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Grab Rival Ryde Appoints Financial Adviser for Singapore IPO

Grab Rival Ryde Appoints Financial Adviser for Singapore IPO Mar 08 2021, 10:16 PM March 08 2021, 6:30 AM March 08 2021, 10:16 PM (Bloomberg) -- Ryde Technologies Pte, a ride-hailing service provider in Singapore, hired local investment bank SAC Capital to advise on its plan for an initial public offering in 2022. (Bloomberg) -- Ryde Technologies Pte, a ride-hailing service provider in Singapore, hired local investment bank SAC Capital to advise on its plan for an initial public offering in 202...
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Singapore Warms to Electric Cars Two Years After Tesla's Rebuke

Singapore Warms to Electric Cars Two Years After Tesla’s Rebuke Mar 08 2021, 4:01 PM March 08 2021, 2:30 AM March 08 2021, 4:01 PM (Bloomberg) -- (Bloomberg) -- After years of not doing much to foster the uptake of electric cars, Singapore has started to embrace them. Transport Minister Ong Ye Kung, speaking in parliament last week, said there is a net carbon positive impact in switching from gas guzzlers to electric vehicles, “even if the electricity is generated by fossil fuels.â...
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Netflix, Disney Battle Pirate Sites That Rip Off Their Content

Netflix, Disney Battle Pirate Sites That Rip Off Their Content Mar 09 2021, 6:17 AM March 04 2021, 2:30 AM March 09 2021, 6:17 AM (Bloomberg Businessweek) -- Julius is an avid Netflix viewer. Whether it’s old movies, anime, or hit releases such as The Queen’s Gambit, the 28-year-old banker from Manila, who gives only his first name, is glued to his laptop. He just doesn’t pay for any of the content. The moment a show starts trending on Netflix’s Top 10, he catches it on an u...
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China's Top Tech Dealmaker Ramps Up Push Into IPO Underwriting

(Bloomberg) -- China’s top technology dealmaker is ramping up its push into investment banking, as markets from Shanghai to Hong Kong prepare for another booming year of initial public offerings. Over the past decade, China Renaissance Holdings Ltd.
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Nvidia Gives Bullish Forecast on Gaming, Data Center Demand

Feb 25 2021, 10:13 PM February 25 2021, 3:03 AM February 25 2021, 10:13 PM (Bloomberg) -- Nvidia Corp. shares slipped on concern about growth of the company’s data center chip business. (Bloomberg) -- Nvidia Corp. shares slipped on concern about growth of the company’s data center chip business. During an earnings conference call, Chief Financial Officer Colette Kress said the majority of growth in the current period will come from Nvidia’s gaming business. Some analysts worried ...
New York United States Colette Kress Santa Clara Jensen Huang Bloomberg Nvidia Corp

Apple Partner Foxconn to Form EV Partnership With Fisker

(Bloomberg) -- Foxconn Technology Group will develop an electric vehicle with Fisker Inc., part of the manufacturer’s efforts to boost its automotive capabilities at a time when technology companies including its main customer Apple Inc. are looking to expand in vehicles.
United States Young Liu Henrik Fisker Byton Ltd Hon Hai Precision Industry Co Bloomberg Foxconn Technology Group

India Startup Crushed by WhatsApp Now Wants to Take on Facebook

(Bloomberg) -- Kavin Bharti Mittal, a scion of the family behind India’s second-biggest wireless operator, is planning to revive his struggling technology startup more than four years after it was valued at $1.4 billion by backers including Softbank Group Corp.
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