Mar 21, 2016 11:42 AM EDT
It's been months since Amazon first expressed its intention to get into the logistics and delivery business, taking on existing rivals like FedEx and UPS. As for now, the company is leaning on the U.S. government to grant it the support it needs to become a delivery powerhouse.
Mar 21, 2016 11:20 AM EDT
Singapore-based ride-hailing service Grab has secured a partnership with one of Indonesia's largest conglomerate the Lippo Group. The size and other financial details of the deal were not disclosed by both companies.
Feb 02, 2016 11:05 AM EST
Kraken bitcoin exchange received a multi-million dollars Series B funding. SBI Investment, the Japanese venture capital firm lead the undisclosed amount of funding as announced on Monday.
Feb 02, 2016 10:41 AM EST
CarGlass Inc has just received $3 million seed funding from Byron Asset Management and Morning Crest Capital. The company is the provider of digital media content to drivers safely and intelligently.
Feb 02, 2016 10:04 AM EST
Since her inauguration in 2013, South Korean president Park Geun-hye has launched several initiatives to boost startup companies with more than $3 billion investment. Now the nation has started to see the blooming of its effort. One last thing to change is the people's mindset who looked down on entrepreneurship.
Feb 02, 2016 10:01 AM EST
The Google DeepMind researchers have every reason to celebrate for creating history in the world of artificial intelligence. They reached a major breakthrough after 20 years of intense research, as they shaped the first machine to master the ancient Chinese game of Go.
Jan 11, 2016 09:26 AM EST
Samsung, the Korean electronic giant introduces a refrigerator that is enable to order groceries in cooperation with MasterCard app and its grocery partners. The smart fridge, Samsung Family Hub is to be officially presented at the Consumer Electronic Show (CES) 2016 this week in Las Vegas.
Jan 11, 2016 09:24 AM EST
New York City will be transformed into a smart city soon with the installation of around 500 WiFi kiosk that is set to replace the current public phone. The installation which is also part of an investment by a consortium including Google is seen as an attempt for the technology giant to rival the US telecoms market.