Binance thrives amidst volatile crypto market

Binance stays consistent as crypto market fluctuates Overall, cryptocurrency values have fallen by 70% so far this year. Crypto exchange firm Binance, however, does not seem to have the same woes. Binance CEO Changpeng Zhao reported to Bloomberg that he plans on generating at least $500 million in profit in 2018, and this figure could […]
  • 10 Days ago

Toyota invests in ride-hailing firm Grab

Toyota grabs Grab Japanese car manufacturer Toyota announced on Wednesday that it will invest $1 billion in Singapore-based ride-hailing firm Grab. Although many people attribute ride-hailing and ride-sharing with companies like Uber and Lyft, Grab has made a name for itself in Asia. In fact, the company bought out Uber’s Southeast Asia back in March, […]
  • 1 month ago

GM and Softbank invest in autonomous cars

All aboard the self-driving bandwagon GM and Softbank are the most recent firms to invest in self-driving cars. Japanese holding company Softbank announced its investment of $2.25 billion into GM’s self-driving development. In December, the firm purchased a 15% stake in Uber, who is also testing self-driving functionalities. GM will follow suit, investing $1.1 billion […]
  • 2 Months ago

Two Chinese firms make top 10 most valuable list

Tencent and Alibaba make the top 10 China has two firms in the BrandZ top ten most valuable global companies for the first time in history. The list looks like this: Google Apple Amazon Microsoft Tencent Facebook Visa McDonald’s Alibaba AT&T Alibaba is China’s newcomer to the list, joining Tencent in the top 10 for […]
  • 2 Months ago

Toshiba board agrees to sell memory business to Bain-led group

Wednesday, the board of reeling technology giant Toshiba announced that it has approved the $18 billion sale of the company’s flash memory operation, Toshiba Memory Corporation (TMC), to a group of buyers that includes American venture capital firm Bain Capital, and a pair of government-owned Japanese organizations, the Innovation Network Corporation of Japan, the New […]
  • 10 Months ago

Asian Ride-Hailing Company Grab Has Raised 2 Billion and Counting in Latest Investment Round

China’s most prominent ride sharing company, Didi Chuxing, and SoftBank, a leader in the Japanese telecommunications and internet services industries, have invested a combined $2 billion in southeast Asian ride-hailing company Grab, Johana Bhuyan of recode.net reports. Grab expects to collect an additional $500 million dollars during this round of funding. It will use the […]
  • 12 Months ago

AirAsia X to Operate in America

Malaysian-based AirAsia X announced on Tuesday that the Federal Aviation Administration had granted it certification to fly into the U.S.  The Asian low-cost carrier is the first of its kind to receive authorization to operate scheduled passenger, according to the airline. AirAsia X Group CEO Datuk Kamarudin Meranun said in a statement, “This is a major milestone […]
  • 1 year ago

Indonesian Poultry Prices on Rise and How it Affects You

Poultry prices continue to be on the rise possibly hurting corporation who rely heavily on their supply. Indonesia’s government efforts to gain a larger self-sufficiency in food production has put a policy in place that has restricted the amount of corn imports, which has already affected rice and bean prices. This policy is expected to […]
  • 3 Years ago

Toyota Announces First Hydrogen Fuel Car

Toyota aims to give all-electric car manufacturer Tesla a run for its money with the all-new, hydrogen cell powered FCV. Toyota claims that the FCV has a range of around 435 miles; that’s a figure that easily bests Tesla’s offering on any trim level of Tesla’s flagship vehicle, the Model S. Another plus for Toyota […]
  • 4 Years ago