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Renesas, Syntiant Develop Multimodal AI Solution

Renesas Electronics Corporation and Syntiant Corp. recently announced the joint development of a voice-controlled multimodal AI solution.

Indian food delivery startup raises $1.25 billion

Swiggy has closed a $1.25 billion financing round led by SoftBank Vision Fund 2 and Prosus Ventures.

Google to buy Japan payments firm Pring

Alphabet's Google (GOOGL.O) has agreed to buy payments business Pring from backers including fintech firm Metaps Inc (6172.T) as the U.S. tech giant pushes into Japan's rapidly growing market for cashless services.

Binance Suspends GBP Withdrawals Again

Binance has reportedly suspended its GBP withdrawal service again, as payment platform Faster Payments ended its partnership with Binance.

SoftBank adds $5 billion to Latin America funding

oftBank Group plans to invest an additional $5 billion in Latin American companies, doubling its total capital to $10 billion, according to people familiar with the matter.

CATL founder eclipses Jack Ma in wealth stakes

Zeng Yuqun, the founder of the world’s biggest electric-vehicle battery maker, has overtaken Jack Ma in the wealth rankings, a symbolic moment in the rise of China’s green billionaires.

Roblox, Sony Partner To Bring Artists to the Game

Roblox has reportedly announced that it has signed a partnership agreement with Sony Music Entertainment.

Samsung Electronics flags 53% jump in Q2 profit

Samsung Electronics Co Ltd (005930.KS) on Wednesday reported a likely 53% jump in second-quarter operating profit, beating market estimates on the back of strong chip prices and demand despite lower smartphone sales.

SoftBank pays $1.6 bln for Yahoo Japan license

SoftBank Group's Internet subsidiary Z Holdings paid Verizon Media 178.5 billion yen ($1.61 billion) for the perpetual right to own the Yahoo brand and technology in Japan.

India selects global firms to boost IT production

India selected four global firms in its choice of global companies in its $1 billion incentive program to boost production and exports of laptops, tablets, and personal computers.