Monthly Archives: September 2023

After Nvidia’s 200% rally this year, investors look to the Arm IPO — but the two are very different

Softbank, the owner of Arm, and its positioning of the British chip designer as an AI play, ahead of its blockbuster initial public offering (IPO).

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Ascento’s robots aid overstretched security guards

Like in many industries, there’s an acute shortage of security guards. This means guards still on the job have to pull extra hours and are more likely to make mistakes because of fatigue. Ascento is stepping into the gap with … Continue reading

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California bill to ban driverless autonomous trucks goes to Newsom’s desk

In a blow to the autonomous trucking industry, the California Senate passed a bill Monday that requires a trained human safety operator to be present any time a self-driving, heavy-duty vehicle operates on public roads in the state. In effect, … Continue reading

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Why Lime says the time is almost right to go public

Lime, the startup with shared e-scooters and e-bikes in 280 cities around the world, has been talking about going public for years. Now, Lime CEO Wayne Ting says the economic stars are finally aligning to actually make it happen. The … Continue reading

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Indian consumers’ rising appetite for premium

Indian consumers, traditionally seen as price-conscious, are showing a growing appetite for premium items across a range of sectors, from real estate to smartphones and luxury hotels. The trend, documented by AllianceBernstein analysts in a note to clients this week, … Continue reading

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MGM Resorts is facing ‘ongoing’ cyberattack that sent reservation and booking systems offline

The casino and lodging operator said that its gaming operations were back online but gave no update on lodging or restaurant reservations.

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GlobalFoundries opens $4 billion Singapore expansion fab to meet ‘demand for essential semiconductor chips’

GlobalFoundries announced Tuesday the opening of its $4 billion expansion fabrication plant in Singapore.

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Taiwan-based lifestyle app FunNow merges with Eatigo to broaden its Southeast Asia reach

FunNow, the Taiwan-based app that lets users book activities on-demand in five Asian countries, is growing its reach in Southeast Asia through a merger with restaurant booking app Eatigo. Terms of the deal were undisclosed, but FunNow CEO TK Chen … Continue reading

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How Luckin Coffee overtook Starbucks as the largest coffee chain in China

Luckin Coffee hit 10,000 stores in China in June, surpassing Starbucks as the largest coffee chain brand in the country following rapid nationwide expansion this year.

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Top Mobile App Development Companies in the USA 2023

A business plan with zero strategy for owning and developing a digital space is set up for failure. In today’s era, where all markets have shifted online, owning creative spaces is a significant asset for companies of any size. Enterprises … Continue reading

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