder ahead of IPO
AFP, Published on 16/04/2014
» If Yahoo appears back in favor, it can thank Alibaba, the Chinese Web giant in which it holds a big stake and that is set for a public stock offering.
Alibaba founder Jack Ma buys into Chinese software firm
AFP, Published on 04/04/2014
» Jack Ma, the billionaire founder of Chinese e-commerce giant Alibaba, is to pay $531 million for a stake in a domestic software developer for the financial industry, a statement said.